Product updates | October 2022

Here’s a summary of this month’s news - read it while it’s hot!

• KYC orchestration improvement: Ramp is adding an extra KYC provider to reduce churn and ensure high conversion rates.
• Google Pay is now available on Ramp in 39 countries with the lowest fees on the market.
• New off-ramp increases the lead on competitors with an increase in the supported assets list to 38 supported tokens

KYC acceptance is improved with an extra KYC provider

A clear, streamlined KYC experience is crucial to ensure high conversion rates on the user path. We’ve added a new KYC provider to do just that – nailing user onboarding and retention on partners’ platforms.

Our partners and users now benefit from advanced automation that reduces overall KYC time and increases overall conversion.

And even better: users get more control over their journey with clear, more detailed communications about the reasons behind eventual failures during the process.

They say an image is worth a thousand words, so here’s how one of the emails looks:

To learn more about our verification process and implement the smoothest on- and off-ramp experience in your app, contact our partnerships team at partner@ramp.network.

Google Pay is now available in 39 countries

Remember the last time you were buying something online and scrambled to type in a gazillion numbers and find a CVV number (or whatever other name they give it these days)?

We’re happy to say that those days are gone when you buy crypto with Ramp, as now you can use Google Pay from 39 countries (along with Apple Pay enabled globally earlier this year).

But that’s not all. To sweeten the deal even further, we’re offering the lowest fees on the market, 2.9% (with min. 2.49 EUR), as well as providing support for both Android devices and desktop Chrome browsers.

Google Pay will be initially available for non-NFT-related purchases across 39 countries, with more to come in 2023.

Off-ramp will support 38 assets from the start

We thought we’d set a very high bar for the launch of our off-ramp. But then we thought, “why not set it even higher?”, and so we threw in even more supported assets from the start.

Our partners can now offer their users off-ramping for up to 38 assets from day one.

What’s next

In the meantime, here’s what we’re also focusing on for the next month:

• Off-ramp final tests and integrations;
• User communications update;
• Multiple small tune-ups for on-ramp.

And that’s it for October. Thanks for reading, stay tuned for more news - and see you next month.