Zero integration crypto payment methods for businesses
Much like the chicken and egg situation, the state of crypto adoption until now has hinged upon two factors:
1. Not enough merchants accept crypto payments hence consumers can’t pay with crypto;
2. Not enough people own crypto or want to spend their digital assets so businesses can’t accept crypto payments.
Well, we finally have the data to put the argument to rest. The global crypto adoption is 12.4% with stablecoin-based transactions volume rising to 33.2% in 2025. Cross-border B2B crypto transactions accounted for a total of 5.4% global trade settlement in 2025 alone.
And the growth isn’t arbitrary. It’s supported by regulatory compliance developments taking place globally. From the latest GENIUS ACT in the USA to the MiCAR taking shape in the European Union, governments gear up for standardised regulations.
So all that’s left is businesses to start accepting crypto payments. And the easiest way to do it is through crypto payment methods — no integration, no fees, no delays.
Businesses and individuals are well aware of delays and complications associated with traditional payment institutions. International payments are an additional hassle when complying with the respective banking requirements.
This is especially frustrating for the unbanked regions of the world.
A crypto gateway solution allows businesses and users to bypass restrictions they’d otherwise face in traditional methods. Businesses get paid the exact invoiced amount without the delays and losing customers.
One sector that’s seen notable growth from the crypto payment solution is private aviation. With trust and speed being top priorities for their client-base, payment delays can be critical.
For UK-based Finer Aviation, a diversified payment option means being able to cater to a global client base. And crypto payment methods ensure transactions get settled quickly with very little complexities.
Managing Director Nathan says, “Dealing in the global market and managing high-value transactions requires us to move large amounts of money at very short notice. Credit lines are uncommon in private aviation charter, so to fly, you have to be able to pay quickly. When you receive crypto payments, settlements are faster so clients and businesses don’t have to wait.”
→ Crypto payment methods reach a global, tech-friendly audience
Once you bypass the payment barriers, the world is your oyster. A customer from Asia can make payments to a merchant from the EU within minutes as long as they’re connected to the internet.
As per the stats, 23% of total retail sales will happen online by 2027 while 43% of e-commerce platforms are integrating crypto payments by 2025.
So, the question isn’t whether you should accept crypto payments. Rather, can you afford to lose customers who are willing to pay?
And businesses that make the move see an upward trend in business and brand growth. Especially those with a global client base looking for secure and quick payments.
Luxury watch company, Minty Watches have an international, crypto-friendly client base. So it didn’t take founder Elliot Arrighi to start accepting crypto payments.
Elliot says: “We believe in cryptocurrency as a legitimate and forward-thinking means of payment, and we want to support customers who choose to use it. Accepting crypto is about offering flexibility and meeting the preferences of a growing number of our clients. It’s a natural step for us to make luxury watch buying more accessible and inclusive.”
→ Crypto payment methods = low fees with no intermediaries
Traditional bank transfers can cost up to 12% and more when making international payments. The multiple intermediaries and banking partners delay processing and payment completion, thus adding up the transfer and conversion costs.
Crypto payments on the other hand are peer-to-peer transfer, eliminating the need for banking partners — bringing down the cost dramatically. So a typical crypto transfer fee can range anywhere between 2% to 5% that includes network and exchange fees.
In a study by Deloitte, 77% of the surveyed merchants said they accept crypto due to its low transaction fees.
The best part is crypto payment processing doesn’t hold off during weekends, so for businesses that work round the clock, bookings are completed instantly. And the zero chargeback benefit on top makes all transactions final and undisputed.
For French private aviation company Altinium, crypto payments has allowed them reach an international client base with no hidden fees.
Hugo says: “Our clients pay exactly what they agreed for — no hidden markups, no kickbacks disguised as fees. They enter the amount, see Swapin’s transaction fee clearly, and that’s it. Simple, transparent, and aligned with our ethos.”
→ A crypto payment solution without crypto management
In 2025, 85% of surveyed merchants say accepting crypto payments has allowed them to reach new customers. Because crypto owners want to pay with cryptocurrencies the same way they pay with a credit card or Apple Pay.
Businesses still on the fence about crypto financial services are likely considering the compliance and management side of it. And that’s where payment processors such as Swapin step in.
The crypto payment method allows merchants to reach a wider audience without having to manage or hold crypto. Clients pay in their preferred cryptocurrencies while merchants get paid the exact invoiced amount in EUR, without any volatility or chargeback risk.
Estonia’s Mobile Autokeskus decided to partner with Swapin after customer demand for crypto payments kept increasing. CEO Silver Havamaa says it’s liberating to say to a customer they can pay through BTC or bank transfer.
Silver says: “We’ve gained new customers who want to pay via crypto thanks to these new payment options. It also feels excellent to say “Yes” to a customer instead of “No” – to tell them “pay however you want, whether it’s a bank transfer or Bitcoin.” This flexibility has strengthened our customer relationships.”
→ Simplified crypto financial services for merchants
When accepting crypto payments, the accounting team gets overloaded with manual transactions and reconciliations, slowing down operations. Businesses assume the only way to accept crypto payments is through complex and expensive setups that take months to build.
Swapin took out all the manual complexities and provided an instant, zero-integration solution — SwapinCollect, or the crypto payment link (as our partners know it).
Businesses don’t pay any setup fees and simply start accepting crypto payments from day one. And because Swapin monitors and manages the payments, companies don’t need to hold cryptocurrencies or worry about volatility risks and reconciliations.
It’s an all-in-one solution providing businesses an easy and quick access to the crypto domain.
Efoilriga, Latvia’s first e-foiling company to accept crypto payments, had a similar need. Founder and CEO, Marcis Seners wanted a solution that removes the complexity and volatility risks associated with holding crypto allowing them to cater to crypto users while managing their finances.
Marcis says: “For the customer, it’s a simple checkout option. For us, an order appears and the payment arrives in Euros. There’s no extra administrative work, which is exactly what a business needs.”
Swapin’s zero-integration crypto payment methods
No integration. No volatility. No crypto holding. Just a payment solution you can offer to your clients and start accepting crypto within a day. Learn more about how you can access a global market with an all inclusive crypto payment links solution or get started today.
EfoilRiga brings crypto payments to European water sports with Swapin
Marcis Seners, CEO and founder of Efoilriga launched the company in 2023 and not only became the leader in Latvia’s water sports scene, but took it a notch higher by incorporating crypto payment options.
In this interview, Marcis discusses how the “rent before you buy” model became a quick success; how accepting crypto payments was part of their brand ethos; and why the partnership with Swapin was crucial in making crypto payments as simple as a regular checkout.
Q: Marcis, you founded EfoilRiga in 2023 and quickly became a leader in Latvia’s water entertainment scene. Tell us more about your passion for the sport and how that evolved into a business?
Marcis: My passion began with windfoiling, but I was looking for a new challenge. When I discovered e-foiling, I was captivated by the unique feeling of flying over water. I saw a clear business opportunity as it was a completely new niche in Latvia. My motivation was to share that incredible experience and build a community around a sport that I believe is the future of water entertainment.
Q: E-foil is still a relatively new sport in Latvia. How have you seen awareness and interest grow since you started?
Marcis: The growth has been remarkable. Initially, many of our customers came to us out of curiosity, often because they had seen our advertisements repeatedly and decided they had to try it. Now, we’re seeing a more informed customer base. People are coming to us having already seen e-foiling on social media or heard about it from friends. The conversation has shifted from “What is an e-foil?” to “Which e-foil model is right for me?
Q: As the official Waydoo distributor in Latvia, what does this partnership mean for your customers and your growth plans?
Marcis: Being the official Waydoo distributor is a cornerstone of our business. For our customers, it guarantees access to the latest models, a reliable supply of spare parts, and professional local servicing. It provides confidence that they are buying an authentic product with full support. For our growth, it solidifies our position as the trusted expert in the market. This allows us to build a full ecosystem around the sport, which is critical for long-term success.
Product deep dive: What makes e-foil stand out to clients?
Q: The “rent before you buy” approach is interesting for high-tech sports gear. How does this model help customers get into e-foil with confidence?
Marcis: An e-foil is a significant investment, so our “rent before you buy” model is designed to remove financial risk and build customer confidence. It allows people to have a full, hands-on experience to understand if the sport truly resonates with them. The rental essentially serves as a product demonstration.
In fact, we’ve found it to be our most effective sales tool. A significant portion of our board sales, including one recent online purchase from a customer who rented from us two years ago, come from people who tried it first.
Q: What should beginners expect for their very first e-foil ride?
Marcis: Beginners should expect a thorough and safe introduction to an unforgettable experience. We always start with a comprehensive safety briefing on land. In the water, the first step is to get comfortable with the board and throttle control while lying down, then progressing to your knees. The ultimate goal is to stand up and experience that incredible moment when the board lifts and you’re silently gliding, or “flying,” over the water. It’s a unique blend of excitement and freedom.
Q: Considering you sell accessories, spare parts, and even communication equipment for safer rides, how important is it for you to offer a full ecosystem rather than just the boards?
Marcis: Offering a full ecosystem is essential to our long-term vision. We are not just selling a product; we are introducing people to a new hobby and lifestyle. A board owner will inevitably need service, accessories, or spare parts. By providing everything they need, we become their long-term, trusted partner in the sport. This builds customer loyalty and creates a sustainable business model that goes far beyond the initial sale.
Making bold moves: Crypto payments for quick checkouts
Q: As one of the first Latvian water sports companies to accept cryptocurrency, what motivated you to make the move?
Marcis: E-foiling is an innovative, high-tech sport, and we wanted our business practices to reflect that. We recognize that a growing number of our potential customers are tech-savvy and comfortable using digital assets. Accepting crypto aligns our brand with modern technology, caters to this forward-thinking audience, and provides an additional layer of convenience.
Q: What made Swapin the right crypto payments partner for you?
Marcis: The key for us was simplicity and risk elimination. The platform was easy to integrate into our online store. Swapin instantly converts any crypto payment into Euros and deposits it directly into our company bank account. This removes all the complexity and volatility risk associated with holding crypto, allowing us to cater to crypto users while managing our finances in a traditional, stable way.
Q: How has the customer response been since you introduced crypto payments, and how did Swapin make it seamless?
Marcis: The response from customers who use crypto has been very positive; they appreciate the flexibility. Swapin’s role is to make the entire process invisible and seamless. For the customer, it’s a simple checkout option. For us, an order appears and the payment arrives in Euros. There’s no extra administrative work, which is exactly what a business needs.
Q: What advice would you give to other leisure and sports businesses considering crypto payments but unsure how to start?
Marcis: First, understand your audience. If you cater to a modern, tech-focused clientele, it’s a logical step. Second, don’t be intimidated by technology. Choose a payment partner like Swapin that handles the conversion and removes the volatility risk. This way, you can offer the convenience of crypto payments to your customers without having to become a crypto market expert yourself.
Q: Efoil is all about freedom and innovation. Where do you see EfoilRiga in the next 3-5 years?
Marcis: In the next 3-5 years, I see EfoilRiga as the undisputed hub for the e-foil community in the Baltics. We aim to be more than just a shop; we want to be an institution known for organizing the region’s premier e-foil festival, offering advanced training, and providing the most reliable service center. Our vision is to build a brand and community so strong that we remain the trusted, go-to experts, even as new competitors enter the market.
Q: Are there any new products, experiences, or technologies you’re excited to introduce to the Latvian water sports market?
Marcis: Absolutely. The electric watercraft industry is evolving rapidly, and we’re always watching for the next innovation, such as electric jet skis and other sustainable watercraft. In the more immediate future, we are excited to expand our community-focused events. We plan to introduce more structured advanced-riding clinics and launch guided e-foil tours, allowing people to experience Latvia’s beautiful rivers and coastlines in a completely new way.
A word from Swapin CEO & Founder
Evald-Hannes Kree, CEO of Swapin, shared his thoughts on the partnership with Efoilriga
When companies like Efoilriga step up and make decisive moves, it signals that crypto payments are no longer fringe options. It was genuinely fascinating for us that Marcis himself understands the potential crypto holds in today’s market. We were on the same page from the beginning of this partnership and it’s only the start of a long-term collaboration.
Businesses contemplating whether or not to switch to crypto, I would urge them to look at their competition, market, and more importantly their clients. The regulations are changing, tech is advancing, and people are more digitally aware than ever before. There cannot be a better time than now to start accepting crypto payments.
Crypto payment solution that takes minutes to launch
Swapin’s crypto payment links solution allows businesses to settle payments in real-time, establishing trust and convenience for a luxurious experience. Businesses can now accept crypto payments from clients and receive direct EUR payouts to their bank account – no wallets, no complex integration, no volatility.
Curious about how your business can access a global client base?
Chat with our team or book a demo here to explore the possibilities.
Stablecoin payments: The practical solution for global businesses
The global cryptocurrency ownership is projected to reach 962.92 million by 2026, marking a significant jump from 420 million in 2023. Moving beyond holding on to cryptocurrencies as an asset, we’re observing a rise in a need for practical spending solutions. End customers want to pay in crypto for daily expenses and businesses now have the perfect window to offer crypto payment solutions.
Stablecoins have become a compelling alternative to traditional payment methods. Being pegged to fiat currencies, stablecoins are a hedge against volatility. In the past year alone, $39.5 trillion stablecoin transactions were recorded and it is expected to cross over $187 billion globally by 2028.
For companies operating internationally, stablecoin payments can improve settlement speed, reduce cross-border payment friction, and expand access to customers who prefer to pay with crypto. Transactions settle on blockchain networks, allowing funds to move globally without relying on traditional banking rails.
As adoption grows across fintech, e-commerce, and global commerce, businesses are increasingly evaluating how stablecoin payments fit into their payment infrastructure. In this guide, we explain how stablecoin payments work, why companies are adopting them, and how merchants can accept stablecoins without needing to hold crypto.
Businesses are increasingly evaluating stablecoin payments as part of their payment infrastructure. Because stablecoins maintain a fixed value relative to fiat currencies, they allow companies to use blockchain-based payment rails without exposure to cryptocurrency volatility.
Several factors are driving adoption:
Faster cross-border settlement
Stablecoin transactions settle within minutes on blockchain networks, compared with international bank transfers that may take several days.
Lower transaction costs in certain corridors
Blockchain-based transfers can reduce intermediary fees commonly associated with correspondent banking systems.
24/7 payment infrastructure
Stablecoin payments operate continuously without banking hours, allowing funds to move globally at any time.
Access to crypto-friendly customers
A growing segment of consumers and businesses hold digital assets and prefer paying directly from crypto wallets.
Predictable value for accounting and settlement
Because stablecoins are pegged to fiat currencies, businesses can receive payments with minimal price fluctuation compared to other cryptocurrencies.
For many companies, stablecoin payments function as a complementary payment rail alongside cards, bank transfers, and other digital payment methods, particularly for cross-border transactions.
Businesses and industries benefiting from stablecoin payments
Because of their anti-volatility mechanism, stablecoins have been adopted into everyday payments, investments, and international transactions.
In recent years, eCommerce payments have benefited from stablecoins, allowing customers to pay in crypto and merchants to settle payments directly in stablecoins.
Supply chain and trade platforms allow users to settle invoices with stablecoins instantly without waiting for days. Thus, improving the cash flow and eliminating discrepancies.
When conducting business with high-inflation countries, stablecoins help protect margins, allowing businesses to hold true value. This way, a merchant from Venezuela can get paid in USDC, without worrying about inflation. Stablecoins provide a reliable alternative for businesses operating in regions with volatile currencies, ensuring stability and predictability in international transactions.
Similarly, cross-border payments and remittances are one of the most popular use cases. Employers can pay their international employees or freelancers instantly, without going through extensive transfer and conversion fees that come with traditional banking.
Stablecoins also allow users to purchase other cryptocurrencies because of its high liquidity value and fast swaps directly on crypto exchanges. Thus, saving time and fees.
Stablecoin payments: The challenges and benefits
Challenges with stablecoins
Similar to traditional currencies, stablecoins also come with its own share of challenges.
With stablecoins, the users trust the issuer with the collaterals. Meaning, if the reserves are shaky, the token could lose its value.
Because the regulations around stablecoins are still developing and compliance targets are shifting, it’s hard for businesses to know what the future holds for the cryptocurrency in specific countries.
If in case the payer sends the funds to the wrong address, there’s no way to revert it. This is why it’s important for businesses to invest in fraud monitoring and custody setups.
Keeping up with compliance can be challenging especially with the evolving regulations. Businesses have to comply with AML and KYC and ensure they meet the local compliance standards. Working with regulated issuers and financial institutions helps ensure compliance and builds trust in the stablecoin ecosystem.
Integration and infrastructure can be complex for small teams as it requires dedicated tech and compliance teams.
However, these issues can be solved by partnering with the right crypto payment gateway provider.
Benefits with stablecoins
With a crypto payment gateway provider, businesses can access the benefits of stablecoins without the hassles.
Stablecoins settle transactions near-instantly, thus reducing the reliance on slow moving traditional payment solutions. And global businesses also benefit from the 24/7 operations that don’t stop during public holidays or weekends. Stablecoin payouts are not limited by banking hours and can be processed on chain at any time, enabling instant cross-border payments.
With no intermediaries, the transfers are cheaper so businesses can save on exorbitant exchange fees. Making international payments much more affordable.
This also means businesses can now access a global market and reach unbanked populations in emerging countries with unstable currencies — providing a hedge against inflation.
Not to forget, transactions are recorded on blockchains that are traceable, ensuring transparency.
Regulatory landscape for stablecoin payments
The regulatory landscape for stablecoin payments is evolving at a rapid pace, as governments and financial authorities around the world recognize the growing role of digital assets in global business transactions.
In the United States, legislative efforts such as the GENIUS Act are shaping a federal framework for stablecoin issuers, aiming to ensure regulatory oversight, consumer protection, and compliance transparency. Meanwhile, the European Union’s Markets in Crypto-Assets regulation (MiCAr) introduces comprehensive licensing and operational requirements for stablecoin issuers, setting a new standard for regulatory compliance across the EU.
Other financial hubs, including Singapore and Hong Kong, have also established robust regulatory frameworks for stablecoins, emphasizing anti-money laundering (AML) protocols, transaction monitoring, and the need for stablecoin issuers to maintain transparency and accountability. These evolving regulations are designed to support the integration of stablecoin payments into enterprise-grade payments infrastructure, enabling global businesses to conduct cross-border transactions with greater speed, security, and efficiency.
For finance teams and corporate treasury departments, understanding the regulatory landscape is essential to mitigate legal risk and ensure compliance with local and international standards. This includes staying informed about the latest regulatory frameworks, implementing rigorous transaction monitoring, and maintaining robust AML procedures. As stablecoin payouts and stablecoin transactions become more prevalent, especially in emerging markets where traditional banking services may be limited, businesses must prioritize compliance to avoid potential pitfalls.
Crypto payments solutions: Stablecoin payments vs traditional payments
Here’s how stablecoins fare when compared with traditional payment methods.
Traditional payments can take anywhere between 3-5 business days or more for international transfers due to the multiple intermediaries and banking partners. Stablecoin payments take minutes to settle working all days of the week at all hours.
Due to the multiple intermediaries, traditional payments involve exchange and processing fees. Whereas stablecoins allow users to transact in dollars anywhere around the world.
While traditional payments come with consumer protection, merchants also face chargeback risks. With stablecoins, payments are final and cannot be charged for disputes.
Traditional payments are more established in terms of compliance while stablecoin compliance is still evolving based on countries.
Here’s a clear breakdown of how stablecoin payments differ from traditional bank payments:
Feature
Stablecoin payments
Traditional bank payments
Settlement speed
Typically settles within minutes on blockchain networks
Often takes 1–3 business days for international transfers
Operating hours
Available 24/7 without banking cut-off times
Limited to banking hours and working days
Cross-border transfers
Direct blockchain settlement without multiple intermediaries
Often involves correspondent banks and additional fees
Infrastructure
Runs on blockchain networks and digital wallets
Relies on traditional banking rails and payment networks
Currency stability
Stablecoins are pegged to fiat currencies such as USD or EUR
Value depends on currency exchange rates in international transfers
Payment accessibility
Can be sent globally with a crypto wallet
Requires access to banking infrastructure
How businesses accept stablecoin payments
Businesses can accept stablecoin payments in two main ways depending on their technical capabilities and operational requirements.
Build crypto payment infrastructure in-house
Building a crypto payments infrastructure requires integrating blockchain wallets, managing private keys, monitoring transactions on-chain, and handling settlement.
While this offers full control over payment flows, it requires significant technical resources and ongoing operational management.
Partnering with a stablecoin payments processor
Most businesses accept stablecoin payments through a payment processor that manages the blockchain infrastructure and settlement process.
The payment flow typically works as follows:
The merchant generates a payment link, invoice, or checkout option.
The customer sends a stablecoin payment from their crypto wallet.
The payment processor settles the transaction and converts the funds into fiat.
The merchant receives the amount directly in their bank account.
Businesses can now accept stablecoin payments without needing to hold or manage cryptocurrencies themselves, while still benefiting from faster global settlement.
Accept stablecoin payments with SwapinCollect
Businesses interested in accepting crypto payments can do so with SwapinCollect:
→ Multi-currency support allows clients to pay in crypto with BTC, ETH, USDC and more.
→ Merchants receive exact amount in their bank account every time, thanks to the 30-mins rate lock in.
→ All crypto payments are settled in EUR directly to the merchant’s business bank account.
→ Partnering with a licensed and regulated payment gateway provider means businesses don’t need to worry about licenses or compliance headaches.
→ With zero onboarding and set up fees, businesses can start accepting crypto payments from day one.
Crypto payments are now entering the mainstream payments industry and businesses that adapt faster benefit from the growing market. Learn more about how Swapin allows businesses to access a global market with an all inclusive crypto payment links solution or get started today.
How to collect payments as a business in 2025
Businesses around the world face the same universal challenge: what’s the best way to collect payments without running into operational and licensing hassles?
In 2025, this question can be answered with three simple words: crypto payment links.
Cryptocurrencies aren’t new but crypto owners now want to move from investing to spending. And the market has responded with a plethora of options, from crypto debit cards to API solutions. And while these solutions are practical in their own ways, it’s still not the most convenient way to accept crypto payments for business.
Crypto payment links are unique URLs that businesses can attach to their payment invoices. Customers can simply click on the link that redirects them to the payment gateway where they can choose their preferred cryptocurrencies and complete the transaction.
It’s a quick and easy process for the customers while businesses receive the exact invoiced amount in EUR without worrying about volatility or setting up a complex integration.
Similar to a bank transfer, except crypto payment links make cross border transactions cheaper and more globally accessible. This way, businesses can expand their services to a wider client base wanting to spend crypto on everyday purchases.
Collect payments using crypto payment links
Crypto payment links allow merchants to accept payments globally from day one. No complex setup, licenses, or wallet integrations, these payment links simplify reconciliation and accounting hassles while removing the need to manage crypto conversions. Payment links can be shared across any channel, such as email, social media, or websites, to reach customers wherever they are.
Top payment link use cases to accept crypto payments for business:
1. Paying invoices
The most practical solution for invoicing, the payer simply has to click on the link provided in the invoice. After that they’re redirected to the payment gateway wherein they have to choose their preferred payment method and click pay to complete the transaction.
2. Recurring payments
Payment links are great for membership and subscriptions as it takes away the manual data entry. With all the details prefilled, businesses simply have to add the link to the invoice.
3. One time purchases
One time payments can be simplified with payment links since customers don’t have to login or set up an account. A quick and secure way to reduce user drop off on websites as well.
4. International transactions
For global businesses, payment links are a convenient and cheap solution. No need for licensing and merchants can receive payments from anywhere around the world in EUR without any added fees.
5. Freelance service payments
Freelance service providers from anywhere around the world can invoice their clients without worrying about delayed payments, high conversion fees, or intermediary hassles.
Perfect entry point into crypto payments for businesses
A total of $39.5 trillion stablecoin transactions was recorded in the past year alone. The upward momentum is promising as 80% of crypto owners want to make everyday purchases with crypto. The market demand has never been more obvious than now.
Crypto payments are not a trend anymore and users want more practical ways to spend it. Businesses can now accept payments globally in various cryptocurrencies without any integration.
No development or integration required
Businesses can now collect payments without going through complex setups that often take months or even years to launch. Unlike card gateways or crypto wallets that require dedicated tech and compliance teams, launching a payment link takes exactly one business day.
Collect payments globally
Businesses can now reach global markets without worrying about conversion rates or licensing. With a payment link, customers from around the globe can make purchases on the business website or pay invoices in just one click.
Secure and compliant
Partnering with a licensed provider means businesses don’t have to deal with the evolving EU regulations or obtain any license of their own. Swapin takes care of AML checks, monitoring, and crypto to fiat conversions so merchants don’t need to set up or handle private keys and wallet infrastructure.
Guaranteed settlement in Euros
Swapin takes care of crypto conversion so merchants and customers don’t need to worry about volatility. With a 30-min rate freeze, merchants always get paid the exact invoiced amount.
Accounting and reconciliation made simple
Businesses always receive exact amounts in EUR so there’s no crypto vs fiat reconciliation hassle for the accounting team.
Payment link solutions such as SwapinCollect are versatile and the perfect entry point for merchants unsure whether or not to accept crypto payments for business.
From luxury to sports, modern businesses have made the switch to a more practical solution.
High-end companies in Europe have noted an overlap between crypto owners and luxury purchases as both lean towards alternative investments with a long-term value.
Sports businesses have reported a positive turnover of crypto paying clients without any active marketing campaign.
The automobile industry in particular has seen a significant rise in crypto payment needs with the common inquiries being about the types of cryptocurrencies the business accepts.
Crypto payment link management for businesses
With crypto payment link solutions, businesses can start accepting crypto payments from multiple customers simultaneously, all while keeping payment details organized and secure.
Crypto payment providers like Swapin make it easy to generate and customize payment links for a variety of services, whether you’re invoicing for freelance services, offering online lessons, or collecting donations. There’s no technical integration or complicated coding required; simply create a payment link, share it via social media, email, or embed it on your website, and your clients can pay in just a few clicks.
When a customer clicks on the payment link, they’re taken to a secure checkout page where they can choose from a range of payment methods, including supported cryptocurrencies like Bitcoin or even fiat currency. The platform’s automatic conversion (auto conversion) feature ensures that funds are settled directly into your account in your preferred currency, eliminating concerns about crypto volatility and manual reconciliation.
Businesses can set expiration dates for payment links, customize the payment page with your brand identity, and offer flexible payment options to suit your clients’ needs. This level of control and convenience means you can start accepting crypto payments without the need for complicated integrations or additional compliance work.
Whether you’re looking to accept cryptocurrency payments for products, services, or donations, payment link management gives your business a secure, scalable, and user-friendly way to start accepting payments globally.
Crypto payment link vs traditional payment solutions
Traditional payments rely on intermediaries like banks and clearinghouses, as a result the transaction fees add up and settlement can take days, especially for cross-border payments.
On the other hand, crypto payments don’t involve any middleman, thus lowering the fees significantly. The near-instant settlement time and encrypted security protocol is a boon for cross-border payments.
Collect payments with crypto payment links
With demand and competition being higher than ever, businesses that make the smart move stay ahead of the curve and attract consumers who are willing to pay with crypto for their products and services.
Paying with crypto: A business guide to accepting crypto
Paying with crypto allows customers to complete transactions using digital assets such as Bitcoin, Ethereum, or stablecoins instead of cards or bank transfers. Payments are processed on blockchain networks and settled directly between digital wallets.
For businesses, this creates an additional payment rail that can support faster international transactions and access to customers who hold digital assets. Instead of relying exclusively on traditional banking infrastructure, merchants can accept blockchain-based payments alongside existing methods.
Most businesses enable paying with crypto through a payment processor that handles wallet infrastructure, transaction verification, and settlement. Depending on the setup, crypto payments can either be received directly in digital assets or automatically converted into fiat currencies such as EUR, USD, or GBP.
An online invoice payment is when businesses send out invoices digitally to their users that include a payment link, directing the recipient to the payment gateway.
Now depending on the platforms and methods — cards, digital wallets, or bank transfers — the transaction fees and other payment capacities will differ. Most platforms offer built-in security protocols, some might require extra compliance and maintenance on the business’ part.
Furthermore, businesses can automate some features and services such as recurring payments, automated reminders, and autofill the necessary payment details. Businesses can also offer multiple payment options, including one-time or recurring crypto payments, to suit different customer needs.
How do invoice payment solutions work?
The invoice payment process is straightforward, easy and done in five simple steps.
Step 1: Invoice creation
The merchant starts by creating an invoice with the relevant information about the products and services sold to the customer. The invoice includes the payment link for a quick and easy transaction.
Step 2: Customer makes payment
After the customer receives the invoice, they click on the link provided whereby they’re redirected to the payment gateway. Once inside the gateway, the customer selects their preferred payment method and initiates the transaction.
Step 3: Payment verification
The payment gateway then verifies the payment details, checks for the validity and sufficient funds, finally authorising it.
Step 4: Transaction complete
Once the payment is verified, the funds are deducted from the payers account and a notification is sent that confirms the payment.
Step 5: Settlement
After the funds are transferred to the business’ bank account, the settlement can take anywhere between a few minutes to a few days, depending on the payment method.
SwapinCollect crypto payment solution
Paying with crypto: The faster and simpler solution
Crypto payment links allow customers to make payments using their preferred cryptocurrencies. It’s a quick and secure way to make transactions without having to manually enter the details or convert to fiat currencies. The merchant simply needs to generate and add the payment link into the invoice. Customers can also pay by scanning a QR code, making the process even more seamless.
Once the customer receives it, they simply click on the link that redirects them to the payment gateway. Cryptocurrency transactions are processed in real time and are irreversible, providing added security and transparency for both merchants and customers. The crypto payment links solution is versatile, allowing users to pay from anywhere in the world as long as they’re connected to the internet.
The payment gateway supports real-time currency conversion, so merchants receive fiat instantly. Using crypto payment links results in lower transaction costs compared to traditional payment methods. Stablecoin payments are also supported, providing instant settlement and reducing cross-border transaction costs. The added blockchain security makes the process fraud and scam resistant while drastically reducing the transfer fee and processing time compared to traditional payment methods.
Why customers choose paying with crypto
Paying with crypto gives customers an additional way to complete transactions without relying on cards or bank transfers. For certain segments, particularly international buyers and digital asset holders, it can be a faster and more convenient payment option.
Common reasons customers prefer paying with crypto include:
Global accessibility: Crypto payments can be sent from any region without relying on local banking infrastructure.
Faster international settlement: Transactions can be confirmed within minutes depending on the network used.
Direct use of digital assets: Customers can spend cryptocurrency they already hold rather than converting it to fiat first.
Lower friction for cross-border purchases: Blockchain payments reduce reliance on intermediary banks and currency conversion steps.
For businesses operating internationally or selling digital products, accepting crypto payments can expand access to customers who prefer blockchain-based payment methods.
Swapin’s crypto payment solution for businesses
The best part about a crypto payment solution is that businesses can set up the payment link and start accepting crypto within one business day.
And it only takes two steps:
One, the merchant attaches the customised payment link into the customer’s invoice.
Two, the customer clicks on the payment link, selects their preferred cryptocurrency, and makes the transfer. After which, the merchant receives the exact invoiced amount within 5 minutes.
Invoice payment solutions for modern businesses
A crypto payment link solution allows merchants to accept payments in EUR directly into their bank account from anywhere around the globe without having to manage crypto or worry about volatility risk. Swapin supports a wide range of supported cryptocurrencies, including Bitcoin, Ethereum, and other cryptocurrencies, ensuring versatility for different customer preferences.
Similar to Apple Pay and Google Pay, SwapinCollect allows customers to pay with their preferred cryptocurrencies. The crypto payment process is similar to card payments, offering features like instant settlement and the possibility of refunds. Blockchain payments provide enhanced security and transparency for both merchants and customers, protecting against fraud and chargebacks. Merchants benefit from lower transaction fees and lower transaction costs, which help increase revenue and improve profit margins.
Merchants don’t need to set up any complex API integration or worry about regulatory compliance. Swapin is a licensed provider that processes and monitors funds while eliminating the need to build a wallet infrastructure. So businesses can accept crypto payments within a day of setup and forget about reconciliation and other accounting hassles.
Paying with crypto removes intermediaries, reducing processing fee and time significantly, making it a great solution for cross-border payments. Businesses don’t need to worry about conversion rates, access a wider global clientele wanting to pay with crypto, and get paid in EUR.
Automobiles, yachts, and private jets deal with high-value purchases and benefit from the speed, security and accessibility that crypto payments bring.
Sports and entertainment industries need payment solutions that are user-friendly and offer security to a wide client base.
International property buyers look for secure and reliable payment solutions when making real estate purchases, making crypto a practical choice for many.
Tech industries and startups want easy to manage solutions that don’t require extensive account work when dealing with multiple clients globally.
Paying with crypto is an obvious choice for the luxury market as modern, high net-worth buyers are looking for quick and easy payment methods.
Paying with crypto made accessible with Swapin
In 2025, crypto owners want more ways to spend their cryptocurrencies and businesses that adapt stay ahead of the curve. Interested in invoice payment solutions? Fill out the form and our team will be in touch. Or visit the website for more information.
Guide: How crypto payment link works for businesses
Crypto payment links allow businesses to accept cryptocurrency payments through a simple checkout URL. Instead of integrating a full crypto payment gateway or building blockchain infrastructure, merchants can generate a payment link and share it with customers through invoices, email, or messaging platforms.
For businesses handling international clients or digital services, payment links simplify how crypto payments are collected. Customers pay using their preferred cryptocurrency, while the payment processor handles blockchain settlement and transfers the invoiced amount to the merchant’s bank account.
This guide explains how crypto payment links work, when businesses use them, and how merchants can accept crypto payments through shareable checkout links without complex integrations.
Quick and simple invoice payment method, crypto payment links are unique and shareable URLs that businesses can add to their invoices. The customers simply click on the link provided to complete the transaction. Businesses get paid by link and receive the fiat currencies (USD, EUR, GBP,etc.) and don’t have to go through a complex set up process.
Why do businesses use crypto payment links
Crypto payment links simplify how businesses accept digital asset payments without building a full crypto checkout or payment infrastructure. Instead of integrating APIs or plugins, merchants can generate a payment link and share it directly with a customer.
Businesses that handle manual payments, invoices, or international transactions where a traditional checkout flow is not required, a crypto payment link is the easiest solution:
Faster payment collection Merchants can send a payment link immediately after issuing an invoice, allowing customers to complete payment in minutes using a crypto wallet.
No technical integration required Businesses do not need to build a crypto payment gateway or manage blockchain infrastructure. The payment processor handles wallet interaction and transaction confirmation.
Useful for remote and global payments Payment links can be shared through email, messaging apps, or social platforms, making them practical for international clients.
Flexible payment methods for customers Customers can choose from supported cryptocurrencies, including major assets and stablecoins.
Simple testing before full crypto checkout integration Businesses often use payment links as an initial step to evaluate crypto payment demand before implementing a full payment gateway.
A payment link solution is ideal for businesses interested in entering the crypto ecosystem but without the development and licensing hassle. Merchants don’t need to manage a crypto wallet or worry about volatility as the provider handles the crypto conversion and transfers the exact invoiced funds directly to the bank account.
How does the invoice payment method work?
The payment is completed in just three easy steps:
Step 1: Businesses sign up on the payment gateway platform and complete account verification
Step 2: The merchant then attaches the payment link through the invoice payment method and shares it with client
Step 3: The client makes the payment with their preferred cryptocurrencies and the merchant receives the exact invoiced amount in fiat currencies in approximately 5 minutes.
Accept crypto payments in 3 easy steps
Simplified invoice payment processing solution for businesses
As per a 2025 report, 66% cite regulatory and compliance burden as a concern. SwapinCollect’s crypto payment link solution takes away the regulatory overload, so businesses can focus on expanding to newer markets.
Merchants can accept crypto payments and receive exact funds in EUR directly into their bank account and access a wider client base without complex integrations.
To get started with SwapinCollect, businesses first need to complete the KYB verification process.
Once the business account is verified, merchants can then set up their SwapinCollect payment link by adding the company’s bank details and customising the payments page as per the company’s branding. After a successful KYB process, the unique payment link is available on the Swapin dashboard ready to be sent along with the payment invoice to the customers.
The link directs the customers to the payment page, where they can complete the transaction using their preferred cryptocurrency.
Invoice payment processing with SwapinCollect
Here’s how customers can use the invoice payment method when making a crypto transaction:
1. Customer sends the required amount to the address provided on the payment page from their crypto wallet
2. They connect the supported crypto wallet of choice with the link
3. Customers can directly connect their MetaMask or Trust Wallet or use Wallet Connect to access the other supported wallet
4. Once the wallet is connected, customers need to fill in the amount, preferred cryptocurrency, payment description, and a reference number.
5. The transaction is completed within 5 minutes and the merchant can view transaction reports in the Swapin dashboard.
Crypto owners today want to pay with their preferred digital currencies and industries are catching up to the demand. Here are some of the most prominent industries accepting crypto.
Automobiles, yachts, and private jets: High-end purchases particularly benefit from the speed, security, and accessibility that crypto payments provide, especially to international buyers looking for quick and safe transactions.
Read more: Finer Aviation makes private charter more accessible with real-time crypto payments.
Sports and entertainment: Users look for multiple options when paying for events, tickets, and merchandise and offering a crypto solution allows businesses to reach a global, tech-forward audience.
Real estate: International property buyers prioritise secure and efficient payment solutions when making high-value transactions, thus, opting for crypto payments.
Software and tech services: Crypto payments can streamline payments for software enterprises and startups, keeping the accounting clean and easy to manage when dealing with clients from across the globe.
Luxury markets: High-end brands have now started to accept crypto payments to attract high-net worth and digitally-savvy audiences while establishing trust.
Read more: How e-Jewels balances trust and innovation with crypto payments.
Choose Swapin for all-in-one crypto payment solution
Swapin’s crypto payment links are a quick, easy, and user-friendly solution for businesses interested in accepting crypto payments:
→ Businesses don’t need to have extensive knowledge about crypto or hold a crypto wallet. Swapin handles everything for you.
→ The crypto payment solution is designed so the client pays the transaction fees, incurring no extra costs to your business and you receive the exact invoiced amount.
→ Swapin is fully regulated, licensed, and audited. Your transactions are handled with the highest standards of security and compliance.
→ Payments are converted automatically into fiat and processed, saving your accounting team hours managing and monitoring every transaction.
→ Access a growing global customer base of over 560 million crypto owners and offer your products to tech-savvy users.
→ Businesses don’t need any technical expertise to get started. Simply start accepting crypto payments from day one.
→ Accept payments from customers globally, and offer them cost-effective and fast international transactions.
Interested in invoice payment processing solutions? Fill out the form and our team will be in touch. Or visit our website for more information.
FAQ:
Are crypto payment links secure? Yes. Payments are processed through secure checkout pages and confirmed on blockchain networks before funds are settled to the merchant.
Do businesses need a website to use crypto payment links? No. Payment links can be shared through email, invoices, messaging apps, or social media without requiring a website integration.
Can businesses receive fiat instead of cryptocurrency? Many crypto payment processors automatically convert cryptocurrency into fiat before settlement, reducing volatility exposure.
What cryptocurrencies can customers use to pay? Most platforms support major cryptocurrencies and stablecoins, depending on the payment processor’s supported assets.
Geneva’s Minty Watches partners with Swapin for luxury watches
Minty Watches is a Geneva-based company specializing in the sale, purchase, trade, and sourcing of certified pre-owned luxury watches. With a curated selection of Rolex, Omega, Breitling, Tag Heuer, and more, they serve an international clientele seeking authenticity, transparency, and discretion. And now, to meet the growing demand from their international client base, Minty Watches have partnered with Swapin so their clients can pay with crypto, such as BTC, ETH, and stablecoins.
In this interview, Elliot Arrighi, Sales Manager at Minty Manager talks about how he launched the business, the thorough vetting process behind sourcing and authenticating luxury watches, and how integrating crypto payments has been a game changer.
Q: Elliot, can you tell us about the story behind Minty Watches and what inspired you to start a certified pre-owned luxury watch business in Geneva?
Elliot: Of course, I’ve been passionate about watches for over 10 years. I’d never seen it as a potential job. Except that, after my bachelor’s degree, I had two choices: continue with a master’s degree or find a job. As things turned out, I had the opportunity to go and work for a leading European second-hand watch retailer. I seized this opportunity and spent several years working for the company, before finally deciding to launch my own business.
Upholding watchmaking heritage with impeccable standards
Q: Geneva has such a rich watchmaking heritage. How does Minty Watches fit into this prestigious ecosystem, and what makes your approach to luxury watches unique?
Elliot: In my previous position, I was able to sell over 1,000 watches for a total of over 8 million Swiss francs. Thanks to the huge variety of brands and models on offer, I was able to get a global view of the market and customer expectations. I’m always delighted to be able to help my customers, whether they’re buying the watch of a lifetime for CHF 2,000 or their fifteenth watch for CHF 60,000.
Q: Your inventory features some incredible pieces across different price ranges. What’s your process for sourcing and authenticating these timepieces to ensure clients receive genuine, quality watches?
Elliot: Thank you! First, it’s my personal expertise that comes into play. I’m going to inspect the models on offer to make an initial check. Second, I take the watch to my watchmaker for a second opinion and further mechanical inspection. Third, traceability is important: we always prefer a watch that is sold with its original invoice in the seller’s name, that the watch’s papers are stamped, and so on.
Finally, experience and the eye can tell if a watch is really new, if it has been polished, if parts have been changed. Sometimes we’re not interested in models that don’t meet our standards.
Signature watches and their prices in BTC
Q: Let’s dive into some of your standout pieces. You have a classic Rolex Submariner 16610 priced at CHF 9,000 – that’s about 0.1 Bitcoin at current prices. What makes this particular watch so appealing to collectors?
Elliot: The Rolex Submariner 16610 is a favorite among collectors because it strikes the perfect balance between old-school charm and modern reliability. It’s one of the last models with the classic aluminum bezel, giving it a vintage feel without sacrificing durability.
Q: The Omega Speedmaster “Snoopy” 310.32.42.50.02.001 at CHF 13,500 (approximately 0.16 BTC) is quite special. Can you tell us about the significance of this limited edition?
Elliot: The Omega Speedmaster “Snoopy” 310.32.42.50.02.001 honors the 50th anniversary of the Silver Snoopy Award NASA gave Omega for helping save the Apollo 13 mission. It features playful Snoopy details and a unique animated caseback, blending fun with deep space heritage. Almost impossible to get in store, it’s a collector’s favorite for both its story and standout design.
Q: For aviation enthusiasts, you have the IWC Pilot Chronograph “Petit Prince” IW377714 at CHF 3,400 (about 0.039 BTC). What draws clients to these themed pilot watches?
Elliot: The IWC Pilot Chronograph “Petit Prince” IW377714 draws in aviation lovers and dreamers alike with its rich blue dial and tribute to Antoine de Saint-Exupéry’s iconic tale. It combines classic pilot watch functionality with a touch of whimsy and literary charm. Clients love it for its reliability, distinctive design, and the story it tells every time they look at the dial.
Q: The Breitling Navitimer AB0120 at CHF 4,900 (roughly 0.057 BTC) represents classic aviation timekeeping. What can you tell collectors about this timepiece?
Elliot: The Breitling Navitimer AB0120 is a must-have for aviation watch collectors, known for its iconic slide rule bezel used by pilots for in-flight calculations. Powered by Breitling’s in-house chronograph movement, it blends technical precision with vintage aviation style. It’s not just a watch, it’s a piece of aviation history on the wrist.
Q: The Tag Heuer Monaco “Gulf Edition” CAW211R.FC6401 at CHF 5,000 (about 0.058 BTC) has such an iconic racing heritage. What’s the appeal of these motorsport-inspired timepieces?‘
Elliot: The TAG Heuer Monaco “Gulf Edition” CAW211R.FC6401 captures the spirit of motorsport with its bold square case and legendary Gulf racing colors. It’s famously linked to Steve McQueen and the golden era of racing, making it a favorite among car and watch enthusiasts alike.
The beginner’s guide to luxury watches
Q: For someone new to luxury watches, how do you guide clients through this range and what to choose?
Elliot: There are thousands of different types of watch: divers, dress watches, tool watches, and so on. Different diameters, colours, functions, etc. The first thing is to identify the customer’s wishes and needs. It’s important to know how they are going to use their watch, on what occasions and whether they are looking for any special features. Then, it’s important that the customer can try on several models that match their desires to confirm their choice.They will also be able to confirm the diameter of the watch. Once the watch is on the wrist, this is where the emotion happens and whether or not the customer falls in love with the watch.
Luxury watches: Investment and market trends
Q: Many of your clients view luxury watches as a form of investment. How do you see the relationship between watch collecting and crypto investing – are they attracting similar demographics?
Elliot: Absolutely, there’s a strong overlap between watch collectors and crypto investors. Both are drawn to assets that combine scarcity, status, and long-term value, and both communities tend to value independence, innovation, and alternative investments. Whether it’s a rare Rolex or a promising coin, it’s about passion backed by strategy.
Q: What trends are you observing in the Swiss luxury watch market, particularly among younger, digitally savvy buyers who are comfortable with both cryptocurrency and luxury timepieces?
Elliot: From what I can see, young people aren’t necessarily attracted by traditional shops and are looking for a different, more unique and more digital experience with a stronger sense of identity. They are looking to buy the right watch at the right price while being part of a community.
Crypto payments: The faster and flexible solution
Q: What motivated your decision to start accepting Bitcoin and other cryptocurrencies at Minty Watches?
Elliot: We believe in cryptocurrency as a legitimate and forward-thinking means of payment, and we want to support customers who choose to use it. Accepting crypto is about offering flexibility and meeting the preferences of a growing number of our clients. It’s a natural step for us to make luxury watch buying more accessible and inclusive.
Q: Have you noticed a particular profile of clients who prefer to pay with crypto? Are they local Geneva buyers or more international customers?
Elliot: We’ve only been accepting cryptocurrencies for a very short time, and our first customer to pay in Ethereum was an international one.
Q: What made Swapin the right partner for enabling crypto payments? What were the key factors in your decision?
Elliot: It had to be simple, quick and inexpensive. Swapin ticked all the boxes!
Q: How has the response been since introducing crypto payments, and how has Swapin’s solution impacted your operations and client experience?
Elliot: We were able to do our first business in the first month. It was simple both for the customer and for us, everything was settled in less than 10 minutes, we received the money in our bank account at the same time.
Q: Where do you see Minty Watches heading in the next few years? Do you think crypto payments will become more mainstream in the Swiss luxury watch industry?
Elliot: In the coming years, Minty Watches aims to expand its inventory significantly and build new international partnerships to offer an even wider selection of high-quality timepieces at attractive prices. We want to make premium watches more accessible while maintaining the standards our clients expect. As for crypto, we believe it will become just as mainstream as traditional payment methods in the Swiss luxury watch industry. We believe that it’s only a matter of time.
Q: What advice would you offer to other luxury watch dealers in Switzerland who are considering accepting cryptocurrency but are unsure where to begin?
Elliot: I would say that it’s easy and free to implement so if you believe in cryptocurrencies and if you are planning to accept it, you should definitely go for it.
A word from Swapin CEO & Founder
Evald-Hannes Kree, CEO of Swapin, shared his thoughts on the partnership with Minty Watches.
Q: What excites you most about the partnership with Minty Watches?
Evald-Hannes: Minty Watches recognised at an early stage the demand for crypto payments and went ahead with the integration. This is as forward-thinking as it can get. Making luxury purchases secure and accessible is crucial and Minty Watches know very well how to make the most out of industry trends.
This is ultimately what drives the luxury market and enables a more mainstream crypto adoption. We’re proud to announce our partnership and support them in delivering compliant crypto payment solutions.
Q. What’s your message to luxury businesses still unsure about crypto payments?
Evald-Hannes: The data is here and we’re seeing a rise in businesses across industries waking up to the demand. More customers want to use their digital currencies to make everyday and luxury purchases and business owners have the perfect window to expand their payment options.
Convenience and security has always been a non-negotiable when it comes to payments and when crypto can make the process faster and safer, there’s no reason to ignore it anymore. Businesses that adopt crypto payments are not just ahead of competition but they also meet their customers’ needs head on.
Partnering up with Swapin means businesses don’t need any technical experience, and they can start accepting payments within 1 business day.
Flexible and real-time payments with Swapin
Swapin’s crypto payment link solution allows businesses to settle payments in real-time, establishing trust and convenience for a luxurious experience. Businesses can now accept crypto payments from clients and receive direct EUR payouts to their bank account – no wallets, no complex integration, no volatility.
Curious about how your business can access a global client base?
Chat with our team or book a call here to explore the possibilities.
Crypto payment processor: What businesses need to know
As per a 2025 fintech report, It is projected that by 2030, global ecommerce and tech developments will drive cross border payment flow to $290 million. However, businesses currently struggle with slow and expensive payments that incur extra fees complexities, especially for international cross-border transactions. Moving money between banks and processors can take days, slowing down businesses and payouts.
With 60% of all crypto transactions coming from retail customers, merchants now want payment solutions to reach a wider client base and settle payments instantly.
In this guide, we take a look at crypto payment processor platforms that allow businesses to accept crypto payments from day one without needing to build a complex program from scratch.
Simply put, a crypto payment processor is a bridge between the customer’s and merchant’s blockchain network. In essence, the gateway converts the cryptocurrency payments made by the payer to the merchant’s preferred currency and directly deposits it into the bank account.
This way, merchants can accept crypto payments without needing to manage or handle crypto themselves.
There are two types of gateways: DeFi and multi-currency.
The DeFi payment gateway is non-custodial operating through smart contracts.The funds are transferred directly to the merchant’s bank account and users have full control over their funds and private keys.
The multicurrency gateway, as the name suggests, processes multiple currencies at once. Customers have the option to choose their preferred cryptocurrency to pay with and merchants can accept EUR/USD or any other fiat currencies directly into their bank.
How does a crypto payment processor work?
A crypto payment processor works similar to traditional payment gateways with the added advantage of moving cryptocurrencies along with fiat currencies such as EUR and USD. The payment process involves five steps and is completed within minutes.
Step 1: Payment initiation made by customer
The customer selects the option to pay with cryptocurrency using a payment link or an API integrated checkout option.
Step 2: Payment gateway secures transaction
Upon receiving the payment request, the gateway then generates a unique payment address. The customer sends their cryptocurrencies to the unique address whereby the transaction is encrypted and recorded on the blockchain, making it secure and traceable.
Step 3: Transaction confirmation
After the transaction is made, the blockchain network verifies, monitors, and confirms it. Depending on the network, the process can take anywhere between a couple of seconds to minutes.
Step 4: Crypto-to-fiat conversion
Once the gateway confirms the transaction, it then converts the crypto to fiat.
Step 5: Business receives the funds
After a successful conversion, the payment gateway deposits the funds directly into the business’ bank account. The merchant receives the exact invoiced amount without having to manage the crypto wallet or conversion.
SwapinCollect payment flow
Why should businesses partner with a crypto payment processor?
While some businesses choose to build their own payment gateway, not all businesses need to go down the complex route.
It’s possible to build a customised and secure crypto payment processor solution without any of the hassles and complexities. Swapin’s API solution offers businesses with more custom requirements the flexibility and ease necessary to accept crypto payments. Moreover, the instant conversion takes away volatility concerns while keeping the transaction fees low, especially for cross-border transactions.
And, unlike traditional payment gateways that involve multiple intermediaries such as issuers, banks, payment networks and more, a crypto payment processor eliminates intermediaries, allowing merchants to accept payments from their customers directly.
More importantly, transactions are processed faster and more efficiently. For businesses this means the payment is settled immediately, thus reducing the risk of slippage when market prices fluctuates.
High-ticket businesses such as private aviation, require instant bookings benefit from crypto payments and quick settlement times. It’s how Finer Aviation is able to accept crypto payments from their international client base.
Lastly, businesses don’t have to handle any of the licensing and compliance hassles by themselves as KYC and AML checks are handled entirely by the provider.
Five key points to note before deciding on a provider:
1. Transaction speed
A quick transaction processing is crucial for optimal user experience and a faster settlement time.
2. Supported currencies
Payment gateways that support multiple cryptocurrencies provide more flexibility, allowing businesses to cater to a wider audience base.
3. Transparent fee structure
Make sure to review the fee structure breakdown and opt for gateways that provide the information upfront, without any hidden costs.
4. User-friendly
Ensure the gateway operates smoothly on mobile devices and has an intuitive UI so it’s easier for users to navigate.
5. Customer support
The provider must have easily accessible support channels with dedicated teams to attend to urgent situations and guidance whenever required.
Frequently asked questions:
Q: How long does the crypto payment link setup take?
A: It takes one business day to set up the account, create your first payment link, and start accepting crypto payments.
Q: What are the fees?
A: Businesses signing up for SwapinCollect don’t have to pay any fees. All transaction costs are covered by your customers. The rates are as low as 0.8% per transaction.
Q: How quickly will I receive funds in my bank account?
A: The funds are instantly converted to EUR and transferred to your business bank account. In some cases, funds may take up to one business day.
Q: Do I need to create a crypto wallet to accept payments?
A: No, you don’t need to create a crypto wallet. Swapin handles the crypto conversion and transfers the funds directly to your bank account in EUR, so you never have to manage or hold cryptocurrency directly.
An all-in-one crypto payments solution
Crypto payment solutions stand out as a viable and practical solution for modern businesses. As merchants explore payment solutions that fit business needs while also ensuring customer satisfaction, Swapin’s crypto payment processor solution offers flexibility that doesn’t compromise on security.
Interested to know how your business can accept crypto payments? Simply fill out this form and our team will be in touch. To learn more about how Swapin can help, visit the website.
