Drive revenue with a whole new payment option that connects any merchant to 300+ million crypto consumers.
All of our transactions are loaded into Jumio’s monitoring system where an extensive ruleset is utilized to identify any patterns of money laundering or suspicious financial activity.
Our due diligence and KYC is all managed and validated through Sum and Substance to ensure authenticity, accuracy and legitimacy.
Every transaction that we process is run through Chainalysis KYT which detects many patterns of risky activity, from darknet markets and scams to sanctioned addresses and anomalous transactions.
VersPay’s instant crypto to fiat settlement technology also powers our cryptocurrency ATMs. Crypto ATMs are a new way to take cash out when traveling abroad and benefiting from lower rates than the standard exchange bureau, as well as a convenient way to purchase different cryptocurrencies with fiat currency.
In an economy becoming more global every day, the challenge of moving fiat money around to pay company bills, employees and providers still persists. With VersPay’s instant settlement technology, money moves across the globe using the speed and transparency of crypto while being shielded from price volatility.
VersPay owns its licensed crypto exchange to offer the best crypto-to-fiat rates. This exchange is what allows us to offer instant settlement to merchants and will be soon available for trading to everyone.
