The Sandbox is an impressive metaverse project which is advancing the crypto industry forward. The native token of the Sandbox, SAND, possesses numerous advantages which make it an ideal payment option. Learn how you can utilize SAND to boost your business.
Key Points:
- SAND is a great payment solution.
- SAND can help businesses to attract new customers and offer a private and secure payment option.
- NOWPayments provides tools for accepting SAND as payment.
Attract new clients
The Sandbox community consists of thousands of people who engage with the Sandbox ecosystem on a regular basis. The majority of SAND holders are active gamers who play different games on the Sandbox platform. Such a dedicated community always happily welcomes every new use case of their favorite coin. Payments are one of the possible ways of using SAND. Yet, currently, not many businesses offer SAND as a payment option to their clients, thus missing out on the attention of the SAND community. Therefore, by deploying a SAND crypto payment gateway, you can potentially attract thousands of SAND holders who will be excited about exchanging their tokens for your products and services.
Use gamification marketing
The Sandbox platform is intended for decentralized gaming. Businesses can utilize the Sandbox metaverse as part of their gamification marketing. SAND coins are the lifeline of Sandbox, and they are used in order to create unique ASSETS on the platform, which are various objects that can be used in the metaverse. Businesses can make use of this feature and create their own collections of ASSETS using SAND. Then, these objects can be distributed among people who decide to buy the products of the business with SAND as a reward. This will also contribute to the publicity of the business and its popularity in the crypto community.
Use SAND to offer private payments
Many people consider privacy a human right. Yet, for some reason, this rule does not apply to payments. Every traditional payment method, be it a bank transfer or a transaction using a payment processing service, always implies sharing one’s personal details. It is natural that many people do not want to do it, but most of the time, they are not given any alternatives by businesses. SAND transactions can actually be this alternative since they are private and anonymous. Thus, by offering SAND as a payment method to clients, companies can provide their customers with a reliable and confidential way of paying for their products and services.
Ensure excellent accountability
Accountability is an issue that every business comes across at some point. Keeping track of and recording all financial activities and metrics can be challenging even for advanced enterprises. SAND is a cryptocurrency deployed on the Ethereum blockchain, a public and transparent network. This means that information about every SAND transaction and wallet holding the coin is forever stored on the blockchain and made publicly available. Such a feature can significantly help businesses to ensure accountability easily since all the essential data will always remain open. The blockchain runs 24/7, and the data on it cannot be changed, which guarantees the safety of businesses’ data.
Make payments easy
SAND transactions are also fast and efficient, which can particularly benefit companies that have international clients. Conducting bank transfers can really slow down your organizational operations. For instance, an international bank transfer sent by one of your customers can reach you only in several days. SAND transactions solve this problem since they are borderless and can be processed in a matter of several minutes. Basically, SAND transactions remain quick no matter where the sender and recipient live. Coupled with the fact that there is no KYC procedure or registration process in order to send SAND, the token can be considered an excellent and easy-to-use payment solution.
How to accept SAND as payment
NOWPayments provides merchants with several reliable solutions for deploying a Sandbox payment gateway. For instance, eCommerce businesses can utilize plugins which are compatible with PrestaShop, WooCommerce, Magento 2, WHMCS, OpenCart, Zen Cart, Shopify, and Shopware. Moreover, businesses can use crypto invoices and a virtual Point-of-Sale terminal.
There is also an option of deploying SAND donation widgets, buttons, and links.
Conclusion
SAND transactions are private and fast, making them excellent for businesses. NOWPayments assists companies in deploying their own SAND payment gateways.