How To Use Bitcoin (BTC) To Send And Receive Money
Today, Bitcoin is a favorite of businesses due to its affordable transaction fees, no borders, and blockchain structure that makes transactions very fast. Bitpace stands out as a cryptocurrency payment gateway that aims to make the processes smoother for all businesses looking to benefit from these advantages of cryptocurrencies. Today, we will discover how integrating Bitpace can provide numerous advantages that businesses can achieve in money transfers with Bitcoin even further.
3 Reasons to Send and Receive Bitcoin (BTC) for Business Payments using Bitpace
Thanks to its structure on the blockchain, businesses today tend to use Bitcoin as a means of making payments to ensure transparency and security. While cryptocurrencies are generally categorized as extremely risky financial assets, many factors set Bitcoin apart, such as ETF approval and its market capitalization. Businesses may choose Bitcoin as a payment method for different reasons:
1. Low Transaction Fees: Money transfer transactions in the traditional banking system can sometimes be very expensive for individuals and businesses. Bitcoin, however, transparently guarantees an extremely smooth transfer process with no third parties involved, and charges much less transaction fees than traditional banking for money transfers. Thanks to its strong relationships with banks and other payment instruments, Bitpace combines speed, cost-efficiency, and exceptional success rates in all kinds of transactions for businesses.
2. Quicker Settlement Times: Another very important consideration for businesses that make frequent money transfers is the time taken to complete the transactions. One of the most frequently used methods of sending money today is through the use of banking systems as an intermediary. However, the occasional delays in such traditional money transfer transactions can cause businesses to lose time and cash. On the other hand, sending money through Bitcoin does not involve any intermediary, and the transaction is usually completed within a few minutes to a few hours depending on the network density. The fact that all transactions can be transparently tracked on the blockchain can reflect both the security and the estimated arrival time of the funds. In addition to that, by combining Bitcoin’s inherent quickness with Bitpace’s lightning-fast conversion and settlement features, it’s easy for businesses to avoid the common delays associated with traditional currencies!
3. Cross-Border Transactions: Among other advantages, Bitcoin also offers great advantages to businesses in cross-border money transfer transactions. All you require to make a payment to any person or business is a cryptocurrency wallet that supports the Bitcoin network, and it does not matter where the owner of the receipt address is located. While all kinds of money transfer transactions are easily realized on a global scale very quickly, the fact that it’s borderless, along with all the other advantages it provides, has made Bitcoin a favorite in international payments. Businesses integrating Bitcoin through Bitpace can easily perform all kinds of money-sending and receiving transactions borderlessly and become global actors.
How Businesses Can Receive Bitcoin (BTC) using Bitpace?
As a cryptocurrency payment gateway, Bitpace enables easy receipt and secure storage of Bitcoin transfers to your business. With Bitpace, which allows you to seamlessly receive payments in more than 70 top cryptocurrencies, businesses can send and receive money in Bitcoin anytime and anywhere.
Get Bitcoin (BTC) payments via the link
Create unique payment links for your customers for each purchase or payment. Then share the payment link via message or e-mail, and get paid in Bitcoin securely from anywhere in the world!
Receive Bitcoin (BTC) payments in large sums
Bitcoin payments don’t have amount limits. If you need to send or receive large sums, crypto makes it easy to get your payments fast. Without the transfer limits and delays of traditional payment rails, you’ll get your payments in no time.
Receive Bitcoin (BTC) payments 24/7
Bitcoin payments are not limited by traditional working hours, holidays, or sick days. Instead, any business can get paid right away with crypto from anywhere in the world, no matter the time or day.
Advantages of Bitpace for Business Bitcoin (BTC) Payments
Bitpace stands out as a cryptocurrency payment gateway to be integrated into businesses for sending and receiving money with Bitcoin. Bitpace has exclusive solutions for the following industries:
- Financial Institutions
- Real estate sector
- Automotive sector
- E-commerce
Bitpace offers a payment gateway accessible in over 20 languages and supports its customers wherever they are in the world in their payments with Bitcoin. In addition, the ease of integration with the most important e-commerce platforms such as OpenCart and WooCommerce ensures trust in Bitpace. Other opportunities that Bitpace offers to businesses in money transfer transactions with Bitcoin can be expressed as follows:
Stable conversion rates: Our platform is all about keeping things steady. You decide how long, and we’ll lock in a fixed conversion rate for you. No more worrying about the ups and downs of the market.
Multiple payments, one clear view: We help you monitor all your incoming transactions, letting you review incoming payments and manage your payment history from a bird’s eye view.
No fuss refunds: With Bitpace, you can handle occasional refunds without a hitch. Our refund feature makes your reimbursement rules easy to follow, whether it’s sorting out overpayments or underpayments, ensuring your customers are always happy.
Security & Privacy
The security of businesses is Bitpace’s top priority. The payment gateway uses advanced encryption and authentication tools to ensure every transaction is secure and protects sensitive information.
Transactions through Bitpace’s payment gateway come with enhanced privacy. Personal and financial information remains private, giving both merchants and customers peace of mind.
Auto Conversion
Received crypto funds can be automatically converted into preferred settlement currencies (EUR, USD, USDT, USDC). Stop losing time and money due to market fluctuations or conversion errors with Bitpace.
If you are also interested in sending and receiving money with Bitcoin for your business, Bitpace will accompany you in this unique world of cryptocurrencies!