Cryptobuyer, a digital currency payments gateway, has partnered with Liquid to integrate Quick Exchange, easing the process of accepting and swapping between digital tokens.
The accepted funds by the merchants will be instantly settled in stablecoins or fiat currencies straight to their Liquid wallet.
Announced on Wednesday, this is the first integration of Quick Exchange as a payment gateway at checkout or as an instant coin swap for merchants and customers who want to use crypto as cash.
“This partnership is a game changer for Cryptobuyer, giving us added value with the Quick Exchange,” Jorge Farias, CEO of Cryptobuyer, said in a statement.
“Now Cryptobuyer can offer a unique service in Latin America, obtaining liquidity, simplifying swaps for our customers, getting access to more than a hundred of cryptocurrencies, and allowing us to include XPT in a world-leading exchange such as Liquid by Quoine. Now, it’s time to grow and expand.”
Understanding the Gaps in Forex TradingGo to article >>
According to Liquid, Quick Exchange will allow traders to deposit fiats on the exchange in less than ten seconds and swap it for digital assets “as quick as a flash.”
Last year, the Japanese firm also integrated its product on Liquid Pro, its flagship mobile trading application.
A major cryptocurrency payments network
Launched in 2015, Cryptobuyer offers an online crypto brokerage, a crypto ATM network, and a point of sale solution. Its customer base is primarily in Latin America with more than 400 merchants on-board, according to the company.
The partner list of crypto gateway includes Burger King, Intercontinental Hotels, Samsung, Selina Hotels, and retail store chains like Traki and Panafoto.
The company is now planning to expand its services in Spain as well, making an entrance in Europe.