One of the biggest hurdles for onboarding new users into DeFi has been the onramping time for KYC (know-your-customer) - Wyre V2 is looking to solve this by abstracted it all from the user by leveraging information already provided by Apple Pay and Google Pay.
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Wyre introduces new crypto ‘on-ramping’ technology
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The fees for these transfers will soon be cheaper as well, and for companies, they can now integrate or embed a “Wyre-branded Apple Pay/Google Pay checkout” into their application. There are more features to come as well, but what’s great here is that more companies are finding ways to introduce cryptocurrencies to the mainstream: something that will ensure these digital assets’ success in the long run.
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