Whitepay Introduces Crypto Payments To Ukraines Tech Stores
Whitepay is a start-up that aims to make cryptocurrency payments accessible to the general public. Their service will allow Ukrainian customers to pay for products in stores by using digital coins. This gives an opportunity to purchase electronics and other products with digital coins, which will be delivered at home.
The store will also accept payments in Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. The service is currently available in Kiev and Odessa. Check information Whitepay Introduces Crypto Payments To Ukraines Tech Stores.
What is Whitepay?
Whitepay is a new crypto payments processor that enables Ukrainian tech stores to accept payments in Bitcoin, Ethereum, Litecoin, and other popular cryptocurrencies. With Whitepay, customers can pay for their purchases using the cryptocurrency of their choice, and merchants can receive settlements in either fiat currency or cryptocurrency. Whitepay is designed to make it easy for businesses to start accepting cryptocurrency payments, with no setup fees or monthly charges.
Why is it Important for Ukraine?
Ukraine is a country that has been through a lot in recent years. First, there was the Maidan Revolution in 2014, which overthrew the pro-Russian government and led to fighting in the east of the country. This conflict is ongoing, with over 10,000 people having been killed so far.
Second, Ukraine has been struggling economically. The country’s GDP per capita is only $3,827, which is lower than that of many other European countries. Moreover, inflation has been a problem in Ukraine, with prices rising by 16% in 2015.
Against this backdrop, it is clear that Ukraine needs all the help it can get. That’s why Whitepay’s decision to introduce crypto payments to Ukrainian tech stores is so important.
Cryptocurrencies have the potential to transform Ukraine’s economy. For one thing, they could help to stabilize prices and reduce inflation. Cryptocurrencies are also much more efficient than traditional payment methods like bank transfers or credit card payments. This could lead to lower costs for businesses and consumers alike.
In addition, cryptocurrencies could help to boost foreign investment in Ukraine. At present, many investors are put off by the country’s political and economic instability. However, if they knew that their investments would be safe from inflation and could be quickly converted into other currencies if needed, they might be more willing to put their money into Ukrainian businesses.
Ultimately, Whitepay’s move will benefit both Ukrainians and crypto investors
How does it work and what are the advantages?
When you buy something from a Ukrainian tech store with Whitepay, the store will receive the payment in hryvnia (UAH). However, Whitepay uses cryptocurrency to process the payment, so you’ll actually be paying in Bitcoin (BTC) or Ethereum (ETH).
The advantage of this is that Whitepay can convert your payment into hryvnia instantly, at the current exchange rate. This means that you don’t have to worry about fluctuating prices or having to convert your own currency.
Another advantage is that Whitepay doesn’t charge any fees for using their service. So if you’re looking to make a purchase from a Ukrainian tech store, Whitepay is a great option!
How to use Whitepay
In order to use Whitepay, first download the Whitepay app from either the App Store or Google Play. You will need to provide your name, email address, and phone number.
Once your account is created, you will be able to add a payment method. Currently, Whitepay supports Visa, Mastercard, and Maestro cards. To add a card, simply enter the card number, expiration date, and security code. Once your card is added, you can start using Whitepay to make purchases at any of the supported retailers.
When making a purchase, simply select Whitepay as your payment method and enter the amount you would like to pay. You will then be prompted to confirm the payment with your fingerprint or PIN code. Once the payment is confirmed, you will receive a confirmation message and the transaction will be complete!
The adoption of cryptocurrency is on the rise, and Whitepay’s introduction of crypto payments to Ukraine’s tech stores is a big step forward. With Whitepay, users can now pay for their purchases with Bitcoin, Ethereum, Litecoin, and other major cryptocurrencies. This is a huge benefit for both consumers and businesses alike, as it opens up a whole new world of possibilities for both parties. We’re excited to see what the future holds for Whitepay and cryptocurrency in general.
We believe that the adoption of cryptocurrency is inevitable, and Whitepay’s introduction of crypto payments to Ukraine’s tech stores is a big step in the right direction. With Whitepay, users can now pay for their purchases with Bitcoin, Ethereum, Litecoin, and other major cryptocurrencies. This is a huge benefit for both consumers and businesses alike, as it opens up a whole new world of possibilities for both parties. We’re excited to see what the future holds for Whitepay and cryptocurrency in general.