EukaPay provides a payment application that enables businesses to accept cryptocurrency and receive instant conversion to dollars or stablecoins, facilitating transactions without price volatility or chargebacks. The platform supports over 100 crypto wallets and offers features like invoicing and customizable checkout solutions, allowing for real-time tracking and efficient cross-border payments.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses are hesitant to accept cryptocurrency due to its price volatility and the complexities associated with managing crypto assets. Traditional payment systems also lack seamless integration with the growing crypto economy, limiting access to a large customer base.
Solution
EukaPay offers a payment application that allows businesses to accept cryptocurrency payments and receive instant conversion to fiat currency or stablecoins, eliminating price volatility. The platform supports over 100 crypto wallets and provides tools such as invoicing, customizable checkout solutions, and real-time transaction tracking. EukaPay facilitates access to a broader customer base within the crypto economy by enabling businesses to transact without directly handling crypto assets. Funds are settled to the business's bank account in their currency of choice within one business day.
Target Audience
EukaPay primarily targets businesses of all sizes looking to tap into the cryptocurrency market without the risks associated with holding crypto assets, including e-commerce businesses, SMEs, and enterprises seeking to expand their payment options.
Features
- Instant conversion of cryptocurrency to fiat or stablecoins, mitigating price volatility.
- Support for over 100 cryptocurrency wallets.
- Invoicing feature enabling businesses to send payment requests in 135+ currencies.
- Customizable checkout solutions for online stores, donations, events, and investments.
- Online payment API for integrating crypto payments into existing e-commerce platforms.
- Terminal application for requesting payments via web or mobile app, suitable for SMEs and POS systems.
- Support for payouts in 130+ currencies across 50+ countries.
- Built-in accounting and reporting features compatible with Quickbooks and Xero.