Launching a new crypto exchange platform through innovative blockchain technology now offers merchants a broader support system as well as many other much-needed benefits. — At the forefront of this new licencing agreement, iPayTotal is actively seeking appropriate bank acquirers or entities to partner with the payment solutions company in what is promised to be a long-term measure to assist current and new merchants, especially those in the high-risk industries.
How this new, value-added service will benefit merchants
Merchants selling products online or even at their physical stores now have the technologically advanced option to offer their customers a simpler and more convenient method to transact.
Essentially, what this agreement between UK’s leading payment solutions company, iPayTotal, and the estimable company responsible for this innovative and interactive interface, CryptoMatix, is a secure and simplified service for merchants who desire to purchase cryptocurrency using FIAT.
This opens the door to a vast and diverse customer base for merchants through which a higher revenue can indubitably be expected after integrating this seamless option on a merchant’s current account. — The good news regarding the integration process is that the business model of any merchant will remain the same.
The only difference will be in the benefits, including added features with simplified methods to encourage customer attraction, acquisition and retention.
Why is iPayTotal doing this?
As merchants across the world will have experienced in using payment solution providers is the unfortunate occurrence in which a particular acquirer’s processing is unavailable at that moment when a merchant’s customer relies on that acquirer’s payment processing. In such cases, merchant services providers switch to other acquirers in order not to disrupt the payment processing.
iPayTotal wants to take this to a new level in which merchants can have a fully reliable system in place with no glitches or delays in processing transactions.
There are also a host of benefits in offering this new service.
A dedication to partner with more acquiring banks/entities
iPayTotal wants the best for its merchants. This is the primary reason to be always on the look out for updates in the payment industry, staying on top of emerging technologies to assist merchants with better delivery and services.
For this reason, the company has embarked actively to partner with the right acquirers to suit the vast solutions and verticals we currently offer merchants.
Added acquirers / banking entities will enable merchants to have full support.
This is iPayTotal’s motivating factor in seeking this new and truly revolutionary service.
The reality is that other payment solution companies often face the battle in supporting merchants 24/7 since an acquirer may not be able to process a particular payment on that day; now, with this new innovative crypto exchange platform, and iPayTotal’s special drive to take on new acquirers, merchants will have the full support they need to ensure their customers are always satisfied.
How this Crypto Exchange Platform will work
In order to provide first-rate services to merchants, acquirers will be sought to offer fast payments, at the most T+2 and rates between 1-2%. This will enable this new interface to support large transaction volumes, which is something iPayTotal values in ensuring its merchants have the option to perform.
This new interface is a seamless integration into the existing website that offers customised workspaces, top-notch tool tips and simplified order forms.
The integration will not affect the merchant’s business model, as mentioned earlier, which is something that aids in preventing any wasted time during the onboarding or integration process.
Furthermore, this crypto exchange platform eliminates chargebacks—a sure motivation for all merchants to consider iPayTotal’s new integration service.
What’s more, iPayTotal eradicates volatility risk because all settlements are performed in local currency, transferred to the merchant’s bank account directly.
Greater benefits to expect
- Trade top cryptocurrencies with up to 50 times leverage
- Seamless transfers between Kraken Spot and Kraken futures markets
- Flexible and intuitive trading interface
- Personal support
- Security of large transaction volumes.
How iPayTotal will assist
Your business will now accept crypto payments seamlessly. With the company’s secure payment gateway, your business can grow successfully, enabling your customers around the world to use cryptocurrency to transact on your website.
Integration Options
iPayTotal offers easy and fast integration methods, making it streamlined and simple to incorporate our integrated cryptocurrency services to your website.
They also offer full support to their merchants with a ready team, available 24/7.
Cryptocurrency Acceptance
Your business can accept crypto everywhere because iPayTotal’s various solutions adapt to your business’s specific needs, keeping your customers at the forefront of the types of transactions you need most.
Crypto or Local Currency
You can settle in crypto or in local currency, which will help you to avoid any volatility risk.
iPayTotal offers a competitive and low conversion fee of only 0.8%.
Receive the Payment
Receive the money into your bank account (or crypto wallet) in a seamless manner, thanks to iPayTotal’s streamlined integration solutions.
Your business can expand its services worldwide since the payment solutions company supports all major currencies, offering global pay-outs to over 130 countries using 1 API call.
Added benefits
Your customers can also fund their wallets using traditional methods like credit cards and bank transfers—these funds will be converted to crypto and can be stored safely in the wallet.
Whenever your customers need to convert the cryptocurrency back to FIAT, they can do so by transferring those funds to any bank account, globally.
iPayTotal’s account onboarding allows your business to create compliant accounts to perform KYC checks on your customers.
Finally, merchants will have instant access to real-time crypto transactions on your merchant dashboard. This gives full control of all transactions as well as early detection of any flagged transactions.
Your merchant dashboard also helps you to:
- Track orders
- Track payments
- Fast-track account reconciliation and customer refunds.
Merchants and businesses who will benefit from this Crypto Exchange Programme
- Crypto payments for e-commerce
Integrate iPayTotal’s payment solution for your online store within minutes and begin accepting payments from around the world through an easy and preferred method of payment, offering your customers a better, more convenient way to purchase on your website.
- Crypto payments for Retail POS
iPayTotal offers your physical store the chance to accept cryptocurrency, using POS machines and mobile devices. This alternative payment method increases customer satisfaction and draws in more customers.
- Crypto payments by invoicing
Your business can now accept crypto payments from your customers with only one link. iPayTotal makes this process easy by eliminating coding, allowing you to create a crypto payment link in minutes and send it to your customers via email.
- Crypto payments for PSPs
Integrate iPayTotal’s crypto payment solution to your existing payment gateway to attract more customers. With a white label offering, the credit of iPayTotal’s advanced technology, coupled with CryptoMatix will belong to your brand name alone.
- Crypto payments for remittance
With this convenient and safe money transfer solution, payment processing companies can now engage and attract new remitters by offering iPayTotal’s crypto payment solution.
If you’re a merchant interested in offering this unexceptional service to your customers as well as to 150 million cryptocurrency customers already in the global market, contact iPayTotal on +44 800 776 598.
For acquirers who want to partner in this new and exciting venture, contact iPayTotal at info@ipaytotal.com.
