Review on Piixpay by LUIS RIVERO R
Cryptocurrency payment platform using the European banking system.
Available since 2014 it is one of the first platforms that allowed payments for goods and services using cryptocurrencies, worldwide the demand for services like this is increasing where users can pay using their Bitcoin and the merchant receive their money directly in their account currently only available Euros.
+ Any business can accept crypto without threats of market volatility.
+ Possibility of diversifying the income of your business since you can accept other payment methods.
+ Strongly competitive rates compared to other providers of these services.
In general, the service they offer is efficient and currently has an increasing demand for what I consider piixpay to be a good business, its platform is generally easy to use, but it does not leave this aside for its effectiveness.
Their main problem is that some users from certain countries are limited, which could reduce their commercial offer, and some issues are not clear to me since they either have a section for frequently asked questions or a live chat to solve my doubts or recamos everything is due do by email.
The platform works well at competitive rates when using SEPA accounts.
Pros
- You can receive payments with cryptocurrencies and directly receive the fiat in your bank account.
- Transactions are processed quickly.
- The service in general is free.
- The procedure for making a payment is easy, similar to any bank payment.
- They accept a wide range of cryptocurrencies, generally the most popular.
Cons
- Requires verification of personal information in order to use.
- Some countries are limited to the use of this platform.
- Transaction prices outside the SEPA network are high.
