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Transak's wire transfer option could significantly boost crypto adoption in the US by offering a secure and familiar transaction method.
The post Transak debuts wire transfers for US crypto buyers appeared first on Crypto Briefing.
Wire transfers in the worlds largest economy could attract more high-net-worth individuals to crypto.
In a landmark achievement for the cryptocurrency sector, Transak has become the first global on/off-ramp service to secure SOC 2 Type 2 compliance. The firm explained to Bitcoin.com News that the accomplishment underscores the company’s commitment to data security and customer trust, paving the way for broader Web3 industry collaborations with heavily-regulated companies worldwide. Transak [...]
The post Transak Achieves Industry-First SOC 2 Type 2 Compliance in Crypto Sector appeared first on Crypto Breaking News.
Transak will let users purchase crypto directly with PHP, while Unstoppable Domains will let users personalize their domain names.
The post Pinoy-Developed “Pitaka” Wallet Now Allows Users to Buy Crypto Using GCash, Grab, Maya appeared first on BitPinas.
Filipinos can now buy crypto in Coinbase Wallet using GCash, Maya, and GrabPay because of its integration with Transak.
The post You Can Now Buy Crypto in Coinbase Wallet Using GCash, Maya, Grab, ShopeePay appeared first on BitPinas.
Web3 onboarding infrastructure provider Transak launched a local payment method in the country.
The post Transak Merges with Fintech Firms, Banks to Offer Crypto appeared first on BitPinas.
Uniswap, a popular decentralized exchange, has formed partnerships with major companies such as Robinhood, MoonPay, and Transak to promote the mainstream adoption of cryptocurrencies. These collaborations aim to simplify the process of converting crypto into cash and vice versa, making it easier for everyday users to engage with digital assets. By teaming up with Robinhood, [...]
The post Uniswap Teams Up with Robinhood, MoonPay, and Transak to Convert Crypto to Cash appeared first on Crypto Breaking News.
Uniswap has partnered with firms like Robinhood, MoonPay as well as Transak to integrate crypto to fiat. Since February 27th, users from 180+ countries will be able to sell certain cryptocurrencies and withdraw their funds to bank accounts. This functionality is now live on the Uniswap wallet for Android and iOS and will be rolled […]
Visa partners with Transak for seamless cryptocurrency withdrawals and payments through Visa Direct, offering users in over 145 countries.
Lamborghinis dive into NFTs comes amid lower monthly sales volumes for digital collectibles.
The Alabama Money Transmitter License marks a milestone in Transaks US growth as it works toward all-state coverage.
Transak disclosed a data breach affecting over 92,000 users after a phishing attack compromised an employees laptop.
The Ronin Network partnered with Transak to simplify NFT and crypto purchases, improving blockchain gaming accessibility.
Visa partners with Transak, leveraging Visa Direct for seamless cryptocurrency withdrawals and payments globally. This collaboration enables users to convert over 40 cryptocurrencies directly from wallets like MetaMask into fiat, enhancing crypto-to-fiat transactions and accelerating mainstream crypto adoption. (Read More)
Transak, a payments infrastructure provider forcrypto and NFTs, has partnered with Visa. This collaborationaims to empower users globally, enabling them to convert theircryptocurrency holdings into local fiat currencies.
Transak's presence across 350+ Web3 walletsand platforms ensures widespread accessibility for users worldwide. FromMetaMask to Coinbase Wallet, Transak's integration aims to simplify theconversion process, bringing crypto-to-fiat capabilities to crypto users.
Targeting Swift Crypto-to-Fiat Conversions
Sami Start, the Co-Founder and CEO of Transak,mentioned in a statement shared with Finance Magnates on Telegram: "We believe this partnership is an inflection point for Web3 asa whole. Now, millions across the globe have a straightforward way to cash outtheir digital asset holdings to their local currency intuitively and in real-time. They no longer have to walk the treacherous path of complianceuncertainty or face risks of fraud."
Visa Direct's hallmark feature is its ability to swiftly process transactions. This stands in starkcontrast to traditional banking methods, which can entail lengthy delays,especially across borders. By integrating Visa Direct with Transak's infrastructure, users can access a mechanism forconverting crypto assets into fiat, enhancing liquidity and accessibility.
Yanilsa Gonzalez-Ore, the Head of Visa Direct andGlobal Ecosystem Readiness in North America, added: "By enabling real-timecard withdrawals through Visa Direct, Transak is delivering a faster, simpler, and more connected experience for its users, making it easier to convert cryptobalances into fiat, which can be spent at the more than 130M merchant locationswhere Visa is accepted."
Acquisitions and Web3 Ventures
Recently, Visa partnered with Plug and Play toenhance fintech innovation in Canada. With the fintech sector projected to growat an annual rate of 25% until 2029, Visa's involvement aims to amplify thisgrowth trajectory. Through initiatives like the Fintech Fast Track Program,Visa targets startups with the tools and resources to revolutionize paymentsolutions.
Visa's acquisition of Pismo, a cloud-based fintechstartup, underscores its commitment to expanding beyond traditional cardpayments. This deal, worth $1.2 billion deal, lets Visa offer core banking and cardprocessing solutions, leveraging Pismo's cloud-native APIs.
Additionally, Visa's foray into Web3 technologiessignals a proactive approach toward digital innovation. The launch of VisaWeb3 Loyalty Engagement, in collaboration with SmartMedia Technologies, bridgesthe gap between Web2 and Web3 realms.
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This article was written by Jared Kirui at www.financemagnates.com.World Crypto Global opens the door to digital freedom for everyone.
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