Benefits of accepting crypto as payment for your business

Whether your business should venture into blockchain payment processing and accept crypto payments has become a serious consideration today as digital currencies continue to make their mark in the world of e-commerce.

Perhaps you’re wondering how to get paid in Bitcoin or accept cryptocurrency payments generally? There’s no better time than the present to get started. If you’re seeking new business and plan to capture new markets by targeting a specific kind of client e.g. an ethereum user, or you wish to offer your existing clients more payment methods via a cryptocurrency payment gateway, you’ll be in an ideal position to do so.

While Bitcoin prices have had their fair share of ups and downs like other financial assets, this year we have seen them hit highs of around $12k (Coinmarketcap) showing continued interest in cryptocurrencies while leaving the tough bear market of 2018 firmly in the past. The crypto market is soaring to levels that many industry experts believe will continue to rise, reinforcing the importance of digital currencies today for business.

There’s little doubt that cryptocurrencies are here to stay and the highs we have seen in recent times reflect the strength of the crypto market overall. Choosing to accept bitcoin payments on your website definitely makes logical financial sense.

Reap the Benefits of Cryptocurrencies

Accepting cryptocurrencies is an effective way of boosting your revenues since offering this service can help you attract new customers and markets. There are other advantages too.

The first of these relates to transaction fees. If you’re in business already, you’ll be aware that there are transaction fees for credit card acceptance which are paid to the credit card company, as well as fees for using a third-party payment processor. With cryptocurrencies however, there is no middleman so you reduce your costs.

Whatever kind of business operation you are involved in, you will soon realise the benefits of offering cryptocurrency payments as a service. Users wanting to pay in crypto meanwhile are also demanding more supporting services.

Building Your Business with B2BinPay

The benefits of offering crypto payments on your website are clear to see and will enable you to build your business by taking advantage of the trends while ensuring you respond to the needs of both your existing and future consumers. Providing additional payment methods really is a great way to stay ahead of the competition and help you build a solid business. Getting started is a simple procedure and integrating a merchant account only takes a few small steps, then you’re set to go.

B2BinPay is a facilitator of blockchain payments and a top cryptocurrency payment processor for Merchants and Enterprise clients. With B2BinPay, you can send, receive, store, exchange and accept cryptocurrency payments online, safely, securely and cost-effectively across the world in minutes. B2BinPay’s user-base includes cryptocurrency exchanges, forex brokers, online stores and other merchants for the purpose of processing cryptocurrency payments.

Payments are possible in crypto/crypto and crypto/fiat, along with a different range of features and different account types to cater for your specific business type. These include the much lower transaction fees mentioned earlier to just a fraction of those of other online payment gateways.

Solutions for Merchants and Enterprises

Merchants

If you’re looking for merchant services, B2BinPay enables users to offer their customers Bitcoin, Ethereum, Ripple`s XRP, Bitcoin Cash, Litecoin and more as a payment option.

It’s easy to send, receive, store and exchange and accept crypto payments securely and effectively online with this popular solution that is establishing itself as one of the leading crypto payment gateways in the industry. Features include low processing fees, no recurring fees, no hidden charges, real-time balance/transaction history, downloadable reports and secure checkout.

Enterprises

As an enterprise client, you can receive, store and send a large range of virtual currencies such as Bitcoin, Ethereum, Ripple and Monero. An extremely secure, reliable and scalable wallet solution from a reputable, industry-leading cryptocurrency payment provider, features include secure API, automatic withdrawals for clients and a sandbox environment for development teams, over 888 coins and tokens supported and advanced real-time reports, together with 24/7 technical support in 6 languages including English, Chinese, Arabic, Spanish, Russian and Greek.

B2BinPay provides businesses with the means to develop your crypto-related business. Accessing the cryptocurrency markets and facilitating global crypto payments has never been so easy.

Josh Welson

A writer & digital marketing expert working in this industry from past 12 years.

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