Paybis & RedotPay: Bridging the Gap Between Crypto and Traditional Payments
Crypto payments are no longer a niche concept, they’re a necessity in today’s global business field. Whether it’s reaching new clients, expanding services, or making payments more convenient, an increasing number of businesses are incorporating crypto solutions to enhance their operations.
The collaboration between leading crypto card and payment company RedotPay and Paybis is a great example of this. This partnership has allowed RedotPay to significantly increase financial inclusion by simplifying crypto transactions and making them more accessible to worldwide users.
Table of contents
About RedotPay
RedotPay is a cutting-edge payment solution that allows users to seamlessly spend their crypto assets like traditional fiat currencies. Their platform includes options for both credit and debit cards, allowing users to convert and make payments hassle-free.
With customers from 159 countries worldwide, RedotPay is compatible with major payment services like Apple Pay, Google Pay, Alipay, and PayPal. RedotPay’s key goal is to bridge the gap between crypto and fiat, making it easier for people of different backgrounds and locations to use its services.
By uniting innovative blockchain technology with digital asset handling and advanced compliance assurance, RedotPay is on a path to promote equal economic and financial opportunities for everyone with the help of cryptocurrencies.
Why RedotPay Chose Paybis as Its Crypto Onramp Partner
As of 2021, over 1.4 billion people worldwide lack access to banking services, so global companies are starting to take action to provide services to everyone. One of the most popular ways to do this is by integrating crypto payment options into their platforms.
But here lies the challenge: How do we choose a reliable and efficient partner who will not only have the expertise and knowledge but also be able to oversee a problem-free crypto integration?
RedotPay needed a reliable onramp partner that could provide fast, secure, and cost-effective fiat-to-crypto conversions. Paybis is a trusted and globally recognized platform that provides extensive crypto exchange and management services and a whole suite of crypto adoption products for companies.
With efficient, user-friendly, and standardized processes, Paybis stood out as a great candidate to boost RedotPay’s operations. Through this collaboration, RedotPay’s users can easily convert fiat currencies into crypto, ensuring a smooth entry point into the world of digital assets.
Paybis’s reputation for reliability and its global reach makes it a valuable partner in supporting the shared vision of enhancing financial inclusion and bridging the gap between crypto and fiat.
Paybis’ On/Off Ramp Solution
The Paybis On/Off-Ramp is a fully white-labeled solution that streamlines cryptocurrency purchases and sales, enhances user experience, boosts conversions and empowers crypto businesses to build superior products.
Our On/Off-Ramp is built to integrate seamlessly with different websites and mobile apps, providing a unique and easy-to-implement solution to easily convert fiat-to-crypto and crypto-to-fiat. This solution provides access to a partner portal where users can conveniently view real-time analytics, transaction details, fee management, and strategic tools to optimize performance.
As a result, Paybis boosts approval rates by 15% over competitors with an advanced payment orchestration layer that redirects failed transactions to alternative providers in seconds. This leads to higher success rates and inevitably, customer retention.
Overcoming Past Challenges
Before partnering with Paybis, RedotPay required users to load cryptocurrency onto their cards before they could begin spending. This meant obtaining crypto from external sources like exchanges or third-party platforms and depositing their digital assets into their RedotPay accounts to use the card.
This workflow created several limitations and challenges, particularly for new users who may not be familiar with the crypto ecosystem. Moreover, the complexity of the process introduced potential delays, which could lead to higher fees or less favorable exchange rates, ultimately detracting from the overall user experience.
RedotPay wanted to make this process more efficient and streamlined, eliminating the additional steps their users had to make to convert their fiat currencies into cryptocurrencies.
By partnering with Paybis, RedotPay has now removed these barriers, allowing users to directly purchase crypto within the platform, making the process more efficient, user-friendly, and seamless.
Why Paybis Stands Out
To look into the decision to choose Paybis as RedotPay’s partner, the payment provider looked for specific features and Paybis ticked their boxes:
- User experience: Whether users are beginners or experienced crypto enthusiasts, Paybis’s user-friendly interface makes it easy for everyone to get started with converting fiat to crypto, aligning with RedotPay’s mission of providing an accessible and streamlined experience for all users.
- Transaction speed: Paybis provides instant payouts when users use their debit or credit cards, allowing RedotPay users to access their crypto assets quickly and start using RedotPay cards without delays.
- Security: RedotPay prioritizes safety and, with Paybis’s secure platform that emphasizes users’ funds and personal information, ensures that users’ transactions are processed with the highest level of protection.
- Customer support: Paybis’ dedicated team is available 24/7 to assist users with any issues or questions they might have, ensuring that RedotPay’s users always have the help they need, whenever they need it.
- Low service fees: This competitive pricing ensures that RedotPay’s users can maximize their crypto assets, contributing to an enhanced experience with RedotPay’s card services.
- Global access: Paybis is available in over 180 countries, allowing RedotPay to offer a truly global service. Users can easily purchase crypto and use their RedotPay cards, expanding our reach and supporting financial inclusion on a global scale.
How the Paybis Integration Enhances RedotPay’s User Experience
RedotPay reports to have significantly enhanced its user experience by providing a seamless, efficient, and user-friendly fiat-to-crypto onramp solution. To talk more specifically, here’s a brief rundown of the key Paybis features that helped boost user experience:
- Seamless crypto purchases: Thanks to Paybis’s solution, RedotPay’s users can now buy crypto directly through the RedotPay platform, eliminating the need to rely on third-party exchanges.
- Instant payouts: Paybis enables instant payouts when users use their debit or credit cards, ensuring that crypto is readily available for spending without unnecessary delays, boosting the overall user experience, particularly for those who want to access their funds quickly.
- Low service fees: Paybis offers competitive, low service fees on crypto transactions, allowing RedotPay’s users to get more value for their money.
- Simplified onboarding: New users can easily understand and navigate the process of buying crypto and loading it onto their RedotPay cards, making it more approachable for those who are new to the crypto world.
In short, the Paybis integration has improved the RedotPay user experience by making the process of purchasing and using crypto smoother, faster, and more secure, allowing RedotPay’s users to manage their digital assets more effectively.
Why Should Businesses Consider Paybis?
Paybis has played a crucial role in supporting RedotPay’s business goals. The enhanced user experience has driven higher card activations and increased transaction volumes, directly contributing to RedotPay’s expansion.
Moreover, Paybis’s global reach has enabled RedotPay to expand its services to more users, furthering financial inclusion efforts worldwide. Here’s a quote from RedotPay which summarizes our partnership:
“Paybis is a pivotal partner for RedotPay, offering a quick and efficient way for our users to convert fiat into crypto. Their low fees, fast transactions, and exceptional customer support have provided RedotPay customers with an unparalleled experience, driving both user satisfaction and growth. Partnering with Paybis has truly elevated our ability to deliver on our mission of bridging the gap between crypto and fiat.”
— Jackee WONG, Global Marketing Director of RedotPay
Enhancing Crypto Operations with Paybis
The partnership between Paybis and RedotPay marks a significant step in making cryptocurrency more accessible and practical for everyday transactions. By working together, we created a streamlined and effectively simplified process for users around the world to utilize RedotPay’s services conveniently and safely.
Are you looking to boost your business operations by integrating cryptocurrencies? Reach out to our sales team to schedule a quick call to discuss how we can benefit your business!
FAQ
What fiat payment options are available with Paybis' On Ramp?
Paybis offers a wide variety of payment options, including Debit and Credit Cards (Apple Pay, Google Pay), SEPA bank transfers, instant ACH bank transfers, and alternative payment methods.
What crypto payout methods are available with Paybis' Off Ramp?
With Paybis Off Ramp you can expect to have VISA and Mastercard Pay-to-Card options, SEPA bank transfers, and alternative payment methods as well.
How is the integration process with Paybis' On/Off Ramp?
Our On/Off Ramp product was built to be easy to integrate. This means that we also offer several backend and frontend integration options.
Disclaimer: Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at: https://go.payb.is/FCA-Info
