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Home Tech Cryptocurrency

NOWPayments: A non-custodial crypto payment gateway

by Ethan
1 year ago
in Cryptocurrency
0
NOWPayments
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Do you wish for an authentic platform where you can accept crypto payment for e-commerce businesses, trading, gaming, and marketplace? Cryptocurrency policies and regulations are maturing throughout the world. However, people desire secure, legal, and reputable crypto-focused payment methods. 

Undoubtedly, a legitimate platform provides diverse cryptocurrencies, access to withdraw euros in any bank account, and 24/7 support. Nevertheless, NOWPayments offers a secure solution to accept payments or manage funds.

Table of Contents

  • Advantages
    • 1- Multiple Cryptocurrencies support
    • 2- Instant Payout
    • 3- Directly withdraw payment
    • 4- Less conversion/transaction fee
  • Opportunities
    • Account management
    • Range of Integration
  • Services Offered by NOWPayments

Advantages

Secure and efficient crypto-payment transactions are essential for every trader. However, Nowpayments offers various advantages that make it valuable. 

1- Multiple Cryptocurrencies support

NowPayments keeps multiple cryptocurrencies to help businesses based on customer payment preferences. With support for over 300+ cryptocurrencies, this platform allows for exchanging crypto payments through popular and stable coins. 

It facilitates websites to accept payment using popular coins such as Bitcoin, XRP, Ethereum, LTC, BCH, and stable coins like TUSD or DAI. Additionally, individuals interested in RichQuack crypto, a self-generated liquidity option for their websites, can access benefits through this platform. 

2- Instant Payout

Undoubtedly, delaying payout can hinder a business’s growth. Well, the best platforms enable instant payout with just a few clicks. They contribute significantly to payment security against hackers and speed up transactions, making various platforms highly valuable. Instant payouts assist in managing business cash flow and reduce fraud risk. 

Moreover, selecting to withdraw payments or retain them within NowPayments ensures security. With this platform, you can save your hard-earned money through robust security measures. Additionally, traders can receive payment in as little as 4-5 minutes through this platform.

3- Directly withdraw payment

The primary concern revolves around payment withdrawal methods. However, the platform that offers a wide array of withdrawal methods provides lots of opportunities for its users. While some platforms only permit cryptocurrency exchange, others go further, enabling withdrawal through crypto debit and ATM cards. 

However, NOWPayments allows their users to withdraw cash through a cryptocurrency exchange, ATMs, Debit cards, peer-to-peer marketplace, and offline exchange as well. These withdrawal methods enhance the user’s flexibility and ensure easier access to their funds.

4- Less conversion/transaction fee

The transaction fee depends on the destination of your client’s payment. For transactions within the same cryptocurrency, the fees start from 0.6%. However, the NowPayments charges a lower transaction fee of 0.4%. Moreover, exchange and conversion fees start at a minimum of 0.5%, ensuring high transparency. Nowpayments offers fiat conversion and a fixed-rate exchange option. Selecting fixed-rate exchange options protects the user from sudden changes in crypto price by locking in a rate. Well, fixed-rate transaction fee starts from only 1% with this platform, providing stability in transactions.

Opportunities

Account management

It is challenging to manage your premium business account or troubleshoot crypto transactions. A dedicated support team from a specific platform assists in navigating through these situations. NOWPayments minimizes the technical complexities and aims to streamline the payment experience. The account manager plays a role in adjusting integrations tailored to your business needs, ensuring a smoother experience.

Range of Integration

The range of crypto integration offers significant advantages in terms of security, cost-effectiveness, and global reach. NOWPayments offer various integration choices like APIs, donation solutions, and CMS plugins. To use these integrations, sign up by entering your crypto wallet details and creating your API or IPN key. This platform facilitates multiple functionalities, including mass payments, fiat-to-crypto, and crypto-to-fiat solutions. 

Services Offered by NOWPayments

  • NowPayments provides secure cryptocurrency transactions, ensuring safety for users.
  • This platform offers a customizable payment button designed for cryptocurrency transactions for customers’ ease. 
  • It facilitates the use of application programming interfaces in the integration of crypto payment into websites. 
  • It enables businesses to generate cryptocurrency payment invoices to streamline the payment process.
Ethan

Ethan

Ethan is the founder, owner, and CEO of EntrepreneursBreak, a leading online resource for entrepreneurs and small business owners. With over a decade of experience in business and entrepreneurship, Ethan is passionate about helping others achieve their goals and reach their full potential.

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