A payment gateway is a fundamental element for a company’s financial transactions to be carried out efficiently and securely, especially in digital environments such as e-commerce. With the rise of blockchain technology and cryptocurrencies, Fintechs began to offer payment gateway services with different cryptocurrencies, allowing companies to receive payments in Bitcoin, Ethereum, and Tether USDT, among others. Here are some of the advantages of having a payment gateway for Tether USDT.
Faster transactions
One of the main advantages of having a payment gateway for Tether USDT, is that through this financial tool, transactions are processed in a faster and more effective way, especially compared to other traditional methods, offering a faster payment confirmation and settlement, thus improving the efficiency of all the company’s business operations.
Stability
By having a payment gateway that accepts Tether USDT, you can have the peace of mind of working with a “stable” cryptocurrency because, having a ratio to the US dollar of 1 to 1, the Tether USDT cryptocurrency is designed to have a stable value compared to other more volatile market cryptocurrencies such as Bitcoin or Ethereum. This can help reduce trading exposure to potential volatility in the crypto environment, which offers a positive experience and stability for both the business and users in general.
Lower cost per transaction
Companies that make use of a payment gateway for Tether USDT have the advantage of making transactions and receiving payments with cheaper fees, especially when compared to other alternatives in the market, such as credit cards, debit cards, or other cryptocurrencies. In this way, companies can significantly reduce their operating costs, especially in terms of financial transaction fees.
High level of security
Tether USDT transactions have a high level of security and transparency, as they are based on blockchain technology. For example, Tether USDT operates on several blockchains, including Ethereum (ERC-20) and Tron (TRC-20), among others, benefiting from the security of such platforms. Another point to note is that in Tether USDT, each unit is backed by reserves of FIAT currency equivalent assets or cash equivalents, which provides a solid foundation of value and confidence for users. Although there have been controversies about the verification of these reserves, Tether has improved its transparency on this issue through different periodic audits.
Global access
Companies that use Tether payment gateways have the possibility to expand their market reach internationally, since the Tether stablecoin is accepted in several countries around the world, serving as an effective and versatile payment alternative, which allows for more flexible and convenient international transactions, thus improving the experience of international users or customers.
Do you want to know more about Pilsenga’s payment gateway service for Tether?
If you are interested in Pilsenga’s products or services (including the USDT payment gateway), you can contact us by visiting the following link.
