A crypto payment gateway accepts major digital currencies for offline and online payments. You can lock the rate to decrease your risk and withdraw funds with hardly any delay and, in fact, in less than a business day. Visit @ https://www.paymentasia.com/en/product-and-services/crypto-gateway

1. The Entrance of
Cryptocurrency and
Blockchain Technology
into The Economy

2. Blockchain is definitely making its presence felt in all sectors of
the economy, including the payment industry. Over the years, we
have seen payments evolving from physical payment using cash
to digital currency and now cryptocurrency. Needless to say,
every phase of this evolution of payment methods has met with
strong opposition with gradual capitulation and then a total
embracing of the new technology. That is the same with
cryptocurrency. Although it has entered different sectors, it is yet
to be wholeheartedly accepted by the general population. The
crypto payment gateway is powered by blockchain, which
ensures to having a healthy payment system.

3. Globalization And Faster Transaction
Methods

4. With the globalisation of the economy, people began to
experience a block in the flow of goods and money due to
problems such as cross border transactions, participation of
intermediaries and the lack of automation. They wanted a
system that is transparent and robust with a direct
relationship between the sender and receiver with no
intermediary involvement. Thus, came into being
decentralised payment gateways. It is possible through
blockchain technology to make and accept payments on a
transparent network through a crypto payment gateway.

5. What Is Blockchain Technology?

6. So, what exactly is this blockchain technology that makes such
efficiency in a crypto payment gateway possible? Blockchain
technology records information in such a way that it is
impossible to hack and change it, or cheat the system. It is like
a digital ledger, and the information on this ledger is
duplicated quickly and shared with all the computer systems
on the blockchain. Users of the crypto payment gateway can
securely make payments in different cryptocurrencies from
their wallets to another. Likewise, they can also accept
multiple cryptocurrencies with ease.

7. Benefits For Merchants

8. Merchants who want to use the crypto payment gateway can
integrate it into their checkout page seamlessly. This will allow
them to do real-time balance checking and also check
transaction history records. It is possible to make payments to
as many as 200 or more countries through this gateway, and
conversion from digital to fiat currency. A crypto payment
gateway also accepts major digital currencies for offline and
online payments. You can lock the rate to decrease your risk
and withdraw funds with hardly any delay and, in fact, in less
than a business day.

9. Online Payment Solutions Gaining
Importance in Thailand

10. Online payment solutions in Thailand, such as the QR code and
online banking, have become really popular over the past few
years, with Thailand emerging as one of the foremost markets
in this region. Providers who provide excellent client service
and cover all the banks in Thailand are favoured by clients
more so than others. It is possible to just scan a QR code and
complete the transfer with the help of mobile banking apps.
Providers in Thailand have to adapt to digital advancements in
the payment industry to keep up with the demands of their
clients and merchants who wish to reduce costs and increase
profits with instant payment methods.

11. Thank You