MoonPay Expands Payment Options by Adding Discover Cards for Crypto Transactions
MoonPay, a privately held fintech company that facilitates crypto transactions, has expanded its payment options to include the Discover Network. This move allows customers using eligible Discover cards to buy and sell cryptocurrencies through MoonPay's platform. Previously supporting Visa and Mastercard, this is only the third major U.S. card network integrated by MoonPay. The integration of Discover marks a significant step for the company as it aims to enhance its payment infrastructure between fiat currencies and crypto assets globally. The addition also highlights an unusual move from Discover Financial Services, which has historically been less active in cryptocurrency partnerships compared to Visa or Mastercard. This development comes after Capital One's $35 billion acquisition of Discover in 2025. MoonPay claims over 30 million customers and more than 500 enterprise clients across fintech and crypto sectors. The company, valued at $3.4 billion as of its last funding round, continues to attract high-profile investors including celebrities like Justin Bieber and Paris Hilton.
Topics: crypto_payments Discover_network MoonPay