Monneo Makes Cryptocurrency Payment Process Easier

Monneo Makes Cryptocurrency Payment Process Easier
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Business

Monneo Makes Cryptocurrency Payment Process Easier

Monneo has made it easier to send and receive bitcoin payments online. Because of its newly established service.

04/22/2022

The company allows online merchants to accept cryptocurrency payments directly on their websites.

The new system transforms cryptocurrency payments into their corresponding fiat currency value, which Monneo then settles to the merchant’s IBAN, which Monneo also provides in a timely and cost-effective manner.

Monneo: Unique crypto payment solution

Monneo’s one-of-a-kind crypto payment system protects merchants from volatility risk. The customer has 15 minutes to execute the transaction in order to lock in the crypto to fiat rate. Furthermore, regardless of any fast exchange rate movements, the merchant receives the whole fiat amount.

It makes use of the Lightning Network (when accessible), the second layer of technology that allows cryptocurrency to be swapped immediately.

Making Cryptocurrency Payment Process Easier

With a surge in demand for cryptocurrency payments, Monneo’s new service, which is readily accessible and integrated inside the company’s existing application.

It simplifies the cryptocurrency payment procedure for both clients and online retailers. With over 300 million bitcoin owners globally, the latest update could soon assist online shops in expanding their consumer base and increasing income levels.

Monneo has worked from its inception to create a one-of-a-kind, end-to-end payments environment that addresses various long-standing difficulties that online merchants have had to cope with for many years. The company has now taken this service to new heights by introducing a one-of-a-kind cryptocurrency payment service that simplifies the process of taking online cryptocurrency payments.

By Elah Mae Ariate Wozinga Staff

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