How to accept SparkPoint with Point-of-sale

SparkPoint is a well-known blockchain that facilitates mobile payments, remittances, exchanges, and even blockchain games. SparkPoint has a vast community of over hundreds of thousands of members from more than 150 countries. Subsequently, SRK, SparkPoint’s native token, is a very popular asset among investors. A Point-of-Sale terminal is a reliable tool for accepting SRK payments. Use NOWPayments to deploy your SRK payment POS terminal.

How to accept SparkPoint payments via Point-of-sale

Key points:

A Point-of-Sale terminal is an automatic crypto payment processing tool.
SRK payments can enable businesses to attract new clients.
Get paid in SRK via NOWPayments.

What is Point-of-Sale?

A POS (Point-of-Sale) system is software that is used to handle payments. There are both physical and web-based point-of-sale systems available on the market. The NOWPayments POS system is entirely web-based. This implies that it works with any device that has a Web browser, from a smartphone to a desktop computer. The NOWPayments PoS terminal can be used for processing SparkPoint payments. NOWPayments’ Point-of-Sale terminal provides various features that assist merchants:

It automatically adjusts the order total in SRK based on the most recent exchange rate.
All terminal transactions are subject to a minor charge of no more than 0.5%.
NOWPayments conducts immediate settlement of transactions.
The PoS terminal can be used anonymously.
The PoS system may be outfitted with an automated crypto-to-fiat conversion capability, allowing businesses to charge their customers in SRK cryptocurrency and receive payments in fiat currency.

Why should brick-and-mortar places accept SRK?

Cut expenses

The major source of annoyance for all cryptocurrency users is transaction fees. For example, Bitcoin transaction costs can be outright extortionate. SRK, on the other hand, is one of the cryptocurrencies that does not suffer from this problem.

A typical SRK coin transaction costs several cents. As a result, firms that use SparkPoint token payments can drastically lower their fee charges. Furthermore, businesses may make SRK crypto payments when dealing with suppliers, once again, saving money on costs.

Make your products accessible worldwide

Since every nation has its distinct financial system, it becomes difficult for banks in various jurisdictions to move money efficiently among themselves. Such transfers not only have high costs, but they might also take days to get processed.

Because bank transfers are exceedingly slow, businesses with overseas clients struggle with accepting payments from them. SparkPoint, for its part, has no boundaries. As a consequence, regardless of where the sender and receiver live, SRK token transactions reach recipients in a matter of minutes.

Boost privacy

Cryptocurrency is one of the few modern technologies that promotes rather than diminishes people’s privacy. People are now required to provide their personal information to banks and payment processors. However, no one knows why they ought to.

SparkPoint token transactions are completely anonymous and do not include any personal information about the sender or recipient. Furthermore, there is no official registration or KYC process in the case of SparkPoint.

Improve organizational transparency

Transparency is essential for organizations because it allows them to maintain records of their financial activity in order. SparkPoint is great for increasing the transparency of your company’s balance sheet. Because blockchain is a public technology, it stores info about every single transaction.

So, while receiving SparkPoint crypto payments, companies will always be able to see when and how much they got. Thus, by always having access to financial information, businesses can attain higher accountability.

Attract clients

Aside from the above-mentioned benefits of SparkPoint, the coin’s most valuable thing is its community. Every SRK use case is actively supported and promoted by SparkPoint fans. Enterprises ready to take SRK as payment might create a buzz in the SparkPoint community.

Implementing an SRK payment gateway can offer a new use case for the coin, attracting more users. Some SRK holders will be thrilled to pay for goods and services with SRK, while others will be delighted to post information about an SRK-powered enterprise on social media.

How do I accept SRK using Point-of-Sale?

If you wish to use an SRK coin payment gateway, you need to follow these steps:

Create a NOWPayments account.
Enter the requested information, such as your email and password.

Enter the requested information, such as your email and password.

Type in your Spark Point public address.

Go to “Settings” on the left sidebar, press “Payment settings,” and add a new API key if it has not been generated automatically.

press "Payment settings," and add a new API key

Refresh the “Payment settings” page and scroll down to the “POS Terminal Link” segment. Create your PoS link by adding your custom line of text to the link.

In “Payment settings,” scroll up and specify your base currency.

Go to “Coins Settings” and choose SRK.

Enter your terminal link in the address bar and load the page. Specify the total order price, pick SRK from the list of available payment options, and generate your Payment Link. Your clients can pay you by scanning the QR code.

Conclusion

NOWPayments is an SRK payment gateway letting everyone get paid in SRK using different tools such as the Point-of-Sale terminal.

Learn more about SparkPoint and SRK

Accept SRK payments

Accept SRK donations