Stablecoins can undoubtedly be called one of the greatest inventions in the crypto industry. Stablecoins enable crypto investors to keep their gains during massive fluctuations or downturns on the market. They also constitute a convenient way of exchanging cryptocurrencies since they are so universal. Yet, one of the most prominent use cases of stablecoins is, of course, payments. Since the price of each stablecoin is pegged to a certain fiat currency, it does not experience any changes in value. This significantly facilitates the process of accepting crypto for merchants. NOWPayments’ Stablecoin Point-of-Sale terminal enables businesses to benefit from crypto payments and accept coins such as Tether (USDT), USD Coin (USDC), USDP, TrueUSD (TUSD), Binance USD (BUSD), Gemini Dollar (GUSD), and DAI.
- Stablecoins are perfect for merchant payments since they do not have price fluctuations.
- NOWPayments’ Stablecoin Point-of-Sale terminal is free to deploy.
- NOWPayments’ Stablecoin PoS terminal lets companies accept stablecoins such as USDT and BUSD as payment with the help of a QR code.
Make Stablecoin payments easy
The Stablecoin Point-of-Sale terminal from NOWPayments makes it extremely easy to feature several Stablecoins as payment methods in one solution. Essentially, all you need to do to start accepting stablecoins is specify your crypto addresses for each of them, generate an API key, and create your PoS link. Your terminal will include all of the stablecoins that you have made available to your clients for use as a way to pay for their products. The total number of coins that can be incorporated into your terminal is unlimited. Basically, the terminal lets you bring together all of your crypto addresses.
The interface of the Point-of-Sale terminal is simple and user-friendly. Since the terminal is entirely web-based, there is no need for you to interact with complex proprietary equipment. The payment process using the PoS terminal follows three steps. First, you specify the total sum of the order for which your customer needs to pay. Then, you choose the stablecoin in which your client desires to pay you. Finally, you fill in a form about the payment which can include the names of the products bought by the client and the number of the invoice. Once you complete these stages, the system will automatically generate an invoice with a QR code.
For all businesses!
The Point-of-Sale terminal can be beneficial for any business. The PoS terminal allows companies to accept more than 100 different cryptocurrencies, including stablecoins. Moreover, the deployment of the terminal does not cost a penny. In fact, you can create several terminals for different purposes or businesses, and it will be absolutely free. The simplicity and affordability of the PoS system make it ideal for both small and large enterprises.
As mentioned above, the Stablecoin PoS terminal from NOWPayments is web-based. There is also no need to invest in any proprietary equipment of NOWPayments. This means that it can be run on any device, from a laptop to a mobile phone. It will work as long as the two requirements are met. The device should have a web browser and an Internet connection.
NOWPayments PoS features
The Stablecoins Point-of-Sale terminal from NOWPayments delivers excellent performance and has many amazing features:
- The Stablecoin PoS terminal automatically converts the total sum of the order in fiat to crypto.
- The terminal also updates the sum in crypto according to the latest exchange rate, which is especially important if you use cryptocurrencies that are not stablecoins.
- Every transaction processed by the terminal entails a small fee which starts from 0.4%.
- NOWPayments guarantees instant payouts to clients and does not hold their funds in its wallets.
- The Point-of-Sale terminal can be deployed anonymously since there is no KYC procedure required.
- The crypto-to-fiat conversion feature also lets NOWPayments’ partners charge their clients in crypto and receive payments in fiat.
- Each invoice issued using the PoS terminal can be reused an unlimited number of times, which is convenient when your client makes the same order again.
Stablecoins are deeply ingrained in the current crypto economy and perform many important roles, one of which is payments. Businesses around the world can benefit from featuring stablecoin crypto payment gateways. NOWPayments delivers a reliable and easy-to-navigate solution for accepting stablecoins as payment. NOWPayments’ Point-of-Sale terminal empowers companies to deploy a Stablecoins payment gateway and issue crypto invoices.