MoonPay announces PayPal fiat on-ramp for UK and EU
MoonPay noted that PayPal is the third most commonly used payment option in the United States, behind Apple Pay and traditional bank cards.
MoonPay has announced the integration of another fiat on-ramp for customers in the European Union and the United Kingdom. Customers across Europe will soon be able to use PayPal as an option to purchase crypto within the MoonPay platform.
The integration is currently live for 1% of European users, with a full rollout across the region in the coming weeks, and will not be available to residents of Croatia, Iceland, or Hungary.
In a press release, MoonPay cited PayPal’s status as the third most popular payment method in the United States, following Apple Pay and traditional bank cards. Ivan Soto-Wright, the company’s CEO and co-founder, touched on PayPal’s ability to provide an easier user experience for new customers:
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Author: Vince Quill
