Users from Australia, New Zealand and more Asian countries can now buy ETH and DeFi tokens with local payment methods through PlasmaFinance integration with XanPool
PlasmaFinance users can purchase (and sell) crypto using card and bank accounts via our PlasmaPay global digital payment platform. This ensures a seamless entry for people into DeFi so no one has to buy crypto from an external site as an additional hurdle!
New local payment methods in Asia, Australia, and New Zealand
Many of our new users in recent months have come from emerging economies like Indonesia, Thailand, and India, and we realise that not everyone in these places uses card or bank accounts for daily transactions, but prefer to use local mobile payment methods.
It is with such great delight that we at PlasmaFinance have partnered with Singapore-based crypto payments solutions provider XanPool to support our growing community in Asia, Australia, and New Zealand to pay for crypto-asset purchases via local payment methods.
As an example, users from India can now buy Ethereum and pay via UPI.
XanPool CEO Jeffery Liu said: “Allowing people to directly buy crypto with a local payment method is probably the single most important step for mainstream adoption of DeFi, and PlasmaFinance has done a lot of work in that regard. With our new partnership, we hope their growing base of Asian users will also appreciate how easy it can be to access DeFi by using the local payment gateways they’re most comfortable and familiar with.”
PlasmaFinance CEO Ilia Maksimenka said: “A great many people in Asia especially have been using mobile payments online for years, and we’re pleased to be able to let them continue using them on PlasmaFinance with our XanPool partnership. Buying crypto for DeFi should be easy, safe and convenient, and we hope our new users see just that!”
We are committed to look for better and easier solutions for fiat on-ramp and off-ramps, as DeFi markets look to welcome a broader range of users from the wide and varied traditional finance space.
About XanPool
XanPool facilitates users to exchange their cryptocurrencies into fiat and vice versa without taking custody of customer’s funds. It currently supports its services in 10 countries including Hong Kong, Indonesia, Singapore, Thailand, India, Malaysia, Philippines, and Vietnam, Australia, and New Zealand. XanPool has 75,000 transacting users and plans to expand into Pakistan, Bangladesh, Russia, Japan, and Korea.
About PlasmaFinance
PlasmaFinance is the all-in-one DeFi platform that aggregates the most popular DeFi protocols from different blockchains. With PlasmaFinance, you get all the tools and access you need to achieve the most profitable DeFi yields on any protocol.
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