Secure Trading, chosen by CoinLoan to enter the crypto field

Thursday 23 May 2019 13:55 CET | News

Peer-to-peer cryptocurrency lending start-up CoinLoan has chosen Secure Trading Group and to provide payment gateway and acquiring services.

The two companies, Secure Trading and, have announced that they have begun life in the cryptocurrency vertical after being asked to provide payment gateway and merchant acquiring solutions for CoinLoan.

CoinLoan is a peer-to-peer lending platform for crypto-asset-backed loans, which allows users to borrow up to 60% of the cryptocurrency’s current market value. This means that the platform enables and encourages people to invest on crypto currencies, without making them cash poor. Secure Trading’s payment solutions have been taken onboard as they integrate with CoinLoan’s existing platform.

Moreover, CoinLoan will benefit from Secure Trading and’s OCT (Original Card Transaction) system. The OCT permits refunds to be processed without referring to the original authorisation. These refunds can be paid out to a different card than the one used to pay.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Secure Trading,, cryptocurrencies, CoinLoan, P2P, payment gateway, acquiring services, crypto vertical, merchants, lending platform, loans, partnership, authorisation, payments
Countries: World

Industry Events