Crypto Payments Infrastructure Provider MoonPay Chooses Worldpay from FIS for Global Expansion and Card-to-Crypto Services
July 14 2021 - 4:00AM
Business Wire
Key facts
- Rapidly growing cryptocurrency payments infrastructure provider
chooses Worldpay from FIS to support continued global
expansion.
- Worldpay will handle payments for the purchase of
cryptocurrencies like Bitcoin and Ether as well as non-fungible
tokens.
MoonPay, which provides payments infrastructure for buying and
selling cryptocurrency, has selected financial technology leader
FIS® (NYSE: FIS) for merchant acquiring services in the 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.
MoonPay was seeking an experienced payments partner to support
its continued growth. The firm will use Worldpay from FIS merchant
services to process consumer credit and debit card-based purchases
and sales of cryptocurrencies as well as 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 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.”
FIS processes over $2 trillion in transactions annually across
over 100 countries in numerous payments types and currencies. FIS
has announced a number of cryptocurrency-focused initiatives in
recent weeks as a further proof point of the company’s mission to
advance the way the world pays, banks and invests.
About FIS
FIS is a leading provider of technology solutions for merchants,
banks and capital markets firms globally. Our employees are
dedicated to advancing the way the world pays, banks and invests by
applying our scale, deep expertise and data-driven insights. We
help our clients use technology in innovative ways to solve
business-critical challenges and deliver superior experiences for
their customers. Headquartered in Jacksonville, Florida, FIS is a
Fortune 500® company and is a member of Standard & Poor’s 500®
Index. To learn more, visit www.fisglobal.com. Follow FIS on
Facebook, LinkedIn and Twitter (@FISGlobal).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210714005056/en/
For More Information Kim Snider, 904.438.6278 Senior Vice
President FIS Global Marketing and Communications
kim.snider@fisglobal.com
Fidelity National Inform... (NYSE:FIS)
Historical Stock Chart
From Aug 2024 to Sep 2024
Fidelity National Inform... (NYSE:FIS)
Historical Stock Chart
From Sep 2023 to Sep 2024