IN4X Unveils Cryptocurrency Payment Solution in Middle East
Blockchain technology firm IN4X Global has launched a new cryptocurrency payment option for the Middle East market. Businesses will be able to accept bitcoins as a method of payment thanks to a new payment network. E-commerce websites including WooCommerce, Shopify, and Magento may use these platforms to monitor their transactions in real time. Businesses can also use these platforms to manage POS transactions.
In order to make the multi-asset iOWN crypto wallet user-friendly, the solution has been developed. Businesses may also accept the iOWN token, USDT, USDC, and other cryptocurrencies using the iOWN wallet. A crypto payment gateway called IN4X Global will be used to process the transactions.
With the crypto payment gateway, transactions can be completed in a matter of seconds at any bank in the globe, and orders and payments can be tracked in real time. Additionally, companies may get competitive rates on rapid cash to crypto conversions, and there are no additional fees, according to the website.
“Offering this novel cryptocurrency payments system is in accordance with our goal of providing firms and their consumers with the technology they require to facilitate payments and assist them achieve their financial objectives,” Ala Albatayneh, IN4X’s general manager, said in a statement.
“Cryptocurrency, in our opinion, is the wave of the future. For us, this is a chance to advance the UAE’s blockchain agenda and aid in the development of our country’s future economic system.”
As a result, the firm has shown its ability and commitment to promoting crypto usage in the Arab area. “Using this platform, you may make payments quickly, securely, and easily. To help enterprises and people absorb and accept blockchain technology, it has been adapted to our vision. The diversity, acceptability, adaptability, and familiarity with which Bitcoin is being used are all increasing. Because of this, IN4X Global is delighted to be an advocate for the use of cryptocurrency as a payment method.” he added.
The firm is known as IN4X UAE in the United Arab Emirates, and it serves as an intermediary for the purchase and sale of bitcoin.