MoonPay is an infrastructure for crypto payments.
20th July — We are happy to announce that MoonPay, a one-stop payment solution for cryptocurrency, is launching on Polygon. It is an easy, powerful, and effortless solution to integrate.
MoonPay’s application performing interface (API) looks into various factors such as Know-You-Customer (KYC) and Anti-Fraud requirements. It allows the conversion of funds between digital currency and fiat currency and vice versa.
MoonPay backs up some of the leading cryptocurrency wallets, applications, and websites for payment solutions. They support various payment methods which include Visa and Mastercard, Virtual Cards including Apple Pay, Google Pay, and Samsung Pay. They will be responsible for analyzing risk, processing the payments with the card company, and finalizing the transaction.
This helps hundreds of thousands of users in easing out their process of payment transactions.
MoonPay Sell is now live in the USA for seamless crypto-cashouts via ACH direct deposit.MoonPay will soon support the purchase of NFTs on ERC 721 and ERC 1155 priced in USD and ETH. MoonPay’s exclusive on-and-off-ramp solution blends together the fiat and crypto aspects of a transaction to offer a first-of-its-kind NFT offering that’s safe and secure.
Features of MoonPay
- Intelligent fraud detection — Basically, proprietary fraud engines leverage the most advanced machine learning models and concepts to calculate highly accurate risk profiles, defeat fraud and improve conversion.
- Chargeback protection — MoonPay ensures guaranteed chargeback protection that covers costs and time, bearing risks out of cryptocurrency payment solutions.
- The Technology-first approach to AML — AML-monitoring system works to eliminate malicious actors in real-time, ensuring thorough dealing with complaint users.
MoonPay’s high-end system will facilitate the process of digital payments at high speed and accuracy with Polygon. The arrival of MoonPay on Polygon will attract more users into the DeFi space by providing a superior user experience.
About MoonPay
MoonPay is a financial technology company that builds payments infrastructure for crypto. Our on-and-off-ramp suite of products provides a seamless experience for converting between fiat currencies and cryptocurrencies using all major payment methods including debit and credit card, local bank transfers, Apple Pay, Google Pay, and Samsung Pay. MoonPay is active in more than 160 countries and is trusted by 300+ leading wallets, websites, and applications to accept payments and defeat fraud.
About Polygon
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns, and ~13.5M+ unique users.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
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MoonPay is coming to Polygon! was originally published in The Polygon Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.