HMPAY (Merchant & Payment Gateway)
Last updated
Last updated
A Crypto Merchant Payment Gateway is a financial product that enables merchants to accept cryptocurrency payments from customers. This product uses QR-CODE INVOICE and is also typically integrated with a merchant's existing e-commerce platform or website and allows customers to pay for goods or services using various types of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and many more.
The payment gateway is a bridge between the merchant's website and the blockchain network, where transactions are verified and processed. It is responsible for converting the customer's cryptocurrency into the merchant's local currency, thereby reducing the volatility risk for the merchant. It also ensures the security and integrity of the transaction, protecting both the customer and the merchant from fraud.
Some of the features of a crypto merchant payment gateway include:
Integration with various e-commerce platforms and shopping carts
Support for multiple cryptocurrencies
Automatic conversion of cryptocurrency to local currency
Secure and encrypted transactions
Real-time transaction monitoring and reporting
Low transaction fees