Whitepay, the Ukrainian cryptocurrency platform launched its first payment service for crypto at two of Ukraine’s most prominent technology retailers.
Binance, the world’s largest digital asset trading platform, enabled the launch of the service in nine cities. Binance also launched a cryptocurrency card for Ukrainians forced to flee their homelands by the ongoing conflict between Russia and Ukraine.
Whitepay payment provides site
Whitepay provides payment infrastructure for in-store and online purchases. The company’s crypto payment service allows customers the ability to purchase products online and in stores using digital currencies including Bitcoin.
It also offers merchants a point-of sale system that allows them to track and monitor all transactions. Users can also create large networks of exchange office offices through the platform. The platform offers high levels of security for funds thanks to its multi-layered security.
crypto payment services
One advantage of using crypto payment services is that they allow businesses to accept international payments. They also remove the volatility associated with volatile currencies.
A user can view detailed financial reports through the platform. You can also sell and buy cryptocurrencies from anywhere in the globe. It also provides high levels of privacy for your personal data.
Whitepay allows users to use crypto to buy products. Customers can use their digital money to pay for groceries in their favorite grocery stores.
Customers can also purchase electronic goods from merchants such as Techno Yizhak that accept Bitcoin for services. You can also shop at major Ukrainian tech stores such as Stylus.
Whitepay provides a point to sale system, which provides merchants with QR codes. The system allows merchants access to the type and exchange rate of the transaction as well as the commissions that were paid.
You can also see how long it takes for the transaction to be completed. Future updates will allow the system to add more digital coins.
Whitepay Provides Cryptocurrency Payment Services As Well
Whitepay POS allows customers to purchase any of the 130 cryptocurrencies it supports. This service offers support to customers. You can monitor real-time transactions, and you can also sell your coins anytime. They can also withdraw funds in their Ukrainian Hryvnia national currency.
Whitepay also offers crypto-payment services. Tehnoezh is the country’s biggest electronic device retailer, and several other Ukrainian stores are using it.
You can also use the platform to place orders at Stylus. This is the country’s largest online shop owner. Users can also use the platform to purchase products from Varus, which is the largest grocery store chain in the country.
Over the last couple of years, several initiatives have been taken by the Ukrainian government to regulate the crypto market. March saw President Zelensky sign a bill legalizing the use of virtual currency