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In the infant yet growing landscape of crypto payments, ForumPay emerges as the number one choice for effortless crypto transactions. What makes ForumPay stand out?
Step 1: Signing Up
Getting started with ForumPay is easy. By visiting ForumPay.com, merchants can sign up for a free account. Once the KYC process is done and approved, merchants can install the ForumPay software into their online or in-store business.
- Online Stores: ForumPay presents an effortless solution for merchants to accept crypto payments online through its button code and hosted payment page. The setup process is quick, enabling businesses to be up and accepting crypto within minutes.
- In-Store Businesses: ForumPay’s solution for in-store integration is simple. Merchants install the ForumPay software, which generates QR codes for customers to scan directly from the POS terminal. This is an efficient way for those wondering how to accept crypto payments in their physical store. ForumPay can provide a dedicated device with its payment solution pre-loaded if the user doesn’t have an existing POS terminal.
After signing up for a ForumPay account, inputting profile information, and installing the software, merchants are ready to accept bitcoin payments and other crypto payments.
Step 2: Customer Makes a Purchase
When a client is ready to pay with bitcoin or another cryptocurrency, ForumPay software generates a unique QR code; the client simply scans the QR directly from their crypto wallet. ForumPay’s price determination technology immediately gives the best crypto-to-fiat conversion rate the moment the purchase is made. (Watch video)
Step 3: Effortless Crypto Transactions
Now the exciting part happens. The chosen cryptocurrency, whether Bitcoin, Ethereum, or any other, swiftly converts into fiat currencies like USD, EUR, and more. This conversion happens instantly with the help of the Limitlex exchange – a smooth transition from digital to traditional currency.
This instant conversion is one of the main ways ForumPay sets itself apart from the competition. Other options on the market settle in crypto, leaving businesses at the mercy of crypto market volatility. Others take time to convert, meaning either the client or the merchant could be left with a sale conversion at an inappropriate and untimely rate.
Step 4: Settling Payments
ForumPay keeps track of the user’s transactions throughout the day, creating a detailed record of their digital activities. But that’s not all. At the end of each day, ForumPay handles the final step – the settlement. This involves adding up the day’s purchases and sending the total to the merchant’s account. Users can choose to keep the funds there or transfer them directly to their bank account using traditional banking methods.
ForumPay is more than just a payment processor; it’s designed to attract new business customers while providing clarity and simplicity to crypto transactions. In a world where digital interactions are becoming the norm by the day, ForumPay stands as the best crypto payment solution on the market. To learn more and start accepting crypto, visit www.forumpay.com today!
