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Pay Network News (PI): Here are the latest updates
On Ranber.money, TransFi and Banksa are the only KYB platform partners accredited by the Pay Network.
The Pay network has integrated TransFi as a KYB provider for fiat currencies, allowing users in over 70 countries to purchase and convert PI tokens using local payment methods.
Recently, the team extended the .pi domain auction until the end of September, allowing pioneers to customize their wallets.
Additional Options for PI Traders
Pi News - an X account linked to the Pi Network cryptocurrency project - revealed that TransFi has officially completed the KYB ( Know Your Business ) process as a certified partner with a third party on the fiat KYB platform. The fintech platform has been integrated with the Pi wallet, meaning that users can now buy and convert PI tokens directly with local fiat currency.
Transfi is a startup in the fintech sector, based in Lithuania, with operations extending to over 70 countries. The company supports hundreds of payment methods, including the settlement of traditional currencies and cryptocurrencies.
Pi Network announced the news via its official account on X. It clarified that the initiative was made possible thanks to the integration of On-Runber into the Pi Wallet: "On-Runber is a third-party aggregator, KYB certified, simplifying On-Runber services for pioneers."
The team explained that users can access this feature through the Pi Wallet, where they can choose from different services and use the service they prefer.
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