Poof Payments provides a platform for individuals to conduct cash transactions with one another. To send and receive funds, consumers can do so by debit card with this service. Companies should make it possible for customers to purchase cryptocurrencies using their preferred fiat money and other, more conventional payment methods as interest in Web3 initiatives develops. On the other hand, things are different today because financial transactions no longer have to go through a central bank (Defi).
Several platforms are helping to bridge the gap between traditional cash and cryptocurrencies; nevertheless, most of these platforms still need to offer direct wallet-to-wallet transfers.
Poof, Payments are here.
To improve their conversion rates and decrease the number of customers who leave without making a transaction, businesses might make it easier for customers to buy cryptocurrencies using fiat currency.
Poof is necessary at this point. Simple conversions between fiat currencies and cryptocurrencies are made possible using Poof’s web3 payment infrastructure. The platform’s capacity to track, receive, and send payments in cryptocurrency and fiat currencies makes this possible quickly, effectively, and with a strong emphasis on privacy.
So what makes Poof Payments unique compared to other Web3 Payment infrastructure platforms?
As the value of digital assets rises, a growing number of retailers are beginning to welcome them as a form of payment. However, a considerable investment of time and money is required. According to Investopedia, maker costs can be as low as 0.10% and as high as 0.60% across various transaction volumes, while taker fees can be anywhere from 0.20% to 0.40%. For a company that runs nonstop, this is a major setback.
The processing fees for using Poof are a flat 0.5%, and they offer complete chargeback and PCI compliance along with over 50 different payment options. The Poof Storefront helps more people buy and sell online by providing a free web storefront, safeguarding users’ privacy, and accepting 50+ payment options. Email distribution and unlocks, as well as the establishment of shops on services like Discord and Telegram, may all be automated.
Poof offers various supplementary payment methods, such as the quick and simple development of an online storefront, a faster checkout procedure, an extendable payments API, instant payouts, simple contribution processing, and cryptocurrency to fiat currency exchange.
Poof is now the most advantageous option for an online payment processing infrastructure in terms of speed and cost. Not only will you be able to handle several payments simultaneously with the assistance of Poof, but you will also be able to process payments at a rate significantly faster than in the past.
Conclusion
Many people are striving to standardize onboarding procedures in response to the influx of retail and institutional funds into cryptocurrency markets. They speed up the acceptance of cryptocurrencies as a payment channel. This is being done to standardize onboarding procedures. Poof is superior to its competitors because it shortens the time and effort needed to buy and sell cryptocurrencies.
