How Swapin & SwapinCollect Is Helping E-Jewels Connect With Crypto Users

Swapin solutions offer a diverse range of benefits to both B2C and B2B segments. Both categories are areas where Swapin sees extensive expansion opportunities and are top priorities in the updated company roadmap.

As part of our continued efforts to bridge the gap between digital assets and traditional worlds, we are proud to reveal a new partnership with premier online luxury jewelry retailer E-Jewels. The exclusive partnership allows E-Jewels to leverage the power of SwapinCollect, and, soon, the SwapinCheckout.

All About E-Jewels And Why They Chose To Partner With Swapin

E-Jewels is one of the largest luxury diamond retailers in all of Europe. The company is known for its pristine cut and near-flawless diamonds set in a variety of precious metals. The website offers everything from diamond rings to necklaces, bridal sets, and more. 

E-Jewels CEO Henrik Hald noticed the constant requests from customers asking to pay for high-end luxury items with crypto assets. Hald also couldn’t ignore the fact that the demand was coming from all over the globe. “Cryptocurrencies are fast, borderless, and secure, making them increasingly a preferred way of doing business – in particular when it comes to luxury items,” he explained.

“We wanted to find a way to respond to all of this demand, but there wasn’t yet an easy way to accept crypto from our customers,” said the E-Jewels CEO. “Monitoring client behavior indicates that they are more likely to purchase luxury items like a Rolex or diamonds, for example, with crypto profits,” Hald added.

How Swapin Solutions Help Brands Become Trendsetters

Among the company’s many goals, Henrik Hald wanted to make E-Jewels a leader in connecting traditional worlds like diamonds and gold jewelry with the innovative crypto technologies of today.

That is where Swapin solutions came into the conversation. E-Jewels is leveraging SwapinCollect technology which allows businesses to accept cryptocurrencies that are immediately converted into EUR and transferred into a merchant’s bank account without all the fuss and frustration related to accounting, and conversion rates, or regulatory compliance.

With two primary locations in Tallinn, Estonia, and Denmark, Copenhagen, E-Jewels can now reach customers from across the globe using SwapinCollect. “Swapin solutions allow us to create revenue streams we couldn’t previously reach due to distance or because there wasn’t previously an easy way to accept cryptocurrencies from our customers,” E-Jewels CEO Henrik Hald said about the partnership. “We are excited to leverage E-Com in the future along with whatever Swapin comes up with next,” he added.

Swapin Solutions Explained: The Best In B2C And B2B Services

Swapin also offers several B2C products – SwapinGet, SwapinPay, and soon, SwapinBuy – as well as another B2B product called SwapinCheckout. SwapinCheckout is an all-in-one crypto-accepting e-commerce solution. It allows businesses and merchants to quickly and easily implement a payment widget into any website or online storefront and accept cryptocurrencies from eager customers. Best of all, Swapin converts these funds into EUR and deposits them to the merchant’s bank account in the blink of an eye.

“SwapinCheckout is just like the classic e-commerce checkout process, but with crypto. Instead of selecting a credit card, choose a coin and complete the simple steps of the checkout process,” explained Swapin CEO Evald-Hannes Kree. The service is designed to make it easy for businesses as well as their customers, with plenty of flexibility for both.

“With this service, we’re also supporting popular merchants plugins, such as WooCommerce, Magento, and Shopify,” continued Kree. “Competitors usually solve just one problem,” he explained, adding, “Swapin solves three at once.”

“The first problem we address is creating a bridge between crypto and bank accounts, so funds move from crypto to EUR in a flash. The second problem we solve is volatility risk – merchants will always receive the amount of money they expect and don’t have to deal with the constant fluctuations of cryptocurrency prices. Finally, we solve the accounting issues for businesses and keep track of all cryptocurrency transactions in the Swapin dashboard,” Kree outlined.

“We are excited to bring these solutions to E-Jewels as part of our ongoing partnership,” said the Swapin CEO.

Stay Tuned To Swapin Official Channels

Stay tuned to the Swapin blog for more updates on other exciting Swapin partnerships and more in the weeks ahead. You can also follow Swapin on Facebook, Twitter, Telegram, or LinkedIn.

Be sure also to try Swapin and make your first deposit today and access the future of finance. Swapin is a pioneer in crypto-to-payment solutions, catering to both B2C and B2B segments with a wide range of proprietary products and services. Click here for more information about Swapin or to join the Swapin team!

Swapin x Aufort: Enabling Crypto Payments for E-commerce

The idea of boosting E-commerce sales by enabling crypto as a payment method has been around since the dawn of digital assets. The reason there’s been a lack of solutions on the market is that integrating a crypto payment method into your UI is not a simple task, and the legal compliance around crypto and accounting keeps many businesses from taking this step forward.

Aufort Gold is an online metal investing platform that recently overcame those hurdles by adopting SwapinCheckout – a smart payment solution for e-shops and merchants. SwapinCheckout was integrated hassle-free into the Aufort platform, connecting their investment services to quite possibly one of the most promising audiences – crypto holders.

This groundbreaking tool gives Aufort access to several exclusive benefits, the first of which is a smooth, reliable, and fully E-regulation compliant gateway for crypto-to-fiat payments that allows Aufort to accept crypto payments. Another benefit is that those funds are received directly in their bank account after the crypto funds have cleared. 

Here’s how it works: Once a customer is ready to check out and pay for their purchase, SwapinCheckout will appear among all the traditional payment methods like credit cards, Paypal, etc. With SwapinCheckout, customers can pay using crypto such as Bitcoin, Ether, Litecoin, and more. 

SwapinCheckout provides a wallet address, and once the customer sends the funds there and they clear, the merchant immediately receives the correct amount of euros directly to their corporate bank account without ever having to touch crypto themselves. Swapin handles the entire process of exchanging the crypto for fiat as well as depositing the fiat to a predetermined bank account so that merchants don’t face any accounting hassles. 

Another benefit is that Aufort is protected from market fluctuations as SwapinCheckout automatically adjusts the displayed price on the widget to the current rate and fixes it for 30 minutes. Aufort is guaranteed to receive the exact amount in fiat, while the buyer is also protected because the amount they owe in crypto is fixed for this period of time.

Thanks to Swapin, the company now gains access to a significantly wider audience than previously. Here is what Bert Ken Raudberg, the Founder of Aufort thinks of SwapinCheckout:

Sign up for your personal Swapin account today and start accepting and spending crypto in a smarter way. Follow our official Twitter account and stay tuned for more updates!

Swapin for Business Intermediaries: Seizing Opportunities on the Market

Whether you’re an entrepreneur, a car dealership, or a small e-commerce shop, Swapin’s B2B-geared solutions are more than capable of handling your business’ needs. With products designed for any size business – Fortune 500 company or local entrepreneur – you can find your own niche and start earning.

Anthony is an entrepreneur with some experience working in real estate and a significant network in the crypto space. He has many friends that own crypto and are willing to invest their digital assets into real assets, such as residential or commercial property.  

Many property owners are reluctant to handle crypto as there is a lack of reliable tools that comply with accounting requirements, but they’re looking to sell their property quickly to the highest bidder. This could easily be a crypto holder looking to purchase a property with their digital assets. Anthony saw this gap, and knew he could fill it. Using SwapinCollect, he can become a highly needed intermediary between property sellers and crypto holders. 

Anthony acts as the go-between in the payment transaction of a property purchase where the buyer prefers to pay in crypto. He started this currently successful business by setting up his own independent “intermediary company” and opening a corporate Swapin account. Let’s see how this works in practice:

Say there’s a property owner looking to sell their house, and the highest potential bidder would like to pay in crypto. The seller normally wouldn’t be willing to accept payment in digital assets, and that’s where Anthony steps in. 

Along with the standard property purchase-sale agreement, Anthony signs an escrow agreement with the property seller which will allow his “intermediary company” to facilitate the payment between the buyer and seller. After the agreement is signed, using SwapinCollect, Anthony issues a unique payment link to the buyer where they can choose which digital asset they would like to pay with for the property. After they’ve selected which crypto to pay with, the system automatically calculates the exchange rate, sets the amount to be paid in crypto, and locks it for 30 minutes. 

The buyer then sends the required amount of crypto and once the funds have cleared on the blockchain, the original agreed-upon amount of fiat is directly deposited into the bank account of Anthony’s “intermediary company”. Next, Anthony will transfer the euro amount to the property seller that was decided under the escrow agreement, while keeping a commission for facilitating the transfer. 

This case is a great example of how thanks to Swapin, the buyer managed to purchase a property by paying with crypto, the seller received euro to their bank account without touching digital assets, and Anthony earned a legal commission for facilitating the payment and acting as an intermediary. A three-win situation, isn’t it?

Sign up for your personal Swapin account today and start accepting and spending crypto in a smarter way. Follow our official Twitter account and stay tuned for more updates!

Swapin x Pax.world: A Seamless Solution for Salary Payouts

In recent years, we’ve seen more and more companies offering the option to receive your salary in crypto. It’s common to see crypto startups paying salaries in digital assets, but what is the solution for them once staff expenses have to be covered in fiat currency? 

Although many small crypto companies earn their income in crypto, sometimes employees don’t want to deal with crypto themselves or would rather receive a more stable salary option. SwapinPay by Swapin is a convenient solution for these companies to bridge the gap between cryptocurrencies and fiat.

Pax.world, a blockchain startup working on a multi-functional decentralized metaverse, was looking for a solution to offer fiat salary payouts to their employees. That’s when they joined the list of Swapin clients and implemented SwapinPay, which works as an instant converter that allows companies to pay salaries, partners, and even service providers in digital assets, while euros are delivered to the IBAN account of the receiving party.  

In the case of Pax.world, they earn money in crypto but want to send out their employee’s salaries in euros. All the accountant needs to do is open SwapinPay and enter the recipient’s bank account details, the amount in euro the company needs to transfer, and the cryptocurrency they prefer to pay with. Swapin currently accepts transactions in nine major assets including BTC, ETH, USDT, LTC, and more. 

Once they’ve done that, SwapinPay immediately calculates the amount of crypto needed and the wallet address to send it to. That amount is fixed and the Pax.world accountant then has 30 minutes to complete the transaction. Once it’s complete, the employee receives the fixed amount in euros to their IBAN account in a matter of minutes, guaranteeing protection from crypto market fluctuations for both sides. 

Here is what Frank Fitzgerald, the Founder of Pax.world thinks of SwapinPay:

Sign up for your personal Swapin account today and start accepting and spending crypto in a smarter way. Follow our official Twitter account and stay tuned for more updates!

Swapin x RE/MAX: Bridging Crypto and Real Estate

No matter what your business is, Swapin’s flexible crypto-to-fiat solutions can take your business to a whole new level by allowing you to accept crypto as a payment method without any of the associated risks and hassles.

Things like the volatility of the market and the hassle with accounting can make businesses reluctant to work with crypto. For a while now, the real estate market has been dipping its toes into the crypto world by allowing properties to be sold for digital assets, but this adoption is slow due to the issues mentioned above.

In spite of these concerns, RE/MAX – an international real estate company – is diving head first into the world of crypto thanks to SwapinCollect, a tool from Swapin that allows buyers to use their digital assets to purchase property, while protecting both sides from market fluctuations. Let’s take a look at how this solution works in practice.

Imagine the seller of a property only wants to accept payments in euro for the property they are selling, but an interested buyer is looking to pay with their Bitcoin. Usually, this would make a sale between the two parties impossible. But with SwapinCollect, the buyer can purchase the property in Bitcoin, while the seller receives the funds in euro immediately to their bank once the transfer is complete.

Using this Swapin feature, the seller sends a unique payment link to the buyer, who then enters the agreed-upon euro amount. The buyer then chooses the cryptocurrency with which they want to pay – in this example, Bitcoin – and SwapinCollect calculates the exact amount in BTC equivalent to the fiat sum. 

After this is done, the buyer receives details on both the exact sum in Bitcoin and the wallet address to which they will transfer it. That BTC/EURO exchange rate is then locked for 30 min so that the buyer doesn’t suffer from any market fluctuations. The seller is also protected because once the funds have been successfully transferred, the agreed-upon amount in euros will hit the seller’s bank account within the next few minutes. It’s that simple!

Ruslan Gulida, the Estonian regional manager of RE/MAX explained how Swapin helped expand his business and grow sales by adding a crypto payment method.

Sign up for your personal Swapin account today and start accepting and spending crypto in a smarter way. Follow our official Twitter account and stay tuned for more updates!