Pi Network adds TransFi as a third fiat on-ramp for Pi Coin, offering seamless purchases despite Onramp Money’s integration delays.
In the most recent Pi Network update, the Pi team has incorporated a third fiat onramp feature into its payment ecosystem. The action responds to user complaints regarding the Onramp Money platform’s persistent issues.
Pi Network Enhances Fiat Access with TransFi
In a recent update to the Pi Network wallet, TransFi has been included as a new onramp, in addition to the existing partners Banxa and Onramp Money. Users observed the new fiat option shortly after Onramp Money announced that Pi purchases would not be available until August. Pioneers can now purchase the token using popular payment methods such as Apple Pay, Google Pay, and credit cards with Transfi.
In the past, Pi Network users were frequently required to navigate complex and hazardous procedures, such as peer-to-peer trades, transfers to exchanges, and closed mainnet transfers. Integrating its onramp capabilities enables users to purchase Pi in a single, streamlined step.
TransFi, a fintech company headquartered in Vilnius, provides remarkable global coverage to Pi Network’s payments infrastructure. It facilitates transactions through over 250 payment methods, such as open banking and real-time networks, and supports fiat purchases in over 85 markets. This implies that more Pioneers in Asia, Europe, and other regions can acquire Pi coins without complex procedures.
The Philippines is a prime example of this, as TransFi now permits the direct purchase of Pis through the local payment app GCash. In the interim, users in Hungary have observed that TransFi provides more competitive exchange rates than certain extant options, further enhancing its appeal.
Delays in onramp money initiate expansion efforts
This strategic expansion is in response to the recent obstacles encountered by Onramp Money, which has yet to finalize its integration with the Pi Network. The integration was still in progress. Onramp Money stated in an update that an official deployment was now anticipated for August 2025, even though it had received numerous inquiries from users who could not view the Pi coins they had purchased.
The company encouraged users to refrain from conducting additional transactions until the process is completed, assuring them that any stalled transactions would be resolved upon the system’s launch.
It is important to note that TransFi has received official certifications, such as ISO 27001 and AICPA – SOC. This maintains compliance and security while lending credibility to Pi Network’s expansion. Pi Network’s partnership with TransFi enables users to purchase PI directly with ordinary currency while Onramp Money resolves its technical issues.
The integration of TransFi into Pi Network assists in resolving issues that users have encountered with current payment options. This also provides Pioneers with a greater degree of flexibility by broadening their selection of fiat onramp options. The project has expanded its coverage to more than 100 countries due to these integrations (TransFi and Banxa), consistent with its objective to democratize access to cryptocurrency.
