Swapin, a fully-regulated Virtual Asset Service Provider (VASP) from Europe known for its innovative Web3-based crypto-to-fiat solutions, is pleased to announce the relaunch of its SwapinCollect merchant tools.
New And Improved SwapinCollect Now Available To Merchants
SwapinCollect is a practical, easy-to-use solution that enables merchants to accept the most popular cryptocurrencies yet immediately receive EUR or GBP at a connected bank account. With SwapinCollect, merchants no longer need to go through the hassle of integration, APIs, or expensive development to begin accepting cryptocurrencies.
Businesses must simply sign up via the Swapin app, complete the Know Your Business (KYB) process, and create a SwapinCollect payment link. A convenient payment link can then be included in invoices along with creative marketing messaging letting customers know they can now pay with crypto.
Accept Crypto From Customers, Instantly Receive EUR Or GBP
With SwapinCollect, merchants never have to worry about volatility issues. Swapin locks crypto-to-fiat rates for 30 minutes during each transaction, ensuring that the merchant gets precisely the same amount expected in EUR or GBP, regardless of the fluctuations in the crypto market.
Merchants also don’t incur any fees, as the customer pays for all costs included in the total transaction. All transactions are recorded in an all-new SwapinCollect dashboard, making it easy for accountants to keep track of all customer transactions.
Simplifying Crypto Payments For Business With SwapinCollect
“We believe crypto should be used as frequently as any other currency, and our mission is to connect Web3 finance with Web2 sales”, said Evald-Hannes Kree, Founder, and CEO of Swapin. “Merchants can unlock new audiences and revenue streams by accepting popular cryptocurrencies while experiencing no hassle with managing it. The SwapinCollect solution simplifies the process, making it as easy as 1-2-3,” he concluded.
Swapin has integrated its SwapinCollect product directly into the Swapin app to make it even easier for merchants to start accepting crypto. Merchants can now complete all the steps needed to accept crypto self-serve through the app. While merchants can do everything independently, Swapin also provides access to a dedicated account manager for each merchant to help with onboarding and any other assistance or needs.
For more information on SwapinCollect, please visit the official SwapinCollect website.
Swapin is a licensed and fully-regulated Virtual Asset Service Provider (VASP) from the European Union, audited by accounting and advisory firm Grant Thornton. Swapin has been building innovative, turn-key Web 3-based solutions for the crypto market since 2017 and is committed to increasing adoption by building a bridge between crypto and traditional finance.
The variety of ready-to-go Web3 solutions, targeted both at individuals and businesses, allows for immediate fiat settlement in the desired fiat currency in only a matter of clicks.
To learn more about Swapin, visit the official website.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.