In focus: Match2Pay Crypto Payments

Will Revolutionise the Online Industry

The online business world is currently witnessing a monumental transformation with the rise of crypto payments, fundamentally reshaping the way transactions are conducted. Originally considered a niche trend, crypto payments are now becoming the standard that all online businesses must adopt. Customers’ expectations have evolved and traditional payment options such as banks or credit cards are no longer sufficient.

Recent research conducted by Crypto.com, a leading crypto exchange, highlights a significant disparity between consumer demand for crypto payments and the number of merchants accepting them. The study reveals a staggering 10x difference, indicating a substantial opportunity for online businesses globally and a strong desire for widespread adoption of cryptocurrency payment methods.

Crypto payments as the new norm for online businesses

What was once seen as an alternative solution for merchants grappling with banking challenges has now become the preferred choice for all market participants. Recognising this growing demand, in 2018 Match-Trade Technologies, a leading provider of forex technology developed Match2Pay, its proprietary crypto payment gateway. The software is now offered through a regulated EU-based entity, Match2Pay UAB , ensuring fund safety and the option for FIAT settlements. This global crypto payment processor enables the automatic collection and exchange of funds in crypto, boasting one of the lowest processing fees in the market. Crypto payments offer a variety of advantages, including enhanced security, fraud protection, global reach and seamless cross-border transactions.

Security and transparency

They provide robust security measures, safeguarding both merchants and customers from fraudulent activities. The transparent nature of transaction records makes it challenging for fraudsters to manipulate or counterfeit transactions. Match2Pay’s externally audited API processes all transactions, ensuring data security for merchants and their customers.

Speed and efficiency

Vital in today’s fast-paced world, and crypto transactions excel in this regard, enabling businesses to deliver a seamless payment experience to their customers.

Lower fees & cost optimization

Crypto payments often come with lower transaction fees. Match2Pay’s crypto payment gateway offers the market’s lowest processing fees, starting at 0.35% on Bitcoin, zero processing fees on payouts, and no minimum monthly fees.

Compliance with legal regulations

A crucial advantage provided by Match2Pay, as it operates as an EU-crypto custodian. This assurance mitigates potential legal risks for clients and enhances their reputation among customers. Online businesses that implement Match2Pay’s crypto payment gateway also overcome various issues associated with traditional payment methods, including high transaction fees, slow processing times, lack of privacy, and limited accessibility across borders. The company streamlines clients’ fund flow, ensuring hassle-free deposit options for investors worldwide. The Match2Pay processor can be seamlessly integrated with any third-party solution through its Rest API. Advanced security measures, such as white-listed IPs and 2FA for withdrawals, are guaranteed. Detailed reporting tools and abusive customer protection further benefit companies utilising this solution. Technical support is available 24/7 through multiple messengers and dedicated account managers are assigned to assist merchants with any inquiries.

Online gaming, gambling and sportsbooks are gaining the most of crypto

These industries face challenges with international payment systems such as VISA and Mastercard categorising financial or investment services outside of the traditional banking system as high-risk. Crypto payment solutions like Match2Pay address this issue and eliminate problems like payment delays, transfer blockages, and chargebacks. The seamless transfer of funds enhances user experience, fostering greater transparency, trust, and authority among clients. Moreover, it reduces operational and third-party costs, minimises settlement delays, and mitigates industry-specific regulatory and compliance constraints.

“We saw rapid growth in blockchain technology. Initially, we recognised its potential as a quasi-financial asset for online traders, but it quickly proved to be even more revolutionary in the payments industry, granting clients worldwide access to services that were previously unavailable to them. The value that crypto payments bring to online businesses cannot be ignored,” summarises Przemysław Wojtyna , Business Development Manager of Match2Pay.