NOWPayments is thrilled to introduce new features that will make your experience with crypto payment processing better. Our latest updates simplify the process for businesses to use cryptocurrency payments, providing better efficiency, smoother workflows, and more flexibility. These enhancements show our commitment to improving user experience and making it easier to accept crypto payments.
What Are the Latest Updates?
The latest updates include better features for the account interface and backend API systems. These changes make it easier for businesses to handle cross-border payments, track transactions accurately, and manage their funds securely. The new features are designed to fix common problems, speed up processes, and offer scalable solutions for businesses of all sizes.
UTC Standardization
Before, the timestamp data for the Mass-Payouts and Payments-History sections used the local time of the server. This caused problems for teams in different time zones trying to analyze the data, leading to errors, delays in reconciliation, and challenges in keeping an accurate audit trail.
Technical Implementation:
To solve this, a simple “Export in UTC time” checkbox was added in the Mass-Payouts and Payments-History sections. This feature makes sure all timestamp data is in UTC, allowing businesses worldwide to reconcile payments easily. The update also follows ISO 8601 standards for all timestamps while keeping the original time zone data in the system.
Why It Matters:
For businesses with teams in different time zones, having accurate time stamps is important for financial reconciliation and audits. This update exports all data in UTC time, providing consistent and accurate timestamps and reducing confusion from time zone differences.
Case-Insensitive Payment Search
Previously, searching for ETH-like payment addresses required exact case matching, leading to inconsistencies in transactions across different blockchain networks. This created problems with tracking transactions, especially in networks like Ethereum.
Solution Architecture:
We have introduced a case-insensitive payment search, automatically converting all payment addresses to lowercase. This change allows businesses and users to search for transactions without worrying about how addresses are formatted.
Why It Matters:
Accurate transaction tracking is crucial for customer support, accounting, and compliance. The need for exact case matches often resulted in errors, particularly in cross-border payments where address formats might vary by network or blockchain explorer.
Mainnet Coin Handling Corrections:
We’ve fixed issues with MATICMAINNET and STRKMAINNET processing. Now, mainnet coins are processed correctly, ensuring accurate estimates and reliable transactions.
Why It Matters:
Faster response times for API calls allow quicker access to important account information like balances and transaction details. This is especially beneficial for businesses that need real-time API calls to manage their cryptocurrency assets.
Spanish Localization and Interface Improvements
We have added Spanish localization for over 1,200 user interface strings, creating a fully localized experience for Spanish-speaking users. This update ensures that financial terms and platform functions are accurately translated and culturally relevant for users in Spanish-speaking areas.
Onboarding Flow Improvements: We’ve made the onboarding process easier by providing clearer explanations of fees and improving the layout for better usability. We also added helpful tooltips to guide new users during setup.
Why It Matters:
By making the platform available in Spanish, we help Spanish-speaking businesses easily access our services and understand financial terms better. This is important for growing our global presence and ensuring that all users have a smooth experience.
Mass Payouts Enhancements and Security Upgrades
Whitelist Reminder System: To make payments more reliable, we’ve introduced a whitelist reminder system for Mass Payouts. This feature prompts businesses to check recipients’ addresses before making payouts, which helps prevent failed transactions.
Improvements to the CAPTCHA System: We have upgraded the CAPTCHA system to make it smarter and more user-friendly. This helps reduce mistakes and makes it easier for users to verify their identity when logging in.
Importance: Avoiding errors in Mass Payouts is essential for businesses that need to make many payments. Our reminder system helps prevent mistakes, which reduces payment delays and increases the success rates of transactions.
Benefits of the New Features
The latest updates to the NOWPayments platform bring important improvements that benefit both businesses and users. Here’s how these updates make things better:
- Faster Transaction Processing: Thanks to API improvements and standard time settings, businesses will see faster transaction times and more accurate data, making international payments quicker.
- Better Reporting and Reconciliation: The new UTC export feature provides consistent timestamps for global teams, making it easier to reconcile finances and reducing mistakes related to time zones.
- More Flexibility: The ability to search for payments without worrying about case sensitivity and enhanced security controls give users better control and protection, improving transaction tracking and access management.
- Improved User Experience: With Spanish language support, Spanish-speaking users can navigate the platform more easily, and the updated onboarding process helps new users understand fees and payment settings better.
These upgrades are designed with your needs in mind—but we’re not stopping here. Try the new features today and let us know what you think! Your feedback helps us build tools that work even harder for your business. Reach out to our team at [email protected]. We’d love to hear from you!