Moon Integrates Lightning Payments for All US-based VISA eCommerce Stores
Moon has launched a new payment option that enables customers to purchase goods and services using virtual VISA cards on select eCommerce stores. This new payment feature is targeted at any VISA-enabled e-commerce site based in the United States.
Lightning Payments for VISA Merchants
This latest feature is in partnership with VISA. Users can make purchases using Moon’s Virtual VISA prepaid cards. Once purchased, the cards can be used as the payment option during checkouts at any VISA-enabled e-commerce site. What makes these cards unique is that they are created at the point of purchase.
They are generated for the exact amount of the purchase by the user at checkout. Once this is done and confirmed, the extension creates a Lightning invoice. Once the invoice is paid for, the card is loaded with the exact amount, no exchange or deductions made. The card can then be used to pay for the items in their cart.
Moon cards are virtual cards loaded with cryptocurrency temporarily for the purpose of making online purchases. The crypto is converted to USD to allow you to spend the funds immediately whenever you want, especially on sites where cryptocurrency is not accepted.
The cards are to be used only once. This way, if your payment information is leaked, there is no risk to the security of your coins. Moon cards have no fees and are only available to United States users.
Although some e-commerce retailers let you pay with cryptocurrencies, Moon’s focus is to enable crypto purchases on popular platforms that are yet to adopt crypto. This includes popular retailers like Amazon and Target. The startup allows customers to link their Coinbase balances to their Moon extension. You can make purchases using Bitcoin, Litecoin, Ether, and Bitcoin Cash.
Moon extension browser is available on browsers like Chrome, Brave, and Opera.