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Thursday, May 2, 2024

Transak Eases Crypto Onboarding for Thailand Users; Adds Local Thai Payment Methods to On-Ramp

MIAMI–()–Transak, a single integration for applications to accept fiat-to-crypto deposits from a global user base, today announces the availability of local payment methods for Thailand users. This service is now available within the Transak widget giving users the chance to buy crypto via debit/credit cards, Bangkok Bank iPay and Mobile Banking and SCB Easy Pay and Mobile Banking.

As crypto and dApps become more and more popular in Southeast Asian (SEA) Region, Transak saw a need to ease crypto onboarding and has added these local payment methods. Thailand is among one of the first countries in SEA to enact cryptocurrency legislations, regulate the offering of digital assets and open its doors to crypto-related businesses. This accessibility will allow Thai users to onboard from fiat to crypto efficiently with reduced fees.

“Transak has reached a point…

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