Accepting Cryptocurrency Payments with SMARTy Pay: A Guide for Business Owners
By accepting cryptocurrency payments, business owners can stay ahead of the competition, attract more customers, and reduce their payment processing costs.
To begin accepting cryptocurrency, you must first select a cryptocurrency payment provider. These providers vary in terms of functionality, transaction fees, ease of use, and integration methods.
Most cryptocurrency payment providers charge a 1% transaction fee. In contrast, the minimum fee charged by banking systems is 3% and may go up to 12%.
Cryptocurrencies are known for their volatility. To mitigate this risk, business owners may choose to convert their cryptocurrency payments into stablecoins, which are pegged to the value of the U.S. dollar.
With a commission fee of just 0.3% per successful transaction, SMARTy Pay offers one of the lowest rates in the industry.
Additionally, SMARTy automatically converts all accepted cryptocurrency payments into the stablecoin of the merchant’s choice.
We offer a range of payment options suitable for various business models.
For businesses with internal user accounts, SMARTy Pay’s Recharge payments allow customers to top up their wallets using a variety of cryptocurrencies.
Invoices can be used to purchase tokens to refill user accounts or to buy goods and services on your website.
Subscriptions (recurring cryptocurrency payments) can be used to set up automatic payments for services or content over a specified period.
Adding a donation button or link to your website is easy with SMARTy Pay, allowing you to collect custom amounts from visitors.
For websites built with WooCommerce, SMARTy Pay provides a plugin that adds cryptocurrency checkout options.
To start accepting cryptocurrency payments with our solution, simply sign up for a free merchant account and choose your preferred payment model. You can create an invoice or donation button for your website in seconds or contact the SMARTy Pay team for custom integration of recharge payments or subscriptions.
We’re always here to help!
For more information, send an email to business@smartypay.io or connect with us on social media:
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