Whitepay offers a crypto payment processing solution for businesses and charities, enabling them to accept cryptocurrency payments online and offline. The platform supports various sectors, including e-commerce, and facilitates crypto donations, converting them into local currency. Whitepay also provides tools for tracking suspicious transactions, ensuring secure financial operations.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses face challenges in adopting cryptocurrency payments due to complexities in integration, security concerns, volatility risks, and regulatory compliance. Traditional payment systems often involve high transaction fees and can be slow, especially for cross-border transactions.
Solution
Whitepay provides a suite of cryptocurrency payment solutions designed to streamline the acceptance and management of digital assets for businesses and charities. The platform supports online and offline crypto payments, crypto acquiring, crypto top-ups, point-of-sale (POS) systems, and crypto donations. Whitepay enables businesses to tap into a global network of over 450 million crypto users, offering fast and secure settlements, support for over 200 cryptocurrencies, and tools to mitigate volatility. The platform also offers features such as mass payouts, balance swaps, conversion and withdrawal options, and detailed reporting systems.
Target Audience
Whitepay targets e-commerce businesses, retailers, gaming and entertainment companies, travel and hospitality services, financial services, technology and software providers, and self-entrepreneurs looking to accept cryptocurrency payments.
Features
- Supports crypto payments, crypto acquiring, crypto top-ups, POS systems, crypto donations, and widgets
- Facilitates mass payouts in crypto and fiat currencies
- Offers conversion and withdrawal options between crypto assets and fiat
- Provides volatility prevention through locked exchange rates and auto-conversion to stablecoins
- Includes a reporting system for transaction overviews, balances, and payouts
- Offers user management with custom permissions
- Provides whitelabel/H2H solutions for creating custom payment forms
- Supports form customization to match business branding
- Integrates with e-commerce platforms via API and plugins
- Complies with GDPR and ISO/IEC 27001 standards
- Verified by Chainalysis for tracking suspicious transactions
- Offers marketing support for project launches