Benefits
Crypto-commerce merchant benefits.
INCREASE ACQUISITION
- Many players & traders already own crypto.
- 100% success rate.
- Instant deposits & pay-outs.
- Be in the innovation front.
REDUCE RISK
- Gaming & Forex are markets with historically higher settlement risks.
- No more ‘complaints’.
- Regulation of crypto blockchain activity is evolving. Currently, transaction settlement is based on each blockchain’s methodology for transaction validation not jurisdictional oversight.
- Options for zero exposure on crypto price volatility.
- Keep internal accounting and balances with regular FIAT money while accepting crypto.
LOWER COSTS
- Processing fees are 70% lower than traditional bank transfer payments.
- No remittance costs or high FX fees.
- Instant settlement, in either crypto or fiat, from a European regulated entity.
OTHER BENEFITS
- Quick movers and innovators in the market can attract more users and increase market share.
- Fully compliant and regulated solution.
- Solution works globally, and has no borders.
- Solution works for any cashier balance currency. Can receive BTC and credit balance in CNY/THB/VND/etc.
Key advantages of Orbital's solution
- Fast clearing - payment success notification at zero confirmations from the blockchain (almost real time transactions).
- Instant conversion to a major fiat currency (USD/EUR/GBP), eliminating crypto/bitcoin price volatility risk.
- Immediate availability of settlement funds (in either crypto or fiat).
- Flexibility on payment values, being able to pre-select an amount and lock conversion rates as an invoice (in crypto or fiat) or give the ability for customers to deposit any amount at any time.
- Network Fees optimisation, never pay more than required to broadcast a transaction in a blockchain.
- Other crypto processing solutions are designed for e-commerce, and can only offer services when the merchant can provide a fixed transaction amount in crypto. This does not work for gaming & forex industries.
- Create invoices with any amount in FIAT values that will be credited to your FIAT balance and can be paid by end-users in any of the supported crypto currencies.
- Generate unique addresses for each user that can be used at any point in time in the future, so if a player sends crypto to an old address, it would still get allocated.
- Ability to use payment methods that use custom address reusability, optimising network fees and operational costs.
Updated about 2 months ago