What is Crypto Processing Engine and what is it used for? How to choose the best solution?
For the last few years, Blockchain and Crypto Technologies took their place in our lives and every day it is hard to find someone who has never heard anything about the tokens, crypto exchanges, or financial transactions in cryptocurrencies. The evolution of the above-mentioned technologies allows changing the natural order of things and using them in those fields where nobody had ever thought of applying before.
The low trust of Governments, businesses, and common individuals in cryptocurrencies and Blockchain has changed to genuine interest and strong will to develop new business opportunities all over the globe, whether we are talking about E-commerce, Online Trading Platforms, Exchanges, Tenders, E-shops, Banking Sector, Entertainment, etc.
Settlements – is one of the most important aspects of commercial activities. With the appearance of new types of payment funds, specifically, cryptocurrencies arose a logical necessity for processing tools that can make transactions fast and secure. These days every person is aware of fiat payment services and actively uses them in everyday life. However, what can we do if it is needed to accept and transfer payments, let say, how to accept payments in Ethereum or how to accept bitcoin payments? Let’s sort everything out!
For fiat transactions, we use Bank Processing Gateway, and in every country exists its own fiat processing. The same instrument is required for the cryptocurrencies and for providing crypto payment processing services for the crypto transactions, for example, accepting bitcoin online; we should use a special service named Crypto Processing Gateway.
Processing System for Crypto Currency Payments – is a universal software solution, an instrument, which is made for fast and secure transactions, deposits, and withdrawals of funds and of course for processing any type of settlements in cryptocurrencies online.
What should you do if you wish to expand your business and accept payments in crypto?
- It is necessary to study available solutions on the market and make a list of companies-providers, which, by the way, are few.
- It is necessary to check the functionality of this or that Crypto Processor (performance, security, availability, list of supported coins. Please, remember, that a large number of features sometimes means poor quality and stability of the solution.
- It is necessary to look through the case studies of the companies that already use Crypto Payment Gateway and for how long?
- It is necessary to get aware of the client’s feedback and talk with each provider.
- It is necessary to receive complete information about commercial terms and conditions and make a comparison of competitive providers.
Upon having all the data, you will be able to evaluate the necessity of using this or that solution for your business and choose the most appropriate Crypto Processing Engine.
I would like to say that Blockchain and Cryptos are our reality today. Maybe in one-two year paying for the goods and services in cryptocurrencies will be something very usual as it happened with the Internet, Mobile Phones, Virtual Reality, and other innovative technologies.
Please have some time and think about the purchase and integration of a Crypto Payment Gateway. As a developer of its own Crypto Solutions, Merkeleon Company can offer you its Crypto Processing Service with support of major Cryptos (BTC, BCH, LTC, ETH, DASH, DOGE, XRP, ZEC, etc.); the list of available coins is constantly extended. If you wish to know more about the terms of integration and cooperation conditions as well as to get detailed product information and check the pricing policy, you can get in touch with our qualified specialists at your convenience.