Oxygen7 can also provide business remittance services which cater to business-to-business payment cases by utilising stablecoin as the conduit of transfer for a more cost effective and faster cross-border transfer.
OxPay Financial's subsidiary Oxygen7 has been given a financial services licence to provide regulated money services in Bhutan's Gelephu Mindfulness City.
Under terms of this licence, which is given by the Gelephu Financial Services Office, Oxygen7 can provide merchant payment services that enable businesses to accept payments in the form of credit card, e-wallets, and crypto currencies from a global customer base without being exposed to price volatility.
