There are a plethora of cryptocurrencies which run on state-of-the-art blockchains. Yet, Cartesi is unlike any other because it basically has its own operating system. Blockchain OS is the core technology that provides the foundation for CTSI tokens. The unusual yet highly capable infrastructure of Cartesi makes CTSI one of the most powerful tokens on the market. Subsequently, CTSI has a variety of use cases, including in the sphere of payment solutions. CTSI is perfect for payments, and this is why it is used by many companies. NOWPayments helps businesses with integrating CTSI payments and deploying their own CTSI payment gateway.
Key points:
- CTSI is a fast and low-cost payment solution.
- CTSI is accepted by Travala and many other companies.
- NOWPayments enables businesses to feature Cartesi payments.
What is Cartesi?
Cartesi, or the Blockchain OS, is a layer-2 platform which is intended to facilitate the development and deployment processes of scalable decentralized applications. The Blockchain OS provides a Linux operating system coupled with blockchain infrastructure. This setup lets developers create DApps in familiar programming languages like Python without the need to write Solidity code.
CTSI is the cryptocurrency that powers the network. The crypto for The Blockchain OS has been designed to overcome the problems of scalability of blockchain applications. CTSI acts as the fuel of the network. When you use and stake CTSI, you collaborate with decentralization, security, and convenience for The Blockchain OS.
Benefits of CTSI payments
Quick transactions
The traditional payment solutions are known for their slow processing times. For instance, bank transfers often may take days to process, especially in the case of international transfers. This is a considerable problem for businesses that wish to stay efficient in all of their operations. CTSI transactions can enable businesses to address the issue and deploy a fast alternative to the mainstream payment methods. CTSI is a cryptocurrency that is extremely efficient. In fact, CTSI transactions are among the fastest ones in the industry.
Low fees
The fees charged by mainstream payment processing methods are another major nuisance for businesses. Bank fees may cost companies thousands of dollars annually. CTSI transactions, on the other hand, have low fees. Essentially, their size is so minute that businesses will not be likely to notice them.
Private transactions
CTSI can provide businesses with a competitive advantage by allowing them to offer anonymous payments. The traditional payment solutions are not private since they require users to provide complete identity information. The CTSI token can guarantee the highest level of anonymity to users since CTSI transactions are decentralized and not to any identity disclosure.
Borderless
Businesses which work closely with foreign clients, suppliers, or contractors frequently experience problems with payment processing. CTSI transactions are borderless and work 24/7, which means that users can send Cartesi at any moment and expect the fund to reach the recipient in a matter of minutes. Essentially, CTSI can be used as a universal payment solution by businesses that want to reach out to any place in the world and find loyal customers there.
Companies accepting Cartesi
Louie’s Lures
Louie Rohrer is the founder of Louie’s Lures, a company that sells fishing supply items. He also runs a community called Team Louie, which is a fishing team consisting of thousands of members. Team Louie sets the bar for professionalism in the sport of fishing by helping anglers achieve a higher level of sportsmanship. The team also engages in regular cleaning of shorelines. Louie’s Lures sells quality pieces which are handcrafted by professionals in the United States. At Louie’s Lures, you can get soft, hard, and even custom-painted lures. Yet, the coolest thing about Louie’s Lures is that it accepts Cartesi as payment.
CoinsBee
At CoinsBee, you can buy gift cards, payment cards, or mobile phone top-ups from more than 2,500 brands in over 165 countries. The service enables clients to make easy, fast, and secure payments with over 100 different cryptocurrencies, including CTSI. CoinsBee has a massive selection of gift cards, from Netflix and Microsoft’s cards to those of local brands. By using CoinsBee, you can easily live off your Cartesi funds without even the need to interact with fiat money.
Travala
The chances are you have heard about Travala if you have been interested in the crypto industry in the past couple of years. Travala.com connects travelers with one of the largest selections of incredible accommodations, from hotels, apartments, villas, and hostels to 5-star luxury resorts. There are more than 2,200,000+ different properties available to clients in 90,124 destinations in 230 countries and territories. Travala allows customers to book their accommodations using cryptocurrencies, including Cartesi. Moreover, Travala’s options are 40% cheaper than mainstream travel booking platforms.
Cryptomate
CryptoMate is a platform that brings blockchain-based payments into everyday life where people can trade, use, or buy items using their cryptocurrencies. The service offers electronics, gift cards, payment cards, and mobile top-ups from more than 500 brands in over 165 countries. At CryptoMate, users can make payments in an easy, fast, and secure way with over 60 different cryptocurrencies. Of course, Cartesi is one of them. Essentially, CryptoMate is the leading platform to accept cryptocurrencies for both virtual and physical products.
Uquid
Uquid is a project launched in 2016 which became the first company in the world to provide cross-border digital services with blockchain-friendly payment types. There are many services offered by Uquid, including mobile phone top-up, insurance, electricity bills, grocery vouchers, pharmacy vouchers, TV bills, pin-less calls, WiFi recharge, and bundles. Nowadays, the service also allows customers to purchase physical products. Uquid lets clients pay with Cartesi and numerous other cryptocurrencies.
How to accept Cartesi
Businesses can integrate CTSI payments in an easy way. NOWPayments offers tools to companies and individuals to do just that. By using NOWPayments, you can deploy a CTSI payment gateway which will be convenient for both you and your clients. For example, eCommerce businesses can use plugins that are compatible with PrestaShop, WooCommerce, Magento 2, WHMCS, OpenCart, Zen Cart, Shopify, and Shopware. Moreover, businesses can use crypto invoices and a virtual Point-of-Sale terminal. Subscription-based businesses can use the subscription tool.
Conclusion
CTSI is a cryptocurrency used by many companies as a payment method. NOWPayments assists businesses in deploying CTSI payments.