Can blockchain be used for payments?

03 Oct 2022 By PAYCEC

Though we are unsure about the value of blockchain technology in payments, it does provide a new effective method of payment that many top banks are using to attract customers.

To facilitate faster, low-cost, secured transactions, a payment gateway using blockchain like PayCEC has brought a more intuitive payment method that can be done within a few seconds. Here’s how blockchain payments process on PayCEC:

  • Your customers decide to pay for a good or service via PayCEC.
  • They pay for a digital invoice using their payment gateway. This is usually a QR code containing the receiving wallet address and the amount needed.
  • They scan the QR code with the app and confirm the payment.
  • PayCEC converts crypto money from buyers to fiat currency and deposits it to your account in USD, EUR, GBP, or CAD.

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We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.

Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.

PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.

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