Switchere, a prominent EU-based online cryptocurrency exchange service provider, has announced the expansion of its payment options through the integration of Volt, a cutting-edge open-banking payment solution. This strategic addition is set to redefine the transaction experience for users by offering a more seamless, secure, and efficient payment gateway directly linked to their banking services.
Volt open banking technology revolutionizes traditional transaction methods by facilitating direct bank transfers, eliminating the need for entering sensitive card details, and thus significantly enhancing payment security and efficiency. This innovation aligns perfectly with the needs of the dynamic and fast-paced cryptocurrency market, offering users a user-friendly platform that supports their exchange activities with unparalleled ease and security.
Transformative benefits of Switchere's Volt integration
With Volt’s solution, Switchere is now offering a suite of benefits specifically designed to enhance the experience of buying crypto with open banking. These advantages address the critical needs for speed, security, and efficiency in cryptocurrency transactions:
- Faster Transactions: Users enjoy quicker processing times, ensuring their crypto transactions are completed almost instantly.
- Enhanced Security: With Volt's direct bank integration, user's financial data is kept secure, minimizing the risk of unauthorized access and fraud.
- Reduced Fees: Lower transaction costs, compared to traditional payment methods, allow users to buy crypto with open banking and save on fees.
- Direct Bank Transfers: Direct transfers from bank accounts remove the need for intermediaries, significantly simplifying the payment process.
- Almost 100% Acceptance Rate: With Volt open banking, users enjoy a nearly guaranteed acceptance rate, ensuring their transactions are always successful.
Volt Open Banking challenges card payment dominance
Volt open banking is increasingly becoming a preferred payment method, gradually gaining market share from traditional card payments due to its compelling set of advantages. The increased security, lower transaction costs, and greater operational efficiency appeal to a broad spectrum of users, from individual consumers to large-scale merchants. These attributes are especially valued in sectors that prioritize swift and secure transaction capabilities, such as online marketplaces and cryptocurrency services.
The shift towards Volt open banking is driven by its ability to offer direct, bank-to-bank transactions, which significantly reduce the points of potential failure and the risk of unauthorized transactions. This direct transfer mechanism not only ensures a higher level of security but also facilitates instant payment processing, thereby enhancing the overall user experience. As technology advances and awareness grows, the trend towards open banking is expected to accelerate, making it a preferred choice for a growing number of users seeking secure and efficient payment solutions.
About Switchere
Switchere is an EU-licensed product company with solutions for end users and businesses. Its core mission is to make cryptocurrency universally accessible, contributing to global financial inclusion. Switchere simplifies crypto-to-crypto payments, ensuring they are as easy and seamless as possible and develops business solutions for a wide range of industries. Since its inception in 2019, Switchere has become a trusted partner to about 700,000 satisfied customers and several hundreds partners across more than 160 countries.