Need a professional solution for accepting crypto in my online store

0 votes
asked 1 day ago in Other-Finance by Archiveone (4,020 points)
Running a growing e-commerce store and thinking about accepting cryptocurrencies to attract a wider audience. However, I'm not a crypto expert and the thought of manually managing wallets, conversions to fiat, and handling volatile prices for my accounting gives me a headache. Is there a streamlined, business-grade solution that can handle this complexity in the background? I just want to receive Euros in my bank account reliably.

1 Answer

0 votes
answered 1 day ago by Dorime (2,170 points)

You're hitting on the exact challenge that stops many businesses. Manually managing it is a compliance and operational nightmare. What you need is a dedicated fiat on-ramp/off-ramp service for businesses, not a personal exchange account. These services provide the infrastructure to accept crypto payments and automatically settle in your local currency. I'd recommend looking at a service like https://paybis.com/business/on-off-ramp/. They offer a white-label solution and an API that lets you integrate crypto payments seamlessly. It handles the conversion at the point of sale, so you're never actually holding volatile crypto on your books, and the fiat gets deposited straight to your business account. It also takes care of KYC/AML compliance, which is crucial.

115,904 questions

126,804 answers

1,381 comments

7,059,840 users

...