Years ago, the concept of cryptocurrencies was so specific that it was only known by technology enthusiasts and early investors. Governments did not take the emerging industry seriously, nor did the world of traditional finance. Banks generally blocked transactions involving cryptocurrencies, so expecting the two worlds to co-exist peacefully seemed unimaginable.
Over the years, as cryptocurrencies like bitcoin and Ethereum became more popular, these barriers weakened. Today, swappinga pioneer in cryptocurrency to fiat payments is ready to knock down the remaining barriers once and for all and bridging the gap between the cryptocurrency community and the traditional banking system.
Swapin: a bridge between cryptocurrencies and traditional finance
Swapin is a friendly platform full of innovative B2C solutions (business-to-consumer) and B2B (business to business). Each provides a different way to integrate crypto to fiat payments into everyday things like paying bills, paying for products and services, or even sending money to family and friends.
The full suite of Swapin solutions includes Instafill and Instapay for the consumer, as well as E-Com and CoinCollector, designed for merchants and various business segments. The company is also hard at work planning another product called Instabuy and you are working hard to get your e-money institution license and present a virtual IBAN implementation.
These licenses will allow Swapin to add more services that replace traditional banks forever. The promise offered by the company and its products have attracted several world-renowned companies to reach a new audience of enthusiastic cryptocurrency users. Partners include E-Jewels, RE/MAXAufort Gold and others specializing in real estate, jewelry and luxury goods.
Swapin benefits for consumer and business
When it comes to consumers, users can take advantage of Swapin’s Instafill to set up recurring payments for invoices utilities, memberships, subscriptions or any other type of monthly payment. Instapay is another similar solution ideal for unique needs, like paying for a purchase or sending money to a friend’s bank account.
With ease, businesses and merchants can integrate Swapin’s solutions into their business operations and sales initiatives. CoinCollector allows businesses to accept cryptocurrency payments and receive fiat money in their bank account through invoices, which automatically fill in all the information related to the transaction.
E-Com provides even more flexibility to businesses by allowing them to integrate a Swapin widget within their online storefronts. When a customer pays, a Swapin-connected bank account will instantly receive Euros and, in the future, British Pounds. swapping too eliminates the risk associated with cryptocurrency market volatility and, at the same time, alleviates the regulatory or accounting concerns of digital assets.
The story behind Swapin
Only a company that truly understands the challenges its customers face has the opportunity to reinvent itself. Swapin faced the same challenges that he seeks to solve today. Swapin’s co-founder and CEO, Ewald Hannes-Kree, got his start in cryptocurrency during the early days of the industry, when no one worked with digital asset-related companies.
Rather than give up, the Kree sought to create what eventually became Swapin, with the goal of bridging the gap between the world of digital finance and the traditional banking system. Today, Swapin has just completed a successful funding round of €1.68 million. It attracted talented icons from the investment, crypto, IT, and banking industry to build a new team and launch an ambitious roadmap.
With all this in mind, it’s time to see what Swapin solutions can do for you. Whether you’re a consumer looking to pay with crypto or a business looking to accept it, Swapin breaks the barrier with crypto to fiat payments. Learn more about Swapin on the official Web site.
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