How does BeliPay really work?
Payment gateways are companies taking on the perceived risk of cryptocurrency payments by using their wallet(s) to facilitate transactions between merchants and their customers.
Payment Flow
In terms of steps, the following workflow gets executed:
Your customer opts to make payment in cryptocurrency at checkout (in-store, on the web, or in-app).
They pay you an amount equal to the digital currency's fair market value at the time of the transaction.
The cryptocurrency payment service instantly recieves the payment into the currency you choose.
The currency of your choice is added to your account with BeliPay; you can withdraw the tokens/cryptocurrencies whenever you feel like to a wallet of your own choice.
The process is transparent to you because you don't have to worry about cryptocurrencies; only that your cryptocurrency service provider will place the appropriate funds in your account.
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