- The collaboration intends to increase VeChain users’ access to cryptocurrency.
Transak, a supplier of fiat on-ramp services, has been incorporated by the VeChain Foundation into VeWorld, the self-custody cryptocurrency wallet of the VeChainThor blockchain. This improves the wallet’s functionality by allowing users to make payments with Apple Pay.
VeWorld, a platform developed by the VeChain Foundation, allows users to manage Vechain (VET) and other tokens on the VechainThor network. VeWorld been downloaded more than a million times thus far.
The partnership with Transak comes after Coinbase Pay was integrated earlier. Apple Pay expands the range of available payment options for buying cryptocurrency assets and serves a sizable portion of the wallet’s user base. There are more than 640 million Apple Pay customers globally.
Integrating Transak’s on-ramp solution into VeWorld excites us much. Fabio Fabbrucci, Product Manager at VeWorld, stated, “Transak’s support for Apple Pay perfectly aligns with our goal of providing the most user-friendly experience possible.”
Transak serves more than 5 million users in 160 countries as a global provider of Web3 payments infrastructure. Transak’s platform offers features like KYC, compliance, and many payment options, guaranteeing users a safe and easy on-ramp process.
Apple Pay via Transak in VeWorld is available on multiple platforms, including desktop browser extensions, Android, and iOS apps.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments
