Fipto takes another step towards cryptocurrency adoption with “Payments Links”, a solution designed for businesses to accept payments in stablecoins. How does Payments Links work, and what benefits does it offer businesses?
“Payments Links” by Fipto: stablecoins now available to businesses
Fipto, an international B2B payments solution, today announced the launch of “Payment Links”, a revolutionary feature enabling businesses to collect stablecoin payments in complete security. And all without the need for any special knowledge of blockchain technology or a single line of code.
Stablecoins are becoming increasingly popular with businesses, especially those looking to quickly diversify their cash flows with innovative solutions. A joint study by Coinhouse and Deloitte reported that 30% of companies are already adopting cryptocurrency payments for international transfers.
Payment Links offers unprecedented accessibility, even for companies not fully ready to adopt cryptocurrencies using an enterprise wallet. These Payment Links fit a variety of use cases, including:
- B2B invoicing for SMEs: use stablecoins as a universal currency to invoice customers with unsupported currencies;
- E-commerce merchants: offering an alternative to credit card payments via a stablecoin checkout for customers;
- Exchange and gaming platforms: extending commercial reach by offering lower-cost stablecoin deposits for customers.
Payments Links’ added value lies in its ability to enable businesses to benefit from the speed of the blockchain without having to interact directly with it. Indeed, it enables cryptocurrency payments to be accepted by receiving euros directly thanks to automatic conversion, thus eliminating any obligation for exposure to cryptocurrencies.
This solution also includes automated management of overpayments and underpayments for all conversion rates. Finally, all payment links can be tracked individually from a consolidated page, providing an overview of payment statuses and easy monitoring of overdue payments.
A Programmable API for generating payment links
Payment links can also be generated via Fipto’s API to create fully customizable payment flows that can be easily integrated into companies’ existing systems.
In a matter of minutes, any business can now adopt cryptocurrency payments, expanding its commercial reach with a new payment option. This new solution addresses the common challenges expressed by businesses looking to get involved with cryptocurrencies. We’re delighted to launch a secure and easy-to-implement solution, with automatic conversions into euros and real-time payment tracking.
Patrick Mollard, co-founder and CEO of Fipto
In order to offer its share of innovative solutions for businesses, Fipto is registered as a digital asset service provider (PSAN) with the Autorité des marchés financiers (AMF).
