July 22, 2022

5 min

Whitepay: Everything You Need to Know

If you regularly follow the news of our exchange, you probably often see posts about Whitepay’s partnership with various projects. It’s time to tell more about this irreplaceable part of the WhiteBIT ecosystem.

What is Whitepay?

Whitepay is a crypto processing platform that includes many services: currency exchange, cryptocurrency donations, POS terminals, invoicing, and crypto acquiring.

The project opens up new opportunities for businesses that seek to enter a new era of crypto payments by allowing them to create a single network of exchange points with multi-level data and funds protection.

Project’s history

At the minimum viable product (MVP) stage, the company introduced the first version of the POS terminal for cryptocurrency exchange points. Whitepay also added several currencies, namely USDT, BTC, and UAH.

After the platform’s full launch, new features became available to users: detailed financial analytics, reporting on transactions, and the ability to accept non-cash currencies.

Now, a test POS network has been launched, more detailed check settings and fee imposing have been added, and a branded design of POS terminals has been created.

Since the platform is actively developing, more updates are waiting for users ahead.

Whitepay’s goals

The project aims to help businesses develop and adopt new payment methods, making their service more convenient for a larger category of users. It will also contribute to a more active introduction of cryptocurrency in various areas of life.

Platform’s Products

Whitepay provides businesses with modern and flexible solutions for cryptocurrency payments. The platform supports over 200 cryptocurrencies and ensures fast, secure, and transparent transactions.

Key Whitepay products include:

• Crypto Payments – Accept crypto via invoices, payment links, or integrations on websites and apps.
• Crypto Acquiring – Online crypto payments with fast settlements for businesses.
• Crypto Donations – Customizable donation pages for crypto contributions with low fees.
• Mass Payouts – Send crypto payments to multiple recipients at once, securely and efficiently.
• Balance Swap & Volatility Protection – Convert crypto within accounts and lock rates to mitigate market fluctuations.

This suite of products allows businesses and organizations to integrate cryptocurrency payments easily while maintaining control, security, and flexibility.

Charity

Whitepay actively supports Ukrainian charitable initiatives, enabling crypto donations for critical causes. The platform collaborates with Support Azov to help the Azov Brigade, Tabletochki to assist children with cancer, and the Sternenko Community for funding drones for the Ukrainian Armed Forces. These partnerships make donating fast, secure, and accessible for anyone worldwide.

Benefits of Whitepay

The advantages of the platform include:

• low fees;
• no hidden payments;
• fast integration and implementation of Whitepay’s products into the services of the clients’ platforms;
• data security and privacy;
• detailed financial reports and funds control;
• a one-stop business solution.

Charity

Whitepay actively supports Ukrainian charitable initiatives, enabling crypto donations for critical causes. The platform collaborates with Support Azov to help the Azov Brigade, Tabletochki to assist children with cancer, and the Sternenko Community for funding drones for the Ukrainian Armed Forces. These partnerships make donating fast, secure, and accessible for anyone worldwide.

Countries where Whitepay is available

The platform provides its services in Ukraine, Turkey, and the UAE. As the project actively enters new markets, the list of countries will continue to grow. However, charitable donations can be made from anywhere in the world.

You can contact Whitepay regarding partnerships with the project (partnerships@whitepay.com) and also discuss the possibility of entering a new market.

Whitepay is a project aimed at businesses that are open to new technologies and want to add cryptocurrency payments to their services. The platform provides crypto-processing services and is being improved for wider cryptocurrency and blockchain technology adoption.

WhiteBIT Team