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One of the factors affecting the effectiveness of marketplaces is the way payments are processed. If your business does not have access to safe and secure payments, then you actually have no sustainable business.
The processing of payments on marketplaces (MarketPlace), in contrast to conventional online stores, is much more complicated: settlements with suppliers, separate and chain payments, subscriptions, commissions, etc.
Therefore, choosing a payment processor is a very important step that can bring your business to the next level or destroy it.
Online payments
For most companies, it is economically impractical to create their own payment system: strict regulation, licenses, agreements with banks and credit card companies.
It looks logical to cooperate with payment service providers, like Z-Pay payment system.
Payment service providers, a.k.a payment systems or gateways, are companies that have created their own payment infrastructure and now offer it to other companies on certain terms.
Some payment service providers are targeted to a specific market.
New directions
Online store owners must keep up with the times and constantly expand the list of services, open new directions and follow the trends and preferences of consumers. This applies not only to goods and services, but also to new payment methods, including digital assets.
According to various estimates, there are already more than 200 million owners of crypto assets in the world.
Polls demonstrate that 70-75% of crypto holders are ready to pay for goods and services with cryptocurrency, provided the infrastructure is created.
Soon it will become impossible not to notice the industry with a capitalization of 500+ billion dollars. Maybe this has already happened.
Fortunately, the integration of cryptocurrencies as a payment instrument is happening instantly today. But there are questions, such as:
- Which service to choose?
- Where to find a reliable company?
- What will be the terms for commissions?
………….
The issue of choosing the right payment service provider is important for marketplaces, online stores, etc.
What to pay attention to
There are many things that you should pay attention to when choosing a company, but we will focus on 4 factors:
Foundation date. The company has to work for a while to build its reputation and image.
Availability. Does it operate within a specific location or provides services around the world.
Commission fees. How much does the ammount of commissions correspond to the quality of service?
Features. How does the company differ from others and what benefits we can get from it.
Also, when choosing a company, it is necessary to take into account the functions that are needed for your business, besides standard payment processing:
- Subscription, recurring payments
- Custom payments (parallel, chain, manual payments)
- Multicurrency
- Automation
- Safety
- Availability of additional tools, etc.
Everything that is needed today for trading platforms, online and offline stores is implemented in the Z-Pay payment system.
Z-Pay is the perfect solution for your business
Z-Pay is a confidential payment system that will provide your business modern ways to process payments, store funds in digital and fiat assets.
The company has already proved itself as a reliable provider of payment services.
Since 2018, thousands of clients have already used the services of the company, including large companies.
A cryptocurrency wallet, zero commissions for internal transfers, micropayments, instant cryptocurrency exchange, several additional tools - all this is combined within one Z-Pay ecosystem for the convenience of users.
The integration of Z-Pay into the existing business model takes place in the shortest possible time, so before your clients know that, you already accept cryptocurrency as payment for goods and services.
A distinctive feature of Z-Pay is the automation of all payments, transfers, withdrawals, and conversion from one asset to another. Any interference of the human factor is excluded.
On the official Z-Pay website you can find any information you are interested in: https://z-pay.io/
Also, follow the company's news on social media and news blogs.