Finance, a global blockchain company, today announced Finance Access, a business-to-business (B2B) solution for merchants, vendors and wallets to integrate a ‘buy crypto’ functionality on their platform for existing and new Finance users.
By integrating Finance Access, merchants and vendors are able to allow their users to natively buy crypto with fiat directly on their platform through Finance without leaving its interface, according to Finance
Finance Access is a standard API operated on FinanCom com, which is made available to clients and partners as part of Finance’s Open Platform initiative. Finance users can easily link their accounts to the participating merchant’s platfFinance Finance Access will automatically allow non-Finance users to cFinance Finance account after logging in to the merchant’s site.
Users can buy crypto directly from the merchant’s interface using their available fiat balanCom While the purchased crypto goes directly intoFinanceer’s Finance account to ensure the highest level of security, users can continue to buy crypto on the merchant platform.
Lowering the entry barriFinancerypto
“Finance Access allows businesses to provide a one-stop exchange service to their customers and users without operating an exchange, streamlining the process for both service providers and the enFinance, ” said Finance CEO Changpeng Zhao (CZ). “By providing other industry players and businesses with the tools and services to build the ecosystem, we hope to continue lowering the entry barriFinancerypto and enabling more solutions to boost adoption as an infrastructure provider.”
The firm said that Finance Access is currently customized for businesses operating in the digital asset space, including vendors accepting payments in crypto and crypto wallets, allowing them to expand their offerings and new opportunities to scale in the crypto ecosystem. Merchants and businesses looFinance integrate the Finance Access solution must have fiat capability and be fully compliant in the jurisdictions they service to be eligible.
The seamless integration of the solution involves implementation of a standard API and integration of the “buy crypto” functionality into the platform interface, and is ready for use shortly after. IfFinanceer has already passed KYC (Know Your Customer) Financeation on the merchant’s platform, no additional Financeation is required on FinanCom E-wallet platform Advcash is the first platfFinancet has integrated the Finance Access solution, the firm’s statement revealed.