Link, checkout or API
Share a payment link, redirect to a hosted page or create payments through the API from your own site.
Stablecoins · Seychelles
Accept USDT and USDC payments in Seychelles
Collect USDT and USDC payments in Seychelles through a payment link, hosted checkout or API, using the assets and networks enabled for your account.
Create a business account
Stablecoin payments in Seychelles 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 SCR. 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 Seychelles 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.
Accepting stablecoins in Seychelles: SCR records and FSA rules
Seychelles uses the Seychelles rupee (SCR), and the Central Bank of Seychelles is the only institution mandated to issue legal tender notes and coins in rupees. If stablecoin payments are enabled for your account, customers pay in USDT or USDC while your business keeps setting prices, invoicing and keeping its accounts in SCR terms. USDT and USDC are not rupees and are not issued by the Central Bank; they carry issuer, market and network risk and are not bank deposits. Decide how you will record the SCR value of each sale before you share a payment link.
Know how the FSA frames virtual asset services
The Financial Services Authority (FSA) supervises providers under the Virtual Asset Service Providers Act, 2024. The FSA says it regulates services pertaining to virtual assets rather than products, with an authorisation framework for wallet, exchange, broking and investment providers. Its FAQs add that the Act prohibits the operation of mining facilities, mixers and tumblers. This framework covers service providers; it does not mean any payment provider is authorised for your business. Check with the FSA or a local adviser how these rules apply to your own activity.
Check whether your own activity is in scope
According to the FSA, the VASP Act applies to all persons providing virtual asset services in or from within Seychelles, including Seychelles-registered companies such as IBCs, and those providers must also meet AML/CFT requirements and the Financial Consumer Protection Act, 2022. Accepting a stablecoin for your own goods is different from holding or exchanging assets for clients, but where the line falls is a legal question: check with the FSA before offering anything beyond payment for your own sales. The FSA also publishes the persons it authorises, so check any counterparty there.
Fulfil only after the payment is confirmed
Release goods or services only once the payment shows as confirmed in your ZyndPay workspace, never because a customer sends a screenshot or a transaction hash in chat. Before fulfilling, compare the asset, network and amount with what the checkout displayed. If you refund, send it in the same asset and on the same network the customer used, to an address the customer confirms, and record the SCR value of both the sale and the refund. A payment sent on the wrong network may not be recoverable.
The Central Bank of Seychelles and the Financial Services Authority describe Seychelles’s currency and virtual asset rules. These sources do not establish a ZyndPay licence, partnership, regulatory approval, or availability for your account.
FAQ
Your questions. Answered.
Can a business in Seychelles 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 Seychelles 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 SCR?
You keep your prices and accounts in SCR. 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.
Does Seychelles law prohibit any virtual asset activities?
The FSA’s FAQs state that the Virtual Asset Service Providers Act, 2024 prohibits the operation of mining facilities, mixers and tumblers. Accepting stablecoin payments for goods is not among the prohibited activities the FSA lists there; check with the FSA for your specific case.
How can a business check whether a virtual asset provider is authorised in Seychelles?
The FSA states that it publishes on its website all persons authorised or licensed to offer non-bank financial services, including virtual asset services. In a public notice, it reminded consumers to check whether providers are actually licensed or authorised, and it offers a form to report suspected unlicensed activity.