Using Cryptocurrency to Develop Your Business
The price of bitcoin price has recently hit new year-to-date highs, hovering around the $12k mark (Coinmarketcap) at the time of writing. After being caught in a tough bear market during 2018, the crypto market has re-ignited, soaring to levels that some industry insiders believe will only continue to rise. This upward trend only serves to reinforce the increasingly important part that digital currencies play in society and how they have infiltrated into the business world.
If your business has ever considered bitcoin as a means of payment or perhaps wondered how to accept ethereum payments, now is an ideal time to start accepting crypto. Businesses who are looking to capture new business by targeting a specific type of client e.g. one who is using ethereum, or offering their existing clients additional payment methods by integrating a cryptocurrency payment gateway will find themselves in a strong position to be able to do just that. The new highs we have seen highlight the endurance of the crypto market and underline the fact that allowing your clients to pay crypto makes logical financial sense.
More Reasons to Accept Cryptocurrencies
If you’re looking to boost your business revenues, cryptocurrencies not only help you capitalise on new target markets, there are also other advantages. Those already in business will be only too aware that you have to bear the losses of transaction fees for credit card acceptance paid to the credit card company, as well as fees for using a third-party payment processor. With cryptocurrencies, however, there is no middleman so you lower your costs.
Whatever your type of institution or business, the benefits of cryptocurrency and the blockchain technology that support it are clear to see. From a consumer perspective, those wanting to pay btc, as well as other cryptos, are demanding supporting services.
Develop Your Business with B2BinPay
Accepting cryptocurrencies on your website will, as we have seen, allow you to develop your business by capitalising on the trends and catering for both existing and future consumers. This forward-thinking strategy will set you apart from the competition and help secure your growth. Getting started is a straightforward procedure and integrating a merchant account has never been easier. All you need is an initial set up and you’re ready.
B2BinPay is one of the leading facilitators of blockchain payments and a recognised global cryptocurrency payment provider for Merchants and Enterprise clients. With B2BinPay, you can send, receive, store, exchange and accept cryptocurrency payments online, safely, securely and cost-effectively across the world in a matter of minutes. B2BinPay’s user-base includes cryptocurrency exchanges, forex brokers, online stores and other merchants for the purpose of processing cryptocurrency payments.
Payments are possible in crypto/crypto and crypto/fiat, allowing you to receive cryptocurrency in its crypto wallet if the client pays in cryptocurrency. Alternatively, in the case of crypto-fiat, you can receive fiat currency if the client pays in cryptocurrency, with USD or EUR being added to the balance.
Also on offer are a wide range of features and different account types to cater for your specific kind of business, not to mention, low transaction fees, contrary to those incurred with credit and debit cards. Since cryptocurrency is decentralised, transaction fees can be kept to a minimum and reduced to just a fraction of those of other online payment gateways.
Catering for Merchants and Enterprises
With B2BinPay, if you are a merchant, you can offer your customers Bitcoin, Ethereum, Ripple`s XRP, Bitcoin Cash, Litecoin and more as a payment option, along with some basic educational assistance on using cryptos, for example, how to use Ethereum and how to create an ethereum wallet in order to make the process as simple as possible for them.
It’s easy to securely and effectively send, receive, store and exchange and accept crypto payments online with a solution which is proving to be one of the leading crypto payment gateways in the industry. 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 such as Bitcoin, Ethereum, Ripple and Monero. An extremely 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 6 languages including English, Chinese, Arabic, Spanish, Russian and Greek.
B2BinPay is the ideal way to develop your business on the crypto side of things. It is an industry-leading choice for accessing the cryptocurrency markets quickly and easily to facilitate global crypto payments.
To open an account that will benefit your existing clients, get you new clients and save on costs, contact us today!