Payments startup Felix partners with Zero Hash to improve international money transfer services
2024-10-30 21:06:43
Chat-based payments startup Felix, which allows its customers to send money internationally via WhatsApp messages, announced Wednesday that it has partnered with Zero Hash to help it leverage the speed and convenience of stablecoins when facilitating money transfers.
"By embedding Zero Hash's infrastructure into Felix services, Felix is able to control the front-end customer experience," a statement said. "And Zero Hash handles the flow of funds for end-to-end technical and regulatory compliance on the back-end; receiving dollars and converting them into USDC, which is then immediately sent to a global partner who converts USDC into local currency and sends the funds to the recipient."
"By embedding Zero Hash's infrastructure into Felix services, Felix is able to control the front-end customer experience," a statement said. "And Zero Hash handles the flow of funds for end-to-end technical and regulatory compliance on the back-end; receiving dollars and converting them into USDC, which is then immediately sent to a global partner who converts USDC into local currency and sends the funds to the recipient."
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