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Is Cryptocurrency Payment Processing the Future of Financial Transactions?

Key Takeaways

  • Bitcart operates as an open-source cryptocurrency payment processor and development platform.
  • The start-up allows businesses and individuals to receive payments in various cryptocurrencies with promise on security.
  • Bitcart differentiates itself by providing a customizable platform where businesses can build custom applications.
  • The startup is seen as a part of a bigger trend towards cryptocurrency becoming a major mode of payments.

With the continuous rise of cryptocurrencies, many businesses are exploring new ways to integrate these digital currencies into their financial framework. Bitcart, a San Francisco-based startup, has placed itself at the epicenter of this revolution by offering self-hosted, open-source cryptocurrency payment processing and development platform. Founded by Sergey Potekhin and Dmitry Murashchik, Bitcart hopes to capture a large portion of the growing market of businesses and individuals wanting to utilize cryptocurrencies in their transactions.

Bitcart provides a secure means for businesses and individuals to seamlessly integrate cryptocurrency payments, thereby bridging the gap between the virtual currency network and the business world. It supports Bitcoin(BTC), Bitcoin Lightning Network, Litecoin(LTC), Bitcoin Cash (BCH), Ethereum (ETH), Binance Coin (BNB), and all ERC20/ BEP20 tokens including stablecoins.

The palpable distinction of Bitcart lies in its customizable platform. Unlike other cryptocurrency payment processors that offer limited services, Bitcart offers an array of features, including a payment processing part for easy integration of cryptocurrency payments into any website. Not only this, but if needed, developers can use Bitcart’s SDK and its daemon protocol to build custom applications of any complexity.

With universal APIs across all coins, Bitcart allows businesses to distribute payments between many addresses, check transactions, initiate or watch payments — essentially anything required making it a unique entrant in the industry. Whether it’s block explorers, wallets, or games, Bitcart makes it all possible, making it a potential game-changer in the digital financial transactions space.

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Looking towards the future, Bitcart isn’t showing any signs of slowing down. As more businesses and individuals warm to the idea of cryptocurrency, the need for platforms like Bitcart will only increase. The growing popularity of cryptocurrencies presents a unique revenue opportunity for businesses, and Bitcart is perfectly positioned to assist businesses in capitalizing on this rapidly expanding market.

The world is getting to grips with the power and potential of cryptocurrencies, with Bitcart leading the way in helping businesses and individuals join the digital financial revolution. It’s safe to say that Bitcart and cryptocurrency payment processing may indeed be the future of financial transactions. You can follow Bitcart on their social media channels and website to stay updated with the latest trends in the cryptocurrency realm: Website | Twitter | LinkedIn.


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