We're excited to announce a significant upgrade to our platform — an auto-conversion feature for transactions. This feature streamlines operations by providing auto-conversion of payments for both acquiring and fund withdrawals.
Auto-conversion for effortless transactions
No matter what service your clients use, whether accepting payments on the website or withdrawing funds, our auto-conversion feature ensures that your customers can always deal with their preferred currency, regardless of external circumstances.
For example, with our WhiteFlo crypto processing module, online transactions conducted with volatile cryptocurrency can automatically be converted and credited to the merchant's account in stablecoins or fiat. This means merchants can accept crypto payments without directly dealing with cryptocurrency, removing volatility risk from them.
The acquiring auto-conversion is already functioning smoothly, and we're in the process of rolling out the feature for fund withdrawals. This means that you, as a crypto payment service provider, could offer a service for your customers that caters to the currency preferences of your clients, breaking down the barriers between fiat and cryptocurrency.
Stay ahead of the curve
Typically, many traditional businesses are hesitant to work with cryptocurrencies due to their volatile and technically complicated nature, even as the trend towards crypto mass adoption is pushing merchants to consider how to accept them. With our auto-conversion functionality, your merchants can now accept payments in cryptocurrency on their websites and withdraw funds in any currency that suits them.
This feature shields them from the feared volatility of cryptocurrencies and eliminates the need to interact directly with them. You can offer your clients a more flexible service that meets the unique payment requirements of each of your clients. This flexibility streamlines financial processes and keeps you a step ahead, which is crucial in a high-competitive market.
