CHICAGO, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Zero Hash, the leading crypto infrastructure platform, today announced that Shift4 (NYSE: FOUR), an Integrated Payments and Commerce Technology platform, has leveraged Zero Hash’s full-stack API to build a fiat-to-crypto on-ramp for web3 merchants.
- Shift4 has embedded Zero Hash’s turnkey crypto infrastructure to offer web3 merchants a one stop fiat and crypto solution
- Shift4 has leveraged Zero Hash’s customer identity-verification-as-a-service to safely and compliantly onboard users to crypto services
- Shift4 uses Zero Hash’s full API stack to enable merchants to embed and customize a fiat-to-crypto on-ramp, natively into their checkout flow
Fragmentation of products and providers for web3 merchants has created approval rate challenges and high fees. Shift4 partnered with Zero Hash to build a best-in-class crypto on-ramp, including customer identity verification, liquidity, custody and settlement. By integrating Zero Hash’s crypto infrastructure into Shift4’s fiat payments infrastructure, Shift4 can now provide a one stop fiat and crypto solution for web3 merchants.
“We needed a trusted partner to enhance our onboarding process for crypto merchants. After evaluating all available solutions, we determined that Zero Hash was the right fit for us in terms of their leading expertise, pace of innovation, and overall capabilities,” said Pietro Moran, Director of Crypto of Shift4. “Zero Hash’s end-to-end turnkey crypto infrastructure enables Shift4 to power crypto merchants globally with best in class fees and authorization rates and a product that just works.”
“Shift4 is a leader in offering reliable and trusted traditional payments infrastructure for merchants globally. Zero Hash believes embedding crypto infrastructure into trusted brands like Shift4 will be essential to ushering in the next wave of adoption and unlocking utility for web3 merchants,” said Edward Woodford, Founder and CEO of Zero Hash. “We’re delighted Shift4, a publicly traded company, has partnered with Zero Hash. It’s further validation that global innovators trust Zero Hash with their critical crypto infrastructure.”
About Zero Hash
Zero Hash is a B2B2C crypto-as-a-service infrastructure platform that allows any platform to embed digital assets natively into their own customer experience quickly and easily through a matter of API endpoints. Zero Hash’s turnkey solution handles the entire backend complexity and regulatory licensing required to offer crypto products.
Zero Hash Holdings, through its subsidiaries, powers neo-banks, broker-dealers, payment groups as well as non-financial brands to offer digital asset trading and custody, crypto-backed rewards and round-ups programs.
Zero Hash Holdings is backed by investors, including Point72 Ventures, Bain Capital Ventures, and NYCA.
Zero Hash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 US jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services. In Canada, Zero Hash LLC is registered as a Money Service Business with FINTRAC.
Zero Hash Australia Pty Ltd. is registered with AUSTRAC as a Digital Currency Exchange Provider, with DCE registered provider number DCE100804170-001. This registration enables Zero Hash to offer its crypto services in Australia. Zero Hash Australia Pty Ltd. is registered on the New Zealand register of financial service providers, with Financial Service Provider (FSP) number FSP1004503. A FSP in New Zealand is a registration and does not mean that Zero Hash Australia Pty Ltd. is licensed by a New Zealand regulator to provide crypto services. Zero Hash Australia Pty Ltd.’s registration on the New Zealand register of financial service providers does not mean that Zero Hash Australia is subject to active regulation or oversight by a New Zealand regulator.
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Zero Hash services and product offerings may not be available in all jurisdictions. Zero Hash accounts are not subject to FDIC or SIPC protections, or any such equivalent protections that may exist outside of the US.