This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Mercuryo’s further coverage of Visa Direct will enhance its off-ramp services across the globe, providing the platform’s eligible user base with the ability to convert their digital token holdings into fiat on a Visa credit or debit card in near real time and at low cost. Visa Direct helps facilitate money movement in multiple ways for brokerage, crypto and digital bank accounts.
Mercuryo’s partnership with Visa enables the Visa Direct service to utilize the payment infrastructure platform’s network of leading non-custodial wallets, exchanges and payment networks. The integration will allow millions of users to obtain access to an intuitive crypto-to-fiat conversion tool without leaving the platforms that they trust.
In utilising Visa Direct’s global network, Mercuryo is taking another step forward towards mass Web3 adoption, supporting efficient cross-border payments, thereby minimising delays and enabling users to swiftly obtain access to their funds in their local fiat currencies.
“This partnership with Visa will further enhance Mercuryo’s ability to deliver a fast, low-cost user experience, making it easier to convert digital token balances into fiat, which can be spent at 150 million global Visa-accepting merchant locations. Traditionally, moving money across borders or cashing out from digital assets has involved complex, time-consuming processes.
FinovateEurope | FFNews
Through this collaboration such delays are minimised, enabling users to enjoy a much more seamless off-ramping experience,” said Petr Kozyakov, Co-Founder and CEO at Mercuryo.
Anastasia Serikova, Head of Visa Direct, Europe, said, “By leveraging Visa Direct’s capabilities, Mercuryo is not only making converting to fiat faster, simpler, and more accessible than ever — it’s building bridges between the crypto space and the traditional financial system. This integration empowers users to seamlessly convert digital assets into fiat in near real time, creating a more connected and convenient payment experience.”
Mercuryo is a first-mover and innovator in the fast-evolving Web3 space, providing a variety of payment solutions along with seamless on-chain integration. Mercuryo’s intuitive solutions are simplifying the experience for newcomers to the digital token space. Mercuryo specialises in efficient capital flow in the DeFi ecosystem and combines various payment solutions into a single interface.
Read more on Finextra Research
