The present disclosure includes a system and method for interchangeable virtual currency in an electronic payment processing network. The method includes receiving a transaction request initiated by a point-of-sale (POS) device including a payment device identifier and a transaction amount in a fiat currency. The method also includes determining a virtual currency identifier associated with the transaction request based on the payment device identifier. The method further includes determining an issuer system based on the payment device identifier and transmitting a transaction authorization request to the issuer system including the transaction amount and the virtual currency identifier. The method further includes receiving a transaction authorization response from the issuer system associated with a completed exchange of the virtual currency into the fiat currency. The method further includes transmitting a transaction response to the merchant system associated with an approved transfer of the transaction amount in the fiat currency.

Creative Commons License

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.