CryptoSourced
Case Study: Coinhako sees 50% month-on-month processing volume growth with Checkout.com
Coinhako Case StudySourced & dated by Case Study Desk
Key results
The challenge
Coinhako, a Singapore-based digital-assets wallet serving more than 300,000 customers, wanted to make it easier for users to buy and sell cryptocurrency by card while managing the high fraud and chargeback risk common to the sector.
The solution
Coinhako used Checkout.com's Acquiring, Payment Methods, and Payouts, adding a wider range of card payment options and a proactive, data-centric approach to fraud prevention.
“Card payments have increased the ease of access to cryptocurrencies for our Singapore users and contributed to our growth since the start of 2021.”
YLYusho LiuCEO and Co-Founder, Coinhako
The results, in context
Since the start of 2021, card payments drove 50% month-on-month processing volume growth for Coinhako, broadening access to cryptocurrency for its 300,000+ Singapore customers.
Products used
Checkout.com AcquiringCheckout.com Payment MethodsCheckout.com Payouts