Blockchain

Immutable Integrates Transak for Web3 Gaming Payments

  • Both the Immutable Checkout and the Immutable Passport will include Transak’s services.
  • The payment rail would enable in-game transactions for digital assets.

For its zero-knowledge Ethereum Virtual Machine (zkEVM), Web3 gaming company Immutable is integrating Transak as its only payment service provider. Gaming ecosystems will soon be able to accept fiat and Web3-based payments directly via the service.

Both the Immutable Checkout and the Immutable Passport will include Transak’s services. The former serves as a customizable interface for game producers to incorporate numerous payment alternatives and is Immutable’s all-in-one transaction infrastructure for games.

Major Boost for Web3 Gaming

Users may use fiat payments like credit and debit cards, Apple Pay, and Google Pay with Transak’s on-ramp, off-ramp, and NFT payment service. The payment rail would enable in-game transactions for digital assets, according to Harshit Gangwar, director of marketing at Transak.

Harshit stated:

“These products will be used by hundreds of high-quality games over the next couple of years. The majority of those games are scheduled to go live in 2024.”

Guild of Guardians, Gods Unchained, and Cross The Ages—three of Immutable’s most popular Web3 games—will be the first to use Transak’s integration, according to Michael Powell, director of product marketing at Immutable.

More than 350 apps rely on Transak, which has a history of success as a payments infrastructure provider. As for its payment service, it has been around for a while and is utilized by a lot of games that are backed by Animoca Brands, a Web3 gaming venture capital company.

The fact that over 20 different payment options are available to Transak consumers in 160 different countries is something that Gangwar points out. Moreover, pricing varies by country and manner of payment.

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