tldr; Oobit has integrated native support for Phantom Wallet, enabling over 15 million users to make real-world crypto payments directly from their wallet wherever Visa is accepted. This innovation bridges the gap between crypto holding and everyday spending, allowing users to pay online and in-store without pre-funding or losing custody of their funds. Transactions are converted to local currency and settled instantly to merchants. The solution is live in over 50 countries, including the US, Brazil, and South Korea.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
KIG45 on
I’ve been waiting for this for a long time and it’s already a fact. Soon the possibilities with crypto will be unlimited.
F-machine on
Great way for people to use crypto instead of holding forever
AcceptableSwing4704 on
so ur basically still in your wallet, wallet turns into a debit card without being a debit card
Middle-Feed5118 on
There needs to be a cheaper phantom thats open source – then Phantom would actually have some competition
Usual_Mastodon_6866 on
tying this to an existing wallet user base actually makes sense
Fun_Injury6204 on
What’s happening is oobit is acting as the settlement bridge between on chain balances and Visa rails
VollcommNCS on
Look into Flexa
They have been quietly building new payment rails since 2019.
More adoption is coming and they have hinted at many other Fortune 100 companies are ready to launch but want slightly more clarity on regulations before they start accepting digital assets at their multi billion dollar corporations.
Directly tied into merchants POS systems.
Barely any KYC. Name and email address is all that’s required. They are not fans of KYC and only ask for the bare minimum required by law.
Instant finality. Transactions are less than 500ms
Pioneered the first tap to pay for crypto on mobile and with burner hardware wallets.
Phantom wallet is compatible with Flexa. Along with all other WalletConnect (Reown) enabled wallets.
The best part is that they’re not affiliated with Visa or MC in anyway. They are trying to fix the system and bring power back to the people.
8 Comments
tldr; Oobit has integrated native support for Phantom Wallet, enabling over 15 million users to make real-world crypto payments directly from their wallet wherever Visa is accepted. This innovation bridges the gap between crypto holding and everyday spending, allowing users to pay online and in-store without pre-funding or losing custody of their funds. Transactions are converted to local currency and settled instantly to merchants. The solution is live in over 50 countries, including the US, Brazil, and South Korea.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I’ve been waiting for this for a long time and it’s already a fact. Soon the possibilities with crypto will be unlimited.
Great way for people to use crypto instead of holding forever
so ur basically still in your wallet, wallet turns into a debit card without being a debit card
There needs to be a cheaper phantom thats open source – then Phantom would actually have some competition
tying this to an existing wallet user base actually makes sense
What’s happening is oobit is acting as the settlement bridge between on chain balances and Visa rails
Look into Flexa
They have been quietly building new payment rails since 2019.
More adoption is coming and they have hinted at many other Fortune 100 companies are ready to launch but want slightly more clarity on regulations before they start accepting digital assets at their multi billion dollar corporations.
Directly tied into merchants POS systems.
Barely any KYC. Name and email address is all that’s required. They are not fans of KYC and only ask for the bare minimum required by law.
Instant finality. Transactions are less than 500ms
Pioneered the first tap to pay for crypto on mobile and with burner hardware wallets.
Phantom wallet is compatible with Flexa. Along with all other WalletConnect (Reown) enabled wallets.
The best part is that they’re not affiliated with Visa or MC in anyway. They are trying to fix the system and bring power back to the people.