New Payment Method: Rapid Transfer

New Payment Method: Rapid Transfer

To make crypto readily accessible for everyone, we are always trying to simplify and accelerate the process of purchasing it. This time, we have extended our list of payment options with one more payment method, namely Rapid Transfer.

It is an instant open banking payment solution that allows users to make purchases of crypto via our service even faster.

About Rapid Transfer

Rapid Transfer is an instant payment solution that operates under Paysafe Limited and is a part of Skrill. It uses all functionalities of Open Banking. It means that every user can easily make a payment directly from their bank account but in a faster way.

This service supports over 3 000 bank institutions in Europe and is legit in 19 countries:

  • Austria;
  • Belgium;
  • Denmark;
  • Estonia;
  • Finland;
  • France;
  • Germany;
  • Hungary;
  • Italy;
  • Ireland;
  • Latvia;
  • Lithuania;
  • The Netherlands;
  • Norway;
  • Poland;
  • Portugal;
  • Spain;
  • Sweden;
  • The UK.

Considering the aspect of security, it is worth indicating that Rapid Transfer is fully compliant and follows all the strict rules and standards required by Payment Services Directive Two (PSD2).

How to buy crypto with Rapid Transfer on Utorg?

We have prepared a short guideline for you to find the answer to the question - how to buy crypto with Rapid Transfer? This guide consists of three quick steps to help you easily reach the goal and buy crypto.

Users who attempt to buy crypto on Utorg for the first time are obligated to complete the mandatory procedure of KYC verification. This verification is compulsory and takes about 3 minutes. To complete it, you only need to upload a copy of your valid identification document and go through the liveness check (to rotate your head in front of your web camera).

After doing this, your identity will be verified by our AI-powered algorithm, and you can buy crypto even faster with Rapid Transfer but without needing to complete this procedure again.