The rise of cryptocurrency payments presents groundbreaking opportunities for businesses seeking to innovate and enhance their financial transactions. Among the myriad options, Fantom (FTM) stands out as a leading solution that effectively addresses the blockchain trilemma of security, decentralization, and scalability. This positions Fantom as one of the most efficient networks in the cryptocurrency landscape, paving the way for better crypto adoption in various sectors.
Why Accept Fantom Payments in Your Business?
One of the most significant advantages of accepting FTM is its transaction speed, which surpasses that of traditional payment methods. This quick processing allows businesses to facilitate rapid payment settlements, which is especially beneficial for those involved in cross-border transactions.
Reduce Transaction Fees
Despite its impressive speed, FTM transactions are cost-effective, typically costing only $0.001 per transaction. By switching to Fantom, businesses can significantly lower their transaction fees compared to conventional payment systems, thereby boosting their profit margins.
Enhance Customer Privacy
In an era where privacy is increasingly under threat, FTM offers a robust solution for businesses that prioritize the confidentiality of their customers. With peer-to-peer transactions and no identity verification requirements, FTM ensures that users can make payments anonymously, safeguarding their personal information.
Additionally, adopting FTM payments can significantly mitigate the risk of chargebacks, which are a longstanding issue in traditional financial systems. Since all FTM transactions are permanently recorded on a public ledger and cannot be reversed, businesses can protect themselves from chargeback fraud effectively.
Harness the Power of FTM Payments Early
As the cryptocurrency market continues to evolve, the potential for crypto payments remains largely untapped. By integrating FTM payment options, businesses can become pioneers in crypto adoption, establishing a loyal customer base eager to utilize digital assets for transactions.
Businesses Utilizing FTM Payments
Several industry leaders have successfully adopted FTM payments, enhancing their service offerings:
-
Travala
: A prominent travel agency leveraging blockchain technology to offer competitive rates on travel bookings. Travala provides more than 2.2 million properties for users and accepts FTM payments, enabling crypto enthusiasts to pay for their travels effortlessly. -
CryptoRefills
: A leading service that allows users to purchase gift cards and mobile top-ups using various cryptocurrencies, including FTM. Their mission centers around fostering the mass adoption of cryptocurrency for everyday transactions. -
Coinsbee
: Known for its extensive catalog of gift cards and vouchers, Coinsbee facilitates payments with a variety of cryptocurrencies, including FTM, providing users with flexibility and convenience in spending their digital assets.
How to Install a POS System for FTM Payments
Integrating FTM payments through a Point-of-Sale (PoS) terminal is straightforward with GOPayments. Here are the steps to start accepting Fantom cryptocurrency in your business:
- Input your crypto wallet address and generate an API key.
- Access the “Store Settings” and select the PoS Terminal option.
- Create a unique link for your PoS terminal.
- Designate FTM as your preferred cryptocurrency.
- For invoicing, specify the amount and the currency.
GOPayments is committed to assisting businesses in implementing Fantom payment gateways, facilitating smooth and secure crypto transactions.