The fee business often performs it protected. Somewhat than leaping on developments, PSP corporations place a powerful give attention to compliance and safety. That stated, there are incentives for and indicators of a rising openness to cryptocurrencies.
· The worldwide consumer base for cryptocurrencies has reached 617 million as of June 2024.
· Cryptocurrency funds are projected to develop at a compound annual progress charge of practically 17% between 2023 and 2030.
· Main PSPs like Stripe, PayPal, and Braintree have already built-in crypto fee choices.
Our buyer, Akurateco, a fee options supplier, acknowledged the potential of crypto funds within the PSP sector and began on the lookout for a dependable companion to make it occur.
Consumer
Akurateco empowers fee suppliers, retailers, and monetary establishments with fee infrastructure, software program, and managed groups. The corporate at the moment operates on each continent besides Australia, with a bigger share of its prospects positioned within the UK and EU.
Since its launch in 2019, Akurateco has helped quite a few companies launch an easy fee course of, bypassing the technical hurdles and expense of constructing their very own system, by way of its white-label, turnkey fee platform.
Targets
Akurateco, attuned to the wants of their prospects, recognised a rising demand for cryptocurrency fee choices. And not using a second thought, the corporate got down to discover a companion who may combine a safe and compliant crypto fee gateway into their platform.
Goal #1. Improve buyer expertise
Akurateco needed to supply a wider vary of fee choices to fulfill their prospects’ wants and enhance their general expertise.
Goal #2. Acquire a strategic edge
Akurateco noticed the potential of crypto funds to optimise prices, enhance effectivity, and develop market attain.
Goal #3. Future-proof their enterprise
With the rising recognition of cryptocurrencies and growing institutional adoption, Akurateco acknowledged the necessity to adapt and keep forward of the curve. Partnering with a crypto fee gateway was seen as a strategy to future-proof their enterprise and put together for the brand new period of digital finance.
We’ve designed our onboarding and integration course of to be as easy and simple as doable. Our devoted account managers guided the shopper each step of the way in which.
1. We ready a personalised provide to suit Akurateco’s enterprise mannequin.
2. We ensured full authorized compliance and safety for Akurateco’s crypto fee integration.
3. We built-in the crypto gateway into Akurateco’s fee platform by way of API with minimal disruption to their operations.
“The mixing wasn’t accomplished in a click on, which is regular for tasks like this. It was a course of that required effort and time. However wanting again after two years, I’m pleased to say all the things has been easy. The gateway works properly, and each we and our prospects are very happy with the outcomes.”
—Volodymyr Kuiantsev, Co-Founder and CEO
· 10% of Akurateco’s income is now generated by way of crypto funds.
“We have been partnering with CoinsPaid for 2 years now, and each we and our prospects are pleased with the crypto fee expertise. I am fairly optimistic about the way forward for crypto funds. Presently, round 10% of our prospects favor to pay in crypto, however I consider that quantity will solely develop over time.”
— Volodymyr Kuiantsev, Co-Founder and CEO
