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That's just weird. There is no proven method to monetize solely transaction data. Moonpay doesn't know anything out of the ordinary about their customers. BitP
by NicoJuicy 5y ago
That's just weird. There is no proven method to monetize solely transaction data.
Moonpay doesn't know anything out of the ordinary about their customers. BitPay would have a better advantage then Moonpay ( 10 years of data and a higher volume)
It's only good for detecting fraud, even if they would have lots of data ( which they don't seem to have)
- ck_one 5y agoI guess they will monetise their KYC data. Eventually you will need KYC data to accept a payment from a customer. The customer obviously doesn't want to enter it again and again. So some company will build a KYC layer - this might be MoonPay.
- NicoJuicy 5y agoYou are forgetting the entire premise of crypto. Anonymous payments with only a wallet id. I'd suppose many people don't want to share their info and the most bought item is gift cards.