It has been announced by Moon Equity Holdings Corp. that its wholly-owned subsidiary BitGift® has inked a partnership agreement with MoonPay. As a result of the partnership, BitGift® will now be able to offer its customers the option of using Visa Debit Cards, in addition to providing onramp and offramp services.
BitGift® will now offer a comprehensive range of features, which has been a long-awaited development. Existing users of BitGift® have already been able to open a crypto wallet in order to buy, store, send, or receive a crypto gift. Now, with the assistance of MoonPay, BitGift® users will be able to sell their crypto, convert their crypto into cash, and send or transfer funds to a bank account of their choosing.
A Fully-Complete Onramp and Offramp System
This new partnership with MoonPay is of the highest magnitude and significance. MoonPay ensures that compliance is never an issue by providing top-tier Know Your Customer (KYC) and onboarding services. In order to eliminate common drop-off spots, instant verifications and rigorous testing were conducted. Data synchronization and pass-through capability are utilized to guarantee that users never need to validate their identity twice.
MoonPay will reimburse the expenses and time associated with handling chargebacks. This makes cryptocurrency payment methods risk-free. MoonPay’s widget and APIs have been battle-tested in hundreds of integrations, hence connecting to the crypto economy can be accomplished in minutes. BitGift® has passed the required tests for integration with MoonPay. BitGift® will be able to provide its users with a fully functional Onramp and Offramp solution once the integration is complete.
BitGift® anticipates integrating MoonPay’s technology into the BitGift platform’s backend within the coming weeks or sooner. This integration will allow BitGift® to provide its users with a comprehensive set of Onramp and Offramp services, while continuing to offer a trustworthy and secure platform for buying, selling, sending, and receiving BitGift®.
