Merchants have been challenged with the growing customer preference for a digital led purchasing experience. Cryptocurrency is gradually toping the chat as a preferred means of payment by customers in various country.
Thanks to the pandemic that led to a compulsory lockdown, more people have found their way to cryptocurrency space as a means of survival. This has led to increase in cryptocurrency adoption and the demand for a medium to spend this digital money on day to day needs.
Smart merchants that do proper research and remain on top of their game have all found a way to integrate cryptocurrency payment on their website and not lose their customers and potential customers.
Accepting cryptocurrency as payment has proved to attract new customers, provide a secure way of payment with lower charges compared with traditional means and increase in transactions and conversions. It also gives merchant an upper edge to penetrate the global market as cryptocurrency is not bound by location and can be accepted anywhere in the world.
HOW TO ACCEPT CRYPTOCURRENCY PAYMENT
There are thousands of businesses that now accept cryptocurrency as payment and if you are looking to flow with the trend, you should be in search of a means. You and your web developer do not need all the technical knowledge to accept cryptocurrency as payment, all you need is a cryptocurrency payment gateway you can trust. With that in place, you can automate crypto payment quickly and conveniently at ease. NowPayment is an effective, trusted and well known global cryptocurrency processor in use by top ecommerce brands.
WHAT IS NOWPAYMENT?
NowPayment is an instant crypto exchange that offers an easy way to accept cryptocurrency payments. It is one of the greatest payment solutions with a close relationship with Binance, Ledger, and Atomic wallet. NowPayment is working continuously to provide a convenient platform that makes it easy for merchants to accept cryptocurrency payments.
Their features includes;
• Auto coin conversion
• Instant withdrawals
• 24-hour payment window
• Stable coins
• Simple API
• Security
• Regulation Compliance
• 24/7 support
HOW TO USE NOWPAYMENT
The first step for a merchant that wishes to connect to NowPayment ecosystem is to sign up on nowpayment.io by clicking ‘start now’ on the home page, input your correct information and verify the link sent to your registration email, select outcome wallet and proceed with a new API key.
When a customer makes payment, with one of the supported coins indicated by NowPayment, their payment will be converted into the predefined crypto in merchants’ account automatically. Sellers are constantly updated with payment status via an instant notification feature.
Merchants can easily combine crypto payment with their existing sales channels via NowPayment plugins which allows integration with online shops on external eCommerce market places, such as WHMCS, or OpenCart.
Collecting fund from supporters just involves copying a paragraph of source code and pasting on the web page.
NowPayment accepts more than 50 of the most popular digital coins that is being traded regurlary on global large exchanges and held in the wallets of cryptocurrency dealers.
The coins include; BTC, ETH, LTC, XVG, BCH, VERGE, EOS, NEO, XRP, FUN, ADA, XMR, TRX, ZEC, LTC, DGB, ZEN, TUSD, BCH, BTG, WAVES, DASH, XLM, GRS, etc.
Merchants are offered an advantageous rate when they reach a specific amount of payment per month. Transaction fee is deducted from customers’ payment before it is forwarded to seller.
ADVANTAGE OF NOWPAYMENT OVER OTHER PAYMENT SOLUTION
• CRYPTO TO FIAT SOLUTION:- By offering crypto to fiat solution, NowPayment increases number of clients
• SIMPLE API: - NowPayment provides a user-friendly API as well as a range of plugins and buttons which can be beneficial for businesses that want to start accepting cryptocurrency
• MULTIPLE COINS: - Unlike most other platforms, NowPayment has option for varieties of other cryptocurrencies aside the two most popular crypto, BTC and ETH.
• FAST PAYMENT: - Transactions on NowPayment are typically completed within minuites unlike other cryptocurrency payment gateways.
• SUPPORT: - NowPayment offers assistance to users along the whole process and they attribute a personal account manager for each client.
• FUNDS CONTROL: - As a non-custodial service, NowPayment users have full access to their fund and additional fees is eliminated with higher transaction speed.
• TRANSPARENCY AND REGULATORY COMPLIANCE: - A legal team works effectively to protect the benefits of users. They secure all transactions from illegal acts.
• SANDBOX: - Merchants can test NowPayment API before using it. No real transaction needs to be made, just provide the payment case that you want to test and get the full data from their API describing the case.
CONCLUSION
With the fuelled rise in demand for cryptocurrency as a payment method, integrating cryptocurrency payment gateway is a smart move for merchants looking to make more profit, use a more secured payment means and stay on top of their game. NowPayment is adviced as the best and easiest means for accepting cryptocurrency as payment.