What is Banxa?

Tailored compliance and payment solutions for the digital asset industry offer seamless integration with various payment methods, significantly enhancing conversion rates. By addressing concerns related to fraud, risk, and regulatory compliance, we enable businesses to connect with traditional financial systems while paving the way for future innovations. Banxa’s payment infrastructure streamlines user onboarding, ensuring a hassle-free experience. Our intuitive widget is designed for a global audience, driving increased engagement and repeat conversions. By providing a wide range of payment options that cater to both local and international needs, we empower users with choices in their local currencies and competitive rates, further boosting conversion potential. Exceptional user experiences lead to higher conversion rates, fostering customer loyalty and repeat transactions. Our all-encompassing strategy effectively mitigates risks and manages fraud, complemented by chargeback protections, so you can focus on scaling your operations. We deliver top-tier payment solutions specifically designed for businesses operating within the digital asset space. In essence, Banxa aims to construct a bridge that offers individuals worldwide access to a fairer and more equitable financial system, ultimately nurturing a brighter financial future for all. This commitment not only transforms the way transactions are handled but also promotes inclusivity in the rapidly evolving financial landscape.

Integrations

Screenshots and Video

Banxa Screenshot 1

Company Facts

Company Name:
Banxa
Company Location:
Australia
Company Website:
banxa.com

Product Details

Deployment
SaaS
Training Options
Documentation Hub
On-Site Training
Video Library
Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Banxa Categories and Features

More Banxa Categories

Banxa Customer Reviews

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  • Reviewer Name: Roy G.
    Position: Teacher
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
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    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Scam. the rate u pay is not what u get

    Date: Mar 16 2025
    Summary

    Refused to consider refund and provided no helpful support. The prices may look better than Coinbase but be warned, this is a scam and you will not get the crypto at the rate you agreed to pay.

    Positive

    At least they replied to email, even if only to confirm they had stolen my money. Can't think of any other pro. Just hope they haven't stolen my passport id

    Negative

    I placed an order on BTC at £64000, order was accepted pending my bank transfer. After the transfer, Banxa placed an order at £68000 , even though the market rate had hardly fluctuated in the meantime.

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  • Reviewer Name: Dave C.
    Position: Business owner
    Has used product for: Less than 6 months
    Uses the product: Yearly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
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    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Scammed by Banxa

    Date: Nov 26 2024
    Summary

    Never use this company again, they will steal your money. I definitely do not recommend Banxa for anything financial.

    Positive

    There are none. This company is a scam start to finish. Bank officials are taking note of this company in a negative light.

    Negative

    Sent a test e-transfer with banking officials and Banxa took it an now is not responding and never deposited funds. Test failed and the company is clearly not reputable.

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  • Reviewer Name: Sabum C.
    Position: My $2000 please
    Has used product for: Less than 6 months
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Will not pay my money

    Date: Nov 22 2022
    Summary

    So I did purchase USDT worth 2000 CAD using interact transfer with Banxa on the 24th of October. 30 minutes later I got a message saying my transaction was canceled. October 25th Banxa went ahead and accepted the transfer. I contacted them and they said funds have been refunded and it will take 10 business days and they even have prove of it.I asked for the prove no reply. After 12 business days I reached out again and I was told that my money have been emailed to my inbox. I told them I have not seen any email snd I was told they can't send it again.on the 13th of November they keep telling me different stories. Banxa contacted me one week ago and still lied that my money have emailed to a wrong email address and they are waiting for my bank to cancel it.This is a big fraud because only the sender can cancel Interact e transfer. If they think I am making up this I will post all the email conversations here.I will continue sharing my experiences to every single platform till I receive my money back. Please avoid using their services.

    Date of experience: October 24, 2022

    Positive

    That are Cheap but they are very risky to use They are fast if they want to but will screw you up guys.

    Negative

    Take your money and start telling you stories.

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  • Reviewer Name: Michael J.
    Position: Trader
    Has used product for: Less than 6 months
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Read before using

    Date: Sep 25 2022
    Summary

    In the fast paced world of crypto these guys are honestly a joke. I had to use them as a third part payments option for a new platform I'm trying out. Not until I make the transition do they advise it may take 48 hours and not the 24 they alluded to.

    Even 24 hours these days is a joke. On a separate platform I transferred a larger amount and including creating the account money was transferred in 2 minutes.

    I send a support ticket now to be advised that will be 24 hours as well. You won't survive in this industry with time frames like that

    Positive

    Nothing read the summary and Google other reviews.

    Negative

    Yes they well could be 🤣 as I don't have my money yet.

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  • Reviewer Name: Adam Z.
    Position: IT
    Has used product for: 2+ Years
    Uses the product: Monthly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Complete garbage

    Date: Oct 30 2022
    Summary

    I don't understand my account is on hold for a reason you guys cant tell me because of the law what BS are you guys pulling here? Why can't you tell me why my account is on hold? I've been using your service for few years without any problems and now no help, no support.

    Positive

    Was easy to use, worked with my bank in Canada, never had to contact support after an hour to so the bitcoin will show up.

    Negative

    Never had problems till now, now support is giving me false information and claiming that due to the law they can not tell me no information about my account on their own servers.

    Read More...
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