Bitcoin was the first decentralised currency to arrive on the scene back in 2009. Its purpose was to create a secure and anonymous, yet transparent way of transferring currency and in the last decade, we have seen a flow of developments occur in connection with this exciting, new digital currency.
Nowadays, many more companies are accepting Bitcoin than could have contemplated a decade ago. The rate of cryptocurrency growth and adoption of blockchain technology has ignited a revolution in the fintech industry, bringing with it a new dimension to the online payments industry.
The continuing upward trend only serves to reinforce the increasingly important part that Bitcoin is playing in society. This has led to an increase in demand of customers wanting to be able to pay for goods or services with Bitcoin, and for all payment related services.
To address the emerging needs of individuals and businesses wishing to accept Bitcoin payments, there are specialised companies who can facilitate this process via a Bitcoin payment gateway, a decentralised payment platform which allows merchants to accept transactions in Bitcoin. As there is a reduction in the number of intermediaries involved, transaction costs are lower.
These providers have the technological ability to process payments using a Bitcoin payment API which allows you to integrate and accept Bitcoin payments on your website. The payment API connects your company’s checkout system to a payment acquiring network, enabling your customers to make purchases from you without leaving your website to process payments.
It is also possible to use the same payment infrastructure to enable payments in your mobile app and as you have access to real-time purchasing data, you can make more informed decisions. Easy access to this actionable data is key to driving your business forward.
Accepting Bitcoin on website enables businesses to capitalise on the trends and cater for current and future consumers. This, in turn, allows you to seal your growth by providing a payment service that will set you apart from the competition. Getting started is a very straightforward procedure and the popularity and growth of Bitcoin as a means of payment has made integrating a merchant account fast and easy. All that is needed is an initial set up, and you’re set to go.
B2BinPay is a leading Bitcoin payment provider/processor with solutions for Merchants and Enterprise clients. It enables businesses to send, receive, store, exchange and accept cryptocurrency payments online, safely, securely and cost-effectively across the world minutes.
With B2BinPay, merchants can offer their customers Bitcoin 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 Bitcoin. 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 Bitcoin and other crypto payments. Its expanding user-base includes over 100 cryptocurrency exchanges, forex brokers, online stores and a range of other merchants.
Open an account today and introduce a new payment mode that will benefit your existing clients, gain you new clients, save on costs and set you apart from your competitors!