- Cryptostone, a player in the crypto branch of the cross-border payments sector, has confirmed its new payment gateway approach – involving no Know Your Customer checks and a simplified approach to anonymous finances.
- It will be possible for the new system to be run from anywhere in the world and it will be compatible with application programming interfaces (APIs).
- “Users in the CRYPTOSTONE ecosystem can always use their crypto payments gateway on their website to offer their consumers an alternative payment method,” said the company in a statement.
Cryptostone, a provider of cryptocurrency platform services in the online money transfer sector, has revealed its new payment gateway approach.
The firm has announced the arrival of its crypto payment gateway, which it says forms part of an “anonymous financial ecosystem”.
The project, which is entirely anonymous, has no Know Your Customer requirements – making it unusual for the sector.
The team behind the project has now launched the new gateway with a view to improving the situation for those transferring money who run into problems with Know Your Customer regulations.
It will be possible for the new system to be run from anywhere in the world, according to press reports.
It will be compatible with application programming interfaces (APIs).
Users will also be able to perform real-time tracking to see where their money is.
In a statement, the company shared more details about the way that the new system will work.
“Anyone from anywhere in the world can use the crypto payment gateway to pay businesses with cryptocurrencies.
“With their CPG API & plugins, users can track real-time and connect transaction systems to their e-commerce solutions,” it explained.
“Users in the CRYPTOSTONE ecosystem can always use their crypto payments gateway on their website to offer their consumers an alternative payment method.
“People can trade swiftly and discreetly using Cryptostone’s centralized exchange. They can even create their cryptocurrency exchange and transact in a fully decentralized and peer-to-peer manner with their decentralized exchange.”
Cryptostone is a relatively unusual provider in the crypto-based payments industry.
“Cryptostone is neither a local nor a national project. Cryptostone is a blockchain-based decentralised ecosystem that provides decentralised services to individuals worldwide.”
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