Exscudo team: “Crypto payments become so much simpler when you choose the right provider”

The current global economic situation clearly shows that fiat currencies are not as reliable as they seemed to be. Inflation devours companies’ capital, and they seek alternative payment and storage solutions. As a result, former mistrust in cryptocurrencies and blockchain tech is being replaced by genuine interest.  

Cryptocurrencies are being gradually integrated into e-Commerce, electronic trading platforms, exchanges, online stores, banking sector, gaming and many other industries. The number of real-life use cases is growing.

Payment processing is another area where cryptocurrencies can make a dramatic difference. Blockchain transactions are much faster and cheaper, especially for enterprises. The only thing  lacking is a channel that would link fiat and crypto coins. Exscudo bridges this gap, and we will soon explain how.

How to select a crypto processing provider?

Here’s a short story. In 2019, one user called Exscudo a scam because they failed to perform a transaction. The problem was actually caused by another app. This story did have a happy ending: the user received prompt help from the company’s customer support agents. There were no Exscudo reviews like that anymore, but the team realized that users need more intuitive solutions to master the basics of blockchain transactions. 

In fact, crypto can be easy with the right platform and instruments at your fingertips. Specialized payment processors allow businesses to seamlessly integrate crypto transactions and let customers use any coin to buy. Exscudo, for example, supports 60 currencies (fiat and crypto) and has about 600 trading pairs.

The following recommendations will guide you through the choice of a worthy crypto processor:

1. Study the market: check available solutions and make a list of providers.
2. Evaluate the functionality of each cryptocurrency processor on the list (speed, security, availability, list of supported cryptocurrencies). Remember that too many eatures do not mean better quality.
3. Find out how many companies are using the cryptocurrency payment gateway and for how long.
4. Read customer reviews. Exscudo feedback in Google Play Store, for example, can help you understand what experience to expect from the app and payment platform alike. Many large crypto payment processors are also rated on independent aggregators, which can help you make an informed decision.
5. Explore the commercial terms: fees, supported payment providers and currencies. Make sure their in-app payments are affordable, and that the platform supports all major fiat payment gateways (Visa, MasterCard, etc).

Based on the information received, you will identify the best solution for your business and choose the most suitable crypto processing company. Or you can search no more and try Exscudo’s exchange and payment products .

Exscudo – EON blockchain-based crypto/fiat processor

Seeing that people are afraid of blockchain’s steep learning curve and crypto scam, Exscudo team has decided to build a very comprehensive platform for making payments, converting and transferring various coins, and checking analytics (for example, Exscudo coin price). 

Since the successful Exscudo ICO in 2017, the company has been focused on making intuitive solutions for users. The arsenal of their tools includes:

• The FinTap wallet allows customers to store and transfer 60 cryptocurrencies. Thanks to the EON blockchain and 12 layers of encryption, funds and personal data stay safe.
• MultiAcquiring is a cryptoprocessor that empowers customers to use many crypto and fiat currencies for payments. Merchants, in their turn, will be able to receive payments in their preferred currency. Asset conversion is powered by the OTC Core algorithm: it compares the rates of different liquiity providers and automatically picks the best quotes. In Exscudo, prices of coins stay locked for 10 minutes while a transaction is being processed, so the final received sum is not affected by slippage.
• Built-in messenger: one of the most popular features, judging by Exscudo reviews. Users can chat and transfer funds to each other with in-app P2P transactions almost for free.
• White Label and SDK enable companies to integrate the functionality of the FinTap wallet into their products and apps.

Despite the past Exscudo scam allegations, the platform keeps growing and introducing new features and tools. The team is developing a whole gamut of new useful instruments. The following should be released soon:

Advanced trading terminal

By connecting different exchanges, it will greatly expand the number of trading pairs and further optimize swap rates. This is a great tool for experienced traders who operate a larger portfolio of assets.

Springboard

Any company or user will be able to launch their own token and add it to the Exscudo infrastructure for trading and payments.

DeFi solutions

After shifting to a decentralized architecture, Exscudo will launch staking and other DeFi tools to offer more sources of passive income for both retail and corporate users. For the latter, the earnings generated by crypto savings will help to compensate for payment costs. Besides, DeFi means a wider choice of tokens and convenient crypto arbitrage options.

Wrapping up

While some businesses keep missing golden opportunities thinking that crypto is nothing more but scam, Exscudo helps companies sharpen their competitive edge and provide customers with freedom of payment. Why limit your clients when you can enjoy the advantages of both fiat and crypto?

Find out how Exscudo can help you manage personal funds or level up your business – visit their official website.