Transak Bags 20 Mn To Scale Web3 Payments Onboarding Infra Solutions - Inc42 Media

Imagine you're a small business owner looking to accept cryptocurrency payments for your products or services. You've done some research and found some third-party payment processors, but you're wary of entrusting your financial transactions to them.

Then you come across Transak - a decentralized payment gateway for Web3 applications built on top of a secure infrastructure. You do some more digging and find that Transak has just secured $20 million in Series A funding to scale their operations and enhance their onboarding infrastructure

The news excites you - here's a solution that is both secure and easy to use. With Transak, you can accept cryptocurrency payments without the need for a middleman to handle your transactions. This means lower fees and faster settlement times. You sign up immediately and start accepting payments in Bitcoin, Ethereum, and other major cryptocurrencies. Your customers are happy, and so are you!

Transak's success is backed by some impressive numbers:

• Transak currently supports over 100 cryptocurrencies and has a network of more than 200,000 users
• Transak processes over $500,000 worth of cryptocurrency transactions every day
• Transak has partnerships with some of the biggest names in the cryptocurrency industry, including Polygon, Solana, and Chainlink

These numbers demonstrate Transak's viability as a payment gateway for Web3 applications. With this new funding, Transak will be able to expand its reach even further and onboard more users onto its platform.

Tips for Using Transak

If you're interested in using Transak for your business, here are some tips to get you started:

• Make sure you have a good understanding of cryptocurrencies and their underlying technologies before using Transak. This will help you fully appreciate the benefits of using a decentralized payment gateway like Transak.
• Take advantage of Transak's easy onboarding process and start accepting payments in multiple cryptocurrencies. This will help you reach more customers and diversify your revenue streams.
• Use Transak's API to integrate the payment gateway into your existing applications or websites. This will help streamline your payment processes and make it easier for your customers to pay you.

By following these tips, you'll be well on your way to using Transak to its fullest potential.