Coinqvest And Cowrie Integrated Systems Join Forces To Bring Crypto Payment Processing In Nigeria

  • COINQVEST is a safe and coherent enterprise payment gateway. It is the API between Fiat and digital currencies.
  • On the 9th of July 2020, COINQVEST announced its partnership agreement with the fintech company Cowrie Integrated Systems Limited.
  • On the 9th of July 2020, COINQVEST announced its partnership agreement with the fintech company Cowrie Integrated Systems Limited.

COINQVEST is a safe and coherent enterprise payment gateway. It is the API between Fiat and digital currencies. On the 9th of July 2020, COINQVEST announced its partnership agreement with the fintech company Cowrie Integrated Systems Limited. Corey integrated system incorporated in the UK and Nigeria on the 11th of July 2018. It is a private limited company that provides value-added services over electronic payment networks.

Coinqvest And Cowrie Alliance

COINQVEST and Cowrie will be working on this partnership. It will enable Nigerian merchants to add Bitcoin and Ethereum to payment options in the fields of online shopping and E-Commerce business.

- Advertisement -

This partnership can term as a payment processor partnership that allows Nigerian merchants to accept Bitcoin, Ethereum, and other cryptocurrencies online and settle directly in NAIRA.

Cowrie Integrated Systems have promised all sorts of positive impacts for enterprises wanting to update the payment processing infrastructure. In contrast, the COINQVEST platform is partnering to provide the users with the experience a merchant seeks and requires. 

Once this system made available to the merchants of this sovereign country located in West Africa, they’ll be able to accept Cryptocurrencies, convert it to their national currency i.e., to Naira, and withdraw these funds from their bank account. 

The payment gateway company, COINQVEST, promises that this development in the payment infrastructure will be a game-changer for merchants alike. Moreover, Not only this, but the sellers will also have customer transaction analysis so that they can lead their company as per the business requirements. 

Besides, both the companies have also promised complaints and accountant-friendly tax records useful during the taxations. 

Road Ahead for this Endeavor

Along with the announcement of the partnership, the co-founder of COINQVEST – Stefan Schneider stated that it would be offering the most effective and seamless way of accepting Bitcoin. Thus, Bitcoin and Ethereum are famous in Nigeria and all other African countries as well.  

How useful was this post?

Click on a thumb to rate it!

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

Download our App for getting faster updates at your fingertips.

Steve Anderrsonhttp://www.thecoinrepublic.com
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.

Similar Articles

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here

We Recommend

Top Rated Trading Platforms

Top Rated Cryptocurrency Exchange

Partners