How can blockchain be used in payments?

27 Sep 2022 By PAYCEC

Blockchain can be used in payments by blockchain-based payment gateway like PayCEC to promptly transfer crypto coins internationally. This payment gateway allows a highly secure cryptographic money transfer service that sends a confirmation OTP with each transaction. Next, it gives users permission to modify the interface to match the brand colors.Risk management functionality will be one of PayCEC's strong points by encrypted all data and stored it in protected environment. This blockchain digital gateway meets PCI DSS certification requirements and delivers an account management system for assessing the date and amount of transfers.

Moreover, blockchain 1.0, which is known as cryptocurrencies, can be used to sell, buy or trade on a blockchain digital platform or invest in a company with bitcoin on the balance sheet. For example, Square, WeWork, MicroStrategy, and Tesla are among the companies that have accepted this form of investment. Blockchain 2.0 can also be used to proceed digital financial contacts. Likewise, users are recommended to invest in the business through online brokers to guarantee results.

Users can buy cryptocurrencies like Bitcoin or Ethereum on direct centralized financial exchanges (CeFi) or decentralized finance exchanges (DeFi). CeFi is an exchange that already monitors and manages your crypto on their platforms like Binance, Luno, and Coinbase while DeFi allows consumers to transfer their crypto directly without any hassle. any intervention such as Uniswap, Compound, or Airswap.

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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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