Yacuna Introduces Secure Instant Payments Using SOFORT Banking and iDEAL

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by Egor Pavlovich · 3 min read
Yacuna Introduces Secure Instant Payments Using SOFORT Banking and iDEAL
Photo: Yacuna Group

Yacuna Group releases instant payment using SOFORT Banking and iDeal Payment in seven European countries

London, December 2, 2014 – The UK-based Bitcoin exchange Yacuna.com introduces fast and secure instant payments. Yacuna’s customers are now able to trade Bitcoins, Dogecoins and Litecoins on an even simpler method using their classic online banking data.

The instant deposits at Yacuna.com are supported in seven European countries. In order to provide its customers with instant payment, the Yacuna Group integrates the two service providers SOFORT Banking and iDEAL Payment.

“Digital money can be transfered within a few seconds between customers. However, most of them have to resort to traditional currencies to make their initial investment in Bitcoins, Dogecoins and Litecoins,” said Andrei Martchouk, CEO of the Yacuna Group.

“The classic SEPA transfers usually take some extra time, but financial transactions should not last an eternity in the digital age. By accelerating the Euro depositing at Yacuna.com with instant payments, we give our customers to innovative financial instruments while significantly advancing in contrast to our competitors. Our goal is to provide digitally added value for our customers,” he added.

iDEAL, the 2nd payment method which Yacuna Group integrated, makes it possible for consumers to make direct online payments in the Netherlands via the online payment systems of the largest Dutch banks. iDEAL payments have won major ground in the online payment sector in recent years thanks to real-time confirmation of payment and other features.

There are now over 13,000 webshops in the Netherlands, which offer iDEAL as a method of payment. In 2013, 62% of the consumers purchasing products and services online preferred paying via iDEAL. The primary reason consumers cited for choosing iDEAL was that it is fast, easy and safe.

The launch of the instant payment at Yacuna.com is an important step for the company’s international expansion in seven European markets including Belgium, Germany, Italy, Netherlands, Austria, Poland and Switzerland.

Customers in these countries will receive even more comfort and transparency while depositing Euro at Yacuna in order to trade the fiat currency into Bitcoin, Dogecoin and Litecoin. The Yacuna Group plans to provide instant payment in other leading international currencies such as British Pound Sterling (GBP) in the near future.

About Yacuna.com

Yacuna.com is an international trading platform for digital currencies. Registered users can easily conduct their financial transactions in Bitcoins, Litecoins and Dogecoins at yacuna.com. All crypto currencies can be seamlessly exchanged to conventional currencies (EUR and GBP).

In order to comply the regulatory standards, Yacuna cooperates with PayCo Financial Services Ltd. as Yacuna´s payment processing partner to safeguard and secure all customer funds held in conventional currencies.

PayCo Financial Services Ltd. is a FCA regulated E-Money institution (Firm 900088) as per the Electronic Money Directive. Yacuna Ltd. applies all AML & KYC requirements to comply with the FCA regulations accordingly.

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Egor Pavlovich

Egor Pavlovich is CTO of Coinspeaker and a major bitcoin enthusiast. Egor is a specialist in radiophysics and is a keen follower of new and disruptive technologies – from the first moment he discovered bitcoin he knew immediately it was something special. After beginning a bitcoin mining operation he combined forces with Siarhei in 2014 to build professional provider of news for the cryptocurrency/blockchain community. His roles at the site include monitoring analytics, handling the site’s public relations campaigns, overseeing the editorial content in an executive capacity as well as dealing with advertisers and sponsors. You can contact Egor via [email protected]

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