CPay offers a payment processing platform that enables businesses to accept cryptocurrency payments while receiving funds directly in fiat currencies like USD, EUR, and GBP. By providing the fastest transaction settlement in 30 seconds and significantly lower fees compared to traditional credit card processing, CPay simplifies crypto transactions for businesses without requiring them to handle digital currencies directly.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses are hesitant to accept cryptocurrency due to its volatility and the complexities of managing digital assets, while traditional payment methods often involve high transaction fees and slow processing times. This creates a barrier for businesses looking to tap into the growing cryptocurrency market and offer customers more payment options.
Solution
CPay is a payment processing platform that allows businesses to accept cryptocurrency payments and receive the funds directly in fiat currencies, such as USD, EUR, and GBP, eliminating the need to handle crypto directly. The platform offers transaction settlements in approximately 30 seconds, significantly faster than traditional methods. By supporting a range of cryptocurrencies and stablecoins, CPay enables businesses to access the crypto market without the associated risks and complexities, while also reducing transaction processing fees.
Target Audience
CPay primarily targets businesses of all sizes that want to accept cryptocurrency payments without the complexity of managing digital assets or the volatility associated with holding crypto.
Features
- Converts cryptocurrency payments into fiat currency (USD, EUR, GBP, etc.) and deposits them directly into the business's bank account.
- Supports 15 of the most used cryptocurrencies and 4 stablecoins.
- Facilitates transaction settlements in approximately 30 seconds.
- Offers fees that are significantly lower (up to 80% savings) than traditional credit card processing fees.
- Provides integration options for websites, mobile apps, and email invoicing.
- Connects to 5 top exchanges per customer market.
- Compatible with 15 of the most popular crypto wallets.