Transak, a payment infrastructure provider for cryptocurrency assets and non-fungible tokens (NFTs), has partnered with Visa to enable users in 145 countries to convert their cryptocurrency holdings into local fiat currencies seamlessly. The partnership allows instant withdrawals of crypto funds to debit cards through the Visa Direct platform, allowing transactions to be completed in nearly 30 minutes or less. The collaboration enhances crypto liquidity and provides a faster, more connected experience for users looking to convert their crypto balances into fiat for spending at over 130 million merchant locations where Visa is accepted.
Transak Partners With Visa for Rapid Crypto to Fiat Conversion in 145 Nations