Accept EGLD Payments: A Comprehensive Guide to MultiversX Subscriptions

In the era of digital currencies, businesses are constantly seeking ways to accept crypto payments and expand their customer base. MultiversX, a highly scalable, secure, and decentralized blockchain network, offers unique opportunities for merchants who wish to accept EGLD payments. In this article, we will delve into the advantages of accepting MultiversX payments, the NOWPayments solution for Email Subscriptions, and the industries that could benefit from this technology.

Introduction to MultiversX and EGLD

Introduction to MultiversX and EGLD

MultiversX is a cutting-edge blockchain platform that aims to revolutionize the way users interact with digital applications, finance, and the new metaverse frontier. Its native token, EGLD (eGold), powers the network by enabling core functionalities such as staking, governance, transactions, smart contracts, and validator rewards. By accepting MultiversX payments, businesses can take advantage of the network’s massively scalable architecture, unprecedented transaction speeds, and low fees.

Benefits of Accepting EGLD Payments

There are several compelling reasons for businesses to accept EGLD payments, including:

Decentralization and Security

Benefits of Accepting EGLD Payments

As a sovereign blockchain module, MultiversX ensures that transactions are secure, transparent, and tamper-proof. By accepting MultiversX payments, businesses can eliminate the risk of fraud, chargebacks, and provide a more reliable payment system for their customers.

Cost-Effective Transactions

One of the primary advantages of using MultiversX for payments is its remarkably low transaction fees. At just $0.05 per transaction, EGLD offers a cost-effective alternative to traditional payment methods like credit cards or wire transfers.

Rapid Transaction Speeds

MultiversX boasts impressive transaction speeds, with confirmations taking mere seconds. This enables businesses to process customer payments quickly, leading to improved cash flow and enhanced customer satisfaction.

NOWPayments’ Email Subscriptions for EGLD

To help businesses accept EGLD payments seamlessly, NOWPayments offers an Email Subscriptions feature through its Recurring Payments API. This solution streamlines the process of creating payment plans and managing individual recurring payments for each user.

Setting up a Payment Plan

To create a payment plan for EGLD subscriptions, businesses can use the following API methods:

Setting up a Payment Plan
  • POST Create plan
  • PATCH Update plan
  • GET Get one plan
  • GET Get all plans

Each plan has its unique ID, which is required for generating separate payments. Businesses can also update existing plans or obtain information about their payment plans using the provided API methods.

Creating Email Subscriptions for EGLD Payments

Creating Email Subscriptions for EGLD Payments

With a payment plan in place, businesses can create an email subscription to send payment links to their customers. This involves using the following API methods:

  • POST Create an email subscription
  • GET Get many recurring payments
  • GET Get one recurring payment
  • DELETE Delete recurring payment

A day before the paid period ends, customers receive a new email with a fresh payment link. Businesses can view the list of recurring payments filtered by payment status and/or payment plan ID and obtain information about specific recurring payments using the provided API methods.

Industries Poised to Benefit from EGLD Subscriptions

The integration of EGLD subscriptions and NOWPayments’ Recurring Payments API can benefit a wide array of industries, including:

Gaming and Virtual Worlds

MultiversX’s secure, low-cost transactions make it an ideal payment method for gaming platforms and virtual world projects. Gamers can use EGLD for in-game purchases, while developers can receive payments effortlessly.

Industries Poised to Benefit from EGLD Subscriptions

Marketplaces and E-commerce

Online marketplaces and e-commerce platforms can accept EGLD payments to enable faster transactions, lower fees, and provide a more secure payment method for their customers.

SaaS Providers

Software-as-a-Service (SaaS) providers can leverage EGLD subscriptions to streamline their billing processes and offer their customers a secure and cost-effective payment method.

Subscription-Based Business Models

Businesses with subscription-based models, such as streaming services, news websites, or content creators, can integrate EGLD subscriptions to offer their customers an alternative, efficient, and secure payment method.

Social Networks and Financial Institutions

Industries Poised to Benefit from EGLD Subscriptions

Social networks could enable their users to deposit EGLD and pay for subscriptions, while financial institutions could use the NOWPayments’ solution to integrate cryptocurrencies like EGLD into their systems.


Accepting EGLD payments offers a multitude of benefits for businesses, including increased security, lower transaction fees, and improved transaction speeds. NOWPayments’ Recurring Payments API makes it easy for businesses to accept MultiversX payments and streamline their billing processes. By integrating EGLD payments into their system, businesses can unlock new opportunities for growth, customer satisfaction, and a competitive edge in the rapidly evolving world of digital currencies.