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TALLINN, Estonia, November 10, 2021 (GLOBE NEWSWIRE) – Recently, the e-commerce platform for buying and selling cryptocurrency Alfacash Store announced the partnership with one of the leading payment processing providers BCB Group which aims to introduce additional options for SEPA (Single Euro Payment Area) are transferred to platform users in Europe.
SEPA is a pan-European network that makes cross-border transfers faster and easier between EU countries, UK, members of European trade associations and 4 micro-states.
Thanks to this partnership, for the citizens of the mentioned countries, Alfacash store Now offers SEPA Credit Transfers for inbound and outbound payments with cryptocurrencies in a fully non-custodial, regulated and automated process. European users will be able to take advantage of SEPA transfers only for a fixed amount of 1.5% in both directions.
The process of making a SEPA transfer is simple and only includes a few steps. When logging into the Alfacash Store account, the system prompts a user to set the amount to buy or sell the cryptocurrency, choose the payment method (SEPA in this case) and provide a cryptocurrency address.
Second, the system provides the data to be entered during a traditional SEPA bank transfer process. The transaction proceeds like any other transfer. Finally, when verifying the arrival of funds, the system sends the cryptocurrency to the address defined previously.
If the account is not verified, the system will ask you to complete the KYC procedure. More information about this process is available via the special guide useful for setting the address or minutes with Sumsub to verify the account.
Alfacash Store representatives said the addition of SEPA payment is just one of the company’s planned milestones for the year. The company aims to introduce its own card program and support international bank cards worldwide (payment / payment functionality).
About the company
Alfacash store is a fully regulated e-commerce platform for buying and selling cryptocurrency that offers the fastest and most secure way to trade digital currencies in the EU. Platform users can already trade over 19 cryptocurrencies for euros (EUR), including Bitcoin, XRP, Ethereum, Litecoin, Monero. Find the full list of supported cryptocurrencies here. More information is available in the blog posts, YouTube channels, Telegram, and Twitter.
BCB Group is a leader among crypto-fiat payment processing providers in Europe. This company is duly regulated in the UK and Switzerland. In addition, their subsidiary BCB Group has been operating since 2020 with a license from the Financial Conduct Authority (FCA) of the United Kingdom.
Related links
https://blog.alfa.cash/2021/10/26/alfacash-store-improved-sepa-transfers-bcb-payments/
https://www.bcbgroup.com/alfacash-store-improve-sepa-transfers-along-with-bcb-group
Media contacts
Company: Alfacash Store
Email: [email protected]
Website: https://store.alfa.cash/
Twitter: https://twitter.com/alfacash_crypto
THE SOURCE: Alfacash store
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