The mainstream South African cryptographic money trade, AltCoinTrader, has empowered its customers moment EFT stores straightforwardly from their financial balances.
Dissimilar to other crypto trades that are constrained to withdrawals from explicit banks, the new element isn’t restricted to a particular ledger, thanks to a limited extent to an organization with the main South African installments fintech, Ozow.
The Ozow installment entryway goes about as an intermediary between the purchaser/client and the bank and the outcome is moment and secure installments.
Ozow isn’t an application that you need to download and spare your web based financial subtleties or charge card and check card subtleties.
You just go onto the site from which you wish to make a buy.
To utilize the new assistance, here are the means:
- Select ‘Deposit’
- Click on ‘ZAR – South African Rands’ drop down menu
- Select ‘Ozow’
- Enter bank account details
Speaking about the new feature, Richard de Sousa, CEO, AltcoinTrader, said:
“We’re really excited to offer this feature to our clients,” said in a statement to SA Crypto. “There are many times that clients see an opportunity in the crypto or gold and silver markets and they need to deposit more Rands into their AltCoinTrader accounts quickly. Now we are able to offer our clients exactly that.”
About 3 months ago, iCE3X exchange, the oldest and pioneering South African digital assets exchange, integrated with Ozow Pay secure payments allowing a ZAR deposit in under 60 seconds for free.
This made iCE3X the first exchange in South Africa to offer instant deposits from a South African bank.
Since 2013, Ozow has onboarded and continues to serve big players in South Africa that includes:
- Hollywod Bets
By enabling Ozow payments on South Africa’s favourite cryptocurrency exchange, AltCoinTrader, traders can now buy Bitcoin and other cryptocurrencies faster. Ozow opens the world of e-commerce to the masses by allowing for instant payment at a fraction of the price.
Think of it as a new way to shop for cryptos online which is:
- Instant notifications
- Hassle free
- No registration needed
- Fast payments
The addition of 2 crypto exchanges into the Ozow fintech payment partners is a big step for the crypto space in South Africa.