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Highlights
Fast growing cryptocurrency payment infrastructure provider chooses FIS’s Worldpay to support continued global expansion.
Worldpay will handle payments for the purchase of cryptocurrencies like Bitcoin and Ether as well as non-fungible tokens.
JACKSONVILLE, Fla., July 14, 2021 – (BUSINESS WIRE) – MoonPay, which provides a payment infrastructure for buying and selling cryptocurrency, has selected financial technology leader FIS (NYSE: FIS) to its merchant acquisition services in over 160 countries and 80 digital currencies supported by the growing business.
MoonPay creates tools that allow web and mobile developers around the world to accept payments for cryptocurrencies such as Bitcoin and Ether as well as non-fungible tokens (NFTs). The cryptocurrency and NFT market is growing rapidly as consumers around the world become more comfortable buying and selling digital assets.
MoonPay was looking for an experienced payments partner to support its continued growth. The company will use Worldpay FIS Merchant Services to process cryptocurrency purchases and sales as well as consumer credit and debit card NFTs.
“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 payment processing services, Worldpay provides the global scale, footprint, expertise and seamless acquisition services we need to achieve our business goals, improve our speed to market and continue to expand into new geographies with our advanced crypto infrastructure. “
“As a leading proponent of card-to-crypto services for cryptocurrency exchanges, Worldpay brings rich experience to MoonPay as the company seeks to expand crypto and NFT purchases to a wider global market,” said Jason Pavona, Managing Director for North America. , FIS Merchant Solutions. “Interest in digital currencies as well as NFTs continues to grow and was eager to work with innovative companies like MoonPay that are making these new technologies more accessible to more people. “
The story continues
FIS processes more than $ 2 trillion in transactions per year in more than 100 countries in many types of payments and currencies. FIS has announced a number of cryptocurrency-focused initiatives in recent weeks as further proof of the company’s mission to advance the way the world pays, banks and invests.
About the FIS
FIS is a leading provider of technology solutions for traders, banks and capital markets companies globally. Our people are dedicated to advancing the way the world pays, finances and invests by applying our scale, deep expertise and data-driven knowledge. We help our customers use technology in innovative ways to solve critical challenges and deliver superior experiences to their customers. Based in Jacksonville, Florida, FIS is a Fortune 500 company and is a member of the Standard & Poors 500 Index. For more information, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).
See the source version on businesswire.com: https://www.businesswire.com/news/home/20210714005056/en/
Contacts
For more information Kim Snider, 904.438.6278 Senior Vice PresidentFIS Global Marketing and [email protected]
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