How To Use Bitcoin To Pay For International Invoices
One of the easiest ways to use Bitcoin for international payments is through a cryptocurrency payment gateway like Bitpace. By combining Bitpace’s user-friendly interface and unique capabilities with Bitcoin’s advantages such as speed, accessibility, security, and transparency, both businesses and individuals can easily make international payments.
Why Choose Bitcoin For International Payments?
The use of Bitcoin in international payments offers many advantages to businesses and individual users. As a cryptocurrency, Bitcoin stands out by providing speed, accessibility, and cost-efficiency in international payments, as well as not requiring conversion between currencies. In addition, the fact that any payment can be tracked transparently can also be listed among the advantages of Bitcoin in payments. As a decentralized currency operating on a blockchain, businesses or individuals using Bitcoin are not subject to the intervention of any third party such as the government or other financial institutions.
How Does Bitpace Crypto Payment Gateway Work?
As a crypto payment gateway, Bitpace works by generating unique cryptocurrency addresses for customers to send their payments to. The generated cryptocurrency addresses are unique to businesses and can be used in many ways, including for international payments, providing businesses with payment solutions. Once the payment is received and confirmed on the blockchain, the gateway notifies the merchant and completes the transaction.
Receive payments in Bitcoin (BTC): Bitpace allows businesses to receive payments in more than 70 cryptocurrencies seamlessly, businesses can send and receive money in Bitcoin anytime and anywhere.
Accept Bitcoin (BTC) payments at checkout: Bitpace can be seamlessly integrated into a business’s checkout page and guarantees that there are no hang-ups when paying for international invoices in Bitcoin.
Get Bitcoin (BTC) payments via the link: Create unique payment links for 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 have no limit on the amount. When businesses need to send or receive large sums for international invoices, crypto makes it easy to receive payments quickly. Without the transfer limits and delays of traditional payment rails, any payment will be reflected 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. Thanks to the principle of Bitcoin’s 24/7 operation, international payments of businesses will never be delayed and the business always keeps operating.
Benefits Of Using Bitcoin Over Traditional Currencies
Speed: Making international payments in traditional currencies brings with it many efficiency problems. The first of these problems is speed. Given the controls and other technical inefficiencies in banking systems, international payments in traditional currencies can sometimes take days. On the other hand, transactions through Bitcoin are instantly sent to the blockchain and usually take no more than a few hours for any transaction to take place.
Accessibility: The most important requirement for international payments to be made with Bitcoin is that the individuals or institutions sending and receiving the money have Bitcoin wallets. Since no geographic conditions are required to create a Bitcoin wallet, people from all over the world who can connect to the internet can easily create a Bitcoin wallet without the complex processes involved in banking.
Cost-effectiveness: International payments in traditional currencies are not only slow but can also be quite costly. On the other hand, international money transfers can be made at much more affordable rates with Bitcoin, especially since payments can be made easily without any intermediary.
No Currency Conversion: Exchanges between currencies today can be very costly due to the high commission rates involved. In addition, exchange rate differences can arise in international payments where traditional currencies may be different, costing more than the relevant payment. Bitcoin can be easily converted into traditional currencies at much lower costs, contributing to its cost-efficiency principle.
If you want your international payments with Bitcoin to be smooth and seamless, take advantage of the numerous advantages in the privileged world of Bitpace!