Virtual Bank Accounts that auto-convert fiat to crypto
Named account numbers & sort codes, issued via API
Issue Named Virtual Bank Accounts in your users’ names in USD and GBP, with four more currencies coming soon. Every fiat deposit automatically converts to stablecoins or crypto. No widget. No checkout. Fully programmatic.
Build a banking experience, not the entire bank.
Neobanks, wallets, and fintechs can offer real account numbers, receive deposits, and automatically convert to stablecoins — all through Transak’s regulated infrastructure and a single API.
Fiat via Bank Transfer
ACH · Wire · Faster Payments
Transak API
Virtual Accounts · KYC · Compliance
Crypto to User’s Wallet
Auto-converted · Instant delivery
Named Bank Accounts via API
Issue real bank accounts in users' names programmatically. Each account is unique, no reference codes needed.
Fully Programmatic
No UI, no widget. Create accounts, track deposits, and manage conversions entirely through REST APIs and webhooks.
Compliance Handled
Transak manages KYC, AML, banking relationships, and regulatory licensing across all supported geographies.
Your Brand, Invisible Infra
Users see your app. Transak operates behind the scenes. Build fintech products on top of our banking rails.
Programmatic payments, end to end.
Issue Virtual Bank Accounts via API. Every fiat deposit auto-converts to stablecoins or crypto and lands in your user’s wallet.
Transak Virtual Account Payments
Fiat to CryptoUsers get a Named Virtual Bank Account (account number, sort code, routing number) in their name. Any fiat deposited via bank transfer is automatically converted to stablecoins or crypto and delivered to their wallet.
- Named bank accounts issued via API
- Auto-convert on every deposit
- Faster Payments, ACH & Wire support
- Built-in DCA via recurring transfers
- Multi-currency Virtual Accounts
Virtual Account Payments vs Standard Checkout
| Standard Checkout | Virtual Account Payments | |
|---|---|---|
| Setup | Every transaction | One-time only |
| User action | Widget → select → enter details → confirm | Just send a bank transfer |
| Speed | ~4 minutes | Automatic on every deposit |
| Widget needed? | Yes, every time | No, fully automated |
| Bank details | Entered each session | Locked in once |
| DCA support | No | Yes, recurring transfers |
| Best for | One-off transactions | Recurring & automated flows |
Real-world flows powered by Virtual Account Payments
See how businesses use Virtual Accounts to move money automatically.
Stablecoin Payroll
Employees receive crypto salary without the employer ever touching crypto.
Employer
Runs standard payroll
Employee's Virtual Account
Named account in employee's name
USDC / USDT
Delivered to employee's wallet
The employer never handles crypto. They just pay a standard bank account. The employee gets stablecoins automatically. Works with Deel, Remote, Papaya Global, or any payroll system.
Dollar-Cost Averaging (DCA)
Automated recurring crypto purchases with zero manual effort.
User's Bank App
Sets up standing order
Virtual Account
Receives each deposit
BTC / ETH / USDC
Accumulates weekly
No app to open. No buttons to click. The user sets a recurring bank transfer once. Every deposit automatically becomes crypto. Daily, weekly, or monthly, whatever the user's bank supports.
Cross-Border Remittance
The "stablecoin sandwich": fast, cheap, compliant cross-border payments.
Sender (US)
Sends USD to VA
USDC
On-ramp via Virtual Account
Recipient (UK)
Off-ramp to GBP bank
Fiat → stablecoin → move across borders instantly → off-ramp to local fiat. Minutes instead of 3–5 days. 1–3% instead of 6–11% fees. No correspondent banks.
DeFi Yield & Gaming Cash-Out
One-step fiat off-ramp for yield, rewards, and in-game earnings.
DeFi / Game
Yield or token rewards
Dedicated Wallet Address
Permanent, per network
Fiat in Bank
USD · GBP
Yield farmers, gamers, and creators send tokens to their saved deposit address. Fiat hits their bank automatically — no checkout flow, no widget, no friction.
Marketplace Settlements
Unique Virtual Accounts per seller for automatic payment reconciliation.
Buyer
Pays via bank transfer
Seller's Virtual Account
Auto-reconciled, no ref codes
USDC to Seller
Instant stablecoin payout
Every seller gets a unique Virtual Account. Payments are automatically reconciled — no reference codes needed. Fiat converts to stablecoins for instant, cross-border seller payouts.
Named Virtual Bank Accounts, issued via API.
Your users receive a Virtual Bank Account in their own name with real account details in USD or GBP, and every deposit auto-converts to stablecoins or crypto. Four more currencies are coming soon.
Payment Rails (Fiat In)
- ACH (US)
- Wire Transfer (US)
- Faster Payments (UK)
- Bank Transfer (UK)
Supported Stablecoins & Crypto
- USDC, USDT, PYUSD, DAI
- ETH, BTC, SOL, XRP, BNB, MATIC
- 180+ cryptocurrencies total
- 45+ blockchain networks
- View full crypto coverage
Virtual Account Supported Currencies
Coming Soon
Without Virtual Accounts, Transak supports on-ramping and off-ramping via cards, bank transfers, and local payment methods across 64+ countries worldwide.
Regulated. Certified. Trusted.
18 active regulatory licenses across the US, UK, Canada, and Australia. 22 more in progress globally.
Integrate Virtual Account Payments into your product
Virtual Account Payments is designed for platforms that want to offer automated, recurring, or programmatic fiat-crypto flows — without building compliance, banking, or conversion infrastructure.
- API-driven — issue Virtual Accounts programmatically
- White-label ready — your brand, your UX. Transak is invisible.
- Compliance included — KYC, AML, and 18 active licenses across 64 countries
- Webhook notifications — real-time event updates for every transaction
- Sandbox environment — test the full flow before going live
- Revenue sharing — earn on every transaction your users make
Deel, Remote, Papaya Global — enable employees to receive stablecoin salary via Named Virtual Accounts. The employer just pays a bank account.
MetaMask, Trust Wallet, Phantom — offer 19-second off-ramp, automated DCA, and near 1:1 stablecoin purchases to your users.
Seamless fiat on/off-ramp for trading platforms. Users cash out yield and rewards automatically — no checkout friction.
Build stablecoin-powered cross-border payment flows. Virtual Accounts on both ends, stablecoin settlement in the middle.