The payment industry wakes up to new headlines of progress in one area or another. Secure trading has been making moves to offer services to digital currency businesses through its Original Card Transaction project.
Its concept was promising but many observers did not see it go live so soon. But early this month, Secure Trading and its acquiring branch, acquiring.com, went public with its first success when it onboarded CoinLoan.
CoinLoan is a growing peer-to-peer service that offers loans backed by cryptocurrency assets. The lending service named SecureTrading & acquiring.com its payment gateway provider and merchant acquirer.
Coin load users can have access to loans up to 60 percent of the digital currency’s present market worth, which allows a person to invest on digital currencies without draining their pockets.
The peer-to-peer loan service provider said it will use Secure Trading’s payment service because it will connect flawlessly with its existing systems.
On top of that, CoinLoan is also looking to reap the benefits of the Secure Trading’& acquiring.com’s Original Card Transaction (OCT) platform. OCT enables the processing of refunds without the need to go back to the original approval. Furthermore, these ‘refunds’ can be more than the initial payment and …Read more