MoonPay adds one tap Cash App payments for crypto purchases
Eligible US customers can now use their Cash App balance to buy digital assets directly through MoonPay and select partner platforms.
MoonPay has integrated Cash App Pay as a payment method, allowing eligible US customers to use their Cash App balance to purchase digital assets directly through its platform.
MoonPay said it is the first digital currency company to offer Cash App Pay as a payment option. Once linked, users can complete purchases within MoonPay’s checkout flow without additional redirects or authentication steps.
The integration is also available through select MoonPay partners, including Trust Wallet, Bitcoin.com, MetaMask, Moonshot, Ledger, BitPay, Uniswap, Tangem, LOBSTR and Edge.
MoonPay CEO and cofounder Ivan Soto Wright said the integration gives Cash App users a way to access digital assets using an app they already use to manage their money.
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Morgan Kuntze, Global Partnerships Lead at Cash App parent company Block, said the integration is designed to give users more flexibility in how they fund purchases while bitcoin remains central to Cash App’s digital asset strategy.
MoonPay said its regulatory footprint includes a BitLicense and New York Limited Purpose Trust Company Charter from the NYDFS, MiCA authorization in the European Union and registrations in the UK, Australia and Canada.