Bitcoin Payments solution

Bitcoin Payments solution

10/24/2020
HowToPay now supports Bitcoin for Payments
HowToPay HowToPay

HowToPay now supports Bitcoin for Payments.

 

HowToPay® is now offering its business users the ability to receive payments via Bitcoin from clients and receive regular currency in their digital wallet account. This allows business accounts to accept bitcoin online without having to manage or understand the cryptocurrency.

 

Note that HowToPay is not operating as a Bitcoin Exchange rather providing the infrastructure for business accounts to accept the currency easily from clients online. See: https://support.howtopay.com/news/nocryptoecxchange

 

Business users can better cater to their clients who wish to use Bitcoin to buy products online, increasing profits by giving more options for secure payments.

 

And it is so simple. All the business user needs to do is to inform HowToPay® that it wishes to accept Bitcoin and HowToPay® adds it to the available payment options. Bitcoin is the market leader for secure online international transactions. The Global Bitcoin payment ecosystem market size is forecast to reach $630 million by 2025, growing at a CAGR of 23.4% from 2020 to 2025.

 

Key Takeaways as reported by the major financial markets:

Increased ability to perform smooth transactions, lack of third-party interruptions leverages a positive impact on the market growth. Moreover, lower transaction charges, growing economic conditions are some of the factors likely to enhance the growth of the Bitcoin payment ecosystem market in the forecast period 2020-2025.

APAC region is anticipated to dominate the global bitcoin payment ecosystem market in the forecast period 2020-2025 owing to growing digitization, technological developments, strategic collaborations and others.

 

HowToPay creates a unique Bitcoin address for each transaction so that business users don’t need to manually check off each incoming anonymous payment against outstanding Invoices or “Payment Requests”. While Bitcoin has its benefits the anonymous nature of Bitcoin has made it difficult for business users to match payments to individual client invoices. For example if you sell software online for the same price of $49 and you get 100 transactions in a day for the same amount how do you automatically allocate each incoming payment to its intended client?

HowToPay has resolved this issue by creating a system that makes each client a unique Bitcoin Address and monitors the Blockchain live for updates. Making the whole solution Fast, Secure and automated. Once a business account is connected to our API they have full access to our global suite of payment solutions including Bitcoin.



For more information please email our 24/7 support team at support@howtopay.com



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