Eracom works on a crypto payment gateway that enables merchants to accept payments in cryptocurrencies as an alternative to traditional fiat currencies such gateway acts as an intermediary between the merchant’s website and the blockchain network to facilitate secure and seamless transactions. It converts the cryptocurrency payment into the desired fiat currency, offering merchants the ability to receive payments in a more stable form
A crypto payment gateway enables businesses to receive payments in cryptocurrencies and converts them into traditional currencies or retains them in crypto.
Transactions are secured using blockchain technology, providing a secure and transparent transfer of funds.
Payments are processed on a decentralized network, bypassing the need for intermediaries such as banks.
Cryptocurrencies can be used by anyone with an internet connection, allowing businesses to reach a global audience.
Compared to traditional payment methods, crypto payment gateways often have lower transaction fees.
Transactions are processed quickly, providing merchants with fast access to their funds.
Acceptance of multiple cryptocurrencies provides merchants with greater flexibility in choosing the crypto assets they wish to receive payments in.
Crypto payments work by using cryptocurrencies such as Bitcoin, Ethereum, etc. as a means of transaction. The process involves converting fiat currency into cryptocurrency and then making transactions with the crypto assets.
The transactions are recorded on a decentralized ledger called blockchain, which ensures a secure and transparent transfer of funds without the need for intermediaries like banks. The recipient can then convert the received cryptocurrency back into fiat currency if desired, to make a crypto payment, one needs a crypto wallet to store their assets and access a platform or exchange to facilitate the transaction.
We create a platform that allows for the seamless and secure transfer of funds using cryptocurrencies in a decentralized manner. This type of payment gateway uses blockchain technology to facilitate transactions, bypassing the need for intermediaries such as banks.
The payment gateway is integrated with decentralized exchanges, wallets, and other DeFi protocols to offer users a seamless experience for making crypto payments whereas Defi payment gateways are also typically open-source, transparent, and accessible to anyone with an internet connection, providing users with greater control over their funds.
Multi-cryptocurrency payment gateway development involves creating a platform that allows for the acceptance of multiple cryptocurrencies as a form of payment. This type of payment gateway supports various cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, etc., providing merchants with the flexibility to receive payments in their preferred crypto assets. The transactions are processed securely on a decentralized network, bypassing the need for intermediaries such as banks.
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