As e-commerce continues to advance, businesses are increasingly partnering with crypto payment providers to streamline global and business payments, cutting down on excessive fees, delays, and the complications introduced by multiple intermediaries.
With capabilities like multi-currency transactions, direct crypto-to-fiat or fiat to crypto payments, real-time tracking, and broader access in underbanked regions, crypto banking-as-a-service providers offer powerful solutions to real challenges, all while reducing operational costs and complexity.
How Crypto Payment Companies Simplify E-Commerce
Typically, businesses rely on numerous financial institutions, payment processors, and gateways—each with unique regulations and limitations—creating a complex network of payment systems. This complexity drives up costs through transaction fees, currency conversions, and other administrative charges, which can add up, especially for small to medium-sized businesses. Managing multiple partnerships also complicates payment reconciliation, as each gateway often has different settlement times.
With banking-as-a-service providers, businesses can accept crypto payments through simple API integrations, eliminating the need for multiple partnerships, reducing costs, and simplifying payment reconciliation and processing.
Infrastructure is another persistent challenge. Building it from scratch can be expensive and time-consuming, making international payments and business transactions inefficient for many small to medium-sized businesses. The setup often requires dedicated compliance and development teams, meaning a significant portion of capital goes into infrastructure and legal compliance before the business can even begin focusing on growth.
The established partnerships with issuing banks and major card networks allow businesses to launch in as little as six weeks. As a VASP-licensed provider based in the EU, crypto banking partners also handles KYC and AML requirements, making client onboarding smooth and secure. This approach allows companies to focus on expanding their offerings while Striga manages the technical and regulatory aspects.
Connecting E-Commerce with Global Payments Through Crypto
For e-commerce businesses, crypto payment gateways bridge the gap in global payments by offering simplified, streamlined transactions via API integrations.
With the white-label banking solution, businesses can create a branded crypto exchange platform without the hassle of complex licensing or multiple partnerships. By enabling cross-border payments through multi-currency crypto exchange wallets, businesses empower customers to pay using their preferred cryptocurrency, making it easier to conduct international business.
Crypto payment providers offer a unified platform that simplifies and enhances e-commerce, helping businesses go live quickly and access a wider market through efficient, cost-effective payment options.
