WCH Just Entered into the Payment Solutions With

There are lots of benefits using cryptocurrency payment gateway. Some of are as below :

• Low Transaction Fees Accepting crypto payments mean lower fees when compared to traditional payment systems. As of 2017, merchants paid $90 billion to Visa and Mastercard in credit card swipe fees alone.
• Sensitive Data Is Protected Banks obtain too much data from us and retain it. They have our name, address, phone number, financial information, credit score, and more. They also know where we’re spending our money. So, with fiat currencies, it is impossible to preserve our privacy. However, virtual currencies assure a higher level of privacy. With crypto payments, the transaction data is limited to certain numbers. When a transaction takes place, the most you can know is a transaction id and the wallet address. The cryptocurrency payment processor will require your name and shipping address. No other information is shared with anyone. Thus, sensitive information is protected with crypto payments.
• Instant Borderless Transactions Cryptocurrencies are a great way to send and receive money across the world instantly.
• Security Cryptocurrencies such as Bitcoin are based on blockchain which is a distributed, decentralized, digital ledger. The transactions made are permanent. They cannot be modified or deleted.
• No Chargebacks Enterprises have to bear a lot of loss due to chargebacks.Well, crypto payments can help here too. The transactions that take place cannot be altered.