MoonPay, a cryptocurrency payments company, has partnered with Revolut Pay to simplify buying and trading cryptocurrency for users in the UK and the European Economic Area.
Simplifying Crypto Payments with Revolut Pay
The integration of Revolut Pay into MoonPay's platform allows users to quickly buy and trade cryptocurrency without needing to enter their card or wallet details. This is a significant step towards connecting the traditional banking sector with decentralized finance.
MoonPay's Plans for Global Expansion
Currently, the integration is only available to users in the UK and the European Economic Area. MoonPay plans to expand this offering to other markets in the future through its global partner network.
Growing Interest in Cryptocurrencies in Europe
According to Gemini's report, 24% of UK adults now own cryptocurrencies, marking a significant increase from the previous year. There is also a growing interest in cryptocurrencies in France and Italy over the past year.
The partnership between MoonPay and Revolut Pay promises to make crypto payments more accessible and straightforward, while the increasing interest in digital assets in Europe underscores the attractiveness of investing in this area.
