One of the oldest electronic payment service providers is already facilitating payments with cryptocurrencies to companies in the United States.
In more than 8,500 establishments allied with OLB and the platform SecurePay , customers can pay from their mobile devices with cryptocurrencies bitcoin (BTC), ether (ETH), and stablecoins pegged to the US dollar, DAI and USDC.
Users can cancel with the cryptocurrency portfolio of their choice, to which SecurePay will receive the payment and convert it into dollars (USD), according to a press release from OLB Group.
“OLB systems are agnostic when it comes to cryptocurrency wallets and integration with third-party software. OLB is compatible with wallets such as Metamask, Coinbase Wallet, Crypto.com and Trust Wallet, as well as the wallets that are available in the Apple and Google stores ”.
The press release details that SecurePay has with a mechanism to collect transaction fees in a more efficient way, without having to constantly change cryptocurrency, generating unnecessary delays , an important factor when making a payment to change of a retail product or service, as is the focus of this platform.
Due to the Covid-19 pandemic, these types of payment methods have been strengthened. OLB Group CEO Ronny Yakov thinks merchants will quickly adapt to this platform, as they are already familiar with similar technology r, he said.
They also specified that those merchants who want to start accepting payments in cryptocurrencies, or some other business related to this type of activity, you can register on a page provided for this purpose (cardaccept.com).
Bitcoin, increasingly viable as a means of payment
Bitcoin could be being used as a means of safeguarding value, rather than as an exchange or payment method, but this possibility is increasingly being opened to the general public, which is so necessary for encourage the adoption of cryptocurrencies in customers and merchants.
An example similar to what OLB Group wants to enable is Rakuten Pay , u An electronic money card widely used in Japan and that can now be recharged with Bitcoin (BTC) and other cryptocurrencies, we reported in CriptoNoticias.
Also, the renowned debit and credit card company MasterCard will allow its affiliates to accept payments in cryptocurrencies through a single platform , reported this medium.
On the other hand, companies such as Bottlepay take a position to allow payments with Lightning, the network and second layer solution of Bitcoin, which allows transactions with increasing amounts (due to the increase in network capacity), with really low commissions and immediately.