The partnership aims to make crypto more accessible to VeChain users.
The VeChain Foundation has integrated Transak, a fiat on-ramp service provider, into VeWorld, the self-custody cryptocurrency wallet of the VeChainThor blockchain. The move enhances the wallet’s capabilities by adding Apple Pay as a payment option.
VeWorld, developed by the VeChain Foundation, offers a platform for users to manage Vechain (VET) and other tokens on the VechainThor blockchain. VeWorld has achieved over one million downloads to date.
The collaboration with Transak follows an earlier integration with Coinbase Pay. The addition of Apple Pay caters to a significant segment of the wallet’s user base and broadens the scope of accessible payment methods for purchasing crypto assets. Apple Pay boasts more than 640 million users worldwide.
“We’re thrilled to integrate Transak’s on-ramp solution into VeWorld. Transak’s support for Apple Pay aligns perfectly with our goal of providing the most user-friendly experience possible,” said Fabio Fabbrucci, Product Manager of VeWorld.
Transak operates as a global Web3 payments infrastructure provider, servicing over 5 million users across 160 countries. Transak’s platform supports features such as KYC, compliance, and various payment methods, ensuring a secure and seamless on-ramp experience for users.
Apple Pay via Transak in VeWorld is available across multiple platforms, including the iOS app, Android, and desktop browser extensions.
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