MIAMI, Florida, United States, 29th Nov 2022, King NewsWire – Transak, a single integration for applications to accept fiat-to-crypto deposits from a global user base, today announces its integration with Coinbase Wallet. Users of Coinbase Wallet can now access Transak as a fiat on-ramp to buy crypto. Transak has over 100 partners within its ecosystem providing API-driven fiat payment methods to on-ramp to 130+ crypto assets and is removing the complexity of user KYC, risk monitoring & compliance, payment methods and customer support.
Transak’s integration eases onboarding for global users, especially for users in Southeast Asia (SEA). Transak recently announced local payment methods for the Philippines and Thailand that will continue to remove barriers to self custodial wallets like Coinbase Wallet. In the Philippines, users can buy crypto via Transak using leading local payment methods like GCash, Maya, GrabPay, or simply through a debit/credit card. In Thailand, the users can pay via bank transfers as well as debit/credit cards.
“Self-hosted wallets are on the rise, especially as more people become aware of the importance of keeping their assets safe, secure and in their control. Coinbase Wallet, with its world-class security and ease of use, now integrated with Transak makes it even easier for the SEA customers to access crypto and Web3 with peace of mind” said Hassan Ahmed, Regional director Southeast Asia at Coinbase.
“With the addition of such local payment methods, users can onboard more efficiently and pay lesser transaction fees overall. We’re glad that we are able to provide this integration to the Coinbase Wallet platform to make it more intuitive for users to participate,” said Sami Start, CEO, Transak. “Transak is aligned with Coinbase Wallet in expanding to new regions globally in order to increase Web3 adoption across the board.”
Transak continues to have other partnerships and product launches coming through 2022 and into early 2023 – to learn more visit www.transak.com
About Transak
Transak is a leading Web3 onboarding infrastructure provider. Its API-driven solutions enable web3 platforms to onboard users to 130+ crypto assets from 125+ countries, abstracting away the complexity of user KYC, risk monitoring & compliance, payment methods and customer support. Transak is backed by top VCs, including Consensys, Animoca Brands and graduated from the Tachyon accelerator program. Connect with Transak on Twitter or LinkedIn, or visit https://transak.com/ for more information.
Media Contact
Organization: Transak
Contact Person: Harshit Gangwar
Email: pr@transak.com
Website: https://transak.com/
City: MIAMI
State: Florida
Country: United States
The post Coinbase Wallet integrates Transak to ease user onboarding to the Philippines and Thailand appeared first on King Newswire.
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