As an online business, it’s vital to accept a broad range of payment. Fiat payment options are clearly important, plus it’s also preferable to accept payments via methods like e-wallets and digital vouchers.
But there’s one payment type many companies have been slot to offer: cryptocurrency. This is partly due to unfounded suspicions of crypto, but also partly due to not understanding how to integrate crypto currency with their business.
But not accepting crypto has now become untenable, as there are now estimated to be around 425 million crypto users in the world. Failing to cater for them is a huge mistake that could cost businesses thousands in lost revenue.
A platform such as KUNA Pay allows crypto to be integrated with your business seamlessly. One of the most useful features is the invoice management tool. But what is it, and how does it work? We’ll explain all below.
Invoicing clients in crypto is not something offered by most mainstream competitors of KUNA Pay. But when you use KUNA Pay, sending crypto invoices couldn’t be simpler. Just follow the steps below:
As you can see, it’s exceptionally simple to accept crypto payments using KUNA Pay. In fact, it’s just as simple as accepting payments using any other payment method.
There are now many people out there, especially younger consumers, who prefer making payment using crypto. This is the case for customers buying from both B2C and B2B businesses. This means having the facility to send crypto invoices and accept crypto payments is vital.
Using a crypto acquiring platform that allows you to invoice in crypto is also vital for your accounting. Many businesses find it difficult to integrate crypto payments into their existing accounting system, which are based on fiat currencies. But invoicing in crypto allows you to have all required documentation for accounting purposes. So, no more messily trying to insert crypto payments into your accounting.
Crypto invoices from KUNA Pay also allow you to easily keep track of crypto payment requests. You can view whether invoices have been paid and chase up clients should payment not be paid within the specified timeframe. Once again, it just makes the process of accepting crypto that much simpler.
Many have doubts about accepting crypto, but KUNA Pay mitigates against them. Security is exceptional, as the platform is regularly tested by penetration testers, plus AML prevents you from being paid in “dirty” cryptocurrencies. What’s more, KUNA Pay has built-in tools to protect against volatility – a major concern among those considering starting to accept crypto payments.
As you can see, every business should accept crypto payments. Using a payment processor like KUNA Pay isn’t mandatory, but it will help the process of sending crypto invoices and receiving payments far simpler. Why not contact us today and find out more?