Payments infrastructure platform Mercuryo has introduced fiat-to-crypto on-ramp services for major banks and payment providers in Indonesia. The integration of Mercuryo's crypto ramp solution into Bank Rakyat Indonesia (BRI) and PT Bank Negara Indonesia (BNI) allows local users to convert Indonesian rupiah (IDR) into 40 digital tokens, including Bitcoin, Ether, and Tether. The on-ramp solution is also compatible with the Quick Response Code Indonesian Standard (QRIS) and e-wallet provider Ovo, streamlining the process for users to purchase cryptocurrencies. Mercuryo aims to collaborate with local businesses and centralized exchanges to further expand its services. By bridging the gap between digital assets and traditional finance systems, crypto on-ramp services like Mercuryo's enhance accessibility to the crypto ecosystem, particularly benefiting unbanked and underbanked populations. The company's executive director foresees significant positive impacts on Indonesia's financial landscape, emphasizing the importance of on-ramp solutions in facilitating broader access to financial services. Read more AI-generated news on: https://app.chaingpt.org/news

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