Payment with EGLD and Binance Pay in SmartCash POS
As of December, users of the SmartCash POS program from Magister can accept, upon payment in their stores, over 35 of the most widespread cryptocurrencies.
These include, of course, Elrond eGold (EGLD), the Romanian cryptocurrency, along with the classic Bitcoin (BTC) and Ethereum (ETH).
The expansion of the number of cryptocurrencies accepted for payment is due to the integration by the GoCrypto payment processor of the payment services through the Binance Pay wallet from binance.com .
Binance is the largest cryptocurrency exchange in the world, with most major cryptocurrencies listed here. In addition, Binance provides Crypto-FIAT conversion services. Most operators in the market, thus being a must have for any cryptocurrency holder.
By adding Binance Pay to the list of supported crypto wallets, merchants using Magister software platforms now have access to a much larger number of cryptocurrency holders.
At the same time, holders of cryptocurrencies can use a large number of tokens for current payments at the cash register. This is possible without making transfers between cryptocurrencies and BTC or ETH, as has been the case so far.
Last but not least, access to payment with EGLD makes payments with small commissions possible. All this is guaranteed by the extraordinary blockchain technology of Elrond .
Here is a list of accepted cryptocurrencies, for payment in Magister solutions, through the Binance wallet: EGLD, BTC, ETH, BNB, BUSD, USDC, USDT, ADA, ATOM, BCH, DASH, DOGE, DOT, EOS, ETC, FIL , HBAR, LINK, LTC, MATIC, NEO, PAX, QTUM, TRX, TUSD, UNI, VET, WRX, XLM, XMR, XRP, XTZ, ZEC, FRONT, STRAX, ONE and SXP.
In the following tutorial you can see how a payment transaction takes place at the SmartCash POS cash register, using the Binance wallet.
For free activation of the cryptocurrency payment acceptance service in SmartCash RMS stores click here .