A unique solution to close the gap between merchants & crypto consumers
Customers make a purchase directly from their digital wallet
VersPay instantly converts the crypto amount into FIAT the moment a purchase is made
Accumulated funds are settled into your bank account at the end of each day
Make crypto payments easy for you & your customers
Most solutions on the market are limited. Some only allow you to receive certain cryptocurrencies, leaving you stuck with a cryptocurrency that is susceptible to value fluctuation. Others only work with certain wallets. With VersPay, crypto consumers can pay with any wallet and with any crypto. You then receive the amount paid in: dollars, euros, pounds or any other fiat currency. How do we do it?
Well, we believe that in the near future cryptocurrency and fiat currency need to coexist. Therefore instant price determination is key. VersPay’s solution is powered by its own exchange that trades cryptocurrency for fiat every second which enables us to offer consumers and merchants the best rate for a crypto to fiat transaction. This way, both parties get what they want and the risk of value fluctuation is removed.
Better, safer & faster than credit card payments
Cryptopayments offer a new way to process transactions with great benefits to merchants. Transaction fees are lower, sales are final meaning no chargebacks and with VersPay you get access to funds directly from your bank account every night. VersPay is able to offer a fixed discount rate that’s lower than traditional payment options with no hidden transactional fees.
Daily access to funds
No chargebacks, full protection against fraud
Accept Crypto Payments Everywhere
Security & Compliance Above Everything Else
Every transaction that we process is run through Chainalysis KYT which detects many patterns of risky activity, from darknet markets and scams to sanctioned addresses and anomalous transactions.
All of our transactions are loaded into Jumio’s monitoring system where an extensive ruleset is utilized to identify any patterns of money laundering or suspicious financial activity.
Our due diligence and KYC is all managed and validated through Sum and Substance to ensure authenticity, accuracy and legitimacy.