Block and MoonPay will soon integrate a service for crypto-to-fiat transactions.
Twitter co-founder Jack Dorsey’s fintech company Block is partnering with MoonPay to offer users a way to purchase bitcoin through “all major payment methods,” including debit and credit cards, bank transfers, Apple Pay, Google Pay and PayPal, the companies announced on Tuesday.
“We’re starting our collaboration at an exciting moment as Bitkey expands its go-to-market presence. The integration itself took only a few weeks and we’re proud to power Bitkey users’ engagement with Bitcoin,” MoonPay President of Enterprise Keith Grossman said via email. “With MoonPay, these users are already registered / KYC’d and have their payment methods securely stored,” Grossman said.
The companies also plan to integrate MoonPay Sell into Bitkey for crypto-to-fiat exchanges soon. Grossman said this feature is “currently live with numerous partners” and expected to launch with Bitkey later this year.
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