Paybis Launches White Label On/Off-Ramp to Help Crypto Businesses Onboard More Users
Paybis, a one-stop shop for various crypto needs, announces the launch of its new white label on/off-ramp solution, designed from the ground up to solve all the pain points of different crypto businesses on a global scale. This new offering comes on the heels of Paybis’ successful launch of the crypto on-ramp platform and the cryptocurrency wallet, both of which have together already onboarded millions of users.
Redefining Crypto UX with Frictionless Verification and No-KYC Flow
Cryptocurrency adoption, despite its promising use cases, has been slow due to a lack of solutions that allow people to tap into Web3 with minimal entry barriers. At the same time, many centralized platforms and exchanges have too long of a process before users can begin exploring Web3.
Paybis believes that having users manually upload documents on multiple platforms takes away from the user experience, mainly if the transaction size is small. This discourages users from exploring new ways to transact. This is a burning need in this space for a more cohesive and streamlined solution.
When businesses integrate Paybis onto their tech stack, they automatically get the benefit of no-KYC flow (up to $2,000 worth of crypto purchases) and frictionless verification. That means the millions of verified users who have already purchased from Paybis do not have to go through another verification process.
In the case of new users, the verification documents can be shared with Paybis for a smooth onboarding experience. With the Single Sign On (SSO) feature, users experience the smoothest checkout flow as they no longer have to punch in OTPs or emails multiple times.
The entire process is done while maintaining user data privacy.
On-Ramping Businesses To Success
Paybis’ vast experience in B2B and B2C crypto spheres has been incorporated into this solution, thus allowing businesses to benefit from the reach and expertise of an omnipresent solution with a profound geo coverage across 190 countries and 48 US states while still maintaining their own identity. With this white-label solution, businesses can easily offer their users an on/off-ramp service that fits the look and feel of their interface.
Paybis’ new crypto widget offers more than 40 payment methods, boasting high approval rates for transactions, making it one of the most efficient and user-friendly crypto exchange platforms available. Should a credit card or specific payment method prove unsuitable for cryptocurrency purchases, the checkout process promptly presents an overlay screen with alternative payment methods (APMs) available in the user’s region. Furthermore, the widget automatically recalculates and displays the amount of cryptocurrency the user will receive, ensuring transparency and ease of use.
“We wanted to provide global businesses an effective solution that not only sits on top of their existing tech stack but also reduces time to market by maximizing geographical presence. So, our latest product is a game-changer for startups, enterprises, and Web3 projects looking to fast-track user onboarding through fiat-to-crypto and crypto-to-fiat conversion,” said Innokenty Isers, CEO of Paybis. “With our crypto widget, we went the extra mile to condense all of Paybis’ B2B and B2C learnings into a fully functional and customizable white-label that solution that offers businesses a seamless way to convert customers with minimal clicks while our team takes care of security, uptime, support, and other aspects of the infra. We are excited to see the impact this solution will have on the market.”
A New Paradigm For Onboarding Crypto
Paybis’ white-label and crypto widget solution will help businesses create a more refined experience for their customers. With the additional features, businesses can now onboard users faster and with a reduced barrier to entry.
For starters, the crypto widget offers businesses cost-savings in terms of time and resources while still maintaining high standards of compliance and security. Paybis’ solution looks set to help bridge the gap between traditional financial services and decentralized digital assets.
With its comprehensive suite of features, Paybis’ on/off-ramp solution provides businesses with a streamlined way to onboard users and mobilize their digital assets. With an easy-to-use interface and robust security protocols, the company has created a new paradigm for onboarding in the world of cryptocurrency.
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