Here’s how businesses can securely process crypto payments

Amid the rising interest in crypto payments, businesses face obstacles in security and fees. This B2B service provider aims to fix that.

Businesses increasingly seek to integrate crypto payments due to their borderless nature and enhanced security, but challenges like complexity and high fees persist. Launched by CoinsPaid, CryptoProcessing.com offers a user-friendly solution with features like specialized sector channels and low transaction costs.

As digital currencies continue to reshape the financial landscape, businesses worldwide are eyeing the benefits of integrating cryptocurrency payments into their operations. The allure of international transactions and enhanced security have made cryptocurrencies an attractive option for forward-thinking enterprises.

However, amid the promises lie challenges like cyber threats, the complexity of crypto transactions, and the volatile nature of crypto exchange rates. High transaction fees further compound the issue, threatening to erode the cost-effectiveness of utilizing cryptocurrencies for businesses.

The demand for a reliable, user-friendly and financially feasible crypto payment processor has never been more pressing in this burgeoning field. Businesses seek a solution that addresses security concerns, simplifies the payment process, mitigates exchange rate risks and offers competitive transaction fees.

With over a decade of experience in cryptocurrency, CoinsPaid —a payments provider of multiple innovative crypto solutions— has launched CryptoProcessing.com as a comprehensive crypto payment solution for businesses. Featuring a monthly fee model that doesn’t require a significant initial investment, the platform has garnered hundreds of merchant accounts and processes more than 1 million transactions monthly, totaling over €700 million ($750 million) in crypto transactions monthly in the first half of 2023.

Relieving businesses with secure crypto payments

Security is paramount for any business, and CryptoProcessing.com prioritizes transaction safety through independent security audits by firms, including 10Guards and Hacken, revealing zero vulnerabilities. CoinsPaid is registered and licensed in Estonia, a jurisdiction known for its robust legal framework for crypto. The registration is also reflected on CryptoProcessing.com, ensuring legal transparency and the security of transactions.

CryptoProcessing.com offers specialized channels to optimize cryptocurrency transactions in specific industries. The platform simplifies the payment process for e-commerce businesses by offering easy-to-manage cryptocurrency deposit invoices.

Crypto adoption is projected to surpass 1 billion by 2027. Source: CryptoProcessing.com

In addition to payment processing, CryptoProcessing.com enhances financial management with its diverse treasury system, providing flexibility and security in managing cryptocurrency assets. Features like multilevel wallet systems facilitate automatic fund transfers between various storage options based on merchants’ predefined thresholds, including hot wallets, external wallets and cold storage.

The platform’s liquidity aggregator provides businesses with the most favorable exchange rates, reducing currency conversion costs and minimizing slippage. With almost instant confirmations for widely-used cryptocurrencies and extensive global coverage, the platform enables businesses to accept payments in over 20 popular cryptocurrencies, including Bitcoin (BTC), and exchange them into more than 40 fiat currencies.

Helping businesses overcome transaction costs

From a financial standpoint, CryptoProcessing.com provides an attractive option for businesses, offering low commission rates, immediate access to funds and transparent fee structures as minimal as 1%. The payment processor also offers universally accessible payment links tailored to streamline transactions across diverse business models and customer interactions.

CryptoProcessing.com aims to drive crypto adoption with competitive features for businesses. Source: CryptoProcessing.com

CryptoProcessing.com’s intuitive application programming interface (API) and support team facilitate seamless integration into business operations. Additionally, the platform addresses chargeback risks by leveraging the irreversible nature of cryptocurrency transactions once validated and added to the blockchain, thereby enhancing security and safeguarding businesses against fraudulent activities.

Award-winning crypto payment solution

CryptoProcessing.com won numerous awards from a variety of organizations:

• EGR B2B Awards – Winner: Cryptocurrency Services Supplier 2023
• MiGEA Excellence Awards – Winner: Best Crypto Payment Provider
• SiGMA Balkans Awards – Winner: Crypto Payment Solution of the Year
• Digital Banker – Highly acclaimed: Best Blockchain Payment Initiative
• World Business Outlook Awards – Leading Cryptocurrency Payment Gateway in Europe 2023

By embracing cryptocurrencies, businesses can hedge against inflation and increase their profitability by getting access to the wider customer base, making CryptoProcessing.com a valuable ally in navigating the complexities of digital payments. Providing businesses with robust solutions to harness the benefits of digital currencies and fortify their financial resilience is poised to drive widespread adoption of cryptocurrency payments.