The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Merchants to Benefit From Cryptocurrency Payments?

by Sponsored
January 9, 2019
in Industry Announcements


Cryptocurrency gradually penetrates into our lives, and people are ready to trade with new options available to them. There are 5.8 million active Bitcoin users in the world, according to a Cambridge University study. Nevertheless, spending cryptocurrencies is still a challenge due to a lack of effective and usable instruments that help businesses and their clients to manage crypto transactions.

Crypto for Businesses: Why and How

Payments with cryptos are becoming mainstream, and businesses strive to fulfill customers’ wishes. A Spanish network of 130 Nostrum coffee shops recently announced its partnership with Cyclebit, a startup developing payment platforms that allows stores to process and customers to pay with cryptocurrency. Using Cyclebit’s solution, coffee shops will be able to accept Bitcoin throughout the country.

Why do merchants seek to offer buyers new settlement options?

The conventional payment methods can require additional costs associated with fees and commissions that reach up to 4%. On the contrary, transacting in cryptocurrency can reduce the commissions just to 1%. The question is how to make these means of settlements widespread so that they’re used everywhere.

Cryptocurrency payment applications and gateways considerably simplify the transaction process and cut processing fees. These solutions are a good alternative to credits cards and paper money. Using crypto apps, customers don’t need to open their wallets or enter any data. They can pay for goods and services just by scanning a QR code.

By the way, no one seems to be too impressed by scanning QR codes these days. So, why not employ them on cryptos?

Crypto payment applications are a growing trend. A recent survey shows that 60% of the vendors using payment processor Square would prefer to accept Bitcoin over USD. What’s more, Square’s payment application, Cash App, demonstrates impressive growth in BTC transactions, bringing in $43 million in revenue, according to the company’s Q3 report.

The market demands new payment options, and crypto is no exception. To catch the trends and move with the times, entrepreneurs have to integrate new settlement methods for buyers. And the market is ready to provide them with solutions such as crypto payment apps and gateways. Some of them are already well known worldwide.

Top 3 Apps for Crypto Payments Simplifying Payment Processes

Coinbase, one of the world’s largest exchanges, launched its own payment service of the same name. The application allows vendors to accept Bitcoin and change it into fiat without additional procedures, like withdrawals. It also provides users with information about the payee’s rating. Moreover, the tool users them to give feedback about the seller after the completion of every transaction. Over 38,000 companies, including Dell, Expedia, and Overstock use the Coinbase app.

Another crypto payment application, Coingate, allows businesses to set up and monitor transactions from their smartphones. The service supports 40 cryptocurrencies, which help merchants increase the number of various payment methods. Coingate provides a range of different plugins and even allows merchants to create Bitcoin payment buttons on any website.

The Noah Project keeps up with the giants and has recently launched its own cryptocurrency payment application Noah Pay. The venture is known as one of the most innovative market players promoting advanced technologies in the Asian region. It is currently building a blockchain-driven ecosystem that includes Noah Pay as well. The company has created the app to make crypto transactions as simple and easy-to-use as possible.

“Our experience shows that any successful solution is based on usability. Noah Pay is called upon to permit people to buy any goods and services with cryptocurrency while merchants will be able to receive the payments instantaneously and without incurring huge charges. We hope our product will encourage businesses to expand their payment options and facilitate the increased adoption of cryptocurrencies,” the Noah team states.

Like other crypto payment apps, Noah Pay is designed to allow crypto holders to shop with their virtual assets. Merchants, in turn, will be able to attract new customers who are token owners and drastically cut processing costs.

There are large possibilities as one-click payments make Noah Pay a very intuitive and user-friendly application. It will be available on smartphones, tablets, and other devices. To accept crypto payments, users will need only a login and password. They will be able to pay with Noah Coins at first. In the future the range of accepted cryptos will be expanded.

Cryptocurrencies are gaining momentum, and it’s no wonder that the demand for their actual use also grows. Accepting digital coins as the transaction method opens up new opportunities for both merchants and customers while crypto payment apps such as Noah Pay and Coinbase will help them fully control their funds and settlements. Don’t waste time, embrace the future right now!


To learn more about Noah Pay, visit the official website of the Noah Project, get in touch with the team in Telegram chat, and follow the project on Facebook and Twitter.

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

 

 

Submit a Press Release

Industry Announcements

  • Bunzz Raises $4.5 Million Seed Round To Expand Its Smart Contract Hub for DApp Development
    January 24, 2023
  • Dogecoin and Shiba Inu Better Watch Out – Floki Just Had Three Big Things Happen for It
    January 24, 2023
  • Crypto Marketing – What Initiatives Will Bring More Value and Users in 2023
    January 23, 2023
  • Make Crypto Payments on BChat Web 3.0 Messenger – BChat Integrates Beldex Wallet
    January 22, 2023
  • KEY3.id Supports Multi-Chain Transaction, Partnership With KuCoin Wallet, CoinHub Wallet and Wallet3 To Launch 2023 Lucky Transaction Campaign With Over 30,000 Participants on Social
    January 20, 2023
  • Deposit EUR/GBP at Zero Percent Fees With Newly Launched SEPA/FPS Channels on Bitget
    January 19, 2023
  • Coinbase Lists Kava, Advancing Ethereum–Cosmos Interoperability
    January 18, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$23,020.17
$23,020.17
0.35%
Ethereum
$1,567.43
$1,567.43
1.6%
Cardano
$0.382932
$0.382932
0.3%
XRP
$0.409574
$0.409574
0.3%
Dogecoin
$0.087897
$0.087897
0.99%

Spotlight

  • Miami Mayor Is Still Receiving Bitcoin Paychecks, Says His Salary ‘Is Actually Up’ Despite Ongoing Crypto Winter
    January 21, 2023
  • Largest Crypto Hedge Fund in the World Says DeFi Will Drive the Next Crypto Bull Market
    January 24, 2023
  • Billionaire Dogecoin Advocate Elon Musk Doubles Down on Offer To Eat Happy Meal on TV if McDonald’s Accepts DOGE
    January 27, 2023
  • Crypto Strategist Who Nailed 2023 Bitcoin Rally Says Real BTC Move Is Yet To Come – Here Are His Targets
    January 23, 2023
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl