Link, checkout or API
Share a payment link, redirect to a hosted page or create payments through the API from your own site.
Stablecoins · Cabo Verde
Accept USDT and USDC payments in Cabo Verde
Collect USDT and USDC payments in Cabo Verde through a payment link, hosted checkout or API, using the assets and networks enabled for your account.
Create a business account
Stablecoin payments in Cabo Verde depend on your account, its verification and the assets and networks enabled.
USDT
USDCStablecoin payments
Your prices in local currency.
Your customers pay in USDT or USDC while you price and keep your accounts in CVE. The checkout shows the asset, network, amount and address for each payment, and your merchant workspace tracks its confirmation. Assets, networks and limits depend on your account and its verification.
Exact instructions for every payment
The customer sees the asset, network, amount and address to use. Sending on the wrong network can lose funds.
Confirmation tracking
Fulfil only when the payment shows confirmed in your merchant workspace, never on the strength of a screenshot.
Know the risks
Stablecoins are designed to track the US dollar but can deviate. They carry issuer, market and network risks and are not bank deposits.
How it works
Create your business account
Register your business in Cabo Verde and complete the required verification. Enabled features appear in your workspace.
Create the payment
Generate a link, a checkout or an API payment for the order amount.
The customer pays in stablecoins
The customer sends the exact asset on the stated network to the address shown for that payment.
Reconcile and fulfil
Track the confirmation in your merchant workspace, then process the order.
Stablecoin payments in Cabo Verde: what to check before you accept them
Cabo Verde’s currency is the Cabo Verdean escudo (CVE), and the Banco de Cabo Verde (BCV) holds the exclusive right to issue its notes and coins. If stablecoin payments are enabled for your account, your customers pay in USDT or USDC while your business keeps setting prices, invoices and accounts in CVE terms. Decide how you turn a CVE price into a stablecoin amount at checkout, record both figures for each order, and remember that a stablecoin is not a bank deposit: issuer, market and network risk stay with whoever holds it.
What the Banco de Cabo Verde has said
On 29 March 2018 the BCV published an alert on the risks faced by anyone who acquires, holds or trades virtual currencies. It relays supervisors’ warnings that these assets are not guaranteed by a central bank or national authority, are not legal tender and are very insufficiently regulated. Factor these warnings into your own risk assessment before deciding how much of your sales to receive in stablecoins, and present USDT or USDC as an option the customer chooses rather than the only way to pay.
The virtual-asset framework since 2023
Lei n.º 30/X/2023 of 21 June 2023, published in the Boletim Oficial, regulates the provision of services with virtual assets and the creation of digital banks. Aviso n.º 2/2024 of 28 May 2024 regulates the registration of entities that intend to carry out activities with virtual assets, and Lei n.º 41/X/2024 of 12 August 2024 sets the legal regime for digital services and e-commerce. These texts are not guidance tailored to your business: check with a qualified adviser in Cabo Verde which obligations apply to your sales and records.
Confirm, then fulfil; refund like for like
Before you ship goods or deliver a service, open the payment in your workspace and wait until it shows as confirmed for the exact asset, network and amount displayed on the checkout. A customer’s screenshot or transaction message is not proof of payment. If you agree a refund, send it in the same asset and on the same network the customer used, to an address they confirm in writing, and keep the order reference, the CVE price and the stablecoin amount together in your records.
These Banco de Cabo Verde and Boletim Oficial pages describe Cabo Verde’s currency and its texts on virtual assets. They do not establish a ZyndPay licence, partnership, regulatory approval, or availability for your account.
FAQ
Your questions. Answered.
Can a business in Cabo Verde accept USDT with ZyndPay?
If stablecoin payments are enabled for your account after verification, you can create USDT and USDC links, checkouts or API payments. Availability depends on your account and the checks that apply.
Do my customers in Cabo Verde need a ZyndPay account?
No. Customers pay from the wallet of their choice, following the asset, network and address shown on the payment page.
How do I price in CVE?
You keep your prices and accounts in CVE. The stablecoin amount to pay is shown to the customer before payment; check the terms and fees in your workspace before you start.
How do refunds work?
Refund in the same asset and on the same network, to an address the customer confirms. Keep the reference of the original payment.
Who issues the currency I price in?
The Cabo Verdean escudo (CVE) is issued by the Banco de Cabo Verde, which states that it holds the exclusive right to issue notes and coins, including commemorative coins. USDT and USDC are not issued by the BCV.
Are virtual currencies legal tender in Cabo Verde?
The BCV’s 2018 alert relays supervisors’ warnings that virtual currencies are not guaranteed by a central bank or national authority and are not legal tender. For how this affects your contracts or invoices, check with a qualified adviser in Cabo Verde.