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Crypto payment system on your online shop
Crypto payment system on your online shop

Integrating a crypto payment system into your online shop

V
Written by Vakhtangi S.
Updated over 5 months ago

Hello,

Integrating a crypto payment system into your online shop can open doors to global markets, offering numerous benefits that enhance both your business operations and customer experience.

Here’s why you should consider this innovative payment solution and how you can seamlessly integrate it with the help of CityPay.io.

Benefits of a Crypto Payment System

  1. Global Market Access
    Cryptocurrencies are not bound by geographic limitations, allowing your business to reach customers worldwide. This global accessibility offers equal opportunities for users regardless of their location, helping your business tap into new markets.

  2. Low Fees
    One of the standout advantages of using cryptocurrency payments is the cost-effectiveness. CityPay.io offers a service fee of just 1%, which is three times less than most traditional payment methods. This lower fee structure translates to significant savings for your business.

  3. Enhanced Customer Security
    Transactions made with cryptocurrencies are known for their security, as they are decentralized and not controlled by any third party. This increased security level gives your customers peace of mind, knowing their payments are safe and secure.

  4. Business Growth through Diversification
    By offering crypto payments, you attract a new segment of tech-savvy customers who prefer using digital currencies. This diversification can contribute to your business growth, broadening your customer base and increasing sales.

  5. Marketing Advantage
    Adopting cryptocurrency payments positions your business as forward-thinking and tech-friendly. This marketing edge appeals to a younger, more tech-savvy audience, enhancing your brand's image as an innovator in the industry.

Steps to Integrate Crypto Payments into Your Online Shop

Integrating a crypto payment system with your online shop is straightforward with CityPay.io. Here’s how you can get started:

  1. Register on the CityPay.io Portal
    Begin by registering on the CityPay.io portal and creating a client account. This will be your first step toward embedding a crypto payment channel on your website.

  2. Complete AML Verification through KYB
    After registration, undergo AML (Anti-Money Laundering) verification through the KYB (Know Your Business) procedure. This process involves submitting the necessary documentation for account verification, ensuring compliance with regulatory standards.

  3. Generate Your API Token
    Once your account is verified, you can proceed to the integration process. From your client dashboard, you can generate the API token required for integrating the crypto payment system into your online shop. For detailed instructions, follow the guide provided on the CityPay.io portal.

  4. Leverage the WordPress Plugin
    If your online shop is built on WordPress, you can further simplify the integration process by using the WordPress plugin developed by CityPay.io. This plugin is designed to make adding crypto payment options to your WordPress site easier and more efficient.

By integrating a crypto payment system with CityPay.io, your online shop can benefit from lower fees, enhanced security, and access to a global customer base, all while positioning your brand as an innovator in the digital age.

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