When
you receive your fiat payment, you release your coins to your buyer from escrow.
Not exact matches
Bitpay still allows businesses to accept
payments while
receiving fiat.
With UTRUST you can accept multiple cryptocurrencies at once and all
payments received will be converted to
fiat currency to protect you from market price fluctuations.
The company was incorporated in 2014 and is backed by SEED Capital Denmark, SEB Venture Capital and Accelerace. Coinify.com platform offers blockchain currency trading and
payment processing services: individuals can buy and sell blockchain currencies; and merchants can accept blockchain
payments in 15 currencies and
receive payouts in
fiat.
The transaction works the same in the reverse: if a recipient needs or prefers to
receive a
payment in bitcoin, but the sender prefers to deal in
fiat currency, the sender can add money to their Abra wallet using their bank account or a local Abra Teller and then send their
fiat currency directly to the recipient's bitcoin address, even if the recipient does not have an Abra wallet.
Customers will be able to purchase goods and services using our token, but we don't assume the near - term mainstream adoption of crypto - wallets, and will primarily
receive payments in
fiat near - term and gradually proceed towards full adoption.
Cryptocurrency
payments received can be automatically or manually exchanged for
fiat currencies.
Bitonic uses the iDEAL
payment method which ensures that SEPA customers
receive near - instant deposits and withdrawals of
fiat currency into customer accounts.
In the context of
payments and commerce, decentralized applications can be used to create a gateway where users pay with bitcoins, but merchants
receive the equivalent
payment in their local
fiat currency.
This means that traders provide
fiat, consumers pay with their digital currency of choice and the merchant
receives his or her preferred local currency (USD, EUR, GDP, etc.) once the
payment is completed.
What helped the most was the fact that the vendors who
received Litecoin
payments received the money in actual traditional
fiat currencies.
Like Steam, the software giant used BitPay as its
payment processor, presumably because the service allowed Microsoft to directly convert the cryptocurrency
received for purchases into an equivalent
fiat amount.
If the customer pays for the hotel: with
fiat money, then the hotel
receives payment from the customer's card, with cryptocurrency, after that the hotel
receives payment to its cryptocurrency wallet from the customer's wallet.
The partnership between the Litecoin Foundation and Aliant
Payment will allow merchants to
receive payments in Litecoin and convert them into
fiat currency.
It features a single panel of operation for sending and
receiving payments and shows users only the converted
fiat currency value of their bitcoin holdings.
With UTRUST you can accept multiple cryptocurrencies at once and all
payments received will be converted to
fiat currency to protect you from market price fluctuations.
After this, the borrower would
receive $ 1,000 of
fiat currency sent to their account, at which time the borrower would also be required to start making monthly
payments plus interest.
RTXP also makes it possible to
receive payments from any cryptocurrency (BTC, ETH, etc) and
fiat (USD, EUR, etc).
In cross-border transactions involving multiple currencies, the exchange of
fiat currency to Lumen and vice-versa allows consumers and businesses to send and
receive money across borders, faster and cheaper than traditional
payment services.
If desired, a portion of the developer's earnings can be
received in
fiats, regardless whether the
payment was made in tokens or in
fiat currency.
BitPay, a well - known bitcoin
payment processor that assists companies in
receiving cryptocurrency
payments and getting
fiat cash has apparently joined forces with Adyen.
The software uses distributed network technology on Ethereum network so that anyone can exchange messages, manage cryptocurrencies, send and
receive cryptocurrencies, exchange with
fiat, and make
payments in a brick and mortar store.
Crypterium is working to create a decentralized cryptobank platform capable of performing instant
payments in cryptocurrency using existing
payment terminals, powering a state - of - the - art system for acquisition of cryptocurrencies by businesses (with the ability to
receive fiat currencies for crypto), and making crypto loans more accessible.
the system is reduced to the API allowing to
receive payments from a web site to a bitcoin wallet; suitable for those who do not need instant conversion of bitcoins into
fiat currencies
After first launching a mobile
payment platform in 2013 that let users send and
receive bitcoin as well as traditional
fiat currencies, it discontinued bitcoin transfers in December 2016.
Thus, a premium is added to the futures price as many investors will likely look to
receive payment in
fiat currencies over the actual bitcoins.
Safein also simplifies making and
receiving electronic
payments, whether denominated in classic,
fiat currencies or in cryptocurrencies, by leveraging the same digital identity capabilities that it uses for authorization.
For now, developers of applications and associated platforms will continue to
receive their
payments in
fiat currency, but plans are in place to offer them the crypto option in the near future.