ACCOUNT TYPES

Business accounts with the processing are for businesses who wish to accept crypto as a means of payment and avoid problems, which businesses that use crypto are faced with:

- how to identify who has paid

- how to report financial operations to a regulatory authority.

CoinsPaid processing offers an unprecedented solution:

🔹 We automatically provide for each client of our merchants with a unique deposit address which makes it possible for CoinsPaid processing to identify a user and the paid amount. We notify the business about it.

🔹 We convert crypto that was received into fiat currency and credit the business’s account with it.

As you can see, the processing is a "must-have" for businesses if they wish to accept crypto.

An affiliate’s account (this is an account for individuals as well as legal persons) displays the list of merchants integrated with their assistance and the received revenue.

The Personal Wallet (coming in Q4 of 2019) enables the user to receive, store, spend and exchange cryptocurrency an array of new features in development like a brand credit card and dedicated IBAN account for individuals, recurring payment and mass pay options, which will help with adoption of cryptocurrency in everyday life: settlements of salary, payment of bills, payment for subscription and so on.

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