Businesses operate across both digital assets and traditional banking. Their payment tools should, too.
Today, we’re launching Bitwave’s integration with BVNK, a Mastercard company, bringing USD bank payouts to Bitwave Payments alongside our existing digital asset payment capabilities. The integration builds on the partnership we announced last year and gives businesses more flexibility to work with counterparties that use traditional bank accounts, while managing payments within Bitwave.
More ways to move money
Through the integration, businesses can complete BVNK’s business verification process within Bitwave. Once approved, they receive a BVNK-provided USD wallet and can initiate bank payouts through ACH, Same-Day ACH, Fedwire, FedNow, and RTP, with payment status tracking throughout the payout lifecycle.
For finance teams, that means access to USD bank payment options alongside the digital asset workflows they already manage in Bitwave.
Built for the way businesses actually operate
Stablecoin adoption depends on making digital assets useful in everyday business. That includes working with vendors and other counterparties that continue to rely on traditional banking.
Connecting digital asset workflows with bank payment infrastructure helps close that gap. Bitwave brings enterprise accounting and payment workflows; BVNK provides business onboarding and USD payout infrastructure.
Together, we’re expanding the payment options available to businesses as they bring digital assets into their financial operations.
Want to explore the BVNK integration for enterprise payments? Contact the Bitwave team to learn more.
FAQs Related to Bitwave's BVNK Integration
What payment methods are available through the Bitwave and BVNK integration?
Businesses can initiate bank payouts through ACH, Same-Day ACH, Fedwire, FedNow, and RTP. The integration also maintains Bitwave's existing digital asset payment capabilities alongside these traditional banking options.
Do I need to complete a separate verification process to use BVNK payouts?
Businesses can complete BVNK's business verification process directly within Bitwave, streamlining the onboarding experience without requiring a separate external process.
Can I track the status of my bank payouts through Bitwave?
Yes, the integration provides payment status tracking throughout the payout lifecycle, allowing you to monitor your USD bank payouts as they process.
How does this integration help businesses that work with traditional banking counterparties?
The integration enables businesses to manage payments to counterparties with traditional bank accounts while keeping all payment workflows—both digital assets and bank transfers—within Bitwave's platform.
What wallet do I receive after completing the verification process?
Once approved through BVNK's business verification process, you receive a BVNK-provided USD wallet that enables you to initiate bank payouts through various payment rails.
Disclaimer: The information provided in this blog post is for general informational purposes only and should not be construed as tax, accounting, or financial advice. The content is not intended to address the specific needs of any individual or organization, and readers are encouraged to consult with a qualified tax, accounting, or financial professional before making any decisions based on the information provided. The author and the publisher of this blog post disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use or application of any of the contents herein.