Russia’s A7 Fintech Launches International Crypto To Bank Payment Service

Russian fintech company A7 has launched the world’s first global payment service that allows customers to make cross-border transactions using cryptocurrency, allowing customers to pay using USDT, while recipients receive conventional bank transfers through SWIFT without having to handle cryptocurrency themselves. The service was launched on October 13. Payments are available in US dollars, euros, Chinese yuan and UAE dirhams and carry a commission of 0.3%. Transfers take just minutes.