NOWPayments has announced that Tezos (XTZ) is now available as a payment option on its platform. This development allows developers and businesses, particularly in the gaming sector, to accept XTZ payments seamlessly.
NOWPayments is a crypto payment gateway that supports over 300 cryptocurrencies. It provides various tools such as APIs, plugins, invoices, and donation solutions to integrate cryptocurrency payments into websites and services. The platform is non-custodial, meaning that users maintain control over their funds, and it is noted for its competitive fee structure.
NOWPayments stated: “#Tezos devs rejoice! $XTZ is available on NOWPayments, meaning you #gaming projects built on Tezos can accept #XTZ payments as well!”. They went on to add: “Accept Tezos payments and donations in an easy and convenient way. Try this Tezos payment gateway NOW!”
The integration of Tezos into NOWPayments enables users to accept XTZ as a form of payment or donation. Tezos is a decentralized blockchain network known for its Proof of Stake (PoS) consensus mechanism, which enhances security and efficiency. The Tezos blockchain also features a modular architecture, allowing for continuous updates without the need for hard forks.
The process of accepting Tezos payments through NOWPayments is straightforward:
- Sign Up: Create an account on NOWPayments.
- Store Settings: Add a Tezos wallet and generate an API key.
- Integration: Choose a method of integration such as API, plugins, or invoices, and add it to your checkout.
Once integrated, customers can choose to pay with XTZ, and the payment is processed through a generated payment window. After the payment is processed, the funds are directly transferred to the merchant’s personal wallet.
Tezos offers several advantages as a payment method, including reliability, security, and fast international transactions. The Michelson programming language used in Tezos smart contracts ensures the robustness and safety of transactions. Furthermore, the PoS consensus mechanism not only secures the network but also makes it environmentally friendly.
For businesses looking to accept Tezos, NOWPayments provides a range of tools:
- Payments: Through APIs, payment plugins, and invoices.
- Payouts: Via a mass payments API.
- Donations: Using a donation button, widget, or link.
- Custom Solutions: Tailored options for specific industries like online casinos.
To start accepting Tezos, merchants can sign up on NOWPayments, configure their settings, and integrate the chosen tools into their checkout processes. This service is designed to be accessible and convenient, making it easier for businesses to embrace cryptocurrency transactions.
For more information and to start accepting Tezos, visit NOWPayments.
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