GoByte Pay is a New Free Crypto Payment Package Service for Merchants
Gobyte Introduces a Crypto Payment Package for Merchants
Gobyte Network is an open source project that is based in Malaysia. The Network recently announced that it would be releasing a free service aimed at making it possible for traders to accept cryptocurrencies as a payment method. This is a service that is expected to be used at millions of shopping and dining outlets across the globe.
The product being released by Gobyte Network is expected to make it easier for e-commerce businesses to send as well as receive commercial payments in the form of cryptocurrencies. GoByte Pay is a product that can easily be integrated into all kinds of e-commerce solutions
It can be used as a gateway for processing and receiving crypto payments from shoppers located in various parts of the world. In addition, it can also be used as an invoice processing tool. The tool will make it easier and faster for e-commerce merchants to send invoices to businesses and individuals.
Integrating this new product from Gobyte Network to an e-commerce site will be free of charge. GoByte will, however, receive a small amount in the form of fees for each transaction that is conducted or verified using its application.
Compared to its competition in this particular market segment, GoByte has gone out of its way to ensure that it is providing a tool that can be used to solve most of the challenges encountered by businesses on a day-to-day basis. Many companies in this industry focus on providing a single option tool, designed to complete a single task.
This is not the case with GoByte, as it has provided a six-in-one tool to help businesses with the challenges that they encounter more often. The service will provide assistance in invoicing and making collections for accounting-related purposes, tracking transaction between business clients, and issuing as well as integrating all its payments.
In addition, all service users will be in a position to adapt its numerous functions to suit their organizational or individual needs. What’s more, this service can also be synchronized with mobile phone devices and other handheld devices. This means that clients can easily use their mobile phones to make direct payments to a website.
The wallet comes with a new addition to it, which makes it easier to create invoices that can then be submitted to clients for payments to be made. Once the clients have made the payments, they can be automatically channeled to a pre-designated wallet. This wallet will enable both parties to track the status of the transaction.
It is a feature that will prove useful for consultants and professionals who have taken to accepting cryptocurrencies as a payment method. Currently, service providers like BitPay, Visa, CoinBase, PayPal, and MasterCard charge as much as three percent for each transaction executed on their platforms.
Clients using GoByte will be able to do away with these charges by operating master nodes. Operating master nodes on the GoByte Network will also help to guarantee the security of the payments being made, and at the same time facilitate transaction confirmations.