ew SoftNote NeoBridge joins the growing list of business owners accepting crypto for payment as a SoftNote merchant. This new merchant is not your typical venture that offers products in exchange for money. Considering the significance of our new partner, this is a major milestone in our aim of bridging the gap between DeFi and traditional finance.
This article will enlighten community members about this new merchant. It will also explain why this partnership impacts our mission of making Bitcoin more spendable.
The new SoftNote merchant – NeoBridge is a payment solutions provider that enables online businesses to receive payments globally. In addition, it also enables eCommerce owners to make payments to any part of the world. This payment solutions provider uses IBAN, SWIFT, and SEPA when processing international services.
Online business owners struggle with several challenges, including making and receiving payments. This involves when they have to get supplies from manufacturers and get paid for their products or services. Most eCommerce platforms have to limit the target customers they sell to or vendors they buy from.
As mentioned in the article on Cross-Border Payments, the available options do not facilitate transactions between certain regions. To prevent business from stalling, ventures like NeoBridge serve as middlemen and bridge the gap for a fee. The company utilizes existing systems like SWIFT, SEPA, and IBAN to process payments.
For a better understanding, think of NeoBridge as your average crypto merchant operating a P2P business. They buy crypto from individuals, then give people cash in return, and vice versa. Their services are crucial, especially in regions where there are some level of restrictions.
With NeoBridge becoming a SoftNote merchant, this opens endless windows of opportunities. As explained above, NeoBridge is a payment service provider that enables online businesses to process transactions. Following this partnership, users can pay for NeoBridge services using SoftNote Bills.
This means that community members now have another avenue of spending Bitcoin seamlessly. At the moment, the number of businesses accepting cryptocurrencies is limited. Therefore, SoftNote Merchants have to burn, sell, or convert the bills they receive to maintain certain aspects of operations. They cannot restock old wares and make other payments without converting crypto to fiat.
This means merchants are faced with the problems of regular crypto transfers and fiat transactions. These challenges range from slow transactions to expensive transfer fees.
With the onboarding of NeoBridge, SoftNote merchants can now pay for supplies from vendors without having to navigate the obstacles mentioned above. They can simply for SWIFT, IBAN, and SEPA transfers with their SoftNote Bills.
There are several benefits business owners will enjoy now that they have become SoftNote Merchants. These incentives apply to every other business owner who partners or is looking to partner with Tectum.
Some benefits include those outlined below:
As shown above, there are several benefits of being a SoftNote merchant. Tectum is open to working with small, medium, and large-scale businesses to help them scale growth. If you want to accept and use this crypto cash for payment, visit the SoftNote Merchant website. Fill out the details on that form with the correct information about your business. The team will reach out to you if your application is successful or if there is a need to request further details.
