Transak launches EUR on-ramp

Transak
2 min readApr 13, 2020

We are excited to announce that at Transak now supports on-ramp using SEPA and SEPA Instant payment methods in Europe!

The Single Euro Payments Area (SEPA) covers Austria 🇦🇹, Belgium 🇧🇪, Cyprus 🇨🇾, Czechia 🇨🇿, Estonia 🇪🇪, Finland 🇫🇮, France 🇫🇷, Germany 🇩🇪, Greece 🇬🇷, Ireland 🇮🇪, Italy 🇮🇹, Latvia 🇱🇻, Luxembourg 🇱🇺, Malta 🇲🇹, Netherlands 🇳🇱, Portugal 🇵🇹, Slovakia 🇸🇰, Slovenia 🇸🇮, Spain 🇪🇸

This marks a big step for us in expanding our geographical coverage. Transak can now be used for local payment methods for GBP 🇬🇧, EUR 🇪🇺 , and INR 🇮🇳. Partners of Transak who use our widget will now be able to offer Transak’s services to their users in 21 countries.

Fees:
The fee is 1% & min €1 fee + network fee.

Limits:
The limits are €3000 per transfer and €15,000 per day.

Processing Time:
EUR SEPA transfers take 5 min to 2 days. GBP and INR transfers remain instant.

We also have some more exciting announcements coming up soon so keep posted on our Twitter and Telegram.

Try it!

You can use Transak to buy crypto with INR (and other fiat currencies)!
Check it out here: https://global.transak.com.

Integrate it!
Applications can get their own fiat gateway within 5 minutes! Get Started with Transak here:

About Transak
Transak is a single integration for applications to accept fiat-to-crypto deposits and withdrawals from a global user base. It does this by aggregating local compliance, payment methods and liquidity from around the world and putting it in a simple integration. The Transak product is a widget or API that can be integrated into an app in just a few lines of code. Transak is backed by Consensys and graduated from the Tachyon accelerator program.

To learn more about Transak, visit: https://transak.com/

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