COINQVEST provides cryptocurrency payment processing so that a business can accept and settle payments in Bitcoin, Ethereum and Stellar Lumens while also keeping accountants and tax authorities happy. COINQVEST, in conjunction with the Stellar blockchain technology, also allows the business to receive national currencies like EUR, USD or NGN regardless of whether their customers choose to pay in Bitcoin, Ethereum or Stellar Lumens.
Sam and Stefan (co-founder of COINQVEST) discuss the COINQVEST service and how it leverages the Stellar blockchain technology to provide digital cryptocurrency payment processing. Stefan shares his appreciation for the funding received through the Stellar Community Fund (SCF) and how the SCF helps lengthen the runway for startups like COINQVEST. He goes on to explain why COINQVEST chose the Stellar technology and provides a quick explanation of how Stellar's path-payment feature works. The episode ends with an overview of how a shop owner can get started with COINQVEST to reach new customers and do so with plugins that work with the top e-commerce platforms - Wordpress, WooCommerce, Shopify, and Magento.