Crypto as a Service for Fintech
As cryptocurrency adoption grows, fintechs are under pressure to offer flexible, streamlined crypto payment options without dealing with complex regulations, multiple partnerships, or high fees. Traditional payment systems struggle to accommodate crypto, making it challenging for fintechs to integrate both fiat and digital assets seamlessly.
Crypto as a service providers offer a comprehensive fintech payment solution that unifies crypto, fiat, and compliance under one platform. This approach enables fintechs to build applications and offer branded crypto debit cards and vIBAN accounts, effortlessly linking users to onramp and offramp processes without needing to manage licensing or compliance.
vIBANs: Simplifying Cross-Border Payments
Virtual IBANs (vIBANs) operate like traditional IBANs but offer digital convenience, allowing businesses to handle multi-currency transactions from a single, centralized account. With vIBANs, businesses can send, receive, and convert payments globally, eliminating the need for multiple banks or wallets.
Through integrated fiat and crypto capabilities, vIBANs streamline financial management, offering an efficient solution for cross-border transactions. Businesses can partner with providers to leverage vIBANs through a white-label solution, benefiting from established infrastructure, compliance, and multi-currency support—all without having to build their own systems.
Crypto Debit Cards: Enabling Practical Crypto Spending
Crypto debit cards simplify crypto spending, providing a practical solution for users who want to use crypto in everyday transactions. Linked directly to the user’s crypto wallet, the crypto debit cards allow seamless crypto-to-fiat conversions, enabling instant payments at any point of sale.
These multi-currency crypto cards make cross-border transactions easy and affordable, with reduced fees and no delays. Users can pay in the local currency while traveling and even earn rewards in crypto. The white-label solution for card issuing allows businesses to create branded cards with just a few steps:
- Design and Branding: Customize the card design according to brand guidelines.
- API Integration: Use Striga’s card-issuing API for seamless integration and testing.
- Program Management: Track transactions, payments, and card lifecycles from a centralized dashboard.
- Launch: Launch the card program quickly with Striga handling printing, distribution, and ongoing support.
With the API, fintechs avoid costly infrastructure and compliance setup, reducing time-to-market to as little as six weeks.
Streamlined Crypto-to-Fiat Conversions
A smooth crypto onramp and offramp is essential for user satisfaction. When converting crypto to fiat, users value simplicity, speed, and transparency. The API provides an intuitive gateway with the following features:
- User-Friendly Interface: Simple, clear instructions for converting crypto.
- Fast Transactions: Quick buy/sell options to enhance user experience.
- Competitive Fees: Transparent, cost-effective fees that are easy to understand.
Building a crypto exchange platform in-house can be complex and costly, but the API simplifies the process by reducing the need for multiple intermediaries, which can add fees and increase complexity. Businesses across industries—from e-commerce to finance—can accept crypto payments without creating an exchange from scratch.
Additionally, the platform supports recurring crypto payments, addressing concerns around crypto volatility. With an integrated crypto-fiat gateway, businesses can offer a comprehensive solution that improves user experience, minimizes drop-offs, and boosts conversion rates.
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