NOWPayments has put out a new set of updates that are meant to make the platform safer, more fun, and easier for everyone to use. This update makes a lot of changes that will make it easier, more reliable, and more intuitive for partners to handle payments. The main purpose of this update is to fix bugs, make payments easier, and make important tasks easier.
What’s New?
These updates are meant to make the software work better, be safer, and have a better user interface. The platform is getting faster and more useful because it has better whitelisting controls, fixes for old problems, and error messages that are easier to understand. The goal is to make things easier for partners, especially when it comes to payment and custody settings, by getting rid of any confusion, speeding up the process, and making things less stressful.
New Flow for Wrong-Asset Deposits and Status Settings
What’s Changed:
From the dashboard, partners can now easily turn auto-processing on and off for deposits that are wrong. There are also new controls that make it easier to deal with deposits that are in the Finished or Partially Paid status and were made more than once or with the wrong asset. You do not have to check on your deposits by hand or by email.
Why It Matters:
Partners can now change their account settings more easily, which means they do not have to talk to each other as much. It is also easier to change important deposit settings with the new interface.
Banxa Application Flow Updates
What’s Changed:
Partners can only use the Banxa app when they are in custody mode.
You need to do something else before you can set up Banxa in this update.
Also, partners who turn off custody will not be able to use Banxa to send money anymore. If they try to do this without custody, they will get a clear error message.
Why It Matters:
This update makes things safer by making sure that custody is always on when you use some fiat providers. It also makes it easier to use, which helps partners turn on the features they need in the right order.
Improved Error Messaging and Performance Optimizations
What’s Changed:
We made the error messages easier to understand, especially when it comes to payments that did not go through or actions that were not allowed, like when a partner tries to make a fiat payment without custody turned on. Things happen, and the backend is fixed now, so pages load faster.
Why It Matters:
Partners can stay calm and not get mad if they get clearer error messages that tell them what went wrong. When performance improves, things go more smoothly and quickly for the user, especially when they are making big changes or deals.
Whitelisting and Custody Updates
What’s Changed:
There is now a new message in the wallet whitelist settings that tells partners to turn on custody before they add addresses to the whitelist. The message says that partners should turn custody back on if they turned it off after it was already on.
Why It Matters:
This update shows people how to follow security rules, which makes it easier for them to do so. It also sends reminders and stops mistakes from happening, which makes the wallet easier to use.
Benefits of the New Features
- Better Whitelisting Process: The new custody-based whitelisting flow stops mistakes and makes sure that partners follow security rules when they handle wallets.
- Better Payment Flow: The new Banxa application process is safer and easier because you have to activate custody first.
- Better Performance: The system works better when the backend does. This is good for users because it speeds up the system and cuts down on wait times.
- Clearer Error Messaging: Users can better understand and fix problems with updated error messages. In general, this makes things better for them.
Conclusion
NOWPayments wants to make the platform better and easier to use, and these changes show that. These changes make it easier for partners to pay their bills and keep track of their money. They are safer, easier to use, and offer more ways to pay. Every day, NOWPayments gets better and better. For example, it adds custody features to make payments safer and makes it easier to keep track of how payments are going. This makes it easier to pay and gives partners more value for their money.