MoonPay and ReHold team for fiat-to-crypto transactions

Financial tech company MoonPay announced its partnership with ReHold, a defi protocol that aims to integrate seamless direct fiat-to-crypto purchase options.

The collaboration encompasses several payment methods, from credit and debit cards to Apple Pay, Google Pay, and bank transfers.

A full spectrum of offerings

Per a press release, ReHold is now a step closer to becoming an all-in-one cryptocurrency platform with this recent addition of fiat-to-crypto purchase functionality and features like swaps and dual investments, providing users a decentralized application (dapp) for trading, investing, and purchasing cryptocurrencies.

We’re excited to unveil our partnership with @rehold_io, an innovative DeFi protocol 🤝

Through our collaboration, ReHold will incorporate direct fiat-to-crypto purchase options via MoonPay, including credit and debit cards, Apple Pay, Google Pay, & bank transfers!

Learn More… pic.twitter.com/qW96S356yv

— MoonPay 🟣 (@moonpay) December 13, 2023

The platform will look to streamline the cryptocurrency experience, providing users with convenience, security, and efficiency.

The approach aims to offer a diverse range of tools tailored to meet users’ evolving needs in digital finance.

You might also like: Mastercard collaborates with MoonPay to advance its web3 presence

A second strategic announcement

This news follows another major partnership agreement for MoonPay, announced in October. The company unveiled a strategic collaboration with Mastercard for cryptocurrency and NFT payments within the web3 ecosystem.

The partnership looked to explore integrations and consumer loyalty opportunities, incorporating Mastercard’s crypto credential system for a secure and regulatory-compliant transaction environment. Together, this pairing highlights the ongoing trend towards bridging fiat and cryptocurrencies in a push towards mass adoption.

Read more: MoonPay creates MoonPay Ventures to invest in web3 gaming and infrastructure

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