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Coinmama and Volt Announce Partnership to Provide Open Bank Payment Services to European and Brazilian Customers

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According to reports, Coinmama, a cryptocurrency trading platform, has partnered with Volt, a real-time payment gateway, to provide open bank payment services t

Coinmama and Volt Announce Partnership to Provide Open Bank Payment Services to European and Brazilian Customers

According to reports, Coinmama, a cryptocurrency trading platform, has partnered with Volt, a real-time payment gateway, to provide open bank payment services to its customers in Europe and Brazil.

Coinma and Volt cooperate to achieve real-time payment in cryptocurrency in Europe

Cryptocurrency exchange Coinmama has made big waves in the industry with its recent partnership with real-time payment gateway Volt. Through this alliance, Coinmama’s European and Brazilian customers will now enjoy the convenience of open bank payment services, a development that’s sure to make Coinmama one of the top picks for traders and investors alike. So what’s the deal with this partnership and what does it mean for the cryptocurrency industry and its enthusiasts?

What is Coinmama?

Coinmama is a cryptocurrency exchange platform that offers its services to over 1.5 million customers across 190 countries. It was founded in 2013 in Israel and has become one of the most popular platforms for buying and selling cryptocurrencies, offering support to several digital currencies such as Bitcoin, Ethereum, and Litecoin.

What is Volt?

Volt is a real-time payment gateway that offers seamless financial transactions between customers and merchants. Their service is based on open banking and enables customers to make payments using their bank accounts instead of traditional payment methods such as credit cards or PayPal.

What Does This Partnership Mean for Coinmama Customers?

One of the major benefits of this partnership is that Coinmama customers in Europe and Brazil will now be able to enjoy the convenience of open bank payment services. This means that they will be able to buy cryptocurrencies by simply selecting their bank from the list of supported banks and initiating the transaction, without the need for a credit card or other payment gateways.
Another key advantage for Coinmama customers is that they can now enjoy faster transaction processing times, as payments will be processed in real-time. This is a major development that will allow Coinmama’s users to buy and sell cryptocurrencies with much greater speed and efficiency.

What Does This Partnership Mean for the Cryptocurrency Industry?

The global cryptocurrency market has been on the rise, with more and more investors and traders showing interest in investing in digital currencies. Coinmama’s partnership with Volt is a testament to the growth of the industry and its potential for further expansion.
The integration of open bank payment services into Coinmama’s platform is a sign that the industry is becoming more integrated with traditional financial systems, making it more convenient and accessible for everyday investors to start trading in cryptocurrency without needing to navigate the high learning curve for traditional cryptocurrency trading sites.
Moreover, the partnership between Coinmama and Volt demonstrates that cryptocurrency exchanges are moving away from the shady origins of early cryptocurrency. Now, we can see the industry being embraced and formalized, with exchanges trying to make it easier for people to buy and sell cryptocurrencies regardless of their level of familiarity with the trading market.

Conclusion

The partnership between Coinmama and Volt is an exciting development for the cryptocurrency industry. It allows Coinmama to offer even greater flexibility and convenience to its customers, while also helping to improve the industry’s overall image by integrating it with traditional financial systems.
As the use of digital currencies continues to increase around the world, partnerships like this one serve to demonstrate the rapid advancement of the industry, as well as its potential to further improve the experience of traders and investors alike.

FAQs

Q: What is Coinmama?
A: Coinmama is a cryptocurrency exchange platform that offers its services to over 1.5 million customers across 190 countries.
Q: What is Volt?
A: Volt is a real-time payment gateway that offers seamless financial transactions between customers and merchants.
Q: What benefits will Coinmama customers enjoy as part of this partnership?
A: Coinmama customers in Europe and Brazil will enjoy the convenience of open bank payment services, faster transaction processing times, and seamless financial transactions through Volt’s open banking service.

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