The clients’ funds cannot be blocked neither by the PayCryptos administration, nor by a court decision or a national regulator. The user of the PayCryptos software solely possesses the secret keys and cannot physically face their funds blocking, the access to the funds will always be available.
However, PayCryptos is entitled to refuse service to a client for corporate reasons, by giving a notice in advance. In this case, the payment form functionality for accepting cryptocurrency deposits will no longer be available.
PayCryptos, as a software solution, is regulated by the laws of the country where the software is used. While using PayCryptos, first of all, research the cryptocurrency regulations in the jurisdiction in which you operate.
As such, an account, like a bank account, is not opened for a PayCryptos client. You are given software for working with cryptocurrencies. Your personal account allows you to download statements of transactions.
Connecting all cryptocurrencies available in PayCryptos is enough. Our corporate survey reveals that the cryptocurrencies processed via PayCryptos overlap more than 80% of all payment flow.
One account is available on the site PayCryptos.com and is intended for verifying the incoming deposits from the payers;
The other one is a WebWallet module which is available via browser on a work device of the user. This account is used for carrying out debit transactions, such as payments or mass payments. The P2P payments functionality and balance check are available here as well.
The second account is accessible only via the user work computer, since it is where the secret keys are kept.
This system allows us to make security a determining factor in working with cryptocurrency and guarantee the user that their cryptocurrency will always remain under control.
The payment form template is given for each client. Upon connecting PayCryptos to your site, you can always leave a request for customization, as well as make changes on your own.
When configuring PayCryptos, both open-source ready made solutions and wallets developed in PayCryptos are used. A ready-made solution can be provided for blockchains: Bitcoin, Litecoin, Bitcoin cash, and Dogecoin. If desired or for security reasons, they can be downloaded from open sources.
Contact the support service at support@paycryptos.comor your manager to receive the confirmation that you use PayCryptos. You will be provided with a screenshot about using the PayCryptos API.
No one, except for the PayCryptos user, has the access to wallets and secret keys for working with cryptocurrency on their devices. This is the basis of the PayCryptos product concept.
These are the most widespread currencies of all countries. There are more than 127 fiat currencies in total. Contact your manager to clarify the information on the currency you need.
The functionality is not available and never will be. This allows you to pursue an independent policy from financial regulators of all countries of the world.
However, PayCryptos has partners which can help with the cryptocurrency exchange. Contact your manager for more detailed information.
The payment methods list is configured on the PayCryptos side. During the integration, you can indicate to your manager which currencies should be on your site’s payment form.
PayCryptos is a software to work with cryptocurrency in order to, in an automated way, accept and send transfers in cryptocurrencies for your business.
It includes:
Wallets.
Transaction management module for sending cryptocurrency and making payments.
All in all, it is a software package that allows you to keep the cryptocurrency in a way that only the PayCryptos user has the access to it (and to the secret keys). This is why PayCryptos is a non-custodial service.
