Zero Hash Teams Up with Plaid to Support Crypto Trades via ACH Bank Transfers

Published 6 months ago

Crypto infrastructure leader, Zero Hash, has announced a partnership with Plaid, a digital financial ecosystem enabler. This collaboration aims to facilitate crypto trading for Zero Hash customers through ACH bank deposits and withdrawals.

Streamlining Crypto Transactions

The partnership between Zero Hash and Plaid allows their mutual customers to link their bank accounts and customize ACH-funded crypto trades. Plaid’s technology is widely trusted and is integrated with more than 12,000 banks and 8,000 platforms.

Powered by Plaid Transfer, Zero Hash can now offer secure bank transfer payments, enabling users to perform fiat to crypto and crypto to fiat trades, and pre-fund a wallet with fiat bank deposits for future trading, without needing to leave the platform or app or use a debit card.

Broadening Access to Crypto Services

Zero Hash’s full API stack can be leveraged by Plaid customers and other crypto-focused companies to launch crypto products swiftly. With access to over 50 digital assets across 22 blockchains, Zero Hash allows customers to create a sophisticated crypto offering tailored to their unique requirements and integrate them seamlessly into their customer experience.

The secure data exchange between Zero Hash and Plaid ensures adherence to the industry’s best compliance, fraud, and security practices.

Bridging Crypto and Fiat Payment Rails

Edward Woodford, CEO of Zero Hash, noted that the partnership brings speed, simplicity, and security to consumers who want a seamless onboarding experience and quick access to funds when dealing with crypto. He added that providing ACH bank transfers reduces payment complexities and compliance concerns.

Tamara Romanek, Head of Partnerships at Plaid, also expressed that by integrating with Plaid, Zero Hash is making it easy, safe and quick for individuals to move money into and out of their digital asset accounts.

About Zero Hash

Zero Hash is a B2B2C crypto-as-a-service infrastructure platform that enables platforms to quickly and easily incorporate digital assets into their own customer experience. It provides a solution that manages the backend complexity and regulatory licensing needed to offer crypto products.

Zero Hash Holdings, backed by investors such as Point72 Ventures, Bain Capital Ventures, and NYCA, offers its services to a variety of businesses and non-financial brands. The company is licensed to engage in virtual currency business activity by the New York State Department of Financial Services, and is registered as a Money Service Business with FINTRAC in Canada, and with AUSTRAC as a Digital Currency Exchange Provider in Australia.

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