Tangem, a decentralized self-custodial crypto wallet, today announced the integration of MoonPay onramps and offramps into its digital wallet infrastructure to further simplify payment (funding) methods for its wallet users.
MoonPay is a Miami-based fintech platform that offers services for buying and selling crypto using conventional payment methods. Its onramps and off-ramps services enable people to efficiently convert fiat money into cryptocurrencies, allowing them to buy and withdraw crypto using several traditional currencies (like Euros, dollars, and many others) and multiple conventional payment methods.
Widening Access to DeFi with MoonPay Integration
By adding MoonPay’s fiat on-and-offramps on its wallet network, Tangem allows its customers to access cryptocurrencies using a wide range of conventional payment methods like bank transfers, credit/debit cards, mobile payments, digital payments, crypto payment options, Apple Pay, Google Pay, etc.
Through its strategic integration, Tangem expands the way its customers access DeFi ecosystems. By incorporating MoonPay’s payment ecosystem into Tangem’s wallet network, Tangem provides its users with a comprehensive approach to purchase, sell, and trade crypto assets directly within the Tangem mobile app.
MoonPay is one of the popular crypto on-and-offramp service platforms by TVL. It has become a hub for DeFi access, linking users to decentralized liquidity platforms.
With MoonPay on-and-offramp embedded directly into the Tangem wallet, Tangem users can now use different payment methods to seamlessly interact with various offerings on multiple DeFi networks. This integration eliminates traditional obstacles such as transferring funds through bridges or exchanges. Tangem customers can now pay with Apple Pay, credit/debit cards, mobile payments, bank transfers, and many others, to explore Web3 apps and networks without hurdles.
Tangem Wallet Pushing for Real-World Payments
Launched in 2017 in Switzerland, Tangem has become a recognized crypto cold wallet that allows people to send and use crypto assets across multiple blockchain networks. With its integration with MoonPay, Tangem customers can now pay with cryptocurrencies at physical business premises like shops, restaurants, etc., and engage in decentralized peer-to-peer transfers swiftly without the involvement of intermediaries.
The integration of MoonPay marks another milestone for Tangem to realize its vision of giving people the freedom to pay with cryptocurrencies anywhere, anytime, without hindrances.
