TLDR Crypto · MARKETS & BUSINESS

TRANSAK JOINS VISA DIRECT FOR SIMPLER CRYPTO-TO-FIAT PAYMENTS

pymnts.com2 min read

Summary from the TLDR Crypto newsletter

Visa Direct and Transak have partnered to enable easy and quick crypto-to-fiat conversions across 145 countries. Transak claims that while many platforms can handle fiat-to-crypto conversions, the reverse is often challenging. With this partnership, Transak aims to deliver expeditious, secure, and compliant crypto-to-fiat conversion, which is particularly crucial for users needing to completely exit the crypto markets.