Have You Thought About Accepting Cryptocurrency Payments on Your Ecommerce Site?

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In June of this year, the global cybersecurity firm Kaspersky revealed that 19% of the world’s population has purchased cryptocurrency. The study further disclosed that 14% of respondents who have never used cryptocurrencies would like to do so in the future. With a combined market capitalization value exceeding $200 billion, now is the perfect time to start accepting cryptocurrency payments on your website.

ICOHolder has assembled a list of more than 250 companies that currently accept cryptocurrency as a method of payment. The list has some surprising additions. You can now book a transcontinental flight, pay university tuition and purchase an electric vehicle all with bitcoin. With over 1,600 cryptocurrencies available for consumers to buy and sell, it should come as no surprise that global adoption rates are steadily climbing.

Accepting cryptocurrencies on your site is a savvy business practice. Already, 20% of millennials are holding or using digital assets, which represents a momentous shift in the cryptocurrency market. Here are 5 reasons why you should consider accepting digital currency payments today.

5 Reasons Your Business Should Accept Cryptocurrency

1) You’ll Save Money – Because cryptocurrencies are decentralized, they do not require a bank or third party to verify every transaction. By eliminating these high fees, you’ll save between 2 and 5 percent on each transaction.

2) Transactions Are Processed Quickly – With cryptocurrencies, waiting for funds to be deposited into your business account becomes a thing of the past. Transactions occur in real-time which means they are quickly processed.

3) You’ll Acquire New Customers – Cryptocurrency adoption is quickly growing and as more and more people learn about the advantages of using digital assets, you’ll be perfectly positioned to provide them with the products and services that they need. Cryptocurrencies are also a convenient payment option for customers who do not possess a credit card.

4) Eliminate Fraud and Chargebacks – Cryptocurrency blockchains record transactions on an immutable ledger which means that they cannot be modified or deleted. This eliminates potential fraudulent chargebacks as both parties must approve transactions beforehand.

5) Cryptocurrencies Are Truly Global – If your business exports goods or purchases manufacturing supplies from foreign countries, cryptocurrencies can help you avoid expensive foreign transaction fees and exchange rates. Additionally, in regions where financial services are limited, cryptocurrency payments can be easily made using mobile phones, bypassing expensive third-party intermediaries.

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We know that cryptocurrencies are complicated. That’s why we’ve made it easy for you to start accepting some of the most popular digital currencies on your website. With our payment platform, you can easily accept Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, Ethereum Classic, Binance Coin, Dogecoin, Litecoin, NEO, OmiseGO, Tron and Ripple. It’s completely free to upgrade your SolidTrust Pay merchant account to accept cryptocurrency payments and our representatives are always available to answer your questions or lend a helping hand.

By applying to accept cryptocurrency payments at your checkout, you will be providing your customers with more payment options, which in return, will attract more business! If you already have a merchant account with us, you can apply for a cryptocurrency payment button by logging in to your SolidTrust Pay Account and going to Merchants > Crypto Payments. If you don’t have a merchant account, you can Sign Up for free and start accepting digital currency payments today!

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What Will You Do With Your TrustPoints Rewards?

 

TrustPoints Rewards

Introducing SolidTrust Pay’s Exclusive Member Rewards Program

At SolidTrust Pay, we’re always looking for ways to give back to you, our valued members. That’s why we’re excited to let you know about our TrustPoints Rewards Program. All SolidTrust Pay members are automatically enrolled in our rewards program. For every $10 worth of funds you transfer to a member or merchant account, you earn 1 TrustPoint. Your points never expire and you can redeem them when your balance reaches as little as 100 points.

So what can you do with your TrustPoints? A lot! When you have accumulated a preset amount of TrustPoints, you can redeem them for gift cards, receive a cash deposit to your SolidTrust Pay account, transfer them to another SolidTrust Pay member, or donate them to a charity. Of course, you don’t have to rush to redeem your points all at once. You can watch your TrustPoints pile-up and save them for larger rewards.

To view your TrustPoints balance, log in to your secure SolidTrust Pay Account and go to Rewards > My TPoints Rewards. There, you can view your transactions and redeem your points.

Do More With Your SolidTrust Pay eWallet

In addition to our TrustPoints Rewards Program, you can take advantage of our Buyer Protection, Emergency Account Funding and Beneficiary Services. We always strive to exceed your expectations, and for this reason, we offer Buyer Protection to all our members. We will tirelessly work with you and our merchants to resolve any product or service disputes until you are completely satisfied with the outcome. Additionally, our Emergency Account Funding program prioritizes your funding and withdrawal requests, ensuring that most transactions are completed in under 24 hours. Finally, SolidTrust Pay’s exclusive Beneficiary Program safeguards your funds against automatic account suspension due to extended periods of inactivity. This service further guarantees that all assets in your account become part of your estate.

The SolidTrust Pay Advantage

Our TrustPoints Rewards program is yet another reason why millions of satisfied users have chosen SolidTrust Pay for their e-wallet and online payment processing needs. We are continually looking for ways to improve our members’ experience and strongly believe that a personal touch remains the hallmark of great service. Additionally, we recognize our corporate responsibility in the world and donate significantly to recognized charities. Your SolidTrust Pay account is so much more than a convenient e-wallet; it’s a gateway to a thriving global community dedicated to service!

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October 14th Office Closure

Thanksgiving

Fall has arrived and that means Thanksgiving is right around the corner. Thanksgiving is a time to reflect on the many blessings that have come into our lives during the past year. It’s also an occasion to celebrate our connections to those we love as we take the day to enjoy the company of good friends and family. We hope that you will take some time to do the same.

Please be advised that our office will be closed on Monday, October 14, 2019, in celebration of Thanksgiving. Our Customer Support and Verification departments will be unavailable on this date. As this is also a Canadian banking holiday, please allow additional processing time for deposits, withdrawals and e-currency exchanges. If you require assistance, you may leave a Support Ticket for us at any time and we will promptly respond to your inquiry when our office reopens on Tuesday, October 15.

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The SolidTrust Pay Advantage

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On August 6, 1991, the World Wide Web became publicly available. Captivated by the potential of this new global network, Book Stacks Unlimited, a small bookstore in Cleveland, Ohio, began promoting itself using dial-up bulletin boards. In 1994, the store launched a website that would grow to attract more than half a million visitors every month. At the time, Charles M. Stack, the company’s founder, did not see himself as an early e-commerce pioneer. Little did he know that within a year, e-commerce would be transformed with the launch of online giants Amazon and eBay.

From its humble beginnings in the early 1990s, e-commerce has become big business. By the year 2020, over 2 billion people worldwide are expected to be buying goods and services online. In many countries, e-commerce sales are growing by a staggering 15-20% per year, encouraging retailers of all sizes to embrace an online presence. But is online shopping merely a trend or will it continue to transform how we purchase goods and services?

The intrinsic advantages inherent in online shopping are extensive. For starters, its convenience is unparalleled. Online shopping is available to anyone with an internet connection 24 hours a day, 7 days a week. It also provides consumers with a plethora of choices unseen in traditional retail establishments. You can easily purchase products from every country in the world and have them delivered to your front door in a matter of days. Online shopping also allows you to easily shop around for the best deals. Thanks to price comparison sites like BizRate and NexTag, finding the products you need for less takes only a few minutes. Additionally, retailers are increasingly using exclusive sales to entice new customers to make online purchases. This means that if you’re a savvy shopper, you can find deals everywhere you look.

Navigating Online Payment Solutions

From this brief overview, it’s evident that e-commerce is much more than a trend, it’s quickly transforming how we procure life’s necessities and will continue to do so as more and more consumers embrace the convenience and cost-saving opportunities it delivers. As a business owner, e-commerce cannot be overlooked. If you want to be competitive in the 21st century, you need an e-commerce site that provides your customers with an enjoyable and intuitive purchasing experience. You’ve already invested the time to create a beautiful website and purchase quality web hosting services, but have you taken the necessary time to reflect on your payment processing needs and how to easily integrate them with your preferred e-commerce software and shopping cart?

Finding your way through the maze of online payment processors and gateways can be a daunting undertaking. Should you choose the service provider with the lowest processing rates? Perhaps you should instead opt for the processor that supports the largest variety of payment options and currencies. You also mustn’t overlook security and settlement times. Nor must you ignore the processor’s ease of integrating with popular shopping carts. The list of factors to take into consideration is nearly endless. That’s why we at SolidTrust Pay have taken a different approach to help our customers grow and compete online – we work with you to create tailor-made solutions for your unique needs.

SolidTrust Pay’s Advantage

Like you, your business is truly one of a kind and we believe that your payment processor should understand this. We also know that conventional, out of the box solutions may not adequately address your needs and priorities. SolidTrust Pay’s team of integration specialists can create a customized merchant solution that’s perfect for you.

  • Our payment platform can seamlessly integrate with the software and checkout system you use to run your business.
  • We can create remote payment APIs that will quickly and easily handle all your payout needs.
  • You can customize your payment solution to include online payments, mobile processing and virtual terminals.
  • Custom modules can be created for convenient e-commerce shopping cart integration.
  • Most importantly, all of our custom services are PCI-compliant, ensuring that you and your customers are protected.

Since 2006, SolidTrust Pay has served millions of clients worldwide. We provide global e-wallet and personalized payment processing services to individuals and corporate clients. Whether your business requires simple payment solutions or advanced integration options, we provide services that can handle all your payment needs. In addition, as a global company that operates in more than 190 countries, we recognize our corporate responsibility in the world and donate significantly to recognized charities. Canadian owned and operated, we strive to exceed our member’s expectations by delivering uncompromising service at affordable rates.

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