Case Study: a leading payment service provider achieves faster merchant crypto payments with TransFi

How a Leading PSP White-Labelled TransFi to Offer Crypto On-Ramps to Merchants

A leading payment service provider faced a challenge as its merchants increasingly demanded the ability to accept stablecoin payments for faster settlement and lower cross-border fees. The PSP lacked the necessary blockchain infrastructure and was concerned about the significant compliance burden of building it themselves, which put them at risk of losing clients. To address this, they partnered with TransFi to utilize its white-label crypto on-ramp service.

By white-labelling TransFi's solution, the PSP could offer its merchants a seamless way to accept USDC and USDT without developing the technology in-house. The results were significant, with over 1,200 merchants enabled and $18 million in new payment volume generated in the first quarter. TransFi's implementation also provided 35% faster settlement times for cross-border transactions and helped the PSP improve merchant retention.