Digital wealth platform Yield App has partnered with Volt, a leading worldwide real-time payments gateway, to provide new GBP and EUR on-ramps via FPS and SEPA Instant. The two-step procedure, made possible by the use of Volt’s pan-European open banking solution, will allow Yield App clients to purchase Bitcoin in real-time directly with their bank. Customers may now use biometric authentication methods, such as a customer’s face, to authenticate purchases made inside their banking app.
Through this collaboration, Yield App will be able to provide its users with a more streamlined experience when accessing its complete array of goods, including crypto-structured products and its core earn services, which provide a bridge between conventional and decentralized financial systems.
Remarks on the development
It’s time for the industry to adopt open banking solutions according to Gero Piskov, Card and Payments Manager at Yield App, so that retail crypto investors aren’t left in the lurch.
“Our clients may realize their digital assets’ full potential with the advent of new payment methods on Yield App.’
One investment option that has emerged as the fastest, easiest, and most secure is the open banking-powered on-ramp. Cryptocurrencies are gaining in popularity as an investment option, and this alliance makes it easier and more secure for customers to buy them.
Open banking is superior to both plastic cards and manual bank transfers when it comes to buying cryptocurrency. The cooperation with Yield App will highlight this in an environment that provides customers with unprecedented returns on their crypto assets according to Kat Marangos, VP of Strategic Accounts at Volt.
“We are excited to provide this opportunity to a new group of individual investors.”
Customers may maximize the value of their digital assets, improve their investing methods, and increase their digital wealth over time by partnering with Yield App. The company’s cutting-edge technology links centralized and decentralized finance, providing investors with a simpler and more convenient means of managing their wealth.
Yield App Labs, the company’s own R&D division, also invests in and works with Web3 initiatives that share the company’s goal of creating a safer decentralized system. This group of best-in-class DeFi specialists is committed to creating a secure vault for digital assets.
Yield App and Volt’s move meets a rising need for digital wealth management solutions that allow users to make safe, frictionless transactions without ever leaving their banking applications. To keep up with the demands of retail investors for quicker, safer, and more convenient payment methods in an increasingly digital environment, banks will need to adopt open banking technologies.
Last but not least, the collaboration between Yield App and Volt demonstrates the growing need for digital wealth management tools that unite conventional and decentralized financial systems. Yield App users now have more ways to pay and may maximize their digital assets thanks to Volt’s pan-European open banking solution. Cryptocurrencies are gaining in popularity as an investment option, and this alliance makes it easier and more secure for customers to buy them.
