Transak, a leading Web3 payments infrastructure provider, has officially launched wire transfers as a new payment method for US users to purchase cryptocurrencies. The introduction of wire as a payment method to purchase cryptocurrencies is a notable step towards enhanced accessibility and convenience for cryptocurrency enthusiasts across the nation.

As government bodies race towards regulating cryptocurrencies, a commonality is emerging in the implementation of laws — KYC verification.

We have recently made multiple changes to our documentation and wanted to make sure you know! Take note of these changes whether you are integrating Transak or using our staging APIs for testing.

Miami, USA, 27 September 2022: Transak, a leading Web3 onboarding infrastructure provider, launches local payment methods in the Philippines. This solution is open equally to individual users and Web3 platforms interested in expanding to Southeast Asia. While users can buy crypto directly with PHP (Philippine Peso) and pay with GCash, Maya, GrabPay, BPI, Union Bank, ShopeePay, or debit/credit cards, Web3 platforms can integrate Transak’s fiat on-ramp widget in their apps and expand to new regions.