Business payments with digital currency are inexpensive and virtually instant. Thousands of global companies are already enjoying the perks, but converting crypto to fiat (and vice versa) is a major barrier to mass adoption.
The technology suffers from a "last mile problem" of slow and expensive bank transfers. Total exchange fees of 2% or more, combined with multiple days for bank transfers to settle, cancel out many of the benefits compared to traditional payments.
Transak solves the digital currency liquidity problem with a global network of banking relationships and the technology to rapidly convert traditional fiat currencies into digital currencies.
With Transak, businesses in the United States, Canada, South America, and more can purchase digital currency instantly with credit or debit cards. Businesses in Europe and India can purchase digital currency instantly with bank transfers. Transak's low-cost fee structure, with fees as low as 0.25%, is unmatched by other digital currency exchanges.
With our Transak partnership, Gilded customers can purchase digital currencies like Bitcoin and Ether in the Gilded app with just a few clicks. Additionally, Gilded enables instant purchases of leading stablecoins like USDC, DAI, and PAX.
That's where the magic begins. Gilded offers businesses an unparalleled user experience to accept payment from customers and pay vendors with digital currency.
With Gilded, businesses can send and receive payments around the world with settlement in minutes. Plus, Gilded's QuickBooks integration automates the accounting process for incoming and outgoing payments.
"Liquidity is the biggest obstacle to cryptocurrency adoption," said Gil Hildebrand, CEO of Gilded. "With our Transak integration, we're paving the way for millions of businesses in over 30 countries to join the digital currency economy. Now, it's even easier to accept payment from customers and pay vendors around the world."
In the coming weeks, Gilded will launch new functionality enabling businesses to accept fiat currency payments on an invoice, while the invoice creator receives digital currency once the invoice is paid and currency exchange is complete.
"Gilded is an incredible platform for businesses to manage their crypto finances. On behalf of Transak, we are very excited to partner together and solve the missing piece of the puzzle—moving money between fiat and crypto." Said Sami Start, CEO & Co-founder of Transak. "Because Transak deals with local payment methods we are able to offer low commissions and zero spreads. That means that it's cheaper to buy crypto with Transak than on the major exchanges. We look forward to hearing how the users of Gilded enjoy this feature."
Countries Supported
Australia 🇦🇺 Austria 🇦🇹 Belgium 🇧🇪 Canada 🇨🇦 Cyprus 🇨🇾 Czechia 🇨🇿 Czech Republic 🇨🇿 Denmark 🇩🇰 Estonia 🇪🇪 Finland 🇫🇮 **France 🇫🇷 Germany 🇩🇪 Greece 🇬🇷 Hong Kong 🇭🇰 Ireland 🇮🇪 Italy 🇮🇹 Latvia 🇱🇻 Luxembourg 🇱🇺 Malta 🇲🇹 Mexico 🇲🇽 Netherlands 🇳🇱 New Zealand 🇳🇿 Norway 🇳🇴 Poland 🇵🇱 Portugal 🇵🇹 Romania 🇷🇴 Slovakia 🇸🇰 Slovenia 🇸🇮 Spain 🇪🇸 Sweden 🇸🇪 Switzerland 🇨🇭 United Kingdom 🇬🇧 United States of America 🇺🇸**France 🇫🇷 (FR) - is temporarily unavailable
About Gilded
Gilded empowers businesses to transact globally, using blockchain to unlock more efficient business operations. Our seamless invoicing, payment, and accounting software helps businesses get paid faster and more transparently, with dramatically lower fees.
Founded in 2018, Gilded is backed by Techstars, Request Network, and was selected to participate in an accounting-focused startup accelerator presented by the Association of International Certified Public Accountants (AICPA) and CPA.com.
Get $5K/mo. in payments with Gilded for free at https://gilded.finance.
About Transak
Transak is a developer integration for a fiat-to-crypto payment gateway. It does this by aggregating local compliance, payment methods, and liquidity from around the world. Transak is backed by Consensys and graduated from the Tachyon accelerator program.
