The endless benefits of accepting cryptocurrencies are now pushing the e-commerce industry toward mass adoption. Fortunately, utilizing crypto payment solutions do not come at a great cost. In fact, some of the better crypto payment gateways such as Nebulox.io do not charge any fee to start working. In This article, we will point out some of the biggest benefits of accepting cryptocurrencies.
Get your 20-day free trial with the ultimate crypto payment gateway
Top Benefits of Accepting Cryptocurrencies for Merchants
In general, there are multiple benefactors that make crypto solutions a desirable approach. Here are some of the top advantages:
Less Money Spent: Undoubtedly, making transactions with crypto assets have significantly less fees. With that, merchants will save a lot on their fees which will turn into profit. With a very rough estimate, crypto transactions have less than 1% in fees. Mind you, international transfers do not have any additional cost if done via crypto.
International Transfers: At the moment, international bank transfers are impossibly difficult due to endless regulations. That leaves merchants with payment processors such as PayPal or Visa/Master. However, payment processors charge over 4% for international transactions. On top of that, the regulations will still create obstacles. By far, the very best solution for international payments is to utilize cryptocurrency payments.
Privacy: As it is our right, both the merchant and the customer must have the chance to maintain privacy. With that, strict KYC requirements from payment processors make it hard to maintain anonymity. Thankfully, with a suitable crypto payment gateway like Nebulox, both parties can remain anonymous.
Direct Access to Funds: Using payment processors or banks, there is always a third party involved in your business. That eliminates easy and instant access to your funds and reduces your financial freedom. In case of cryptocurrencies, merchants have full access to their assets and have the ability to deposit and withdraw any time of the day.
Instant Settlement: Perhaps, one of the most annoying parts of digital transactions is the chargeback. With a third party involved, merchants will have to deal with chargebacks all the time. However, one of the biggest benefits of accepting cryptocurrencies is the immediate settlement.
Nebulox.io
Nebulox.io takes the already fantastic benefits of a crypto payment gateway to the next level by offering even more to merchants. To start, merchants can take advantage of the 30-day free trial available through Nebulox.
The exclusive crypto wallet offered by Nebulox provides merchants with a range of unique benefits, including the option to automatically convert their deposits into stablecoins to protect against market volatility. Furthermore, merchants can schedule withdrawals from the Nebulox wallet directly to their preferred account, and even have the ability to exchange cryptocurrencies through the platform.
One of the key advantages of using Nebulox is the ease of integration, with a simple one-api solution providing merchants with a comprehensive and user-friendly report of all their transactions. Additionally, the Nebulox helpdesk is available 24/7 to answer questions and provide technical support.
Despite offering an extensive range of benefits, the cost of using Nebulox remains low and competitive with other e-commerce crypto payment methods, which are known to have low fees.
In terms of fees, integrating Nebulox Bitcoin payment gateway into a platform does not cost anything. The only way Nebulox earns capital is by charging a 0.5% fee on each transaction. This amount is much lower than the average of 1% that our competitors charge.
