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Transak partners with Visa Direct to offer seamless crypto-to-fiat conversion in over 145 markets.
Cryptocurrency platform Transak has partnered with Visa Direct to streamline converting crypto holdings into regular currency. This collaboration offers several benefits for users:
• Visa Direct allows for real-time transactions, meaning users can convert their crypto into fiat within minutes. Gone are the days of waiting for traditional banking transfers.
• Transak supports over 40 major cryptocurrencies and operates in over 145 countries, making it accessible to a broad range of users.
• Converted fiat can be directly spent at the millions of merchants accepting Visa cards worldwide.
Transak acts as a bridge between the crypto and traditional financial worlds. Their services include: buying and selling crypto assets, handling KYC (know-your-customer) requirements, managing risk monitoring and compliance. This partnership with Visa Direct simplifies the conversion process for Transak’s users, making crypto more accessible and spendable.
The platform currently supports more than 40 major crypto currencies, including bitcoin (BTC), ether (ETH), solana (SOL) and dogecoin (DOGE), and is available in over 145 countries.
At International Fintech Business (IFB), we help to connect companies to VISA, MasterCard, and China Union Pay payment methods. Contact us today!