News

MetaMask Now Integrates With Fiat-to-crypto Payment Firm For Cheaper Crypto Transfers

Key Points:

  • Users of MetaMask in India will now be able to buy cryptocurrency directly within the MetaMask mobile app utilizing onramp.money’s API, and make transactions using their bank to get instant crypto access.
  • This integration will significantly enhance the crypto market in India.
According to ConsenSys, MetaMask, the world’s leading Web3 wallet, will integrate with Onramp.money, powered by India’s largest exchange – Bitbns, in a move that will allow Indian users to easily make transactions using their bank to get instant crypto access.

Users of MetaMask in India will now be able to buy cryptocurrency directly within the MetaMask mobile app utilizing onramp.money’s API, which supports several local payment methods such as UPI and IMPS.

For a more seamless experience, making it cheaper, faster, and more efficient.

Onramp.money is a platform that allows crypto users in India to conduct smooth, fast transactions. This integration signifies a huge step forward in India’s use of blockchain technology. With the Indian government’s recent emphasis on digital payments, combining UPI with blockchain technology has the potential to greatly broaden the reach and influence of this new and innovative technology.

We are thrilled to partner with MetaMask to provide access to users from India and access to digital assets in a decentralized way. We believe this partnership will make it easier for Indian users to access and use decentralized applications, and we look forward to working with MetaMask to drive the adoption of blockchain technology in India.

said Gaurav Dahake, CEO, Onramp.money

Onramp offers APIs to developers to onboard users to buy cryptocurrency directly inside your website, Onramp handles all the KYC, regulatory, compliance, fiat payment methods and wallet management.

According to the blog spot, a lack of consensus and the absence of an instant and real-time payment infrastructure are currently hindering the smooth operation of crypto transactions in the country. Addressing these issues will significantly enhance the crypto market in India.

With MetaMask’s integration with Onramp.money, this hurdle has now been removed, and Indian users will be able to take advantage of the benefits of blockchain technology easily.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

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Thana

Coincu News

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

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