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Topper expands into Brazil, offering seamless crypto transactions to Latin American users via Chainwire
San Francisco, United States, June 12, 2024, Chainwire
Topper integrates Pix operated by the Brazilian central bank for instant payments on over 200 digital assets.
Today Topper, a fiat-to-crypto on-ramp of global web3 financial platform Uphold, announced its plans to expand into Latin America to begin offering simplified crypto payment solutions, starting in Brazil. This milestone advances their mission to drive mass adoption of cryptocurrencies and create seamless global crypto transactions between Topper partners and their users.
With a diverse range of more than 200 digital assets and coverage in more than 150 countries, Topper has integrated Pix as a payment method, a quick payment service operated by the Central Bank of Brazil. By offering Pix as a payment option when purchasing cryptocurrencies through Topper, Topper partners have a more reliable and efficient means of serving their customers in Brazil.
“Expanding into Latin America, starting with Brazil and Pix, is a big step toward our goal of driving cryptocurrency adoption around the world,” said Robin O’Connell, CEO of Uphold Enterprise. “We are thrilled to introduce Topper to the 26 million cryptocurrency-savvy users in Brazil, offering them an easier and more reliable way to enter the world of web3.”
Extended benefits for Topper partners and users in Brazil:
- Instant Payments: With Pix, users make instant payments from their bank to purchase cryptocurrencies in real time. Therefore, Pix has become the preferred payment option in Brazil.
- Cost Efficiency: Topper will provide the most competitive processing fee for Pix transactions on the market, ensuring a convenient way to purchase cryptocurrencies in Brazil.
- Enhanced Security: Pix transactions boast top-notch security measures, providing peace of mind for your cryptocurrency purchases.
Pix is an instant payment platform created and operated by Brazil’s monetary authority, the Central Bank of Brazil (BCB), which allows for the rapid execution of payments and transfers.
Topper plans to expand into more Latin American markets for the remainder of 2024. To learn more, visit www.topperpay.com/.
About Topper
Topper, the simple fiat login with higher approval rates, is a fast-implementing web3 payment tool that allows crypto projects to process more of their customers’ payments, supporting twice as many digital assets as its competitors. The Topper payment widget is designed to simplify the payment process, accept more currencies, and offer higher approval rates, resulting in fewer rejections and more revenue. Developed by Uphold, the web3 financial platform, Topper is a reliable, regulated and reliable payment system.
About Uphold
Named the best cryptocurrency exchange in the UK by Forbes Advisor, Uphold is committed to making web3 simple. As a web3 financial platform, Uphold serves over 10 million customers in more than 140 countries. It provides businesses and consumers with easy access to digital resources and services. Uphold’s unique “Anything to Anything” interface offers end users seamless access to and across digital assets, national currencies and precious metals. Uniquely, Uphold intelligently routes orders across 30 trading venues offering clients optimal execution and superior liquidity. Uphold never lends client assets and is always 100% confidential. The company has pioneered radical transparency and uniquely publishes its assets and liabilities every 30 seconds on a public website (https://uphold.com/en-us/transparency).
Uphold is regulated in the United States by FinCen and state authorities. The company is registered in the UK and Canada with the FCA and FINTRAC respectively and in Europe with the Financial Crime Investigation Service of the Ministry of the Interior of the Republic of Lithuania. To learn more about Uphold products and services, visit uphold.com.
ContactPublic relations managerLauren BukoskeySerotoninlauren@serotonin.co