The service allows customers to pay with almost 400 payment methods – exchanging them into Bitcoin that is sent to the merchant’s e-wallet. Businesses can register now to add Paxful Pay as a purchase option to their online checkout process.
Through Paxful Pay, businesses have the ability to manage their earnings and convert Bitcoin into their local currency on the Paxful Marketplace using almost 400 payment methods. Merchants will also have control over the configuration of the solution on their Paxful Merchant Dashboard, and they will be able to track every transaction. The company expects to expand to other digital currencies and also plans to introduce automatic conversions into stablecoins such as Tether. Further down the line, Paxful Pay will allow merchants to automatically convert Bitcoin into their local currency within their bank account.
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