The London-based firm is an innovative company focused on providing crypto merchants with crypto friendly banking and financial services. CoinAcquiring is now able to assist businesses as they set up bank accounts. The new features that the company now offers include:
- Accounts in multi-currencies such as GBP, EUR, USD, AUD, CAD, CHF, CZK, DKK, HKD, JPY, NOK, PLN, RON, SEK, ZAR
- SEPA instant credit transfers
- Virtual IBANs for sub-customers
- 0% foreign exchange
- Wire/SWIFT transfers
- Physical and virtual debit cards
These exciting new features are worth noting due to the difficulty that crypto merchants face with any sort of banking, such as finding a crypto friendly payment processor or other financial service product. These core services are vital for business operations and CoinAcquiring is excited to offer a service which takes the headache of financial administration away from the company and makes the process easy and straightforward.
Using CoinAcquiring services also adds a layer of security to the administration owing to its strong banking relationships. If CoinAcquiring is involved in the process, it means that banks are more likely to consider a company, and not simply turn the business away.
Backed by a number of cryptocurrency and financial services veterans, CoinAcquiring is a stepping stone for cryptocurrency merchants to successfully enter the industry in the most hassle-free way possible.
David Jones, the Senior Payments Consultant for CoinAcquiring, commented:
“Offering crypto friendly bank accounts to our services is a huge milestone for both us and the crypto industry. We are very excited to be the channel through which crypto merchants can gain access to fiat based payment processing services without any issues. We know how difficult fiat to crypto payment processing can be to set up, and we want to create a space where crypto businesses can focus on the exciting aspects of the industry without having to worry about whether the bank will accept their business model.”