CDS Collaboration Breaking Crypto News – Real-Time Crypto Payments Made Easy with Deutsche Bank and Bitpanda Collaboration
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Breaking Crypto News – Real-Time Crypto Payments Made Easy with Deutsche Bank and Bitpanda Collaboration

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Breaking Crypto News - Real-Time Crypto Payments Made Easy with Deutsche Bank and Bitpanda Collaboration

Breaking Crypto News – The Future of Finance: Real-Time Crypto Payments with Deutsche Bank and Bitpanda

Breaking Crypto News – As a result of a new collaboration between Bitpanda and Deutsche Bank, German cryptocurrency dealers will now be able to send and receive money instantly. The partnership improves transaction security and efficiency while giving Bitpanda users in Germany access to strong liquidity.

Breaking Crypto News - The Future of Finance: Real-Time Crypto Payments with Deutsche Bank and Bitpanda
Breaking Crypto News - Real-Time Crypto Payments Made Easy with Deutsche Bank and Bitpanda Collaboration 1

Bitpanda’s application programming interface (API)-based account solution, which gives the cryptocurrency trading platform access to German International Bank Account Numbers (IBANs), will be made possible by the relationship with Deutsche Bank. With the use of this service, Bitpanda hopes to increase the effectiveness and security of money transfers. Among other advantages, Bitpanda customers in the area will receive a German IBAN for deposits and withdrawals.

Bitpanda Aims to Increase the Use of Cryptocurrencies

The deputy CEO of Bitpanda, Lukas Enzersdorfer-Konrad, emphasized the role that banks play in enabling the general public to access cryptocurrency. In an effort to encourage the use of cryptocurrencies, the platform has worked with significant financial organizations over the years, such as Raiffeisen Bank International, LBBW, and N26.

We have made a point over the last decade of focusing on trust, compliance, and security, and that’s what makes these leaps forward possible. You can’t buy trust or integrity; you have to earn it, and that’s what we’ve done.

Enzersdorfer-Konrad

To help Bitpanda streamline its treasury operations and reconciliation procedures, Deutsche Bank will offer value-adding payment options and account protection. In the end, this should result in more stable liquidity throughout Bitpanda’s main marketplaces.

FAQ

What is IBAN?

Internationally recognized codes, or IBANs, assist banks in securely handling cross-border transactions.

What is a Real-time Payment?

Instant payments that are processed continually and instantly around-the-clock are known as real-time payments. RTP systems instantly move money from one bank account to another, in contrast to traditional payment methods that might take hours or even days to finish transactions.

What are Value-adding Payment Options?

Value-added services, as used in the context of payments, refer to extra features and advantages over and beyond the standard function of payment processing. The goal of these services is to improve the payee’s and payer’s entire payment experience.

For more up-to-date crypto news, you can follow Crypto Data Space.

Breaking Crypto News - Real-Time Crypto Payments Made Easy with Deutsche Bank and Bitpanda Collaboration
Written by
lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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