Accept Cardano Payments
Cardano (ADA), founded in 2017, is a public blockchain that hosts ADA, a cryptocurrency designed to function as digital cash. Cardano makes fast, direct transfers possible which are guaranteed to be secure. It is more than just a cryptocurrency – it is a technological platform capable of running financial applications used daily by individuals, organisations and governments across the world. In a similar way to Ethereum, Cardano is a smart contract platform, although Cardano offers scalability and security through layered architecture.
Cardano seeks to protect the privacy of users while being regulator-friendly, which makes it popular with investors. With a maximum supply of 45 billion coins, the first 31 billion being distributed at the time of the launch, Cardano is one of the projects with the best reputation in the crypto-verse and is seeking to solve the problem of market manipulation when it comes to ADA. With its strong background, ADA payments are now more in demand than ever.
Just two years since its inception, Cardano has experienced an upward trend and at the time of writing, sits just outside the top 10 in Coinmarketcap.com rankings. As we have seen, Cardano facilitates fast, direct and secure transfers which has led to an increase in people wanting to use ADA to make payments for goods or services.
To cater for the requirements of those looking to accept ADA payments, specialised companies exist that facilitate the transaction process. This occurs via a Cardano payment gateway, a decentralised payment platform which not only allows merchants to accept ADA transactions, but also for a lower cost as there are fewer intermediaries involved.
Providers of these types of payment services can connect you to their platform using a Cardano payment API to allow you to integrate and accept ADA payments on your website. The payment API works by connecting a business’s checkout system to a payment acquiring network, allowing customers to make purchases without having to leave the website to process payments.
A business can also use the same payment infrastructure to enable payments in a mobile app, providing access to real-time purchasing data in order to make more informed decisions. This is all-important when planning your business strategy.
Accepting ADA payments on your website will enable you to take advantage of the upward trend, as well as taking into account potential future consumers. By providing ADA as a payment option, you also have an additional way of differentiating your business from the competition. Getting started is a simple procedure and the popularity and growth of Cardano as a payment method has made integrating a merchant account a simple procedure. After undergoing an initial set up, you’re ready to start accepting ADA.
Cardano Payment Provider
B2BinPay is a Cardano payment provider/processor offering different solutions for Merchants and Enterprise clients. It enables businesses to send, receive, store, exchange and accept global cryptocurrency payments online, safely, securely and cost-effectively in minutes.
With B2BinPay, merchants can offer their customers ADA and more as a payment option. Features include low processing fees, no recurring fees, no hidden charges, real-time balance/transaction history, downloadable reports and secure checkout.
Enterprise clients can receive, store and send a large range of virtual currencies, including ADA. A 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 7 languages including English, Chinese, Japanese, Arabic, Spanish, Russian and Greek.
Integrating B2BinPay is the ideal business choice for accessing the cryptocurrency markets quickly and facilitating global ADA and other crypto payments. Its expanding user-base includes over 100 cryptocurrency exchanges, forex brokers, online stores and a range of other merchants.
Get B2BinPay connected today and start offering a new payment mode that will benefit your existing clients, get you new clients and save you money!