MoonPay and Trust Wallet have recently entered a multi-year partnership to streamline fiat-to-crypto transactions for users globally. Under this agreement, MoonPay will take the lead in providing the “Buy Crypto” function within Trust Wallet, starting with operations in the United States. The integration is now live, offering a seamless in-app experience for Trust Wallet users to access various payment options through MoonPay’s services. The collaboration between MoonPay and Trust Wallet aims to simplify the process of buying and selling crypto assets by incorporating MoonPay’s payment infrastructure into Trust Wallet’s platform. This integration includes the use of MoonPay’s checkout tools and global payment networks spanning over 190 countries. Through this partnership, users can enjoy fast and convenient fiat transactions using multiple local payment methods. By leveraging MoonPay’s services, Trust Wallet is focused on enhancing user experience within the Web3 ecosystem by reducing complexities and barriers to entry. MoonPay will serve as the default provider within Trust Wallet, ensuring a consistent and user-friendly interface. Users will have access to various payment options such as credit cards, Apple Pay, and PayPal, making it easier to engage with cryptocurrencies. Ivan Soto-Wright, CEO of MoonPay, emphasized the strategic nature of this partnership, highlighting the alignment between two major players in the crypto space. Trust Wallet will maintain its self-custody model while expanding payment options through MoonPay’s infrastructure. Eowyn Chen, CEO of Trust Wallet, expressed excitement about the collaboration, emphasizing the benefits of smoother transactions and increased payment choices for users. With a customer base of nearly 30 million and partnerships with over 500 Web3 companies worldwide, MoonPay is positioned as a key player in the crypto payments ecosystem. The agreement with Trust Wallet further solidifies MoonPay’s presence in the market, enabling compliant operations across major regions such as the U.S., U.K., EU, Canada, and Australia. This expanded partnership builds upon the initial integration between MoonPay and Trust Wallet, paving the way for a seamless and user-friendly crypto payment experience for Trust Wallet users.
