Thursday 27 April 2023

HOW YOU CAN ENHANCE YOUR BUSINESS WITH FLOXYPAY CRYPTO PAYMENT GATEWAYS

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A crypto payment gateway is a company or platform that makes it possible for merchants to accept payments in cryptocurrencies. It acts as an intermediary between the merchant and the customer by allowing merchants to accept cryptocurrency payments without having a crypto wallet.
 
A crypto payment gateway also enables merchants to accept digital payments and receive fiat currency immediately in exchange. The provider takes on the perceived risk of cryptocurrency payments by using its wallet to facilitate transactions between merchants and their customers.
 
One of the best crypto payment gateway in the world that has precipitated the enhancement of businesses, both big and small, is FloxyPay.
 
As a businessman, crypto payment gateway, especially FloxyPay, can help you tremendously in galvanizing your business in a number of ways below:
 
(1) You can make your business transactions faster and smoother with a crypto payment gateway:
Cryptocurrencies have no borders, and neither do merchants that use them. No bank accounts or credit/debit cards are needed to transact. So, users of FloxyPay Crypto Payment Gateway get paid instantly and from anywhere. Your location does have any impact on the speed or cost of transactions in any way.
 
It is unlike bank payments that need to undergo certain processes before the transaction is completed. In most cases, payments using crypto payment gateways are processed in seconds as most blockchains tend to settle cryptocurrency transactions immediately.
 
By using FloxyPay, even payments in Bitcoin and Ethereum that usually take more time to process can be detected and safely approved as paid even before they are fully confirmed on the blockchain, significantly reducing the otherwise lengthy waiting time.
 
All these crypto transactions are openly displayed on the public ledger and can be tracked in real-time.
 
Using a crypto payment gateway can help you skip all those hassles and have your transactions done in just a few minutes. Since there’s no third-party involved, all transaction amounts go directly into your wallet and can be accessed immediately.
 
(2) You can multiply your customer/clientele base:
Integrating FloxyPay Crypto Payment Gateway into your business will easily create an enabling platform for you to target the global market, increase your conversion rates, and boost your revenue.
 
In this process, you reach out to new kinds of customers that prefer cryptocurrencies over traditional digital payment methods.
 
FloxyPay will help you reach out to those who are hesitant in purchasing online due to security and privacy reasons. Since cryptocurrency encrypts all your transactions, you can encourage them to buy or avail services from your company.
 
(3) You can make your customers/clients enjoy lower transaction fees and save money:
It is a well-known fact that traditional payment providers, such as credit card processors charge merchants a standard 3% or higher transaction fee. However, integrating FloxyPay in your business cancels out these fees and makes your customers/clients to spend less in transactions.
 
The transaction fees that crypto payment providers charge is several times smaller than what traditional means of payment charge and, in the best-case scenario, does not exceed 1% of overall transaction volume.
 
FloxyPay charges 0% transaction fee. So, choosing FloxyPay as your payment gateway will save money for your customers and make them to continue to place others for your goods and services.
 
(4) You can get the opportunity of having wealthier customers/clients:
In accordance with a study conducted by Forrester Consulting, 40% of customers who prefer to transact with cryptocurrencies are rich first-timers to the merchant.
 
Unarguably, blockchain-friendly customers are giving to spending twice as much money than those who prefer transacting with credit cards and are more inclined to come back another time if their experience is positive.
 
Integrating FloxyPay as the crypto payment gateway for your business opens an opportunity for you to have the wealthiest consumers who are more comfortable with transacting with crypto. When they continue to spend that wealth on your products and services, it will tremendously push up the overall volume of sales and revenue.
 
(5) You can use crypto payment gateway integration as a marketing strategy:
New customers will continue to prefer patronizing you just because your company accepts some of the cryptocurrencies they own and this can be one of your marketing strategies.
 
You can go ahead to advertise your company as crypto-friendly one on a daily basis. It will equally bring in referrals from your existing customers. In the process, you make your products and services more accessible to as many people as possible.
 
A crypto-focused approach in marketing and clever use of social media can boost sales for any type of business that decides to accept digital assets.
 
By adopting FloxyPay as a payment platform, you will gain a competitive advantage in the market and access a new segment of customers that only gets broader with time. FloxyPay can also help you in getting more exposure to crypto-friendly online shoppers. In other words, if you use this opportunity wisely, it will pay off sooner rather than later.
 
(6) You can help your customers/clients preclude expensive and discomforting currency swap:
Cross-border payments via multiple banks through several accounts can get quite frustrating if currency conversion is involved. It precipitates extra impediments like delays and additional costs for your customers.
 
However, collecting payments using FloxyPay does not involve any cross-currency settlements, and if it does, it will never cumbersome compared to a headache of dealing with fiat currency exchange rates and procedures.
 
(7) You can eliminates chargeback and rolling reserves: Integrating FloxyPay Payment Gateway in your business creates the impossibility of chargeback fraud:
Owing to the fact that all transactions on the blockchain are final by default, you will no longer have to deal with rolling reserves due to chargeback-related legislation. These funds can be put to work within the business and serve to increase revenue.
 
(8) You can make your transactions more secured and private:
The fact that hackers are a threat in the digital space cannot be over-emphasized. This makes online banking and credit card payments one of the biggest targets for such malicious acts.
 
With FloxyPay, you can make all your transactions more secured and private compared to normal modes of digital payment. This is because crypto transactions are processed on blockchain technology that verifies, secures, and enforces privacy on every transaction.
 
It also helps that it is decentralized because that means customers aren’t required to share their personal data during a transaction. Likewise, each transaction is encrypted. This makes it impossible for hackers or any third parties to steal from you or your customers. It can also prevent chargeback fraud.
 
As the world is contemporarily transcending from fiat currencies to cryptocurrencies, it is worthwhile for your business to go along and adapt to the present environment. With cryptocurrency, your company can face the digital age with confidence and security.
 
In order not to be left by the digital world, the first step in diving into the realm of blockchain and cryptocurrency is finding the best cryptocurrency payment gateway for your business.
 
FloxyPay Crypto Payment Gateway is the best crypto payment provider you can trust any day and any time. You will be humongous amazed by just how much it can change the way you do your transactions with your customers and clients.
 
Contemporarily, FloxyPay serves thousands of businesses that actively sell their goods and services using our crypto payment solution.

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