Moonpay adds Discover Network for U.S. crypto card payments
Discover cardholders can now buy crypto through Moonpay across its network of more than 500 enterprise partners, joining Visa and Mastercard as supported U.S. card brands.
Moonpay has added Discover Network to its U.S. card lineup, joining Visa and Mastercard. The change allows Discover cardholders to buy crypto through Moonpay’s network of more than 500 enterprise partners, including wallets, exchanges and apps.
Discover cards will work where partners use Moonpay to handle fiat on-ramps. Moonpay processes payments through Apple Pay, Google Pay, PayPal, Venmo, bank transfers and regional payment rails, and it was the first crypto on-ramp to support PayPal and Venmo.
Partners that embed Moonpay’s checkout will receive Discover support without additional integration work.
Richard Harrison, Moonpay’s vice president of banking and payments partnerships, noted in a release: “Every payment method we add removes a reason someone doesn’t convert at checkout. We’ve built Moonpay around a simple principle: every way people already pay should work for crypto.”
Claudia Schaefer, vice president of strategic client management for Discover Global Payment Network, commented: “At Discover Network, our goal is to provide consumers with the flexibility to pay when, where, and how they prefer. Through our payment solutions, we empower businesses like Moonpay to deliver a consistently secure and seamless experience for their users.”
Moonpay was founded in 2019 and serves more than 30 million customers across 180 countries. The company supports over 500 enterprise customers in crypto and fintech. Moonpay holds a New York BitLicense and a New York Limited Purpose Trust Charter, maintains money transmitter licenses across the United States and has MiCA authorization in the European Union.
Card-based crypto purchases have sometimes faced friction when banks decline crypto-related charges or when cardholders lack access to a supported card network. The addition of Discover reduces another potential point of failure at checkout by expanding accepted card networks.
Stablecoin activity and rising crypto trading volumes have led some card networks to treat digital asset purchases like standard retail transactions rather than routing them through separate, higher-friction channels.
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