Crypto News & ICO Reviews
Perhaps you have your own business and you are interested in receiving cryptocurrency payments or you want to reduce the costs of working with different currencies. If this is the case, then you can use services such as PaySpacelv, which make it easy to integrate the receipt of payment in Bitcoins.
Payment processors will charge either a percentage or a monthly fee for their services, but their prices are still far cheaper than what credit card companies or PayPal charge.
Furthermore, payment processors will offer a few applications of their technology: you can send email invoices, set up a POS (useful if you are running a restaurant or cafe, for example) or add a shopping cart plugin to your online shop.
Finally, if you don’t want to hold onto your Bitcoin (say your suppliers and landlord want cash in fiat), these kinds of processors can convert your money into fiat instantly.
This system is very convenient for business. Due to the lower commission, you can reduce the cost of production and increase its competitiveness. Taking advantage of these advantages, an increasing number of organizations are switching to this type of settlement.
It is worthwhile to look at this method and start accepting payments in cryptocurrency, because it promises a lot of advantages:
- It is impossible to cancel the transaction blockchain, unlike traditional payment systems. You are protected from payment fraud, and a refund is possible only on your initiative.
- Bitcoin system commissions are much lower than the fees of traditional payment systems, which makes it possible to get more profit.
- Security transaction. Setting up payment involves the use of temporary Bitcoin addresses, while the main wallet remains secret.
- Having a progressive payment method will increase your rating in the eyes of buyers.