How it works?

How it works

PaybyBit presents a user-friendly payment platform tailored to the needs of both merchants and customers. The following is a straightforward guide to help you understand how PaybyBit works:

For Merchants:

Sign up for PaybyBit and create an account.
Configure your payment gateway to start accepting cryptocurrency payments:

Online: Integrate the API with your website.
In-store: Generate and print a QR code or use Mobile POS application.

Optionally, create a store menu for your products or services.
Customers can pay you using their preferred cryptocurrency, and the payment is automatically sent to your wallet or bank account.
If your company has a payroll panel, you can fund your employees' accounts for convenient payments.
Choose your settlement mode (KYC required):

Fiat: provide your bank account and IBAN number for automatic settlement.
Cryptocurrency: Select your preferred cryptocurrency for withdrawal and supply a wallet address for real-time withdrawal.

For Customers:

PaybyBit offers a seamless and user-friendly experience for customers. Here's a step-by-step guide on how to use the platform:

In-store, place an order or browse the store menu by scanning the QR code, then proceed to payment.

Choose your preferred cryptocurrency and view the equivalent payment amount in that crypto.
Based on your selected cryptocurrency, opt for one of the following payment methods: log in with your wallet, pay with your account balance, or use the address-to-address payment method. PaybyBit facilitates direct payments into your wallet, account, or generates a unique wallet address for you to send your cryptocurrency payment.
Confirm the payment.
The PaybyBit platform verifies and processes the payment.
Upon completion of the payment, the merchant is notified, and the transaction is successfully concluded.

PaybyBit is an emerging fintech startup dedicated to enabling secure and efficient blockchain-powered transactions. Our crypto payment system empowers merchants to accept cryptocurrency with ease, regardless of their familiarity with the cryptocurrency and blockchain industry.

USEFUL LINKS

بيه باي بيت لخدمات تحصيل الرسوم والدفعيات شركة الشخص الواحد ذ.م.م

PAYBYBIT PAYMENT SERVICES PROVIDER CO. L.L.C

Phone

+43 (677) 6148-2340

info@paybybit.net

Social