Cryptocurrency Exchange crypto market has partnered with Chilean payment platform flow in order that customers will get permission to pay with 3 cryptocurrencies on over 5,000 stores. The announcement follows the decision of two Chilean courts that banks will have to re-open accounts of the previously closed exchanges.
Accept cryptocurrencies in 5,000+ stores
Chilean Payment Platform Flow integrated Cryptocompra into its system. Customers who purchase on merchants using Flow can now choose to pay with Cryptocurrencies throughout the checkout process.
Flow claims that over 5000 stores with more than 180,000 monthly transactions and more than 20,000 customers are currently being serviced.
Chile, Argentina, Brazil and Europe are now available for business in Cryptocompra, “allowing traders to accept payments quickly and easily in bitcoin.
On its website, the fee for 0.90% of the next-business-day payment with Flow Cryptocurrency. By comparison, the payment with credit card is 4.99%, using WebPay plus 4.99% to receive payment for the next business day.
Fight between banks and crypto exchanges
In Chile, the crypto exchanges are struggling with banks to close their bank accounts. In April, the Court ordered Chile to reopen the accounts of crypto exchanges, including cryptomkt. In May, Banco Estado obeyed to the Exchange’s account and reopened it.
Earlier this month, the Fourth Chamber of the Court of Appeal of Santiago had ruled in favor of the Cryptocurrency exchange Orionix against Banco Estado to close his account.