Country & payment method coverage
We provide credit and debit card coverage for 100+ countries where crypto transactions are allowed on those payment rails.
In many major web3 markets, such as India, Latin America, or Southeast Asia, around 30-70% of fiat-to-crypto onramping using card rails (Visa and Mastercard) fail. Onramping failure frustrates users and results in lost users and revenues. In these markets, we enable the most common local payment methods as non-card payment methods account for over 70% of local transactions.
- 1.These are the most common real-time payment methods in the country, resulting in far higher user monetization and accessibility.
- 2.They have lower processing fees than Visa and Mastercard.
- 3.Card transactions involving crypto on Visa and Mastercard networks result in high transaction failure rates. This is because many card-issuing banks do not allow their users to purchase crypto with their cards (MCC code). In general, local payments do not have this limitation and have significantly higher transaction success rates.
- 4.They often require 2-factor authentication (2FA) and do not incur any chargeback costs, which make them a safe and cost-efficient option for merchants.