Speeding Up Crypto Transactions: A New Partnership in Finance
In the world of digital money, two major players have joined forces to make transactions faster and safer.
A Powerful Partnership
Transak, a leading platform for buying and selling crypto, has partnered with Cross River Bank, known for its quick and reliable payment systems. Together, they aim to bridge the gap between traditional banking and cryptocurrency.
Faster, Smoother Transactions
With this collaboration, Transak gains access to Cross River's payment networks, including:
- ACH transfers
- Wire transfers
- Instant payment systems (RTP and FedNow)
This means quicker transactions and fewer issues for the millions of crypto users worldwide.
Industry Leaders Share Their Vision
Sami Start, CEO of Transak, calls this a major milestone, stating that it will make crypto as easy and secure as online banking.
Cross River is equally enthusiastic, believing this partnership will promote safer and smarter crypto adoption.
Enhanced Services for Users
Transak is already integrated with popular apps like MetaMask and Trust Wallet. With Cross River's support, they can now offer:
- Stronger KYC (Know Your Customer) checks
- Better compliance measures
Cross River brings banking expertise, while Transak provides crypto innovation—creating a safer, more accessible crypto experience.
Global Expansion
Licensed in the U.S., Canada, and the UK, Transak is expanding into new markets like the UAE and Hong Kong. With Cross River's backing, they are becoming a global leader in crypto payments.
