MoonPay has expanded its payment rail options by integrating Discover Network, enabling U.S. users to buy and sell cryptocurrencies using Discover cards. This move completes the trio of major U.S. card networks on the platform, with Discover joining the already supported Visa and Mastercard.
While Discover cards have been accepted on some crypto platforms, MoonPay’s integration works at the network level, allowing any eligible Discover card to be used—provided the issuing bank permits crypto purchases. Richard Harrison, MoonPay’s Vice President of Banking and Payments Partnerships, emphasized the company’s philosophy: “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.”
MoonPay, founded in 2019, now serves over 30 million customers in 180 countries and supports more than 500 enterprise clients. The company ended 2024 cash‑flow positive and profitable after net revenue rose 112% year‑over‑year. Beyond card networks, MoonPay already offers Apple Pay, Google Pay, PayPal, Venmo, bank transfers, and regional payment rails.
The integration comes as Discover enters a new era following Capital One’s $35 billion acquisition of Discover Financial Services. Discover has historically been more cautious in crypto than Visa and Mastercard, making this partnership a notable step toward mainstream adoption. MoonPay itself continues to evolve: earlier this year it launched MoonPay Agents, a non‑custodial infrastructure layer that lets AI agents create wallets and execute transactions autonomously.
Despite the technical integration, the final approval of a crypto transaction still rests with each card issuer’s risk and compliance policies. Two Discover cardholders from different banks may face different outcomes. Still, the move simplifies the on‑boarding process for millions of potential new crypto buyers and reinforces the trend of traditional finance gateways coalescing with digital assets.
