Cyclebit is a crypto payment processor that allows merchants to easily accept digital assets payments anywhere, in both offline and online environments. It is a global company already established in Canada, the U.S., Europe, and Southeast Asia. Cyclebit currently supports more than 20 of the most popular cryptocurrencies including BTC, ETH, LTC, BCH and more.
Businesses Can Accept Crypto Anywhere With Cyclebit
With consumer interest for crypto growing, many more businesses would like to accept digital currencies but lack the knowledge and technological infrastructure needed. Cyclebit solves this problem as it empowers retailers to take advantage of crypto payment opportunities with simple, affordable, and robust tools for in-store, online and on-the-go purchases.
Cyclebit was launched in 2019 as an independent business entity and is based on an ecosystem and technological expertise provided by ibox. This means it can share partner resources with an established provider with over one million transactions a month, $1 billion annual turnover and 200,000 POS terminals using its technology. Cyclebit is currently operational in Canada, the U.S., Thailand, Vietnam, Japan, and selected parts of Europe.
Crypto technology makes transactions private, transparent and direct between the merchant and the customer – with no intermediaries. Cyclebit leverages this to process cryptocurrency transactions in a way that mimics cash’s desirable features for businesses and customers. Some of the superior transaction capabilities include borderless and universal accessibility, no intermediation fees at the point of transaction, a very high level of privacy and the capacity for offline transfers. Cyclebit also charges 0% transaction fees to merchants for all cryptocurrency transactions.
Online and Offline Crypto Payments Solutions
As cryptocurrencies are becoming more popular around the world, accepting them is becoming a way for businesses to attract more customers and get ready for the future of payments. This is true for both e-commerce websites and brick-and-mortar stores, so Cyclebit offers solutions for all types of businesses. It supports payments in over 20 top cryptocurrencies such as BTC, BCH, LTC, and ETH, and regularly integrates more popular digital currencies.
For online retailers Cyclebit offers an e-commerce payment solution with easy integration into online stores. Сycle Online lets you accept multi-cryptocurrency payments on your website from all over the world and settle in your local currency. The service includes protection from volatility, chargebacks, and ID theft, and has no hidden fees for processing payments. With this solution the exchange rate is fixed at the time of the transaction, which completely removes the risk of price volatility. And Cyclebit collects and deposits all payments processed directly to your bank account the next business day.
For real-world stores Cyclebit offers…