We are here to empower your crypto business
White-label solutions by Verified Payments allows you to provide financial services to customers that own digital assets.
Merge the best of the two worlds
Enable your customers to:
Our solution allows you to:
Our crypto-friendly services
Even in the niche market of crypto, every product is different. We offer a highly customizable white-label core banking solution that can be tailored to the needs of any business.
Fiat gateway API
As Lithuania has already implemented the EU Second Payment Services Directive (PSD2) allowing Payment Initiation Services (PIS), Verified Payments can also provide such services.
We provide necessary infrastructure for you to enable fiat payments. Your customers will be able to send funds to and out of the platform. This solution smoothly and seamlessly integrates into your platform.
Other services, like payment cards, can be enabled later.
Full white-label integration
All-in-one solution. License, software infrastructure, compliance, IT and regulatory support. Everything you need to launch fiat payments on your platform and much more.
This solution gives you freedom to focus on sales and business development. Enter the market as quickly as possible and maximize your income.
FAQ by crypto businesses
How long does the integration take?
In general, the whole process can take as little as 4 weeks. Actual timeframe varies from business to business.
Are there any additional requirements?
There are two of them. First, you have to own an EU business entity. Second, you have to use crypto transaction monitoring. We can help with both solutions.
Can we perform AML/KYC yourself?
Yes, you can. We will perform regular checks to ensure the compliance with the Bank of Lithuania.
Why crypto-friendly banking is on the rise?
Depending on a region, up to 30 percent of residents have used or owned bitcoin or digital assets. People are attracted by secure, transparent, and instantaneous payments. Although, the technology behind it is not limited to the transfer of digital assets.
Distributed ledgers, the base of blockchain technology, revolutionised the financial industry. Until the technology was introduced in 2009, established financial institutions, like banks, had been slow and inflexible. In contrast to them, startups, especially fintech companies, were agile and embraced the technology quickly. Since then, they have been challenging traditional banks and other financial organizations by proposing innovative solutions.
Limited working hours, delaying transfers, and slow card payments are a thing of the past due to the rise of fintech startups. Technology and a customer-focused approach addressed these problems. Now, even such giants like Mastercard are developing solutions based on distributed ledger technology and even accept bitcoin transactions.
Digital assets also proved to be a haven in challenging times of financial instability. When the global financial crisis struck in 2008 startups and enterprises swiftly reacted to this by offering solutions that do not have a centralized authority.
The success of blockchain technology in fintech paved the way for distributed ledgers to be adopted in other industries such as healthcare, energy, real estate, and logistics.
For example, Walmart partnered up with IBM and introduced a blockchain-based supply system to track their produce.
The innovation continues.
According to ABI Research, such technology will generate more than $10 billion in revenue by 2023.