Description of Enterprise Cryptocurrency Payment Gateway
COINQVEST provides digital currency checkouts that automatically go from Bitcoin to a bank account, in minutes. COINQVEST helps online merchants and e-commerce shops programmatically accept and settle payments in new digital currencies while staying compliant, keeping their accountants and tax authorities happy. With COINQVEST, online businesses can denominate and settle sales in a national currency (e.g. EUR, USD or NGN) regardless of whether their customers pay in Bitcoin, Ethereum or Stellar Lumens.
Benefits of using COINQVEST are:
- Instant payouts, i.e. no waiting time for merchants which is great for cash flow
- Protection from currency volatility risks, e.g. if a merchant sells a product for 100 USD and the customer pays in Bitcoin, the merchant will receive 100 USD.
- No charge backs, merchant controls refunds (full or partial refunds possible)
- Freemium pricing model (0% - 1% withdrawal fee)
- World-class API and SDKs with extensive documentation
- Very accounting friendly and a set of tools to ensure tax compliance
- Automatic invoice generation
- Customer management
- Shopping cart plugins for WordPress, WooCommerce, Magento, Shopify
- Request payment from UI and embed checkout URL into email, invoice, etc.
- Automated payment states handling
Backed by the Stellar Network, COINQVEST’s platform and cryptocurrency transactions are secure, fast, and indelible. With COINQVEST’s well-documented developer-friendly HTTP Rest API, transactions are written to the Stellar Consensus Protocol (SCP) ledger, routed through the COINQVEST crypto payment gateway, and converted to your preselected fiat (or crypto) currency. This happens instantly, virtually eliminating currency fluctuation risk. Merchants and their customers are assured accurate and successful settlements.
