Cryptocurrencies are a payment method choice for millions of businesses around the world. Merchants decide to accept cryptocurrencies as payment not only because they are popular but because they can provide them with actual competitive advantages and opportunities to improve their operations. Nowadays, the selection of cryptocurrencies on the market is massive, and businesses looking to establish a crypto payment gateway need to pick those which can grant them maximum utility. FLOKI is relatively new crypto, but the number of benefits it can bring to businesses is impressive. NOWPayments enables companies to accept FLOKI as a payment.
Key points:
- FLOKI has an amazing community and real utility.
- FLOKI payments are fast and private.
- NOWPayments lets businesses accept FLOKI payments effortlessly.
Benefits of Floki
Community
Floki Inu is inspired by a meme, so naturally, its meme culture is strong. The FLOKI community loves and lives for the memes and strongly believes that the only way to truly take cryptocurrency mainstream and ensure mainstream adoption is by leveraging the power of memes. Since memes appeal to a large audience, FLOKI is the real people’s cryptocurrency. This means that there is a big community of FLOKI investors and enthusiasts who adore their favorite coin and do everything they can to make it even more popular. FLOKI’s community is the biggest asset of the project that very few coins in the industry can boast.
Utility
At the same time, meme coins are often taken by investors with a grain of salt and looked at as pump-and-dump projects. Yet, FLOKI completely annihilates this myth by ensuring not only amazing meme culture but also utility for the community, which gives the coin and its ecosystem very strong fundamentals. The FLOKI token is the main utility token that drives the FLOKI ecosystem. FLOKI has a great number of use cases, including FLOKI’s soon-to-launch NFT and merchandise store that will let people trade NFTs and merchandise with crypto. FLOKI’s PlayToEarn NFT Metaverse is another project fueled by FLOKI. It is a game featuring A-level game mechanics on the blockchain and upgradeable NFTs.
Charitability
FLOKI is a project which is here to stay, and to prove it, FLOKI openly articulates its commitment to charity. Blockchain tech and cryptocurrency are good only if they make life easier for people and contribute to the world being a better place. This is why charitability is a very core part of what FLOKI is. FLOKI’s core vision is to build a school in every continent first and in every underdeveloped nation of the world.
Ways to upgrade your business using Floki
Multi-chain protocol
The FLOKI token is available on more than one blockchain, namely, Ethereum and Binance Smart Chain. Each blockchain FLOKI is on has its own strong points. For instance, BSC tends to have lower transaction fees. When businesses deploy FLOKI payments, they allow their clients to choose which blockchain to use to make a payment. Thus, the multi-chain model of FLOKI enables businesses to be more flexible when it comes to payments.
Make payment experience smoother
FLOKI payments outperform the traditional payment methods since they are much more efficient. Although currently, there are state-of-the-art technological solutions available to payment processors, it seems they choose to negate them. As a result, when people pay for products and services using mainstream solutions, they frequently encounter delays. For instance, international bank transfers may take days to reach the recipient. FLOKI payments can be a massive relief for businesses since they always take no longer than several minutes, including when it comes to international transfers.
Give your clients more privacy
Another common problem with mainstream payment solutions is that they do not respect the privacy of their clients. For example, when using a bank transfer to pay for a product, the client’s name becomes known to the merchant, which can make some people uncomfortable. FLOKI, on the other hand, is anonymous. FLOKI transactions do not contain personal details of the sender and the recipient. As a result, businesses can feature FLOKI as a private way of making payments for their customers.
Chargeback-free
Modern businesses come across a great variety of fraud schemes in their operations. In some instances, fraud activity costs companies thousands of dollars. Chargeback fraud is one of the most common types of fraud out there, which means that businesses get subject to it quite often. FLOKI can enable companies to forget about chargeback fraud forever. Crypto transactions are irreversible because blockchain data cannot be changed. So, when a crypto transaction is sent, there is no way to recover it. FLOKI payments are completely protected from being taken away from businesses which guarantees better security for them.
Get new clients
As mentioned above, FLOKI has one of the best communities in the crypto world. There are almost half a million FLOKI holders. More than 10 million people follow FLOKI accounts and pages on social media platforms. Such a gigantic following is extremely rare in the crypto industry. It shows that FLOKI is a sought-after asset that many people own and wish to use in different use cases. Companies, by featuring FLOKI as a payment solution, can provide the FLOKI community with a new use case for their favorite coin. By providing the FLOKI investors with an opportunity to pay for your products and services with FLOKI coins, you can potentially get new clients.
How to accept FLOKI
Businesses which are interested in setting up a FLOKI payment gateway can utilize NOWPayments’ tools. NOWPayments is a service that provides businesses with reliable solutions for setting up a Floki Inu coin payment gateway. For instance, eCommerce businesses can utilize 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.
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
FLOKI boasts an incredible community, and businesses wanting to use crypto payments should definitely consider featuring their FLOKI payment gateway.