Press Jun 30, 2022 2 min read

Zavod-IT: Coiner.cab Service for Accepting Payments in Cryptocurrency

On June 28, 2022, ZAVOD-IT announced the creation of a service to accept cryptocurrency payments.

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Aleksandr Protsiuk Fractional CTO - Sunnyvale, CA
Published Jun 30, 2022 Updated May 13, 2026 Read time 2 min
Zavod-IT: Coiner.cab Service for Accepting Payments in Cryptocurrency
On June 28, 2022, ZAVOD-IT announced the creation of a service for accepting payments in cryptocurrency.
 
In April 2022, the director of the IT company Alexander Protsyuk offered his employees to receive their salaries in cryptocurrency.
 
Sanctions have had quite an impact and continue to affect the life of international companies. Businesses have difficulties in settlements with foreign counterparties and accepting payments from abroad. In addition, foreign cryptocurrency exchanges block the accounts of ordinary users and for June 2022 there are no preconditions for improvement of the situation and easing of restrictions imposed by cryptocurrency exchanges.
 
The company's employees have responded positively to this innovation and the majority of employees actively use the opportunity to receive part of their salary in digital currency. Following the successful experience with the transfer of crypto wages to employees, Alexander decided to create his own service to help businesses accept and make payments in cryptocurrency - Coiner.cab.
 
We interact directly with blockchains and control this integration ourselves without layers in the form of regulatory bodies. Each of our clients creates a personal crypto wallet that they control themselves. Many people liked it and began to adopt this experience in their relationships with their employees. This solution also allows us to move customer relationships into the crypto plane.
 
 
Every business using coiner.cab can create a cryptocurrency payment acceptance account in two clicks, which they can insert into any of their websites and start accepting payments immediately.
 
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Aleksandr Protsiuk
Fractional CTO - Sunnyvale, CA

15+ years building software products. 200+ projects delivered. Winner of APIWORLD 2024 Hackathon in Silicon Valley. I work as a fractional CTO for startups -- handling architecture, AI-first delivery, hiring, and technical due diligence so founders can focus on growth.

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