The use of crypto-payments is becoming widespread in online commerce. Political and economic developments are prompting the search for reliable payment methods to attract customers, including those from abroad. In the face of sanctions, Russian companies have found it difficult to pay for goods on the websites of foreign suppliers. The acuteness of the problem of accepting international payments does not allow for much deliberation. It is time to master a convenient payment system beneficial for your online shop. The speed and security of cryptocurrency payments are important arguments for connecting cryptocurrency payments to your company's website.
So, the era of cryptocurrency has arrived, and it is developing at an incredible speed. The ability to pay in cryptocurrency is convenient for the customer, and accepting cryptocurrency payments is beneficial for entrepreneurs.
In this article, we'll look at the benefits of paying in digital currency. You'll get an idea of how the cryptocurrency payment and acceptance process works, how to connect crypto processing to your website, and how to set it up. Of course, the bouquet of benefits that a cryptocurrency payment system offers is essential.
The main benefits of cryptocurrency for you:
Cryptocurrency is money that is safe from counterfeiting.
Decentralization of crypto, its independence from the state, and political events.
Payments are instantaneous.
Digital currency is not tied to the banking system: banks cannot freeze, block, or suspend such transactions.
Absolute anonymity.
Transaction data goes into the blockchain for storage. And this means strong security.
Liquidity: instant conversion to cash.
The benefits listed are obvious, and yet something is stopping buyers and entrepreneurs. What is the reason? There are many payment systems. Perhaps by improving our financial literacy, we will make our lives easier and start actively using cryptocurrencies. Especially since the events of recent years are forcing us to change our habitual way of life. However, cryptocurrency does have one drawback: its volatility. The rate changes quickly because it is independent of the price of gas, oil, gold, etc.
In the following article, we will explain how to avoid financial losses from cryptocurrency fluctuations.
Crypto processing is a software product, a way to ensure secure transfers, acceptance, and withdrawal of funds, and mutual settlements. It is a way of accepting cryptocurrency payments and processing them on a merchant's website, online shop, or through an app.
This payment method is more profitable for the online shop than traditional methods of payment with a bank card or the use of usual e-wallets.
Let us outline some advantageous features of crypto processing:
There are no payment risks, as banks and regulators cannot influence cryptocurrency.
Cryptocurrency payments are easier to integrate than international payments.
It is an affordable way to pay when it is not possible to accept payments on your website from abroad.
It is another payment option for those shoppers who are already used to using a variety of cryptocurrencies to pay for goods and services.
You can accept payments as an individual; you don't need to register a sole proprietorship or a legal entity.
Your citizenship and location don't matter at all.
You can convert cryptocurrency into fiat currency instantly, and the volatility will not put you at a loss from fluctuating rates.
Connecting crypto processing to your website is a prerequisite for being able to use cryptocurrency payments. By connecting it, you will solve the problem of accepting and withdrawing money, as well as expand your customer audience. The conclusion is obvious: such a solution makes trading easier. In a sanctioned environment, introducing crypto processing is also about supporting your business.
Read on to find out how to connect to our convenient service.
By integrating a cryptocurrency transfer platform on your website, an entrepreneur will appreciate the following benefits:
Receiving, exchanging, and withdrawing funds at high speed.
Accepting payments from any corner of the planet.
Selling goods and services abroad, expanding the boundaries of their business.
Modern payment methods, enhancing your reputation and attracting new customers.
Increase your company's ranking relative to your competitors.
Fast conversion of digital currency into fiat money.
Buyers pay directly through the site, without intermediaries, which is important for the safety of your funds.
To be able to use cryptocurrency payments, you will need special software to enable crypto processing: smart contracts are responsible for this. These contracts are needed to secure the transaction. You will need to integrate a cryptocurrency gateway. To do this, it is best to contact a crypto processing company that has a good reputation. This way, you can definitely save time and money. You will be supported at all stages. Sometimes you can't do without prompt support.
Consider the MEEG API service. Thanks to a team of developers who provide a user-friendly interface, you will not have to work hard to learn a new tool. Integration of cryptoprocessing, or embedding the gateway to your CMS content management system, is done in two ways: via a ready-made module or via API.
The MEEG service will ensure secure transactions, which is especially important for cryptocurrency transactions because, unlike a bank transaction, the transaction is virtual, and money cannot simply be returned to the account. With DDOS attack protection, the company ensures the reliability of the service and, therefore, the safety of your funds.
In order to connect, you need to complete the following steps:
Register by entering your email address.
Enter information about your shop.
Start using the service once your details have been processed.
Customers pay with cryptocurrencies using this scheme:
They go to your website and put the selected goods or services in the shopping cart.
They go to the payment page. The user-friendly interface of the payment page allows for quick payments.
The buyer chooses cryptocurrency as the payment method. Bitcoin, Litecoin, Ethereum, Tether, and other top cryptocurrencies are most commonly used.
A specific currency is selected from the options offered.
Redirect to an electronic cryptocurrency wallet, receiving a QR code containing information about the merchant's details.
Pay using this code or manually, and if all is well, they are redirected to a successful payment page.
Once the MEEG gateway is connected, every purchase paid for with cryptocurrency gets its own address. The payment is validated by the network, and the money is credited to your e-wallet. The data goes into processing on the blockchain. You can view your transaction history, and the entire process is recorded in the blockchain. Important note: the transaction fee is paid by the buyer. And you can make a withdrawal right away.
So, cryptocurrency is becoming an attribute of modern e-commerce for many reasons. For entrepreneurs holding online shops, it's a step forward and a host of profitable circumstances. Security, expanding the geography of trade, and increasing the customer base. In short, profit. Big company or small online business — MEEG on-site crypto processing will benefit everyone!
