Fiat On Ramp Aggregator
The Fiat On-Ramp Aggregator, a key component of Web3Auth's Wallet Services, significantly simplifies the conversion process from fiat to cryptocurrency. With a straightforward one-line integration, this service integrates over 100 payment methods, providing an efficient and user-friendly solution for entering the crypto space.
Features of the Fiat On-Ramp Aggregator
- Diverse Payment Options: Supports a broad spectrum of payment methods, catering to a global user base and ensuring accessibility for all.
- Reduced Fees: Offers up to 70% lower transaction fees compared to traditional methods, making cryptocurrency more accessible and economical.
- Global Currency Support: Ensures a seamless user experience with localized currency support, facilitating easier and more intuitive transactions worldwide.
Integrating Wallet Services
Wallet Services
Pluggable enhancements for your Web3Auth-integrated wallet, designed to elevate both functionality and user experience within your application. Includes customisable Wallet UI, Fiat on Ramp, Interoperability features and much more.
Wallet Services Plugin
Plugin to extend Wallet Services features to Web3Auth PnP Web SDKs.
Overcoming Onramping Challenges
In key web3 markets such as India, Latin America, and Southeast Asia, traditional fiat-to-crypto conversion methods, particularly through card rails like Visa and Mastercard, face high failure rates of 30-70%. Such failures not only frustrate users but also lead to potential revenue losses. The Fiat On-Ramp Aggregator addresses these challenges by incorporating prevalent local payment methods, which represent over 60%-70% of transactions in these regions.
Why Local Payment Methods?
- Higher Monetization and Accessibility: Local payment methods, being the most common in their respective countries, significantly enhance user monetization and accessibility due to their familiarity and real-time processing capabilities.
- Lower Processing Fees: Transactions processed through these methods incur lower fees than those processed via traditional card networks, making them a cost-effective alternative.
- Improved Transaction Success Rates: Unlike transactions on Visa and Mastercard networks, which often fail due to restrictions imposed by card-issuing banks, local payment methods do not face such limitations, resulting in higher success rates.
- Enhanced Security: Most local payment methods require 2-factor authentication (2FA) and are not subject to chargeback costs, offering a secure and cost-efficient solution for both users and merchants.
The Fiat On-Ramp Aggregator by Web3Auth Wallet Services represents a pivotal advancement in bridging the gap between fiat currencies and the cryptocurrency market. By leveraging local payment methods and reducing dependency on traditional card rails, Web3Auth ensures a smoother, more reliable, and cost-effective entry point into the world of cryptocurrency, enhancing the overall user experience and fostering global adoption.
Coverage
For the complete list of fiat, crypto and payment method coverage, please check here
Network Coverage
The Web3Auth Onramp Aggregator is built to be chain-agnostic and supports a wide range of blockchain networks and tokens. Below is the list of main networks that we provide coverage.
| Aptos (APT) | Ethereum (ETH) | Near (NEAR) | Arbitrum (ETH) |
| Fantom (FTM) | Optimism (OP) | Aurora (AURORA) | Gnosis (xDAI, GNO) |
| Polkadot (DOT) | Avalanche (AVAX) | Hedera (HBAR) | Polygon (MATIC) |
| Binance (BSC) | Immutable X (IMX) | Ripple (XRP) | Bitcoin (BTC) |
| Kadena (KDA) | Ronin (AXS) | Cardano (ADA) | Kava (KAVA) |
| Shiba Inu (SHIB) | Celo (CELO) | Klaytn (KLAY) | Solana (SOL) |
| Cosmos (ATOM) | Metis (METIS) | Tezos (XTZ) | Cronos (CRO) |
| Moon River (MOVR) | Tron (TRX) | Dogecoin (DOGE) | Moonbeam (GLMR) |
| Velas (VLX) | EOS (EOS) | MultiversX (EGLD) | Waves (WAVE) |
| WAX (WAXP) | Zilliqa (ZIL) |
Country and payment method coverage
| Currency | Country | Payment Methods |
|---|---|---|
| AED | United Arab Emirates | Credit Card, Debit Card |
| AOA | Angola | Credit Card, Debit Card |
| AUD | Australia | Credit Card, Debit Card, Apple Pay, Google Pay, Bank Transfer |
| BBD | Barbados | Credit Card, Debit Card |
| BGN | Bulgaria | Credit Card, Debit Card, Apple Pay, Google Pay |
| BMD | Bermuda | Credit Card, Debit Card |
| BND | Brunei | Credit Card, Debit Card |
| BRL | Brazil | Credit Card, Debit Card, PIX, Astro Pay, Boleto |
| BZD | Belize | Credit Card, Debit Card |
| CAD | Canada | Credit Card, Debit Card, Apple Pay, Google Pay |
| CHF | Switzerland | Credit Card, Debit Card, Apple Pay, Google Pay |
| CLP | Chile | Astro Pay, Webpay |
| CNY | China | Credit Card, Debit Card |
| COP | Colombia | Credit Card, Debit Card, PSE |
| CRC | Costa Rica | Credit Card, Debit Card |
| CZK | Czech Republic | Credit Card, Debit Card, Apple Pay, Google Pay |
| DJF | Djibouti | Credit Card, Debit Card |
| DKK | Denmark | Credit Card, Debit Card, Apple Pay, Google Pay |
| DOP | Dominican Republic | Credit Card, Debit Card |
| EGP | Egypt | Credit Card, Debit Card |
| EUR | European Union | Credit Card, Debit Card, Apple Pay, Google Pay, Bank Transfer/SEPA |
| FJD | Fiji | Credit Card, Debit Card |
| FKP | Falkland Islands | Credit Card, Debit Card |
| GBP | United Kingdom | Credit Card, Debit Card, Apple Pay, Google Pay, Bank Transfer, Open Banking |
| GEL | Georgia | Credit Card, Debit Card |
| GIP | Gibraltar | Credit Card, Debit Card |
| GTQ | Guatemala | Credit Card, Debit Card |
| HKD | Hong Kong | Credit Card, Debit Card, Google Pay |
| HNL | Honduras | Credit Card, Debit Card |
| HUF | Hungary | Credit Card, Debit Card, Apple Pay, Google Pay |
| IDR | Indonesia | Credit Card, Debit Card, Bank Transfer, Alphamart, Dana, OVO, Shopee Pay |
| ILS | Israel | Credit Card, Debit Card, Google Pay |
| INR | India | UPI, Bank Transfer, NEFT |
| ISK | Iceland | Credit Card, Debit Card, Apple Pay |
| JMD | Jamaica | Credit Card, Debit Card |
| JOD | Jordan | Credit Card, Debit Card |
| JPY | Japan | Credit Card, Debit Card, Google Pay, Bank Transfer, Tiger Pay |
| KES | Kenya | Credit Card, Debit Card |
| KGS | Kyrgyzstan | Credit Card, Debit Card |
| KMF | Comoros | Credit Card, Debit Card |
| KRW | South Korea | Credit Card, Debit Card |
| KWD | Kuwait | Credit Card, Debit Card |
| KZT | Kazakhstan | Credit Card, Debit Card, Google Pay |
| LKR | Sri Lanka | Credit Card, Debit Card |
| MAD | Morocco | Credit Card, Debit Card |
| MDL | Moldova | Credit Card, Debit Card |
| MGA | Madagascar | Credit Card, Debit Card |
| MRU | Mauritania | Credit Card, Debit Card |
| MWK | Malawi | Credit Card, Debit Card |
| MXN | Mexico | Credit Card, Debit Card, Astro Pay |
| MYR | Malaysia | Credit Card, Debit Card, Bank Transfer, FPX, Boost, Duit Now, Grab Pay, Shopee Pay, TNG |
| MZN | Mozambique | Credit Card, Debit Card |
| NGN | Nigeria | Credit Card, Debit Card, Instant P2P |
| NOK | Norway | Credit Card, Debit Card, Apple Pay, Google Pay |
| NZD | New Zealand | Credit Card, Debit Card, Apple Pay, Google Pay |
| OMR | Oman | Credit Card, Debit Card |
| PEN | Peru | Credit Card, Debit Card, Astro Pay |
| PGK | Papua New Guinea | Credit Card, Debit Card |
| PHP | Philippines | Credit Card, Debit Card, Bank Transfer, GCash, Grab Pay, Maya, Shopee Pay |
| PKR | Pakistan | Credit Card, Debit Card |
| PLN | Poland | Credit Card, Debit Card, Apple Pay, Google Pay, Open Banking |
| PYG | Paraguay | Credit Card, Debit Card |
| RON | Romania | Credit Card, Debit Card, Apple Pay, Google Pay |
| RWF | Rwanda | Credit Card, Debit Card |
| SBD | Solomon Islands | Credit Card, Debit Card |
| SCR | Seychelles | Credit Card, Debit Card |
| SEK | Sweden | Credit Card, Debit Card, Google Pay |
| SGD | Singapore | Credit Card, Debit Card, Google Pay, PayNow, ENETS |
| SRD | Suriname | Credit Card, Debit Card |
| STN | São Tomé and Príncipe | Credit Card, Debit Card |
| SZL | Eswatini | Credit Card, Debit Card |
| THB | Thailand | Credit Card, Debit Card, Prompt Pay |
| TJS | Tajikistan | Credit Card, Debit Card |
| TMT | Turkmenistan | Credit Card, Debit Card |
| TRY | Turkey | Credit Card, Debit Card |
| TWD | Taiwan | Credit Card, Debit Card, Apple Pay, Google Pay |
| TZS | Tanzania | Credit Card, Debit Card |
| USD | United States | Credit Card, Debit Card, Apple Pay, Google Pay, Bank Transfer/ACH, Cash App |
| UYU | Uruguay | Credit Card, Debit Card, Astro Pay |
| VND | Vietnam | Credit Card, Debit Card, Bank Transfer, VietQR, Momo, Viettel Pay, Zalo Pay |
| XAF | Central Africa | Credit Card, Debit Card |
| XCD | Eastern Caribbean | Credit Card, Debit Card |
| ZAR | South Africa | Credit Card, Debit Card |