Merchants often make a mistake when deploying crypto payments since they go for the mainstream coins only. While featuring crypto payments with cryptocurrencies that have the largest market share seems like a no-brainer, other currencies also have their perks. BLOCKS is a good example of exciting crypto that has a lot to offer. Businesses can incorporate the BLOCKS token as a payment solution and gain several competitive advantages. Companies that are not so keen on modern tech can still enjoy all the benefits that come with BLOCKS payments, by accepting the coin and getting paid in fiat via NOWPayments.
- BLOCKS is bringing blockchain to traditional industries.
- BLOCKS payments are secure and low-cost.
- Charge clients in BLOCKS and get paid in fiat using NOWPayments.
What is BLOCKS?
The BLOCKS project has the purpose to build a bridge between blockchain and traditional industries. The project promotes a wider adoption of blockchain. BLOCKS uses a Decentralized Autonomous Organizations (DAO) model attracting like-minded individuals to come up with effective solutions. BLOCKS, the native crypto of the project, is an ERC-20 token that exists on Ethereum. BLOCKS is a crucial component of the entire ecosystem of the project. People use it to interact with the products of BLOCKS. There are thousands of individuals who currently hold BLOCKS in their wallets.
Advantages of BLOCKS cryptocurrency
Safe and secure money transfers
BLOCKS is deployed on the Ethereum network, perhaps, the most reliable blockchain on the planet. The robust infrastructure of Ethereum makes it impenetrable to hackers’ attacks. Merchants using BLOCKS can be sure that their coins will be safe and sound, especially if they keep them in a non-custodial wallet.
Moreover, BLOCKS protects businesses from chargeback fraud because BLOCKS transactions are irreversible. So, the coin’s security system is not only on par with the mainstream solutions, it is actually superior to the standard payment methods. No one can take your BLOCKS away from you or freeze your wallet since the coin is decentralized.
Exceptional degree of privacy
The protection of personal information is another valuable feature of BLOCKS. Unlike the mainstream payment methods, BLOCKS is a confidential solution that businesses can use to their advantage. BLOCKS transactions are anonymous as they contain no personal information about the sender and receiver.
Neither party to the transaction shares confidential information. In fact, BLOCKS holders and users do not disclose any kind of information whatsoever. That’s why presenting BLOCKS as an anonymous payment solution can be a great way for businesses to get a competitive edge. Consumers often have no access to private payment options, but businesses can offer them one in the form of BLOCKS.
Easy international payments
Another crucial thing about BLOCKS is the borderless nature of its transactions. BLOCKS transactions are not constrained by unnecessary procedures such as interbank transfers and approvals.
BLOCKS tokens reach the recipient within minutes, regardless of where they live. BLOCKS, in contrast to bank transfers, are not limited by jurisdictions. BLOCKS transactions are processed in short order at all times. This allows companies that sell products to international customers to take advantage of BLOCKS transactions. Specifically, they can make the entire payment process easy and seamless for their international clients and themselves. It makes sense to deploy BLOCKS payments if you value speed and reliability.
Every business is continuously looking for ways to minimize expenses and increase profits. Bank fees, on the other hand, are an unavoidable expenditure that firms cannot avoid. As a result, businesses pay thousands of dollars in bank fees each year, forcing them to raise their pricing.
Fortunately, cryptocurrencies like BLOCKS might give a great solution to businesses that are fed up with bank fees. Because BLOCKS transaction costs are generally minimal, firms can utilize it as a low-cost payment option.
Unlock the BLOCKS community
The incredible BLOCKS community is one of the project’s most valuable assets. Despite the fact that BLOCKS is still in its early stage, it already has a crowd of loyal investors. Businesses may provide all of these users the opportunity to spend their BLOCKS coins on tangible items and services by accepting BLOCKS payments.
The ability to trade your money for things excites all crypto investors, especially BLOCKS owners, who do not presently have many such options. This is why a BLOCKS payment gateway might possibly assist firms in bringing on new clients and spark existing customers’ interest in their items.
How to let customers pay with BLOCKS and get fiat
NOWPayments is a crypto payment processing service that lets merchants accept BLOCKS payments. Companies also can use the auto-conversion feature to charge clients in BLOCKS but receive the final payment in fiat. Follow these steps to enable auto-conversion:
- Register and verify with our partner Switchere — safe, licensed, and trusted crypto exchange service.
- Then, the merchants should enter the same email address that they used to register on Switchere in their NOWPayments account.
- Once registration is done, merchants can cash out to fiat as often as they want without any more doublechecks. The process will be conducted automatically and money will land into the chosen SEPA bank account.
BLOCKS is a coin with potential which crypto-industry stakeholders have yet to uncover. Companies that want to get their fair share of the BLOCKS ecosystem can begin featuring BLOCKS payments. NOWPayments is a service enabling businesses to benefit from the BLOCKS token payments.