5 min

Express payments via WhiteBIT Pay. How does it work?

Express payments via WhiteBIT Pay. How does it work?

As the popularity of cryptocurrencies grows exponentially, business owners have become interested in integrating the new payment method. Some international companies such as Starbucks, Microsoft and Tesla are already actively accepting cryptocurrency payments. So, let’s understand how cryptocurrency payments work and consider offline and online ways of accepting crypto.

How to Accept Cryptocurrency Payments

You can accept cryptocurrency payments both online and offline. Whitepay provides products that allow any business to start accepting crypto quickly and securely.

Online Payments

With cryptocurrency acquiring, online stores can accept payments directly on their website. Whitepay supports over 200 cryptocurrencies, providing fast, convenient, and secure payment processing. Merchants can customize the payment page, track transaction statuses in real-time, and access detailed financial reports.

Offline Payments

For physical stores, payments can be accepted via QR-code-based crypto links. Customers scan the code with their crypto wallet, confirm the transaction, and the business receives the payment instantly—secure, fast, and simple, without any POS terminals.

Express Payments via WhiteBIT: How It Works

The Whitepay team is constantly improving its products to make crypto payments more convenient for customers.

Here’s how it works: a customer wants to pay for a product or service with crypto and selects a payment method through Whitepay. They see the order amount and can choose to pay via WhiteBIT or another cryptocurrency wallet.

If the customer selects WhiteBIT, they choose the currency to pay with and see the current rate and total amount. By pressing the “Pay” button, a QR code is generated. The customer then opens the WhiteBIT mobile app, selects “Scan code,” scans the QR code, and confirms the payment.

Everything is fast, secure, and effortless, making crypto payments simple for both merchants and customers.

Advantages of Paying with WhiteBIT

Paying with WhiteBIT through Whitepay makes cryptocurrency payments fast, secure, and convenient. Scanning the QR code automatically fills in all payment details, so users simply confirm the transaction. This eliminates the risk of errors, such as entering the wrong wallet address or network.

Payments are processed directly within the exchange, which speeds up transactions and removes network fees, saving users money. With WhiteBIT, accepting or making crypto payments has never been easier for both customers and merchants.

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