How Businesses Can Work with Cryptocurrencies Using a Single System like CoinsPaid
What value will accepting cryptocurrencies bring to businesses? Will it be safe for companies to deal with cryptocurrencies, and if yes, which is the right crypto payment gateway to use? To get answers to these questions, an organization that can facilitate smooth cryptocurrency operations at a reduced cost globally is the solution. Often companies get hounded by convoluted processes, multi-window approaches, and little safeguard against malicious attacks. This is what takes them away from working with cryptocurrencies.
Modern times need modern solutions, the only need is to understand where the problem lies. There have been several prolific organizations like CoinsPaid which have entered the scene to offer seamless, secure, and reliable solutions to problems related to cryptocurrency payments and storage for both businesses and individuals. It’s time to move up the ladder and understand what the market has in store.
Newer organizations are making smarter moves
New revolutionary concepts have emerged in the sector that provides cryptocurrency payment services and personal wallets. For instance, Coinspaid allows customers to operate at a global level reaching out to the most inaccessible markets at affordable costs because of its home-grown cryptocurrency services and wallet app. The need is critical not just in B2C but also in B2B segments. B2BinPay® is a global cryptocurrency payment provider for Merchants and Enterprise clients. It lets businesses send, receive, store, exchange, and accept CryptoCurrency Payments online, safely, securely, and cost-effectively across the world in a matter of minutes. Likewise, Crypto processing, allows companies to remove obstacles associated with integrating cryptocurrencies as a payment for goods and services.
Cryptocurrencies are essential for any business
Traditional finances have many loopholes that only a robust system for dealing with cryptocurrencies can fill. The three following points further support the argument as to why businesses need crypto:
- Compared to routine and standard banking services, blockchain transactions are considered more reliable. There are no holidays and weekends off with blockchain, making it functional round the clock. Businesses can ensure quick transactions, depending on their needs and requirements.
- These standard payment services are always subject to higher fees from the acquiring bank.
- Volatility used to be a significant issue, though it’s not a pressing problem anymore. Many stablecoins are pegged to the value of the US dollar. A seller or a manufacturer can choose the cryptocurrency in which they would like to accept their payments.
Multi-Currency crypto wallet – A much-needed tool to ease pain points
Robust, secure, and dependable – these are the quintessential features we look for in any wallet. There are multiple advantages of using multiple cryptocurrency wallets. It allows users to not just execute transactions but also benefits from instant payments with a multitude of currencies. In today’s times, compared to the erstwhile wallet solutions, multi-currency wallet offers built-in crypto exchanges because it does not want the customer to wander away. Hence providing everything at one go, under one roof, the process becomes smoother for businesses to execute. We have several names that have upped their game in terms of providing a single wallet with multi-currencies like Ledger Nano, Ledger Blue, Coinomi, Exodus, Coinspaid, and a lot more. If your business wants to avoid recurring payments that happen every month, some of these wallets also have a seamless deposit service available with a single sign-in feature. Now, individuals and companies can send and receive cryptocurrencies with absolutely zero commission between the users of the respective wallet company.
The wallets also have become technology upgraded and offer intuitive UX supporting dozens of currencies. Not all but many of these multi-currency wallets also support fiat-on-off ramp with their own native mobile apps. Companies are investing in technology, all for a unified location to get value for their crypto transactions.
Secure and dynamic applications for B2B crypto payment gateway
The entire B2B landscape is introspecting the role and advantages of cryptocurrencies replacing traditional systems of payment services to online merchants. The proposition of engaging in cash or any such modes is seen as obsolete and businesses are fast considering secure crypto payment services for due diligence. Using cryptocurrencies in B2B payments on secure platforms provides less expensive and secure alternatives to cash and safeguards the privacy while execution of transactions.
Using a well-established crypto payment service is the preferred choice in several industries, especially the iGaming industry, especially on popular platforms like BitStarz and True Flip. These secured and licensed service providers help businesses in the iGaming industry by supporting loadful of cryptocurrencies with instant confirmation in several cryptos like Bitcoin, Litecoin, Ethereum, etc. B2B businesses can also benefit from on-demand settlements in different fiat currencies with instant exchange facilities. The benefits are many and varied depending on which platform you choose, but the best ones offer:
- Zero mining fees when sending Bitcoin
- Optimized payment flow, with multiple invoicing options
- Flexible fee plans for merchants depending on their turnovers
- Integration with Praxis, Devcode, and Betconstruct
Why businesses should opt for a single system
It offers a bunch of benefits:
- The competitive pricing model with a rapid and straightforward API for its operations.
- 24/7 technical support
- Security and the authenticity of turnkey business solutions with yearly audits from independent third-parties.
- Instant transaction confirmations for popular currencies,
Top-notch organizations such as CoinsPaid offer reliable solutions to businesses to explore and reveal the power of cryptocurrencies. They remove all obstacles in accepting cryptocurrency as a payment method by providing intuitive, world-class technology and above-and-beyond service.