Deus X Pay, a regulated virtual asset service provider, offers an end-to-end solution on how businesses trade globally. Virtual International Bank Account Numbers (Vibans) for US Dollar (USD) and Euro (EUR). Vibans from Deus X Pay solves the challenges facing conversion and resolution between digital assets and Fiat accounts, allowing businesses to make payments more efficiently by providing dedicated account details.
Important features of Vibans:
- Enhanced end-to-end transaction flow – Funds move more efficiently between crypto-related companies and non-cryptic banks, overcome restrictive banking relationships, and provide a powerful end-to-end solution for crypto-to-fiat payments and transactions.
- Direct First Party Transactions – Byban allows companies to send and receive funds in their company’s name, eliminating the need for multiple intermediaries and reducing compliance bottlenecks.
- Greater transparency and reconciliation – Companies receive unique sub-accounts to make transaction tracking, settlement and financial reporting clearer and simpler.
“The biggest challenge facing businesses today is inefficient capital flows, especially when trading traditional banks and digital assets,” he said. Richard Crook, CEO of Deus X Pay. “Many companies remain cautious about crypto transactions through external sources due to concerns about security, compliance and counterparty risk. Byban referrals address this by providing a dedicated account for businesses, enabling first-party transactions from client Viban. We are moving forward with financial infrastructure to meet today’s needs.”
This launch of USD and Eur Vibans coincides with Deus X’s Pay commitment Provide faster, cheaper and safer fundingStrengthen the position of companies as trusted partners as they navigate the evolving financial environment.
