Tag Archives: Cryptocurrency merchant accounts in london

If you run an online business, why not accept a digital currency as well? While there has been some discussion about whether or not to accept cryptocurrencies, now is the time to take advantage of their flexibility and offer your customers another payment option.

Bitcoin and other digital assets are increasingly being used in everyday business transactions for a variety of reasons, including investment and operation. As with any other digital innovation, there are risks, but there are also substantial benefits. In practice, the list includes not only Bitcoin but also other cryptocurrencies.

Adopting the most delinquent technology in your business ensures that your brand is credible and acceptable. Radiant Pay offers competitive terms when it comes to establishing a cryptocurrency merchant account.

In this quick read, we’ll go over the top 7 reasons why you should accept cryptocurrency into your business right now!

Transactions take place quickly.

There is no need to wait for cryptocurrency transactions. The transactions are frequently completed in real-time or in a matter of minutes. Whereas credit card payments can take days, if not weeks, to process. Multiple banks do not slow down the payment process. On the other hand, cryptocurrency allows for instantaneous transfers as well as simple, real-time, and secure money transfers.

Global Acceptance

Because everyone in the world uses the same protocols to trade and invest in cryptocurrency, there is a global presence for crypto payments. As a result, customers will be able to pay more easily, and your online store will gain value.

No fraud, hacking, or chargebacks.

Security is the most important aspect of cryptocurrency payment processing. E-commerce businesses can also use a secure cryptocurrency payment gateway provided by payment processing service providers. Consequently, whether you run a brick-and-mortar store or an e-commerce site, a crypto payment processor can assist you in securing your transactions and customer data.

When it comes to crypto payments, this makes it impossible for fraud to happen. Each transaction involving cryptocurrencies must be approved by both parties. As a result, there will be no more disputes, and chargebacks will be eliminated.

Acquire new customers.

Cryptocurrencies have a large following; more and more people are learning about them, adopting them, and investing in them. Accepting digital currencies will be extremely beneficial to your business as your customers become more familiar with and use cryptocurrencies. While this is still a niche market, it isn’t going to be for long. It’s better if you give your customers as many payment options as possible. You’ll not only attract a larger customer base and more shoppers, but you’ll also save money.

Enhances your Brand Awareness

Crypto payments are one of the best tech-savvy methods to accept payments from all over the world because they offer a more advanced and secure method than credit and debit payments. Payments made in cryptocurrency reflect well on your company. That means that if you start accepting cryptocurrency right now, you’ll be ahead of the curve and ahead of the competition.

Accepting cryptocurrency allows you to save money.

Because cryptocurrencies are decentralized, they do not require every transaction to be verified by a bank. This means your company will no longer have to pay those fees, and you will no longer have to share your hard-earned money with financial institutions.

Lower Transaction Fees

The rates for accepting cryptocurrency transactions are substantially lower than those for debit and credit cards. Accepting digital currency instead is advantageous for small businesses because their transaction volume is low compared to large businesses, which get an advantage in negotiating a lower credit card transaction fee.

Cryptocurrencies have transformed the world of finance, with benefits resulting, in large, medium, and small businesses alike. When used correctly and, above all, with the right advice, digital assets can provide a significant financial and operational benefit to a business.

The Radiant Pay team is a powerhouse of brilliant minds who collaborate to deliver comprehensive solutions that are tailored specifically for your company! We have a broad understanding of payment dynamics in a variety of industries.

We can help your business qualify for Cryptocurrency acceptance thanks to our experience and scalable payment solutions. Offering cryptocurrency payment processing services allows you to accept Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Dogecoin.

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Big Transactions No Worry with Crypto Currency

March 23, 2021 admin

Is crypto currency the future of big transactions online?

What is Crypto currency?

The world of mankind is always being business-minded from time immemorial. When man lived in caves, and many civilizations were taking shape, our formers were doing business in the barter system, which was an exchange of essential goods or livestock of equal value. As the trading boomed coins came to nearly 120 BC and the notes in around 1600 AD. Now we are here with all the modes of currency cash, Gold investment, credit and debit cards, digital currency, and numerous other ways of exchanging goods or services.

But what is the next form of currency?

Of course Crypto currency. There are several possibilities the digital transaction may go wrong or maybe hacked, so there is certainly a leak and fraud aspect that looms over all the latest digital, credit card, and online money transactions.

It is far safe and how it works?

The future currency lies with crypto currency.

It has very simple transaction processing,
Removes all the problems of modern banking, no limits the fund you can transfer,
Your accounts can’t be hacked, and no central point of failure.
The mechanism of its functioning is very unique and simple but it does not possess any physical embodiment and uses cryptography. Transfer of funds is always verified by the hashing algorithm makes it easy to verify for the users to determine a true and fair transaction.
The main reason for their reliability lies in their independence from any banks and keeping them away from cyber hackers and frauds.

Who are its expert players?

Recently there is a mushrooming number of crypto currencies nearly 1600, namely Bitcoin, Litcoin, Z-Cash, and many more are expected to come with new smart features.

You and your online business can also use this most secure way of trading online with our Radiant Pay Digital payment processing services providers based in London. Crypto currencies and high-risk transactions, with little transection cost for merchants, 24*7 excess to your money, no limits for anyone whosoever is using this with our only Radiant Pay.

Business services, Cryptocurrency Merchant Account

What is Cryptocurrency and how it works?

September 3, 2018 admin

Have you heard about the debit card or pay pal, cryptocurrency is equivalent to it except the numbers on the screen shown cryptocurrency instead of currencies like the dollar. However, to use these currencies, you do need to understand the concept of digital money, the blockchain, and cryptography.

Cryptocurrency or bitcoin is a best digital currency only exists on the computer and transfers between the peers without any interference of banks. The transactions are recorded public ledger digitally called a blockchain. Moreover, the transaction data and its record are encrypted using the cryptography. This is the reason it is called a cryptocurrency.

However, there is a drawback with this currency as it is controlled by the computer algorithm and users but not centralized by the central government. It is a globally distributed system traded online as cryptocurrency exchange like stock markets. Bitcoin is a main cryptocurrency that is used digitally unlike Ether, Ripple, and Litecoin.

Work of Crypto Currency

There is no interference of the bank in this transaction—then how does this work? The transaction is processed between the end users using the software, names as cryptocurrency wallet. One need to use this wallet for a transaction from one account to another. For every transfer, the person enters the password or private key associated with the account. The whole transaction is encrypted between the peers and the broadcast to the crypto currency’s network and added to the blockchain. Moreover, the transaction added to the public ledger via mining process.

It is kept secret who done the transaction but the amount is public and each transaction carry each set of key, whoever owns the key can transfer the amount. These transactions are added to the ledger simultaneously but it is sequentially added to the miners.

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