Which currency to work with: a review of BetaTransfer Kassa’s options
The question of supported currencies is one of the most important ones when choosing a payment partner for your business, as the further opportunities of business scaling also depend on this. Which currency is best for accepting payments in one market or the other? What’s the difference between the currency of acceptance and processing? Which currencies are the best for high-risk businesses? Our new article gives the answers to all of these questions.
Currency of acceptance means types of money that clients can use to pay you with, not having to deal with double conversion. For local markets, it is best when the acceptance currency matches the national one, as it is the simplest and most understandable for the clients.
BetaTransfer Kassa allows you to accept payments in dollars, euros, hryvnia, tenge, and rubles. At the same time, there is no limitation on the currency that’s displayed in the receipt for the client – it’s just that with some options, their money will be converted to match the selected currency. All of this allows you to work all around the world with no worries, gradually expanding the borders of your project.
As for processing currencies, they mean the currency of your merchant account. It doesn’t have to be as various, as you probably will use just one or two options for withdrawals. And that’s just what BetaTransfer Kassa offers with the ruble, dollar, and euro as its options for processing currencies.
However, BetaTransfer Kassa has one more opportunity, especially relevant for the high-risk payment service: acceptance of cryptocurrencies. With the help of the BT Wallet crypto acquiring, you can accept payments in Bitcoin and Ethereum with 0% commission, as well as USDT with less than 2% commission. The exchange rate can be fixed in USDT to avoid losses from cryptocurrency volatility.
Cryptocurrency acceptance is a great opportunity for high-risk projects, which gives its clients pleasant anonymity while enabling the business itself to scale into any geo without restrictions.
Still, every option has its own advantages and disadvantages, and the final choice should depend on the features and needs of the certain business. Contact BetaTransfer Kassa, and we’ll provide you with a payment solution that will fit your business perfectly.