Cartesi is a project that provides infrastructure for the decentralized world of the future. Cartesi’s tools enable developers to create and deploy scalable and efficiently-operating solutions on blockchain. At the same time, Cartesi also has its native cryptocurrency, CTSI, which, thanks to Cartesi’s innovative technology, possesses many advantageous features. Such features can yield many benefits for businesses that decide to use CTSI. NOWPayments assists businesses in deploying their CTSI payment gateways.
Key points:
- CTSI powers the Cartesi platform.
- CTSI transactions are quick, cheap, and private.
- Businesses that want to get all benefits of CTSI can deploy a CTSI payment gateway.
What is Cartesi?
Cartesi, or the Blockchain OS, is a layer-2 platform for the development and deployment of scalable decentralized applications. The Blockchain OS offers a Linux operating system coupled with a blockchain infrastructure, which allows DApps to be developed in familiar programming languages like Python without the need to write Solidity code. CTSI is the cryptocurrency powering the network.
Ways to improve your business using Cartesi
Get faster payments
By now, it seems obvious that traditional payment solutions such as bank transfers are not the best option out there. Although the majority of people continue to utilize standard payment options, they lack many important features. One of the main shortcomings of bank transfers and systems such as PayPal is the speed of transactions. Situations when a customer’s payment reaches the business only after several hours are not uncommon. Such delays undermine the operations of many companies and create many unnecessary problems. Yet, crypto transactions can really help businesses in deploying a fast alternative to the mainstream payment methods. CTSI is a cryptocurrency which is synonymous with speed. CTSI transactions are among the fastest ones in the industry, thanks to Cartesi’s Layer-2 solution. Moreover, CTSI is integrated with Polygon. As a result, businesses, by featuring CTSI payments, can let their customers use a fast payment solution which works 24/7 without any obstacles.
Bring down costs
Fees are another problem that gives headaches to many businesses. Fees make costs swell larger every year. Bank fees are a major nuisance for businesses because it seems that there is no escape from them. Except that, cryptocurrencies such as CTSI can actually spare companies from the need to suffer losses due to insurmountable fees. Of course, CTSI transactions are not free, and they also require users to pay fees, but their size is absolutely minute. Therefore, businesses that offer CTSI as a payment method to clients can significantly bring down their costs associated with fees. Subsequently, companies can increase their profits and, potentially, reduce their prices, thus gaining a competitive advantage. Basically, CTSI gives an opportunity to get rid of the bank fees, at least, for a certain share of payments received by the business.
Enable anonymous payments
It is hard not to agree that privacy is important, especially when it comes to financial operations. Unfortunately, the mainstream payment methods have poor privacy standards. In fact, every time a person makes a bank payment, the information about their purchase becomes instantly known to the bank. Such an arrangement may not satisfy some people. This is why client-oriented businesses need to have a safe and anonymous payment option for their beloved customers. Cryptocurrencies such as Cartesi’s CTSI token can guarantee the highest level of confidentiality to users. CTSI transactions are decentralized and not subject to any kind of authority’s oversight. When using CTSI tokens, users do not need to disclose any of their personal information. This is why CTSI is a great fit for every business which is concerned about providing the most convenient and safe ways of making payments to their clients.
Facilitate international transfers
Every business is focused on continuous growth, and at some point, companies simply run out of customers in their domestic market. As a result, they need to reach out to international clients. Preparing your payment infrastructure for global operations is an important step. Yet, the mainstream payment solutions can really put you behind your competitors since they have many shortcomings. For instance, certain payment methods may have geographic limitations. CTSI tokens are borderless and work 100% of the time. Essentially, CTSI does not requires users to undergo a verification process and is available to every person on the planet with an internet connection. Thus, businesses which have a CTSI payment method can reach out to any place in the world and find loyal customers there.
Generate publicity
Every business has to promote its products through marketing efforts in order to get the attention of the largest number of consumers. Yet, such activities can be quite costly, especially for new and small businesses. Offering CTSI payments is a guaranteed way to make a buzz. For instance, you can get featured on your local news as the first business in the town to adopt crypto payments. In this case, you can expect an inflow of new clients wanting to try out the new way of making payment. Online merchants can get publicity for their brands on the Internet. The CTSI community always highlights the new use cases for the CTSI token, so featuring CTSI as payment can attract a certain share of Cartesi enthusiasts to your company.
How to accept CTSI payments
If you own a business and wish to integrate CTSI payments, NOWPayments is ready to help you with that. By using NOWPayments, you can deploy a CTSI payment gateway which will be convenient for both you and your clients. For example, eCommerce businesses can use plugins that 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. Subscription-based businesses can rely on the subscription tool.
NOWPayments is a non-custodial service that guarantees instant payouts to its partners. NOWPayments charges clients only for the transaction it processes. The fee per transaction starts from 0.4%.
Conclusion
Cartesi is a Layer-2 solution that has an excellent native cryptocurrency CTSI which can help businesses to boost their operations. NOWPayments provides tools that businesses can use to deploy their CTSI payment gateway.