Crypto payment uses cryptocurrency to buy goods or services. It's processed on decentralized blockchain networks, which makes it secure, fast, and anonymous.
1 - Sign up on the Yomi platform and import your wallets into Wallet Hub or use Yomi Non-custodial crypto wallet.
2 - Create crypto checkout and add it to your site, mobile app, or in-store via API.
3 - Convert cryptocurrency to fiat currency with our payment gateway.
4 - Download the transaction history for taxation. Yomi payment processor provides real-time tracking and reporting of transactions.
You'll need a cryptocurrency wallet that accepts cryptocurrency payments to pay with cryptocurrency. After adding the cryptocurrency to your wallet:
- Scan the merchant's QR code and enter the payment details, including the amount and the cryptocurrency you want to pay with.
- Confirm the transaction and wait for it to be processed, which usually takes only a few minutes.
- Check the transaction status in your wallet app or the blockchain explorer to ensure the payment was successful.
Cryptocurrency can be spent at online retailers, travel and hospitality providers, food and beverage establishments, charities and non-profits, entertainment providers, physical stores, and for peer-to-peer transactions.
Here are the steps to withdraw funds collected in cryptocurrency:
- Transfer the funds to your digital wallet.
- Choose a cryptocurrency exchange.
- Sell the cryptocurrency in exchange for fiat currency or another cryptocurrency.
- Withdraw the funds to your bank account or digital wallet.
Our platform supports Bitcoin, Ethereum, BNB, Tron — 19 cryptocurrencies and 7 blockchains. Yomi.finance is continuously expanding its support to incorporate more blockchains and tokens.
Many companies generally allow payments with Bitcoin, including Microsoft, Overstock, Shopify, Expedia, Tesla, PayPal, and AT&T. As the adoption of cryptocurrency payments continues to grow, more and more companies are likely to start accepting Bitcoin and other cryptocurrencies as a form of payment.