When companies decide to feature crypto payments, they often ignore numerous tokens and settle for the most popular options, such as Bitcoin. Although mainstream cryptocurrencies have the largest share of the market, some of the less popular cryptos have their advantages. BLOCKS is one of the most promising cryptocurrencies of 2022. The BLOCKS project seeks to build a bridge between blockchain and non-blockchain enterprises. Businesses can integrate BLOCKS token as a payment solution and thus become a part of the BLOCKS ecosystem. To accept BLOCKS payments, companies can use NOWPayments’ services.
- BLOCKS can help businesses to get rid of chargeback fraud.
- BLOCKS payments are borderless and private.
- NOWPayments assists businesses in deploying a BLOCKS payment gateway.
How to improve business with BLOCKS
Say no to chargeback fraud
Chargeback fraud is one of the most common types of fraud faced by businesses. The chargeback fraud is an inherent issue of mainstream payment solutions. Chargeback fraud is possible only due to the lack of decentralization of the standard payment processing services. Cryptocurrencies such as BLOCKS are decentralized. This means that BLOCKS transactions do not involve any intermediaries capable of reversing transactions and returning funds to the sender. So, by accepting payments in BLOCKS, businesses can be certain that their hard-earned money will not magically disappear. Essentially, BLOCKS payments let businesses forget about the chargeback fraud forever. So, once you receive BLOCKS, it is yours, and no one can take it away from you.
Privacy is another boost source of BLOCKS that businesses can easily capitalize on. Basically, all BLOCKS transactions are confidential. BLOCKS transactions are anonymous because they do not contain any personal information about the sender and recipient. So, the two parties to the transaction do not share any confidential information with each other. Frequently, consumers do not have access to private payment options. This is why featuring BLOCKS as an anonymous payment solution can be an amazing way for companies to gain a competitive advantage.
Facilitate international payments
Another major advantage of BLOCKS is its transactions’ borderless nature. This means that BLOCKS transactions are not limited by any unnecessary procedures such as interbank transfers. BLOCKS tokens reach their recipient in a matter of minutes, no matter where the recipient lives. BLOCKS, unlike bank transfers, are not restricted by jurisdictions. BLOCKS transactions get processed quickly. So, businesses that sell products to international clients can benefit from BLOCKS transactions. Specifically, they make the process of international transfers easy and seamless for both them and their customers. Receiving payments in BLOCKS is a sensible way of getting a fast and reliable payment method.
Ensure proper security
Security is a major component of every payment service. The mainstream payment services are prone to certain security issues. For instance, banks’ cyberinfrastructure can be breached, and money from clients’ accounts can be stolen. BLOCKS offers a much more secure method of storing your money. In the case of BLOCKS, users can fully own their coins by keeping them in a non-custodial wallet. Moreover, BLOCKS exist on Ethereum, a blockchain that espouses the highest standards of blockchain security. So, owners of BLOCKS coins are unlikely to face any security problems when using BLOCKS.
Get new customers
The amazing community of BLOCKS is, perhaps, one of the key assets of the project. Despite the fact that BLOCKS began its journey only recently, it already has an army of investors. By featuring BLOCKS payment, businesses can provide all of these people with a chance to spend their BLOCKS coins on actual products and services. The opportunity to exchange your coins for goods is exciting for all crypto investors, especially BLOCKS owners who currently do not have many such opportunities. This is why a BLOCKS payment gateway can potentially help businesses to get new clients on board and get them interested in their products.
Accept BLOCKS using NOWPayments
Companies that wish to accept BLOCKS as payment can use these methods provided by NOWPayments. Online stores can utilize special plugins compatible with PrestaShop, WooCommerce, Magento 2, WHMCS, OpenCart, Zen Cart, Shopify, and Shopware. Plugins automate all payments and enable companies to get BLOCKS payments.
Brick-and-mortar stores and other companies can issue crypto invoices or utilize a virtual Point-of-Sale terminal. Such tools enable merchants to manage all their crypto payments. They also can feature subscription-based crypto payments.
Charities, bloggers, and non-profit organizations can use donation widgets, buttons, and links to accept BLOCKS donations.
The BLOCKS cryptocurrency is great for payments. NOWPayments provides a variety of tools for accepting BLOCKS payments.