Spotcoin crypto to fiat currency platform was developed to serve the Online Merchants Industry. Our merchant solution was created within a mission to eliminate most frequently met issues in e-payments including transaction speed, high commission fee, insufficient support, multi-currency, cross-border transaction infrastructure, simple technical integration automating all payment processes.
Providing personalized solutions, Spotcoin enables online merchants to increase their online payment volumes by utiziling our unique SPOT token. Merchants using Spot Pay will be able to offer their clients a secure, flexible, leading edge payment solution and add monthly sales volume from the rapidly developing digital currency consumer marketplace.
How it works for Merchants:
Step 1: You are selling a service or product in your online store with a price in a currency of your choice
Step 2: The customer selects the Spot Pay solution in your cashier
Step 3: The customer enters his credit card details and clicks Pay
Step 4: The customer`s credit card is charged and Spot Pay assigns the Spot Token to the customer
Step 5: The Spot Token is transferred to your merchant account; the merchant will be shielded from price fluctuations within the token
Step 6: Spotcoin will make a settlement payment to your bank account in fiat
How it works for Customers:
Step 1: You are buying a service or product from an online store
Step 2: You choose payment with the Spot Pay option
Step 3: You enter your credit card details and click pay
Step 4: You will be assigned the equivalent amount for your purchase in Spot Tokens
Step 5: Your Spot Tokens will be transferred to the merchant`s account
Step 6: You enjoy the service or product you just purchased
Everything happens lighting fast so that you can enjoy your shopping experience and do so without the typical risks associated with crypto currencies.