With this step, the company gains a foothold in the much coveted pound sterling market of the United Kingdom to release its products from there to the world. Regarding the acceptance of innovative payment methods, the company sees the United Kingdom as an ideal place for the English-speaking world.

“As a financial service provider in the field of cryptocurrency, London is a must for our company to be able to operate internationally.” – Stanislav Tavest, Analyst Developer

GS&MaStellar taps into a completely new field of business and makes a crucial first step to position itself as a crypto payment service provider in order to compete with fintech companies.

Furthermore the company plans to provide its intersections of payment processing to the in-house-developed crypto exchange through a so-called crypto payment platform to third party providers. These providers can in turn accept and manage payments in cryptocurrencies via those intersections, just as it is already possible with credit cards for example.

GS&MaStellar plans to provide access to 14 countries. In order to do so, the cryptocurrency BitcoinPoS will play a central part due to its innovative properties that offer unique possibilities of fast payment processing and security through blockchain technology in one.

“Our company sees enormous potential in BitcoinPoS, not only because of its very fast payment transaction processing, but also because of its high degree of efficient data usage, transaction security and reliability through the characteristics related to the blockchain technology.” – Ladislav Razhalovskyi, Blockchain Developer 

The integration of the GS&MaStellar solution simplifies trader onboarding and enables them to a simpler installation of the payment options. Traders decide based on their needs and customer preference which products in relation to payments of cryptocurrencies they wish to integrate.

In the initial phase, payment transactions for online trading are offered, first test phases for designated projects will be executed shortly.

The advantages of the company in this planned undertaking are that it serves as an intermediary itself between the client and the seller.

Due to the advent of new technological developments like NFC and mobile banking on mobile devices, as well as the increasing spread of e-commerce, new and comfortable payment methods have come to the fore. Coupled with an ever increasing interest in cryptocurrencies, GS&MaStellar offers traders the possibility to multiply sales revenue through the acceptance of cryptocurrencies.

“GS&MaStellar is following this trend and will offer revolutionary solutions in connection with blockchain technologies and cryptocurrencies. With a professional sales force at our side, we can reach new heights, of which all participants will profit.” – Ladislav Razhalovskyi, Blockchain Developer 

The company plans to facilitate three types of payment systems: internet payment systems, mobile payment systems and subsequently stationary payment systems.

Payment transactions in the areas B2B (Business to Business), B2C (Business to Customer) and P2P (Person-to-Person respectively Peer-to-Peer) are to be systemized according to payment options and a simple and safe payment and usability utilization for the clients is to be implemented.

New offices are planned for Asia and North America for 2022.