Offering cryptocurrency as a payment method is no longer a niche phenomenon. Today, all kinds of enterprises, from small family-owned stores to massive marketplaces, let their clients pay in crypto. Marketplaces that cater to large audiences need to deploy as many cryptocurrency payment options as possible to target all holders of digital assets. The AVNRich is a cryptocurrency which is particularly intended to address the needs of marketplaces, namely, the AVN Shop. This is why deploying an AVN coin payment gateway can be a great idea for marketplaces around the world.
- AVN payments reduce costs.
- AVN payments attract a new audience.
- NOWPayments makes AVN crypto payments a reality.
Ways you improve your store with AVN
Bring down costs
Sending and receiving payments involves costs. Banks that process marketplaces’ payments often charge them substantial fees. High fee expenses force marketplaces to increase goods prices for their goods. The growth of the prices negatively affects customer experience and prevents consumers from buying more products. To address this vicious cycle, marketplaces can turn their gaze to AVN. The AVNRich crypto is deployed on the Binance Smart Chain. The BSC network is known for its low gas fees. So, the lower transaction fees can enable marketplaces to reduce their fee expenses and thus cut down the prices of goods.
Ensure private shopping experience
The shopping experience is a complex process which has to be carefully studied by businesses. The more pleasant the experience, the more likely the consumer will be to purchase products and spend extra. Privacy is an element that many businesses lack in the shopping experience that they offer. The mainstream payment solutions are not confidential since they expose payment information to third parties. So, this is where AVN can be quite useful. Every AVN transaction occurs between two parties, the sender and the recipient. Additionally, when utilizing AVN, users are not asked to disclose their identities. Thus, AVN payments can help marketplaces and their clients pay for products and services privately.
Attract crypto clientele
The cryptocurrency industry is huge, and there are millions of people who own crypto. Yet, most companies still refuse to set up their crypto payment gateway and end up missing out on a great market of crypto investors. AVN payments can enable marketplaces to tap into the potential of the crypto market. Basically, AVNRich token payments can help marketplaces to attract amazing customers who prefer to use cryptocurrencies in their daily life. The AVNRich coin is particularly big in India. So, if you have been trying hard to get some Indian clients or enter the Indian market, AVN can certainly assist you with that.
Facilitate international trade
AVN can provide you with a chance to build a truly global brand without the need to get caught up in the intricacies of international trade. AVN can be used as a universal payment tool for all of your international clients. The traditional payment methods such as bank transfers imply dealing with a plethora of laws of local jurisdictions. AVN is a decentralized and borderless solution, so it does not need anyone’s approval to be used. With the help of AVNRich crypto, clients of your marketplace will be able to buy your products from anywhere in the world in a matter of minutes.
Escape chargeback fraud
Fraud is one of the most pressing issues in online commerce nowadays. Businesses spend millions of dollars annually to protect themselves from scammers. Chargeback fraud is a common form of scam. AVN tokens let companies solve the problem of chargeback fraud. AVN transactions are irreversible, so there is no way to get money back once it is sent. AVN payments can protect marketplaces from falling victims to fraud.
How to accept AVN using NOWPayments
Marketplaces can use several AVN payment methods to get AVN:
- eCommerce plugins: These plugins are compatible with PrestaShop, WooCommerce, Magento 2, WHMCS, OpenCart, Zen Cart, Shopify, and Shopware.
- Crypto invoices and a PoS terminal: Businesses can use crypto invoices and a virtual Point-of-Sale terminal.
- Subscriptions: Marketplaces also can deploy special subscription-based payments.
- Donations: There is also an option of deploying AVN donation widgets, buttons, and links.
The AVNRich coin can bring many advantages to marketplaces. NOWPayments’ solutions for deploying AVN payment gateways help businesses to accept every AVN payment effortlessly.