The partnership between XinFin XDC Network and Cyclebit opens the door for the widespread use of cutting-edge crypto payment technology in online and offline retail. Cyclebit is a tool for retailers to accept digital payments in-store, online, or on the go. From now on, any product can be paid for using XinFin Digital Contract ($XDC) tokens, with the whole transaction taking just a few seconds.
As cryptocurrencies are becoming more popular worldwide, accepting them is becoming a way for businesses to attract more customers and prepare for the future of payments. This is true for both e-commerce websites and brick-and-mortar stores, so Cyclebit offers solutions for all types of businesses. Cyclebit offers an e-commerce payment solution with easy integration into online stores for online retailers. For real-world stores, Cyclebit offers a mobile point-of-sale (POS) terminal for accepting crypto payments for goods and services.
Using crypto payments benefits both the customer and the merchant.
For the customer, the ability to spend XDC tokens at any store, restaurant, or other establishment supporting the technology means excellent flexibility and convenience. The transaction is fast, easy, and user-friendly.
From the merchant’s perspective, the process is straightforward and fully automated, and it helps to attract more customers and saves time and effort. Register here to accept crypto payments for goods and services in your store with Cycle POS. Register here to sell or accept Cycle Cards at your store. Register here to accept crypto payments for goods and services in your e-store with Cycle Online.
A real game-changer, crypto payments bring a new level of automation, flexibility, convenience, and speed to the retail space, offering new valuable opportunities to both buyers and sellers in this dynamic market.
About XDC Network
XDC Network ($XDC) is an enterprise-ready, open-source, hybrid blockchain protocol specializing in tokenization for real-world decentralized finance. It complies fully with the ISO 20022 message standard and its applications in trade finance and other payment sectors. XDC Network supports all EVM-compatible smart contracts, protocols, and atomic cross-chain token transfers. The network is designed to meet the needs of enterprises seeking to enhance their business infrastructure, reduce costs and improve visibility through blockchain technology. With interoperable smart contracts, near zero-fee transactions, and high security, XDC Network is designed to support a wide range of novel blockchain use cases.
website: www.xinfin.org
About CycleBit
Cyclebit is one of the largest POS and payments providers in Eastern Europe and Southeast Asia. Launched in 2012, the company provides in-store and e-commerce solutions to thousands of retailers, transacting over $1,5 billion annually. The senior management of Cyclebit consists of former employees of such companies as PayPal and Citibank.
website: www.cyclebit.io