Accept crypto payments
Fiat Currencies vs Cryptocurrencies
It may sound unfamiliar to those who are not familiar with the field of digital currency, but understanding the mechanics of our crypto payment gateway is not difficult. Our solution is powered by blockchain technology, and it replaces credit cards with digital wallets, requiring merchants to open merchant accounts for accepting cryptocurrency payments. The transactions take place on a decentralised peer-to-peer network, where nodes exchange payment data, perform verification, and send it to the distributed ledger. The wallet addresses contain the identities of the payer and payee. Cryptocurrency merchant services The third-party vendor, acting as an agent for the company, accepts or makes payments in crypto through conversion into and out of fiat currency. This may be the simplest option to pursue. And, in all likelihood, it may cause relatively few disruptions to a company’s internal functions, since the “hands-off” approach keeps crypto off the corporate balance sheet.
Crypto accepted
"All I can say about the service, communication and technology the team at Axcess provide is that it is far and above anything I have ever experienced in card acquiring and needless to say, you will continue to be the only solution for us. We have been in online services for over 10 years and in that time we have come across our fair share of issues and problems that can happen in working in a cutting edge niche. Since we have been with Axcess we have had nothing but exemplary support and help in dealing with issues that arise from time to time and would whole heartedly support you guys with everyone we meet who ask about online payments (apart from our competitors). Thank you!" Cryptocurrency Futures Commission Merchants (FCMs) “The Mavericks have decided to accept Dogecoin as payment for Mavs tickets and merchandise for one very important, earth shattering reason, because we can! Because we can, we have chosen to do so. We have chosen to do so because sometimes in business you have to do things that are fun, engaging and hopefully generate a lot of PR. So we will take Dogecoin, today, tomorrow and possibly forever more. For those of you who would like to learn more about Dogecoin we strongly encourage you to talk to your teenagers who are on TikTok and ask them about it. They will be able to explain it all to you,” shared Dallas Mavericks owner, Mark Cuban.What Small Businesses Should Know About Cryptocurrency
Some payment providers might do a great job collecting payments. Still, when it comes to withdrawing funds, options are sometimes limited. The reality is that most merchants are looking to collect crypto and receive fiat currency (euros, US dollars, etc.) to their bank accounts. However, not every payment processor offers that possibility. Reasons to Choose B2BinPay Coinbase charges a 1% transaction processing fee. The exchange rate is locked for customers once they initiate the payment until they checkout. Coinbase also has integrations with popular e-commerce platforms including Shopify and WooCommerce to make the experience more seamless for merchants and clients. Merchants can opt to have their bitcoin automatically converted to cash, or initiate an exchange manually through Coinbase Exchange.
