MoonPay integrates PayPal to allow US users easier access to crypto purchases and sales | Headlines | News | CoinMarketCap
05/02/2024 20:22
MoonPay announced today its users in the United States can now buy and sell more than 110 cryptocurrencies with PayPal. The integration will help …
MoonPay announced today its users in the United States can now buy and sell more than 110 cryptocurrencies with PayPal.
The integration will help prevent declined crypto purchases via debit card, “significantly increasing the success rate of crypto transactions — even when using the same debit card,” a press release claimed today. Additionally, existing PayPal users won’t need to manually input their card information when buying cryptocurrencies on MoonPay.
MoonPay users also will not be limited to PayPal purchases with the PYUSD stablecoin or ether, the company says. Rather, they can buy and sell more than 110 coins and tokens.
Roughly half of MoonPay’s customers in the U.S. can take advantage of the integration, a spokesperson told The Block. The company plans to expand its PayPal …