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Cryptocurrency News Articles

Transak Partners with Ronin to Bring Direct Fiat Payment Options to the Web3 Gaming Platform

Jan 09, 2025 at 09:59 pm

Transak Partners with Ronin to Bring Direct Fiat Payment Options to the Web3 Gaming Platform

Leading fiat-to-crypto onboarding solution provider Transak has announced a partnership with Ronin, an EVM-compatible blockchain designed for Web3 Gaming.

This collaboration will enable direct fiat payment options for purchasing blockchain tokens and NFTs on the Ronin platform, making it easier for users worldwide to access and interact with the network.

Thanks to this integration, users of the Ronin network can now buy key ecosystem tokens such as RON, USDC, WETH, and SLP directly using fiat currencies. The integration supports various payment methods including credit cards, debit cards, Apple Pay, Google Pay, and other localized options, covering users in over 160 countries.

“We’re thrilled to welcome Transak to the Ronin ecosystem, further expanding the options for users to seamlessly onramp into Ronin,” said Jeff Zirlin, Sky Mavis Co-Founder and Chief Growth Officer.

“With Transak, we’re making it easier than ever to acquire RON and engage with the Ronin ecosystem. Sky Mavis is on a mission to bring economic freedom to everyone, and making Ronin easier to access is a big part of that.”

Transak's Impact on NFT Marketplaces

The partnership also introduces the Transak NFT Checkout, a pioneering feature now available on Mavis Market, Ronin’s official NFT marketplace. This tool lets users buy NFTs directly with fiat without purchasing cryptocurrency.

As the first and only integrated checkout solution on Mavis Market, it is designed to make buying NFTs as intuitive as online shopping, addressing one of the significant barriers to entry for new users in the NFT space.

“At Transak, we believe that buying NFTs should be as intuitive as shopping online. That’s why we built the most advanced NFT Checkout in the industry that is specifically useful for the Web3 gaming industry and platforms like Ronin,” said Sami Start, CEO of Transak.

Key Features and Benefits of the Transak and Ronin Partnership

The collaboration between Transak and Ronin marks a significant milestone in the evolution of blockchain technology for gaming. By integrating direct fiat-to-crypto transactions and simplifying NFT purchases, the partnership is set to expand the reach and accessibility of the Ronin ecosystem, paving the way for more inclusive growth in Web3 gaming and digital collectibles.

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