The new self-service approach allows crypto companies to instantly move from setup to live, compliant transfers at zero fees.
Verification platform Sumsub has announced the launch of its new Travel Rule Self-Service product, aiming to help crypto platforms activate compliant crypto transfers faster at lower costs.
The product will allow businesses to complete their first compliant transfer through preset configurations, SDK-based flows, and built-in compliance logic without having to deal with complex processes. Additionally, the Travel Rule Self-Service product will also unlock
access to Sumsub’s network of virtual asset service providers (VASPs).
The benefits of the solution include preset configurations to expedite compliance transfers, SDK-ready flows, and zero implementation fees.
Emeka Mgbenu, Senior Product Manager at Sumsub, said: “Our new self-service setup helps smaller platforms with limited budgets launch compliant transfers faster, reduce user drop-offs by up to 35% with Sumsub’s Travel Rule SDK, and expand confidently into new markets without adding unnecessary operational complexity.”
Stay updated on crypto and AI by following our socials.
