International money transfer used to be such a hassle that most merchants wouldn’t want to deal with it. Fortunately, payment processors have now made the job super easy. However, the excessive regulations and the super-high transfer fees make them less than ideal. That is of course before Bitcoin came along and revolutionized the industry. Today, making an international money transfer via Bitcoin can take place in less than a minute. As for fees, it is on average a lot less than 1% which makes it better than any other option out there. Today, we will take a close look at why Bitcoin outshines all other digital assets and how to use Bitcoin for international money transfer.
Here Are Some of The Top Websites That Accept Bitcoin
Get Paid in Bitcoin
Thanks to social media marketing, it is very easy to sell goods and services online to customers all around the world. Basically, the biggest barrier to expand your customer base globally is only the payment limitations. At the moment, PayPal charges a fee of 5% on international money transfer. Similarly, Other options are pretty much in the same ballpark. And in most countries, merchants will have to pay more taxes on payments from abroad.
Fortunately, Bitcoin miraculously eliminates all of the above-mentioned downsides and provides the ultimate solution for payments. Basically, BTC transfers are instant, anonymous and have next to no fees considering how small of a percentage they cost.
With all the advantages, utilizing Bitcoin for international money transfer does require the correct apparatus. For that, a high-functioning Bitcoin payment gateway such as Nebulox.io is necessary. Despite the ease of transfer, verifying BTC payments for merchants can take a long time and turn into a nightmare in the accounting department. On top of that, there’s quite a big risk associated with holding BTC in case the market becomes volatile and bearish.
For all that, Nebulox offers intuitive solutions that come at no added cost.
Nebulox for International Money Transfer
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.
Why Bitcoin
Currently, Bitcoin is the top crypto asset by market cap and has been this way since its debut. This means that BTC holders outnumber all other crypto holders by a very large margin. With that, Bitcoin will be the very top crypto asset to initiate international money transfer for merchants.
Despite that, Nebulox does also support other crypto assets and offers a wide variety of services for customers. Feel free to contact out team in case you have any questions and need to make an inquiry.
