MoonPay selects FIS for merchant acquiring services

By Megha Bhattacharya

MoonPay, which provides payments infrastructure for buying and selling cryptocurrency, has selected financial technology leader FIS for merchant acquiring services in more than 160 countries and 80 digital currencies supported by the rapidly growing company.

MoonPay creates tools that enable web and mobile developers globally to accept payments for cryptocurrencies such as Bitcoin and Ether as well as for non-fungible tokens (NFTs). The market for cryptocurrencies and NFTs is growing rapidly as consumers globally become increasingly comfortable buying and selling digital assets.

“Our goal at MoonPay is to provide simple, powerful, and painless experiences for consumers around the world to buy and sell cryptocurrencies, NFTs, and other digital assets,” said Ivan Soto-Wright, CEO and Founder of MoonPay. “As a leading provider of card-to-crypto payments processing services, Worldpay provides the global scale, footprint, expertise and seamless acquiring services we need to meet our business goals, enhance our speed-to-market, and continue our expansion into new geographies with our advanced crypto infrastructure.”

“As an early supporter of card-to-crypto services for cryptocurrency exchanges, Worldpay brings a wealth of experience to MoonPay as the company seeks to take crypto and NFT purchasing to a wider global market,” said Jason Pavona, General Manager for North America, FIS Merchant Solutions. “Interest in digital currencies as well as NFTs continues to grow, and we’re eager to work with innovative companies like MoonPay that are making these new technologies more accessible to more people.