MoonPay has announced a new collaboration with Venmo, expanding payment options for their services. This partnership allows US customers to use Venmo as a method to fund their MoonPay accounts, using their Venmo balance or other linked payment methods such as bank accounts, credit cards, or debit cards.
This integration enhances the accessibility of MoonPay's offerings, enabling 60 million Venmo users to access cryptocurrency-related services seamlessly. By incorporating a popular payment service like Venmo, MoonPay aims to tap into a broader audience within the US market and simplify cryptocurrency transactions.