Transak Eases Crypto Onboarding for Thailand Users; Adds Local Thai Payment Methods to On-Ramp
— Local, Southeast, Eases, Methods, Onboarding, Fiat, Thailand, Transak, Users, Crypto — 1 min read
Transak is a single integration for applications to accept fiat-to-crypto deposits from a global user base. 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. Transak has plans to ease Web3 onboarding for more regions in 2022 and is actively working on adding more local payment methods for its supported countries to make this a reality. The 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. The company is backed by top VCs, including Consensys and graduated from the Tachyon accelerator program. Source