Introducing Currency Conversion: Say Goodbye to Swapping Hassles
Currency conversion allows businesses to accept payments in any currency, eliminating the need for manual token swapping.
The world of finance has seen a significant shift towards digital currencies in recent years, with cryptocurrencies like Bitcoin and Ethereum becoming more mainstream. While accepting these digital currencies for payment has become increasingly popular, businesses often prefer stablecoins like USDC, BUSD or DAI for accepting payments to avoid volatile cryptocurrencies.
However, customers want to pay in any currency they prefer, including Bitcoin, Ethereum, Matic, or Solana. This creates a disconnect between businesses and customers, as manually swapping currencies and making payments can be a tedious process. To address this problem, We have launched a new feature: Currency Conversion.
Features of Currency Conversion:
Our Currency Conversion feature is a powerful tool that enables businesses to accept payments in multiple cryptocurrencies, while receiving payment in their preferred stablecoin. Some of the key features of this offering include:
- Automatic Currency Conversion: Our Currency Conversion feature automatically converts the payment amount from the customer's preferred cryptocurrency to the stablecoin chosen by the business. This eliminates the need for customers to manually swap currencies before making a payment.
- Multiple Cryptocurrency Support: Our Currency Conversion feature supports multiple cryptocurrencies, including Solana, Polygon and BNB. This allows customers to pay in the currency they prefer, without any restrictions.
- Real-time Exchange Rates: Our Currency Conversion feature uses real-time exchange rates to ensure accurate and up-to-date currency conversion. This helps businesses avoid any potential losses due to currency fluctuations.
- Streamlined Payment Process: By enabling automatic currency conversion, Our Currency Conversion feature streamlines the payment process for both businesses and customers. This helps reduce the likelihood of customer drop-off and increases payment volume for businesses.
- Improved Accounting: Our Currency Conversion feature simplifies accounting for businesses by allowing them to receive payments in their preferred stablecoin, regardless of the cryptocurrency used for the payment.
Why Currency Conversion?
The ability to accept payments in multiple cryptocurrencies while receiving payment in stablecoin is a game-changer for businesses. It simplifies the payment process, improves accounting, and enhances customer experience. With the real-time exchange rates and support for multiple cryptocurrencies, businesses can offer their customers a flexible payment option while mitigating risks associated with currency volatility.
Currency Conversion allows businesses to:
- Save Time: Currency Conversion eliminates the need for manual currency conversion, saving businesses time and effort.
- Reduce Reconciliation Time: Businesses no longer need to reconcile payments received in multiple cryptocurrencies, as they receive payment in their preferred stablecoin.
- Improve Customer Experience: By offering multiple cryptocurrency payment options, businesses can enhance customer experience and increase customer loyalty.
- Protect Against Cryptocurrency Price Volatility: Businesses can avoid potential losses due to cryptocurrency price volatility by receiving payments in stablecoin.
Our Currency Conversion feature is a valuable addition to any payment system. It offers businesses a simple and efficient way to accept payments in multiple cryptocurrencies while receiving payment in their preferred stablecoin. With its real-time exchange rates, support for multiple cryptocurrencies, and streamlined payment process, this feature can help businesses increase payment volume, reduce customer drop-off, and simplify accounting. If you're interested in improving your payment processes and enhancing customer experience, be sure to check out our Currency Conversion feature today!
Currency conversion is the bridge between digital currencies and stablecoins, simplifying the payment process for businesses and customers alike, and enabling the seamless exchange of value in the modern world
Simplifying Blockchain Payments. Fintech aficionado