Zumo wallet users can now top up via open banking.
In Brief:
Zumo now offers its users a “four click experience” to add money to their wallets from their bank account.
It’s powered by Modulr’s open banking payments API.
The cryptocurrency business says it’s fast, secure and convenient.
What does this mean?
Cryptocurrency wallet Zumo aims to make cryptocurrencies accessible for everybody by offering a wallet where users can invest in cryptocurrency as well as spending GBP fiat currency. The development, powered by Modulr, means account-to-account payments will be easier for customers to instantly add money to their wallet, spend it on a dedicated Visa card, and invest in crypto.