#PI# Payment Network news ( PI ): This is the latest update that TransFi and BankSa are the only verified partners on the KYB platform in the Pay network.


The Payment Network has integrated Transfi as a fiat KYB platform provider, enabling users from over 70 countries to purchase and convert PI tokens using local payment methods.
Recently, the team has extended the auction of the .pi domain to the end of September, allowing pioneers to customize their wallets.
Additional options for PI traders
Pi News - An X account related to the cryptocurrency project Pi Network - revealed that TransFi has officially completed KYB ( Know Your Business ) as a third-party verification partner in the fiat KYB platform process. This fintech platform has integrated with the Pi wallet, meaning that users can now directly use local fiat currency to purchase and convert PI tokens.
Transfy is a financial technology startup headquartered in Lithuania, with operations in over 70 countries. The company supports hundreds of payment methods, including settlements in traditional currencies and cryptocurrencies.
Pi Network announced this news through its official X account. It explained that this initiative benefits from the integration of On Ramp into the Pi Wallet: "On Ramp is a third-party aggregator that has obtained KYB verification, simplifying On Ramp's services for early users."
The team pointed out that users can access this feature through the Pi Wallet, allowing them to choose between different services and use their preferred ones.
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