The AVN crypto belongs to the ecosystem of AVNRich, a leading marketplace in India. The popularity of the platform guarantees a steady demand for the AVNRich token among investors and consumers. At the same time, the AVNRich coin can be used outside its native ecosystem of products. For instance, businesses in any part of the world also can accept AVN as payment from their clients. Featuring an AVN payment method is a sound strategy for Indian companies since there many Indian citizens who use AVN. NOWPayments is a service that makes it easier and safer to accept AVNRich crypto payments for merchants and individuals.
Key points:
- AVN is a permissionless and borderless cryptocurrency.
- AVN payments can enable companies to cut costs and avoid chargeback fraud.
- Set up your AVN shop using NOWPayments’ AVN payment tools.
How AVN token benefits your company?
It is permissionless
AVN token is a great payment option since it is available to everyone. AVN exists on the Binance Smart Chain, a permissionless peer-to-peer network. This allows users to utilize AVN without the need to ask for approval from a special authority.
Basically, there is no one who can stop a person from owning or using AVN. Such a feature makes AVN a much more accessible and universal payment method compared to mainstream solutions such as PayPal, that retain control over their users’ funds and accounts. By being permissionless, AVN constitutes a coin that any person can use without the fear of being denied service. So, businesses can deploy an AVN payment gateway as a solution for clients who are unable to use any alternative payment method.
It offers privacy
AVN is a private cryptocurrency, meaning that it does not request any personal information from users. This means that users utilize AVN anonymously.
Businesses can offer their clients a chance to do shopping privately through the AVNRich crypto. There are many people who wish to keep information about their purchases confidential, so AVN can be particularly useful for them. Additionally, a private payment method can be beneficial for businesses which would like to maintain secrecy and keep their financial information away from snooping competitors. After all, every company strives to avoid disclosing information about its finances, and AVN is a reliable solution to do it.
It eradicates chargeback fraud
Businesses encounter different types of fraud during their lifetime. Yet, many entrepreneurs and managers will agree that chargeback fraud is among the peskiest out there since it is so common.
Chargeback fraud is possible thanks to the highly decentralized nature of traditional finance. Essentially, criminals abuse the power of banks to recall money transfers and thus rob companies of their hard-earned profits. AVN solves the problem of chargeback fraud by addressing the core problem of centralization. AVNRich is a decentralized system that makes AVN transactions irreversible. There is simply no way for any third party to reverse an AVN transaction which makes chargeback fraud simply impossible on a blockchain.
It brings down costs
Since AVN exists on the Binance Smart Chain, the gas fees for AVN transactions are quite minute. This is why AVN can be deployed by merchants as a low-cost payment method.
The majority of mainstream payment methods can be quite costly, eating into the profits of businesses. By switching to AVNRich coin payments, merchants can reduce their expenses and subsequently boost profits. Moreover, lower fees can make companies’ products or services more competitive by reducing their final price.
It facilitates international payments
Companies aiming at becoming truly global need to possess a reliable payment infrastructure. The preferred payment methods vary among nations.
Moreover, certain payment services may not be available in some parts of the world. This is why companies can offer AVNRich payments as the easiest and most flexible method of international payments. AVN coins can be transferred to any person on the planet in a matter of several minutes. There is no registration process, and all you need is literally a public and private key to start using AVN. So, businesses that are planning on conquering foreign markets should definitely consider featuring AVN payments.
So… what should I do to accept AVNRich?
NOWPayments’ line of products includes a variety of tools that can make accepting the AVN crypto easy:
- eCommerce plugins: These plugins are compatible with PrestaShop, WooCommerce, Magento 2, WHMCS, OpenCart, Zen Cart, Shopify, and Shopware.
- Crypto invoices and a PoS terminal: Businesses can use crypto invoices and a virtual Point-of-Sale terminal.
- Subscriptions: Some companies may deploy special subscription-based payments.
- API: NOWPayments’ versatile API enables businesses to create custom crypto payment solutions.
- Payouts: You can send mass payouts as a salary, bonus, reward, or rebate automatically to as many addresses as you wish.
Conclusion
NOWPayments is a non-custodial service providing businesses and individuals with state-of-the-art solutions for accepting AVN coin payments.