Today’s crypto market cap is estimated at an avg. $150-200, with over 1, 000 coins and tokens in existence. However, most of this value is excluded from the retail cycle. The biggest barrier to mass adoption of cryptocurrencies is the lack of an accessible payment infrastructure.
Making your coin or token available for real-life payments in hundreds of local and international merchants and services will help to promote your digital asset and grow user community.
Backup by real goods and services can stabilize your asset’s value, making it less dependent from price swings of major cryptocurrencies.
A larger number of users, both private persons and businesses, means growing demand for your digital currency and making it more attractive for traders and investors.
Cyclebit works on bringing crypto to retail, giving people a simple way to purchase and spend it in everyday life, using accessible payment infrastructure. Cyclebit provides both customers and merchants with robust solutions for everyday payments, buying and selling digital currency.
Cyclebit creates an ecosystem of crypto payment cards, wallets, POS terminals, mobile apps, processing, and management software. They link customers, merchants, exchanges and coin issuers.
Cyclebit has launched its service with Nostrum, a Spanish fast-food chain. It operates more than a hundred café & restaurants throughout the Iberian Peninsula. They are now accepting cryptocurrency as payment.
Nostrum is not the only chain to accept crypto, using Cyclebit services. Merchants in several stores in countries across Europe and South Korea are now accepting cryptocurrency payments.
To start receiving payments in cryptocurrencies merchants can purchase Cycle POS terminal or integrate an existing POS system with Cyclebit API.
To connect you to the Cyclebit
payment ecosystem* we’ll need:
Your full node client
Some reserve coin funds
Reference on documentation for your API
The initial cost is 50 000 USD, 50% payment is required in advance.
The solution works in any country, with acquiring in Europe and cryptocurrency payments available in selected jurisdictions.