Crypto-acquiring
What is Crypto Acquiring?Crypto acquiring is the process of accepting cryptocurrency as a form of payment for goods or services. Since the degree of legalization of cryptocurrencies as a means of payment varies in different countries, crypto acquiring requires increased attention to the legal aspects of the process
Advantages
Multicurrency
Accept payments in the top 10 popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and others
Legality
PayGate's crypto acquiring always operates within the legal framework of the respective country
Fast
Cryptocurrency transactions are completed in just a few minutes
Auto-conversion to fiat
Your customer pays in cryptocurrency, and you receive payment in fiat - US dollars, euros, tenge, yuan, rubles
Multicurrency
Accept payments in the top 10 popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and others
Legality
PayGate's crypto acquiring always operates within the legal framework of the respective country
Fast
Cryptocurrency transactions are completed in just a few minutes
Auto-conversion to fiat
Your customer pays in cryptocurrency, and you receive payment in fiat - US dollars, euros, tenge, yuan, rubles
PayGate provides the implementation and support of crypto acquiring in accordance with all the legal norms that apply in the respective country.
The merchant chooses the most convenient and profitable format for accepting cryptocurrencies as payment - either by depositing coins into their crypto wallet or through automatic conversion on the payment system side, where the payment is credited in fiat currencies to the merchant's bank account. Modern technologies allow for such crypto transactions to be completed in a matter of minutes.
By offering the option to pay for your goods and services with cryptocurrency, you gain a competitive advantage in the market and additional income
The merchant chooses the most convenient and profitable format for accepting cryptocurrencies as payment - either by depositing coins into their crypto wallet or through automatic conversion on the payment system side, where the payment is credited in fiat currencies to the merchant's bank account. Modern technologies allow for such crypto transactions to be completed in a matter of minutes.
By offering the option to pay for your goods and services with cryptocurrency, you gain a competitive advantage in the market and additional income
Examples of flow in real life
Mobile Payments for Application store
Task Development and implementation of mobile online payments in the Kazakhstan market for one of the world's largest telecommunications corporations using Direct Carrier Billing (DCB) technology Result Residents of Kazakhstan now have the ability to pay for all their purchases in the Application store not only with a bank card but also from their mobile account of the largest mobile operators in the country. One of the main advantages of this payment method (DCB) is its anonymity - there is no need to share your bank details with the application. The client increased the coverage of their service to 70% of Kazakhstan subscribers, with the technical possibility of expanding to 100%
Mobile commerce for the e-book service LitRes
Task Integration of a co-branding project for the e-book service LitRes and the mobile operator Tele2 - implementation of subscription payment and billing configuration using the subscriber's mobile account (DCB) Result Tele2 subscribers gained access to the LitRes library, which includes more than 250,000 books and 50,000 audiobooks, with the option to register via SMS and pay for a subscription using their mobile account. Through technical support from PayGate, the companies LitRes and Tele2 mutually expanded their customer base and improved their service level by implementing DCB technology
Mobile commerce for National Lottery
Task Development and implementation of a project to introduce a mobile payment tool DCB (Direct carrier billing) for the National Lottery of Kazakhstan Result Subscribers of all mobile operators in Kazakhstan were able to buy lottery tickets and receive winnings using their mobile account. With the expertise of PayGate, the National Lottery added DCB technology to its payment methods, which ultimately led to the popularity of this payment method on par with bank cards
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