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Financial & Legal
Crypto payment platforms are rapidly adapting to meet the increasing demand for seamless crypto payment options. As cryptocurrencies continue to gain traction, businesses seek integrated solutions that eliminate the need for managing multiple partners, regulatory concerns, or high fees.
Traditional banking and payment systems often struggle to incorporate crypto, leaving fintechs searching for innovative ways to handle both fiat and crypto payments efficiently.
Simplifying Crypto Spending With Debit Cards
While cryptocurrencies are meant to be spent, using them for everyday transactions can be challenging. Pre-funding accounts each time a user wants to pay with crypto can be inconvenient.
Crypto debit cards address this by linking to a user’s crypto wallet, allowing for automatic crypto-to-fiat conversion. Customers can make direct payments at any point of sale (PoS), making crypto spending as easy as using traditional currency.
These multi-currency crypto cards enable convenient cross-border payments without excessive fees or delays. Users can pay in their preferred currency when traveling and even earn crypto rewards for their transactions.
A white-label banking solution makes card issuing simple. Businesses can customize the card’s branding and manage functionality through an intuitive dashboard. The process involves four steps:
- Design the card with the company’s branding, while Striga handles printing and distribution.
- Integrate using Striga’s card-issuing API and test in the public sandbox.
- Use the dashboard to track transactions, payments, and card lifecycles.
- After testing, launch the branded cards.
Effortless Crypto-to-Fiat Conversions
One of the main features of any crypto onramp or offramp platform is its ability to provide a seamless, user-friendly payment experience. When converting crypto to fiat, users typically prioritize:
- An intuitive interface with easy-to-follow steps;
- Fast transactions with minimal obstacles;
- Transparent, competitive fees.
Building a crypto exchange platform is complex and resource-intensive. However, an API simplifies the process by eliminating the need for multiple intermediaries, thereby reducing fees and complications.
With a fully integrated crypto-fiat exchange gateway, businesses can manage deposits, purchases, and withdrawals from one platform, reducing user drop-offs and improving conversion rates.
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