TransFi and Volt Form Partnership to Enhance Web3 Accessibility

Published 6 months ago
  TransFi & Volt

TransFi, a leading connector to Web3 and Volt, a pioneer in building an open banking gateway, have announced a partnership. This collaboration aims to broaden the traditional financial services sector. By combining TransFi’s extensive range of global local payment methods with Volt’s industry-leading connectivity, users and businesses are set to benefit from smoother onboarding to the decentralized Web3 world.

Expanding Payment Options

The integration will begin with payment methods supported by the European Payments Council, specifically SEPA Credit Transfers and QR Code-based Euro transfers in the Eurozone. Users will be able to make payments by simply scanning the details with a smartphone camera, making the process quick, simple, and free from manual errors or typos. This partnership will allow TransFi to provide modern payment services to its rapidly expanding customer base in Europe. Future plans include integrating native payments from other regions, such as Latin America.

Leaders’ Perspectives on the Partnership

Garry Huang, Chief Operating Officer of TransFi, expressed his excitement about the partnership with Volt. He pointed out that open banking and QR-based SEPA payments have significantly simplified traditional payment methods, opening up new possibilities for a seamless real-time payment experience. The partnership is expected to extend TransFi’s reach into the Eurozone market, and Huang looks forward to a fruitful long-term collaboration.

Matt Komorowski, Chief Revenue Officer of Volt, believes the partnership will enable the TransFi community to buy a range of cryptocurrencies quickly and securely. He stated that Volt’s real-time payments technology aligns perfectly with TransFi’s commitment to promoting forward-looking payment methods. Komorowski sees the partnership as an opportunity to make the exchange of value instant, safer, and faster than card or manual bank transfers. He is eager to help TransFi investors reap these benefits.

About TransFi and Volt

TransFi is a fiat-to-crypto solutions provider that focuses on emerging markets. It offers a wide range of native payment methods in addition to cards and bank transfers. TransFi is currently operating in over 100 countries, offering local currencies, local ID, and local languages to ensure easy user experience at the lowest processing fees.

Volt, established in 2019, is constructing the infrastructure for global instant payments. Its open payments gateway enables secure transactions between accounts held at more than 5,000 banks in the UK, the EU, and Brazil. Volt’s unique aggregation model enhances the speed, security, and resilience of transactions.

Related news