Accept NEO Payments
NEO is a blockchain platform and cryptocurrency designed to digitise assets using smart contracts, with the aim of building a distributed network-based smart economy system. The execution of these contracts is based on the programming code of the network which allows traceability, transparency, and irreversibility of transactions.
A total of 100 million NEO were created in the Genesis Block with 50 million being sold to early investors The remaining 50 million are locked into a smart contract. Every year, 15 million NEO tokens are unlocked and are used by NEO’s development team to fund its development goals.
NEO has drawn a significant amount of attention this year despite being relatively new. Many investors are convinced it will be further embraced in the years ahead and there are already a large number of companies and stores accepting NEO payments.
The benefits associated with NEO have made it a very popular coin, which is currently ranked 20th in Coinmarketcap.com. As NEO allows for traceability, transparency and irreversibility of transactions, it has leapt up the rankings, with an associated increase in the number of people wanting to make NEO payments for goods or services.
To cater for the growing needs of individuals and businesses looking to accept NEO payments, there are now a number of service providers who specialise in processing these transactions, which are facilitated via a NEO payment gateway. This can be best described as a decentralised payment platform that allows merchants to accept NEO transactions with fewer intermediaries involved.
Providers of these services will connect your business to their platform using a NEO payment API, allowing you to integrate and accept NEO payments on your website. An API works by connecting your company’s checkout system to a payment acquiring network, enabling your users to make purchases without having to leave your website to process payments.
Using the same payment infrastructure, you can also enable payments in your mobile app which will give you access to real-time purchasing data an is really useful for making more informed business decisions.
Accepting NEO payments on your website makes perfect business sense as you will be perfectly positioned to take advantage of current trends and future consumers. Offering a crypto payments service can also fuel your business’s expansion by differentiating you from the competition. Getting up and running is a quick procedure and the popularity and growth of NEO as a payment method has made integrating a merchant account really simple. All that is needed is an initial set up, then you’re ready to start accepting NEO.
NEO Payment Provider
B2BinPay is a NEO payment provider/processor with 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 NEO 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 NEO. 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 NEO and other crypto payments. Its expanding user-base includes over 100 cryptocurrency exchanges, forex brokers, online stores and a range of other merchants.
Call us for a connection today and introduce a new payment mode that will benefit your existing clients, get you new clients and save you money!