How Can This Be Done Legally? At the point-of-sale the buyer is informed they are purchasing a non-refundable crypto-token.
Furthermore, the customer will understand that within seconds of submitting payment, our blockchain network will convert that USD Coin (stable coin) into US dollars for settlement into the merchant’s bank account. Transactions are completed in less than 60 seconds.
Transactions are fully compliant with AML/BSA and FinCen legal requirements and KYCC (know your customers’ customer) legal mandates.
Virtual Token Service (VTS) is an enhanced payment processing technology developed by Visa and MasterCard. VTS essentially replaces sensitive debit or credit card numbers and cardholder data with a unique identification code called a ‘token,’ which is used during a digital transaction.
Online transactions are therefore more secure, faster, and more efficient because the customer’s card data and personal information no longer needs to be exposed to security risks during the sales process.
Wait. There’s more.
Crypto-to-fiat currency settlement allows for unprecedented speed in cash settlements to merchants, thus giving merchants financial liquidity needed to grow their business faster, especially when working with international suppliers, factories and drop-ship partners.
Algeria, Argentina, Australia, Austria, Belarus, Belgium, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Cyprus, Czech Republic, Denmark, Dominican Republic, Estonia, Finland, France, Germany, Greece, France, Hong Kong, Iceland, India, Indonesia, Israel, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, Malaysia, Mexico, Nepal, The Netherlands, New Zealand, Norway, Paraguay, Peru, Philippines, Poland, Portugal, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Tanzania, Thailand, Turkey, Vietnam
Sell Online | eCommerce
Selling From a Retail Storefront
$29.00 monthly recurring support fee
Approval Time: Three business days
Funds must settle into a USA domestic bank.
Applications WILL NOT be processed until all required documents are submitted.
Required Supporting Documents: