San Francisco, United States, June 12th, 2024
Topper, a fiat-to-crypto on-ramp by the global web3 financial platform Uphold, has revealed its Latin American expansion strategy to introduce efficient crypto payment solutions in Brazil. This significant move aligns with Topper's objective of promoting widespread crypto adoption and facilitating seamless crypto transactions globally.
With a diverse selection of over 200 digital assets available in more than 150 nations, Topper has incorporated Pix as a payment option. Pix is a rapid payment service overseen by Brazil's Central Bank. By integrating Pix into their payment methods, Topper and its partners now possess a more dependable and effective way to cater to their Brazilian clientele.
This expansion into Latin America, starting with Brazil and Pix, signifies a substantial advancement in Uphold Enterprise's mission to encourage universal crypto acceptance. Robin O’Connell, Uphold Enterprise's CEO, expressed enthusiasm about introducing Topper to the 26 million crypto enthusiasts in Brazil, providing them with a more accessible pathway to enter the realm of web3.
Key Advantages for Topper's Partners and Users in Brazil: - Instant Payments: Pix enables users to make prompt payments from their bank, facilitating real-time cryptocurrency purchases. It has become the preferred payment choice in Brazil. - Cost-Effectiveness: Topper will offer competitive processing fees for Pix transactions, ensuring an economical method to buy crypto in Brazil. - Enhanced Security: Pix transactions are equipped with robust security measures, ensuring a secure environment for crypto transactions.
Pix, managed by the Central Bank of Brazil, is an instantaneous payment platform designed to expedite payments and transfers.
Topper's future plans include expanding into additional Latin American markets over the course of 2024. To explore further details, visit www.topperpay.com.
About Topper
Topper, a user-friendly fiat on-ramp boasting high approval rates, is a swift-to-deploy web3 payment solution that empowers crypto projects to process a higher volume of customer payments. Supporting twice the number of digital assets compared to competitors, the Topper payment widget streamlines the payment procedure, accommodates multiple currencies, and enhances approval rates, leading to fewer rejections and increased revenue. Developed by Uphold, a trustworthy and compliant web3 financial platform, Topper ensures reliable and regulated payment processing.
About Uphold
Recognized as the Best Crypto Exchange in the UK by Forbes Advisor, Uphold is dedicated to simplifying web3. Serving over 10 million customers in 140+ countries, Uphold provides businesses and individuals with seamless access to digital assets and related services. Uphold's innovative "Anything to Anything" feature allows users effortless navigation between digital assets, national currencies, and precious metals. The platform smartly routes orders across 30 trading venues for optimal execution and enhanced liquidity. Uphold upholds the highest standards of transparency, regularly disclosing its assets and liabilities on a public website every 30 seconds. Uphold is regulated in the U.S. by FinCen and State regulators, registered in the UK and Canada with the FCA and FINTRAC respectively, and in Europe with the Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. For more information on Uphold’s offerings, visit uphold.com.
