Each one of you must have heard about cryptocurrency till now.
The Bullrun in 2017 attracted most eyes on it.
After that, the price of bitcoin was a bit low for some time but it again was in the news because of its sudden price rise over time of just a month in May-June 2019.
The price rose from $3600 to up to $12,000 giving a clear signal of how people are going for the decentralized asset.
But we cannot validate any currency till we haven’t seen its validity in the market.
We have already seen why Cryptocurrency is a good option for payment in an earlier article.
But this question will soon be answered when we jot down five companies that are now accepting cryptocurrencies as an alternative payment option.
- Starbucks
- Subway
- Microsoft
- Shopify
- CheapAir
These are just a few among the others who have started accepting cryptocurrencies. And now you can be part of the list too.
Want to start your own crypto to Fiat gateway?
Now use the first regulated and Euro approved Payment Gateway for cryptocurrencies in your website to instantly add crypto as a payment option on your website.
Now you can accept crypto payments in your business without any hassle and risk.
Our regulated Crypto Payment Gateway solution is as simple as Stripe.
INSTANT, fully automated conversion from 50+ cryptocurrency to euro delivered to your bank account
Your own dashboard with an integrated accounting system to track all your transactions!
What were the problems till now in accepting crypto payments?
Accepting Cryptocurrency is a long manual process, full of risks that do not meet audit and accounting requirements.
- You have to manage your own wallets and maintain security
- You have to manually generate public keys per customer and add these to your website or invoices
- No payment reconciliation or reporting tool to keep track of customers.
- When it comes to getting the money in euros or USD you need to move this to exchange.
- In the exchange, you need to convert to fiat and then transfer them manually to your bank account
- By the time you receive the payment in cryptocurrency and convert it on an exchange, you can lose up to 30% of profit because of fluctuations in price!
- You cannot track individual payments end-to-end. From your checkout to your bank account
- Now try explaining this process to your accountant on a monthly basis
- There are over 15 manual steps and unlimited reporting steps involved in doing it yourself.
- There are “many” crypto gateways which are unregulated and only do 5% of what we do. Do you want to take the risk?
And we have a solution!
B2B Pay provides the first fully regulated end to end checkout solution.
- Track all payments from the creation to the amount delivered to your bank account
- Convert cryptocurrency instantly to euro, removing the risk of fluctuations.
- From checkout to EUR in your account is one automated process
- Regulated and accepted in the European Union.
- Fully Europe based development team in Germany.
How it works
- Integrate the gateway into your website billing or invoicing process
- Customers are able to pay in crypto which we instantly convert to euros
- The payment is processed and deposited into your bank account
This gives you just one step to replace all the 15+ other steps.
Know more about the Crypto to Fiat Gateway
- Collect in 50 of the top currencies.
- You can bill your customers in Euro/USD and we show the equivalent crypto amount at current market rates updated every 2 seconds.
- Once a customer pays, you can choose to keep the funds in crypto such as BTC/ETH or instantly convert to euro at market rates
- Users have a simple checkout experience.
- New public keys and unique payment identifier for each transaction
- Full audit and accounting trail. End to End tracking
- You can set up unlimited payment gateways customized to your business needs.
Regulation and B2B Pay
B2B Pay is an award-winning Fintech company that now can provide your business with a crypto payment gateway that is fully regulated and complies with European Union laws.
We welcome all merchants
Unlike other payment providers, we are able to offer our services to a wide range of industries. Including Ecommerce, Dropshippers, Forex trading, Gaming and so on.
Stay tuned to get more information about this gateway! Follow B2B Pay on medium to get a notification as soon as we upload the next article on the gateway for you.
And here are some questions for you.
Does your business accept any cryptocurrencies till now?
Would you rather HOLD or spend the coins you have right now?
B2B Pay has a special Blockchain account that allows you to keep all your assets safe.
With its partnership with Barclay one of the global leading bank, your assets are 100% safe and away from breaching.
Did you we also let you transfer money internationally with minimum fee compared to anyone else in the market?
Join us today and enjoy the new age of banking!
Hope this article helped you.
We’d love to get feedback from you and everyone in the network.
To learn more about B2BPay contact us at B2BPay Trade Payment Services.
