What is Crypto Processing Engine and what is it used for? How to choose the best solution?

By |2020-01-20T18:02:33+00:00April 10th, 2018|Tags: |
  • Merkeleon - Crypto Processing

For the last few years, Blockchain and Crypto Technologies took their place in our lives and every day it is hard to find someone who has never heard anything about the tokens, crypto exchanges or financial transactions in crypto currencies. Evolution of above-mentioned technologies allows changing the natural order of things and use them in those fields where nobody had never thought applying before.

Low trust of Governments, businesses and common individuals in crypto currencies and Blockchain has changed to a genuine interest and strong will to develop new business opportunities all over the globe, whether we are talking about E-commerce, Online Trading Platforms, Exchanges, Tenders, E-shops, Banking Sector, Entertainment, etc.

Settlements – is one of the most important aspects of commercial activities. With the appearance of new types of payment funds, specifically crypto currencies, arised a logical necessity for processing tool that can make the transactions fast and secure. These days every person is aware of fiat payment services and actively use them in everyday life. However, what can we do if it is needed to accept and transfer payments, let say, how to accept payments in Ethereum or how to accept bitcoin payments? Let’s sort everything out!

For fiat transactions we use Bank Processing Gateway, and in every country exists own fiat processing. The same instrument is required for the crypto currencies and for providing crypto payment processing services for the crypto transactions, in example, accept bitcoin online; we should use a special service named Crypto Processing Gateway.

Processing System for Crypto Currency Payments – is an universal software solution, an instrument, which is made for fast and secure transactions, deposits and withdrawals of funds and of course for processing any type of settlements in crypto currencies online.

What should you do if you wish to expand your business and accept payments in crypto?

  1. It is necessary to study available solutions on the market and make a list of companies-providers, which, by the way, are few.
  2. It is necessary to check the functionality of this or that Crypto Processor (performance, security, availability, list of supported coins. Please, remember, that large number of features sometimes means poor quality and stability of the solution.
  3. It is necessary to look through the case studies of the companies that already use Crypto Payment Gateway and for how long?
  4. It is necessary to get aware of the clients feedback and talk with each provider.
  5. It is necessary to receive complete information about commercial terms and conditions and make a comparison of competitive providers.

Upon having all the data, you will be able to evaluate the necessity of using this or that solution for your business and choose the most appropriate Crypto Processing Engine.

Conclusion

I would like to say that Blockchain and Cryptos are our reality today. Maybe in one-two years paying for the goods and services in crypto currencies will be something very usual as it happened with Internet, Mobile Phones, Virtual Reality and other innovative technologies.

Please have some time and think about the purchase and integration of a Crypto Payment Gateway. As a developer of own Crypto Solutions, Merkeleon Company can offer you its Crypto Processing Service with support of major Cryptos (BTC, BCH, LTC, ETH, DASH, DOGE, XRP, ZEC, etc.); the list of available coins is constantly extended. If you wish to know more about the terms of integration and cooperation conditions as well as to get detailed Product information and check the pricing policy, you can get in touch with our qualified specialists at your convenience.

Summary
What is Crypto Processing Engine and what is it used for? How to choose the best solution?
Article Name
What is Crypto Processing Engine and what is it used for? How to choose the best solution?
Description
Settlements – is one of the most important aspects of commercial activities. With the appearance of new types of payment funds, specifically crypto currencies, arised a logical necessity for processing tool that can make the transactions fast and secure.
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Publisher Name
MERKELEON eU
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