Link, checkout or API
Share a payment link, redirect to a hosted page or create payments through the API from your own site.
Stablecoins · Liberia
Accept USDT and USDC payments in Liberia
Collect USDT and USDC payments in Liberia through a payment link, hosted checkout or API, using the assets and networks enabled for your account.
Create a business account
Stablecoin payments in Liberia 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 LRD. 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 Liberia 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.
Taking stablecoin payments in Liberia: what to check before you start
Liberia’s currency is the Liberian dollar (LRD), issued by the Central Bank of Liberia (CBL), which a 2021 Joint Resolution of the National Legislature authorized to print and mint a new family of Liberian currency. If stablecoin payments are enabled for your account, customers pay in USDT or USDC while your business keeps setting prices, issuing invoices and keeping its accounts in LRD terms. Stablecoins are not Liberian dollars and are not bank deposits: they carry issuer, market and network risk that your pricing and records should reflect.
What the Central Bank of Liberia has said
In a public notice dated 15 May 2021, the CBL said it had not approved any license for The Abundance Community Coin (TACC), which planned to launch a cryptocurrency in Liberia, to transact financial business. It described the attempt to introduce a digital financial product without adherence to the required regulation as illegal and urged the public to exercise due caution. The notice concerns that one organization. Check with the CBL or a qualified adviser how current rules apply to your own activity.
Know your anti-money laundering position
Liberia’s Financial Intelligence Agency (FIA) states that under the AML/CFT Act of 2021, reporting entities must identify, assess and monitor money laundering and terrorism financing risks and file suspicious transaction reports, currency transaction reports and other reports with the FIA. It names financial institutions, designated non-financial businesses and professions, and FinTech as reporting entities, listing virtual asset service providers under FinTech. Keep a clear record of each stablecoin order and its LRD value, and check with the FIA or your adviser whether your sector carries these duties.
Fulfil only after confirmation, refund like for like
Release goods or services only once the payment shows confirmed in your ZyndPay workspace, with the asset, network and amount that the checkout displayed. A screenshot, a transaction hash sent in a chat or a customer’s word is not proof of payment. If you refund, send the same asset on the same network to an address the customer has confirmed, and record the refund against the original LRD-priced order so your books stay consistent.
These Central Bank of Liberia and Financial Intelligence Agency pages describe Liberia’s currency, a 2021 central bank notice and AML/CFT reporting duties. They do not establish a ZyndPay licence, partnership, regulatory approval, or availability for your account.
FAQ
Your questions. Answered.
Can a business in Liberia 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 Liberia 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 LRD?
You keep your prices and accounts in LRD. 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 Liberian dollar?
The Central Bank of Liberia. In August 2022 it said that a May 6, 2021 Joint Resolution of the National Legislature authorized it to print and mint a new family of Liberian currency, made up of L$5 and L$10 coins and L$20, L$50, L$100, L$500 and L$1,000 banknotes.