Transactional friction in cryptocurrency purchases remains as one of the biggest barriers to its widespread adoption. Frequent failures in payment transactions, particularly when using a bank’s credit card to purchase cryptocurrencies, often result in customer dissatisfaction.
Recognizing this persistent challenge, Paybis has announced the launch of its innovative Payment Fallbacks feature that aims to reduce friction. This cutting-edge technology is set to redefine the user experience in the crypto-financial sector.
Paybis is a trusted cryptocurrency exchange, offering a secure and intuitive platform for a global customer base. Processing transactions in over 180 countries, Paybis is renowned for its secure, user-friendly, and diverse transactional environment.
Its mission is to streamline the process of buying and selling digital currencies, ensuring a hassle-free experience for users worldwide.
It offers the following features:
Payment Fallbacks are designed to tackle the issue of transaction rejections, a common challenge in the crypto market. These rejections often occur due to banks’ risk assessments or complications in international transactions.
The feature is designed to automatically switch to an alternative payment method within 10 seconds of a failed credit card payment. This rapid response is crucial in maintaining transaction momentum and reducing user inconvenience.
Users in the United States can benefit from instant ACH transfers for USD transactions. On the other hand, in Germany, Giropay serves as the alternative for transactions in EUR.
Furthermore, efforts are underway to make user profiles more user-friendly and to expand the Payment Fallbacks feature to other countries in Europe, Africa, and South-East Asia in the near future. This expansion by Paybis is a part of it’s ongoing commitment to providing a seamless and efficient service to its global user base.
Payment Fallbacks by Paybis is more than a feature; it’s a strategic move to enhance the cryptocurrency trading experience. It enhances the customer experience in several ways:
By addressing and effectively reducing transactional friction, Paybis is not only improving customer satisfaction but also encouraging wider adoption of digital currency transactions.
Transactional friction in cryptocurrency purchases remains as one of the biggest barriers to its widespread adoption. Frequent failures in payment transactions, particularly when using a bank’s credit card to purchase cryptocurrencies, often result in customer dissatisfaction.
Recognizing this persistent challenge, Paybis has announced the launch of its innovative Payment Fallbacks feature that aims to reduce friction. This cutting-edge technology is set to redefine the user experience in the crypto-financial sector.
Paybis is a trusted cryptocurrency exchange, offering a secure and intuitive platform for a global customer base. Processing transactions in over 180 countries, Paybis is renowned for its secure, user-friendly, and diverse transactional environment.
Its mission is to streamline the process of buying and selling digital currencies, ensuring a hassle-free experience for users worldwide.
It offers the following features:
Payment Fallbacks are designed to tackle the issue of transaction rejections, a common challenge in the crypto market. These rejections often occur due to banks’ risk assessments or complications in international transactions.
The feature is designed to automatically switch to an alternative payment method within 10 seconds of a failed credit card payment. This rapid response is crucial in maintaining transaction momentum and reducing user inconvenience.
Users in the United States can benefit from instant ACH transfers for USD transactions. On the other hand, in Germany, Giropay serves as the alternative for transactions in EUR.
Furthermore, efforts are underway to make user profiles more user-friendly and to expand the Payment Fallbacks feature to other countries in Europe, Africa, and South-East Asia in the near future. This expansion by Paybis is a part of it’s ongoing commitment to providing a seamless and efficient service to its global user base.
Payment Fallbacks by Paybis is more than a feature; it’s a strategic move to enhance the cryptocurrency trading experience. It enhances the customer experience in several ways:
By addressing and effectively reducing transactional friction, Paybis is not only improving customer satisfaction but also encouraging wider adoption of digital currency transactions.