As crypto becomes increasingly popular, more businesses are also accepting crypto as a form of payment. However, it can be difficult to understand how to go about using your favorite coins in the real world. This can be done with the help of crypto payment gateways like Globiance who offer merchants the option to receive their desired crypto to their merchant account or auto-convert it to Fiat currencies or Globiance own Stable Coins to remove the volatility risk.
In this article, we will explore how you can use your crypto assets around the world.
Spending Bitcoin (BTC) is still not as easy as spending regular money, but there are certainly more options available now than there were just a few years ago.
Globiance Crypto Gateway is a borderless and secure crypto payment technology for businesses all around the world. It allows merchants to accept payments in any crypto or convert them instantly into cash. With its unique features, Globiance is revolutionizing how people spend their crypto assets.
Listed below are practical ways Globiance can assist you to make use of crypto in the ‘Real World’ of transacting:
The Internet has become a universal communication medium, making it easier for merchants to offer their services in the digital marketplace. With the increasing smartphone and internet penetration, the use of services on virtual platforms has increased greatly.
Moreover, the integration of blockchain technology has also had a positive impact on the market growth. Blockchain can enable secure payments and provide transparency in gambling businesses and other sectors. Gambling with cryptocurrencies offer tremendous opportunities as they involve fast and secure transactions. With Globiance Crypto Gateway, you can use your crypto assets to play in any casino that accepts Crypto or converts them instantly into cash.
There are also several sites in the online gaming industry that accept cryptocurrency as a payment option. You can use your crypto assets to buy game credits or even convert them instantly into cash at Globiance Crypto Gateway.
One of the most obvious uses for Crypto is online shopping. There are still quite a few sites that offer discounts when you pay with Crypto, including Jetcost and Overstock. Attributing to sheer convenience, it won’t be long until it is considered the virtual payment method of choice.
Shopping in Retail Stores
Globiance offers merchants the opportunity to accept payments in a cryptocurrency or convert them instantly into cash. With its unique features, Globiance is revolutionizing how people spend their crypto assets. You can use your crypto to buy goods at retail stores around the world. There are a number of brands that already accept crypto as payment like Microsoft and Dell.
There is no need for you to have a credit card if you don’t want it anymore. Gift cards can be bought with cryptocurrencies and used just like debit cards at any store accepting them. The best part is that you will never get unwanted spam emails or have to worry about identity theft.
The travel industry is one of the most promising sectors for cryptocurrencies and blockchain technology. Globiance Crypto Gateway will help you use your crypto assets as cash or convert them into a currency at a favorable exchange rate. This way, you can save money on traveling expenses such as plane tickets and hotel reservations.
There are also quite a few companies that offer medical services using cryptocurrency payments. The best part is that the blockchain technology ensures transparency and security of transactions. Globiance Crypto Gateway will help you use your crypto assets as cash or convert them into a currency at a favorable exchange rate. This way, you can save money on medical expenses like prescriptions and treatment costs.
Globance Crypto Gateway is also working to revolutionize education with blockchain technology. It offers students in developing countries an opportunity to access quality education using cryptocurrency payments. Students will be able to learn about programming languages and smart-tech skills that will help them build a successful career.
What makes Globiance Crypto Gateway so special?
Globiance is on the XDC network (XinFin) Blockchain 4.0 which utilizes fast, military-grade, secure software. It has minimal transaction confirmation times, and the lowest transaction fees. It also has ISO 20022 interoperability, and even forensic tools. The XDC Network is one of the most optimum layer1 blockchain infrastructure.
Crypto Payment Gateway Benefits:
• Lower Transaction Fees
• Merchant Protection — no risk of chargebacks
• Definite Transactions — merchant receives funds instantly, blockchain technology ensures the client has funds in their account before a transaction is completed and transactions can not be disputed or canceled
• No Rolling Reserves
• No Risk
• Increased Sales — the additional payment option enhances sales capability and creates an international payment solution
• Customer Convenience — offering clients and additional payment option with additional protection of their information
• All your financial needs on one platform
Merchant Withdrawal Options
Once a merchant has been credit funds from a customer the merchant can:
• automatically convert received payments to any supported Fiat or Cryptocurrency
• Hold the balance in their Globiance Wallet
• Move the balance to a Globiance IBAN (which can be ordered optionally)
• Withdraw to any external IBAN
Customer Payment Options
Globiance has made paying with cryptocurrency as simple as with credit&debit card transactions.
Upon checkout the customer will have the following payment options:
• Scan the QR code with their Globiance app.
• Scan the QR with and external wallet app (e.g. D’CENT or MetaMask).
• Copy and paste the wallet address provided to pay with a wallet of the customers choice.
Browser Wallet (coming soon)
• Connect to a browser Wallet (eg XinPay or Metamask) and make the payment.
Globiance is a banking and exchange platform complete with payment gateways, banking services, stablecoin, and a centralized and decentralized marketplace. Globiance offers services for both corporate and retail customers from branches in 13 countries, servicing 5 continents — with more on the way. Users have access to crypto and Fiat wallets in many currencies. The personal bank/debit card is a convenient way to access crypto, shop, transact, earn rewards and more. The Platform’s deflationary utility token — GBEX, is the house-token of Globiance.