Rain introduces debit and credit card payments for virtual asset transactions

Rain announces the introduction of debit and credit card payments to its virtual asset transaction services. This development simplifies purchasing virtual assets, lowering barriers and ensuring a secure, user-friendly experience. Compliant with the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), this move reinforces Rain as a leading platform for secure virtual asset trading.

The integration of card payments enhances accessibility to virtual assets, enabling instant funding of accounts and swift withdrawals. As a regulated entity under FSRA, Rain ADGM adheres to high standards of compliance and security, providing a reliable platform for investors.

Benjamin Grolimund, General Manager in UAE for Rain, states, “The introduction of card payments is a significant step in our effort to facilitate easier access to virtual assets for our clients. After launching the first instant bank transfers in the UAE in 2023, this is another step towards real-time access to Virtual assets for our customers.”

Rain is committed to offering a secure, licensed, and regulated platform, focusing on customer satisfaction and security. With services like instant deposits and rapid withdrawals, Rain ADGM meets the needs of the virtual asset community.