News

Immutable Partners with Transak to Bring Frictionless Payments to Games

Immutable and Transak bolster digital transaction capabilities on Immutable zkEVM, enhancing user experience.

Eliza Crichton-Stuart author picture}

Eliza Crichton-Stuart

Head of Operations

Transak x Immutable Announcement.webp

Immutable, a leading web3 gaming platform, has officially announced its partnership with the premier third-party payments provider Transak, a decision set to improve services for seamless digital transactions. This move sees Transak becoming the primary payments partner for Immutable Checkout on its zkEVM platform. Immutable Checkout, an all-in-one transaction infrastructure for games, offers a highly configurable interface designed to increase payment conversion rates through an effortless integration. 

Immutable X (IMX) is a global leader in gaming on a mission to bring digital ownership to every player by making it safe and easy to build great web3 games. Co-founded by James Ferguson, Robbie Ferguson, and Alex Connolly in 2018, Immutable is headquartered in Sydney with a team of over 260 leading technologists, creators, and innovators, and backed by top transformational tech investors like BITKRAFT Ventures, King River Capital, AirTree, Temasek, Coinbase and more.

Transak x Immutable Announcement.webp

Transak’s on-ramp, off-ramp, and NFT Direct solutions (primary and secondary sales) will be embedded within the Checkout product to provide optionality for players when it comes to buying digital assets. This functionality will be available to users within Immutable Passport as well.

Transak’s Co-founder & CTO, Yeshu Agarwal noted, “Players shouldn’t have to understand cryptocurrency in order to buy, sell, and truly own an in-game item, and we’re excited to work with Immutable to remove that barrier to entry. This partnership gives players and game studios the means to create seamless purchasing experiences, integrated natively into Immutable Passport, for both primary and secondary sales. Together, we will redefine the digital payment landscape.” 

One of the highlighted features of this integration is the seamless purchase flow. This means users will enjoy a hassle-free and cost-optimized buying journey. Additionally, smart routing capabilities enable users to add funds during the purchasing process, which in turn has been shown to boost conversions and amplify average order values.

Transak

As for Transak, its global reach and efficiency are unmatched in the industry. Currently, it operates across 155 countries offering clients diverse payment methods ranging from cards to bank transfers for 170 cryptocurrencies on over 75 blockchains. Transak also allows users to access over 20 different payment methods like Credit/Debit Cards, Bank Transfers, BPI, AstroPay, and more.

“Transak’s proven track record in offering efficient and expansive payment solutions aligns perfectly with our ethos at Immutable. We’re thrilled to collaborate and bring enhanced transactional experiences to our users,” remarked Michael Powell, Product Marketing Lead at Immutable. “The partnership ultimately makes it easier for people to play games on Immutable and ensures an optimized experience particularly crafted for mainstream players.”


Press ReleasePartnerships

updated:

February 20th 2024

posted:

December 12th 2023

Related News

View All
Immutable and Amazon Investing in the Next Evolution of Gaming

a year ago

3 min read

Immutable and Amazon Investing in the Next Evolution of Gaming

Immutable's partnership with Amazon Web Services (AWS) promises a safer, more accessible future for web3 gaming.

Immutable partners with Ubisoft’s Strategic Innovation Lab

a year ago

2 min read

Immutable partners with Ubisoft’s Strategic Innovation Lab

Sydney's Immutable collaborates with Ubisoft's Strategic Innovation Lab to redefine web3 gaming, merging tech expertise and gaming excellence.

Immutable’s Guild of Guardians Friends & Family Demo Results Revealed

a year ago

3 min read

Immutable’s Guild of Guardians Friends & Family Demo Results Revealed

The Friends and Family Demo (“F&F Demo”) for Immutable’s Guild of Guardians received high engagement rates and positive feedback.

Immutable X Integrates GameStop Wallet

2 years ago

2 min read

Immutable X Integrates GameStop Wallet

Immutable X partners up with Gamestop to fully integrate the Gamestop Wallet onto the layer-2 protocol. Which games are you going to try out?

Immutable X to Power Undead Blocks Skins Economy

2 years ago

2 min read

Immutable X to Power Undead Blocks Skins Economy

Undead Blocks integrate Immutable X in-game to power up their skins economy and benefit from IMX's scalability and network advantages.

Leaderboard

View All

Streaming