Reporting · markets
BitPay adds in-wallet crypto purchases using MoonPay infrastructure
BitPay's new in-wallet purchase flow, launched November 5 on MoonPay infrastructure, lets users buy crypto with cards, Apple Pay, Google Pay and SEPA.
Quick take
- BitPay has added a crypto purchase flow inside its wallet apps, letting users buy with familiar payment methods.
- SEPA is offered in eligible European markets, and the feature runs in wallet apps on iOS and Android.
- BitPay says its next evidence will be adoption and completion rates.
NewsBTC reported that BitPay has introduced an in-wallet crypto purchase flow, which launched on November 5 using MoonPay infrastructure. Eligible users select a crypto asset and pay with familiar methods inside their wallet.
BitPay says the option accepts Apple Pay, Google Pay, cards and SEPA, and that SEPA is available in eligible European markets. The company adds that the feature is available in wallet apps on iOS and Android and that it can reach more than 100 countries, depending on local support. Asset lists and payment options vary by country.
Identity checks, transaction limits, declines and fees may still apply to purchases. Using Apple Pay does not make the wallet a bank account, and consumer protections may not extend to crypto transactions.
BitPay says its next evidence will be adoption and completion rates for the feature. Those figures would show how often purchases are completed.
Sources
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