A Point-of-Sale terminal is one of the most common methods of accepting money at stores around the world. Nowadays, the growing trend of the crypto-economy forces businesses to adjust to new market conditions and demands of clients and offer their customers a chance to pay in crypto. A crypto Point-of-Sale terminal from NOWPayments is a reliable tool for accepting more than 100 different cryptocurrencies. Swipe is a cryptocurrency that is particularly popular among merchants and thus will be a great asset to accept using a Point-of-Sale terminal. NOWPayments’ Point-of-Sale terminal is a web-based solution that enables merchants to accept SXP as payment.
- SXP is the native currency of Swipe.
- A Point-of-Sale terminal is a fast cross-platform solution with easy deployment.
- Merchants can accept SXP using NOWPayments’ Point-of-Sale terminal.
What is Swipe?
Swipe is a project enabling companies to issue and distribute special branded virtual and physical cards among their clients. SXP is the utility token of Swipe, and it is used for various purposes. SXP is utilized to pay for transaction fees on Swipe, SXP also can be staked to receive discounts and influence the development of the Swipe project.
Advantages of Swipe point of sale
Point-of-Sale terminals available on the market usually constitute proprietary devices. Merchants buy such devices for large sums of money, and when they break, merchants encounter high maintenance expenses. NOWPayments’ Point-of-Sale terminal solves this problem by offering merchants an opportunity to use their PoS solution on any device. The PoS terminal from NOWPayments can be run on a phone, laptop, tablet, or any other device which has a browser and an Internet connection. This makes it possible to take the terminal to any place where it will be convenient for the customer to pay.
NOWPayments’ Point-of-Sale terminal can be deployed in a matter of several minutes. Unlike solutions of other companies, NOWPayments’ terminal does not require merchants to undergo lengthy registration processes. Basically, to start using the Swipe PoS terminal, one will only need to sign up on NOWPayments’ official website and provide their Swipe crypto address. The system will automatically generate an API key for the merchant, and they will be ready to use their PoS terminal right away. Essentially, you can deploy your NOWPayments Point-of-Sale terminal in under 10 minutes.
SXP is a cryptocurrency with fast transactions which can significantly facilitate payments and international money transfers. The Point-of-Sale terminal from NOWPayments does not slow down the process of SXP transactions. NOWPayments guarantees instant payouts to merchants who decide to use the PoS solution to accept Swipe. Thus, companies accepting SXP as payment using the terminal will be able to get their payments almost instantly.
Swipe transactions are also fully anonymous, and they do not contain any information about the sender and recipient. Similarly, when deploying and using NOWPayments’ PoS terminal, merchants are not asked to disclose any of their private information. Therefore, companies can accept SXP using the terminal anonymously.
Finally, SXP transactions are also fairly cheap, which can help merchants to bring down their fee expenses. NOWPayments’ Point-of-Sale terminal is free to deploy. Merchants are charged only 0.5% per each transaction the terminal processes.
How to deploy a Swipe Point-of-Sale terminal
Setting up a Swipe PoS terminal is easy and takes mere minutes to do so.
- Sign up for a NOWPayments account.
- Add your crypto wallet address and generate an API Key.
- Go to the “Store Settings” and choose the PoS Terminal option there.
- Create a link to your PoS terminal.
- Choose SXP as your preferred cryptocurrency.
- To issue your crypto invoice, simply specify the sum and the coin.
The Point-of-Sale terminal is a flexible solution for accepting Swipe as payment. Merchants from any part of the world can deploy their SXP payment gateway using NOWPayments’ Point-of-Sale terminal.