MoonPay linked to European payment firm Tempo to process fiat-to-crypto transactions, aiming for faster settlement and higher card approval rates in Europe.
MoonPay integrated with Tempo, a European payments firm, to process fiat-to-crypto transactions, the digital asset payment platform said Monday. The move links MoonPay directly to Tempo's local payment networks, which the company said should improve card approval rates and shorten deposit times for users in supported regions.
Tempo operates as a payment institution regulated in France, with direct access to SEPA and other local clearing systems. By routing transactions through Tempo rather than using a single global acquirer, MoonPay aims to cut the number of intermediaries in the settlement chain. The company said the integration also reduces latency for withdrawals from decentralized applications.
The update arrives as MoonPay works to broaden its payment rail coverage beyond the standard Visa and Mastercard routes. Last month it added support for Discover cards in the United States. The Tempo connection extends that push into Europe, where local payment schemes often require separate integration.
MoonPay did not disclose the specific launch date or which countries would gain access first. It said the integration is live for select partners and will roll out more broadly in the coming weeks.
No material change to MoonPay's revenue mix or competitive positioning is immediately visible from the announcement alone. The integration is operational, not experimental, the company said.
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.