COINQVEST, a licensed virtual currency service based on the Stellar network that enables merchants to accept, manage, and withdraw cryptocurrency payments, today announced its collaboration with Argentina-based Anclap, a Peso Argentino anchor and financial technology service provider, to blockchain-based and inflation-free payment processing to merchants and companies in Argentina.
Anclap provides real-time bank account integration in Argentina, helping businesses protect themselves from the inflationary nature of the Argentine peso.
The COINQVEST platform offers Argentines secure payment processing for transactions in BTC, ETH, XLM and other important crypto currencies or stablecoins with settlement in international and local fiat currencies. Merchants can turn money on and off from digital wallets or stationary bank accounts.
The benefits of COINQVEST include non-custody billing, reduced costs and processing times, payouts for crypto wallets and fiat banks, customer billing and compliant records.
“Argentine traders can now sell in USD and keep a USD balance sheet to protect themselves from the devaluation of the Argentine peso. Settled funds can be automatically converted to ARS using payment channels provided by Anclap in real time. “
– Marcin Olszowy, co-founder at COINQVEST
The COINQVEST service offers solutions for developers and non-developers. A hosted checkout interface was created for lean companies with no web development staff. For companies with a dedicated development team, the powerful and well-documented API from COINQVEST with white label functionality is available for better control and customization.
“COINQVEST is redefining the digital payment industry. It brings innumerable benefits to Argentine business people and entrepreneurs. Anclap participates in this process that connects e-commerce via Argentine pesos to the local financial system, provides an on / off ramp for the network, and enables instant and secure access to new global financial services, with the PLA / FT- Regulations are fully complied with. ”
– Ivan Mudryj, co-founder of Anclap