Centric Swap is one-half of Centric, a state-of-the-art digital currency which has a dual-token model. Centric offers a decentralized blockchain protocol built on sound economics. Centric’s dual-token model rewards adoption and stabilizes over time by using self-regulation mechanisms that rely on token supply management. Centric is a project with substantial potential which is widely supported in the crypto community. Businesses can integrate Centric Swap as a payment method in order to enjoy the advantages offered by the coin and its ecosystem. NOWPayments facilitates the process of deploying a CNS payment gateway for businesses.
Key points:
- CNS payments are efficient and low-cost.
- CNS offers true ownership and privacy.
- NOWPayments makes accepting CNS payments easy and safe.
Ways you improve business with CNS
Make payments more efficient
Businesses can receive payments in a much faster way compared to the traditional payment methods if they decide to integrate CNS payments. Blockchain seeks to facilitate all processes and make them as seamless as possible. Additionally, blockchain does not have any intermediaries standing in the way of users. This means that when conducting transactions in Centric Swap, users interact only with each other. As a result, the transaction gets processed quickly. Moreover, there are no geographic or jurisdiction limitations. This means that CNS payments can be useful for businesses that have international clients. CNS payments are a universal tool which can replace all the complicated mainstream payment services.
Lower fee expenses
Since blockchain is an efficient technology, it also does not cost much. Therefore, sending a CNS transaction does not cost users an arm and a leg. In fact, it costs mere cents. Businesses that are no longer able to tolerate the exorbitant fees charged by banks can switch to CNS since Centric Swap is a low-cost payment solution. Lower fee expenses mean that businesses can offer more lucrative deals to their clients and thus secure a competitive advantage in their segment.
Avoid bank control
As mentioned above, Centric protocol runs on the blockchain, which is a decentralized technology. This implies that there are no powerful authorities such as banks on blockchains. Therefore, CNS users are free from the control of banking institutions. Decentralization offered by blockchain translates into better privacy for users. So, businesses that wish to make their payment process confidential for their clients should definitely deploy their CNS payment gateway. To send and receive Centric Swap, one does not need to disclose their identity or undergo any verification procedures. Moreover, thanks to decentralization, there are no chargebacks on the blockchain.
Access the Centric ecosystem
A major advantage of CNS is that it provides its owners with access to the Centric ecosystem. Centric has many exciting products which can boost businesses that use them in various ways. For instance, businesses can exchange their Centric Swap for Centric Rise tokens which allows users to claim rewards.
Embrace true ownership
Another amazing feature of CNS is the level of ownership provided by it. Essentially, if businesses decide to keep their CNS in a non-custodial crypto wallet, they will retain full control over their funds. This is different from the traditional approach, where businesses keep their money in banks. Despite it being convenient, leaving one’s money at banks means partially giving up ownership over the funds, which implies a risk of losing the money completely.
How to accept Centric Swap payments with NOWPayments
Businesses wishing to accept CNS can do it by integrating NOWPayments’ tools. For example, companies can issue crypto invoices including with the help of a web-based Point-of-Sale crypto terminal. There is also a tool for accepting subscription-based payments.
Owners of online stores deployed on PrestaShop, WooCommerce, Magento 2, WHMCS, OpenCart, Zen Cart, Shopify, and Shopware can utilize crypto plugins to set up their CNS payment gateway.
Businesses that want to have their custom solutions can utilize NOWPayments’ API.
Conclusion
Centric Swap is a promising crypto which is part of the Centric ecosystem. NOWPayments provides tools for integrating CNS as a payment method.