• Web3 and fintech company Moon Blocks has partnered with payment processor Bitpay to allow for cryptocurrency-based payments on its platform.
• This move is pushing the goals of bitcoin and its digital counterparts closer to being achieved as they were initially designed to serve as payment tools.
• By offering more payment options and flexibility, Moon Blocks hopes to attract and retain clients who prefer to pay in cryptocurrencies.

Moon Blocks & Bit Pay Partner to Permit Crypto Payments

Web3 and fintech company Moon Blocks has joined hands with payment processor Bit Pay to allow for cryptocurrency-based payments on its platform. The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved as they were initially designed to serve as payment tools.

Volatility Challenges Crypto Adoption

It is extremely hard to understand when bitcoin and its crypto family will go up or down when it comes to their prices, which makes stores and companies reluctant to accept crypto payments due to fear of price volatility. For example, if a customer buys $50 worth of merchandise with bitcoin, but the price drops 24 hours later, then the store loses money in the end.

The Benefits of Accepting Crypto Payments

Moon Blocks believes that by accepting cryptocurrency payments, it can avoid high transaction fees associated with traditional payment methods and potentially offer lower prices to clients. Additionally, embracing decentralization is at the heart of their philosophy which helps them position themselves as a leader in the industry.

Encouraging Crypto Savvy Audience

Giuseppe – CEO at Moon Blocks – said in a statement that they decided to accept crypto because they want to show that they understand and cater for a crypto-savvy audience which can help build trust between potential customers.

Attracting Clients Who Prefer Crypto Payments

By offering more payment options and flexibility, Moon Blocks hopes this move will help attract new customers who prefer using cryptocurrencies over other traditional methods such as checks or credit cards.