RocketFuel Blockchain Inc (OTCQB:RKFL) told investors it has entered into a strategic partnership with AvecPay, a platform that provides a comprehensive payment and e-commerce solution for merchants in the Latin American region.
CEO Peter Jensen commented in a statement: “RocketFuel works with several partners around the world enabling their merchant to accept Bitcoin and over 150 cryptocurrencies, to do payouts and B2B cross border payments. The growing adoption of cryptocurrencies in Latin America demonstrates the demand for faster, more secure, and cost-effective payment methods.”
The company noted that its payment solution leverages blockchain technology to overcome the challenges posed by market volatility. By utilizing stablecoins, cryptocurrencies can be converted seamlessly onto FIAT currencies, it said, allowing merchants to conduct transactions without worrying about fluctuations in crypto values.
“Besides working with RocketFuel’s cryptopayment solution, AvecPay will be launching an online marketplace where merchants anywhere can place their products and get paid in crypto,” AvecPay CEO Christian Cálix added.
“We are convinced any business can attract new clients and increase revenue by accepting crypto payments.”
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