What benefits does accepting cryptocurrencies payments give me?
There are several benefits in comparison to conventional payment methods that you should know about:
Irreversible payments. Forget about the chargebacks - once the payment in cryptocurrency is made, it cannot be reversed, so you will get your payment with 100% certainty that no one will be able to reverse the transaction.
Customer privacy. When paying with cryptocurrencies, customers do not disclose their private information, because there is no need for it - Bitcoin network operates without trusting any third parties. As a result, it’s always up to you how much information you want to get from your shoppers.
Low fees. Credit card companies usually charge up to 3% of the transaction amount, not to mention various additional fees. With CoinGate, you can accept cryptocurrency payments for only 1% of the transaction amount. No monthly, registration, or support fees. But most importantly, no hidden fees.
More opportunities. When you have such a unique payment method, new marketing opportunities emerge.Learn how you can transform cryptocurrency payment method into a powerful marketing tool.
Wider customer base. More payment methods equals more customers. Give your shoppers more flexibility at the checkout to attract crypto-friendly customers and boost your sales as a result.
Learn more by reading this article.