Accept Crypto, Earn More: Fizen Pay Brings Direct Profit to Your Business
Why sellers must adopt digital asset payment asap?
Tesla is on track to accept Dogecoin.
Walmart, McDonald’s, and FedEx are among the largest corporations open to crypto.
The trend has already lifted off, and in the inclusive world of Web3, even small businesses will greatly benefit by adopting digital currency payment.
1. Lower Transaction Fees By 6 Times
If you accept credit or debit cards for your business, you probably pay about 3% in fees for each transaction. That means you lose $30 out of every $1,000 you earn from your customers. These fees can be even higher for international payments or in countries with less regulation.
Fizen Pay is a pay-as-you-go platform with a flat-rate, transaction-based fee of 0.5% per transaction.
Additionally, to withdraw any funds you have received, you will need to pay a network fee (gas fee) to the blockchain you are using. You can use Layer 2 networks like Optimism, Arbitrum, or Polygon. They have very low gas fees that only cost a few cents per payment, regardless of the amount.
Crypto payments use blockchain networks to transfer money quickly and cheaply. You just need to pay a network fee (gas fee) when you want to withdraw your money.
2. Receive Your Revenue Instantly
The blockchain process your transaction almost instantly. Compare to credit cards. you don’t have to wait 24-48 hours for your earnings. This gives a boost in cash flow for your business.
Without third parties to slow down the process, you will get your money in minutes or seconds.
3. Access To A Dynamic and Growing Consumer Base Worldwide
As of 2023, there are now over 420 million crypto users worldwide. According to JP Morgan, Web3 users are young and affluent. By accepting crypto as a payment option, you can attract this growing segment of customers and satisfy their needs on a global scale.
Besides the rise of individual users, collective platforms like decentralized autonomous organizations (DAOs) have also surged. These entities usually hold digital assets in their treasury and use them for their business activities, making them an ideal wholesale target for digital asset payments.
Where to try out digital asset payment for my business?
You can use Fizen Pay test mode (sandbox) site: https://merchant-testmode.fizen.io/signup. We offer detailed Ecommerce integration guides here.
Alternatively, you can contact business@fizen.io we’d love to talk with you!
