In 2021, the cryptocurrency market hit an all time high. However, it wasn’t just prices that soared. Active cryptocurrency users hit numbers that were never seen before. As of 2021, it is estimated that there are over 300 million crypto users worldwide. That number is only expected to grow. This shows that the adoption of this technology is increasing. And as cryptocurrency mass adoption becomes more mainstream, businesses all over the world have found themselves needing ways to implement crypto transactions into their business models.
When a company cannot facilitate a crypto transaction, they are excluding themselves from one of the fastest growing industries in the world. Excluding yourself from cryptocurrencies today is like excluding yourself from the internet in the 1990s. Not only do companies miss out on the opportunity to innovate, but failing to facilitate crypto transactions means that companies are missing out on opportunities to do business and build relationships with their future customers.
But developing the infrastructure to facilitate crypto transactions is costly and time consuming. In addition, expanding operations often involves expanding the workforce too. This means hiring more designers, developers and support staff. This is very expensive and can prevent companies from taking action.
But what if there was already a solution that allowed for easy implementation of crypto transactions? What if there was a way for businesses to use an already existing product with their own branding? What if there was a way to accept crypto payments without having to build your own infrastructure? This is where white label products come in.
White label products are products or services that are produced by one company that other companies rebrand to make it appear as if they had made it. They provide companies with an already functioning and refined product. This allows companies to easily introduce solutions that they otherwise would have to develop themselves, thus saving a lot of time and money. White label products essentially allow businesses to take advantage of third-party expert work at a fraction of the cost.
When it comes to developing infrastructure to expand business models, white label products are amazing because they enable companies to deploy solutions quickly and cheaply. For companies, this takes the pressure off having to develop applications themselves. This means that they can focus on what is actually important to them. For example, improving their products or services.
And because cryptocurrency is such a young industry, it’s very hard to find developers who can build the infrastructure that can facilitate crypto transactions. This means that when companies do find a development team, it becomes very expensive to build very basic applications because of such a short supply of these individuals. And this is why PTPWallet was created, to help create a financial ecosystem where businesses and individuals can transact with crypto easily and seamlessly.
PTPWallet is a secure white label transaction application that enables companies to conduct business with customers using cryptocurrencies. Companies can integrate with our white label solution to easily and quickly deploy their own cryptocurrency transaction platform. This means that they immediately open the door to accepting new methods of payment and interaction with their customers.
For businesses, the benefits are simple. PTPWallet handles everything from hosting the actual application to reviewing KYC verification. On top of this, PTPWallet also handles support requests and inquiries too. This means that there is no need for companies to spend extra to simply maintain their application. Transaction fees will also be just a fraction of the price compared to traditional financial services. And for the company’s customers, the payment process will be easier, more secure and anonymous. This will lead to enhanced customer satisfaction, thus leading to stronger customer relationships.
When a company adopts our white label solution, they immediately get access to all the features of PTPWallet. This includes, industry leading security, multi-asset support and smartphone & desktop compatibility just to name a few. This allows companies to own their own crypto transaction application that is secure, private and quick. And because of this, they can be involved in an industry that is revolutionizing the world as we know it.
Choosing a white label solution for your crypto transaction needs is a much better choice than developing your own solution. White label solutions ensure faster deployment and they also cost considerably less. White label applications are also extremely easy to customize and you do not need to have any technical expertise in overseeing the development.
Ensuring that your company can facilitate crypto transactions is essential to keep up with the times. It is estimated that over 2,500 US businesses accept Bitcoin and an increasing number of companies worldwide are accepting cryptocurrencies for a host of investment, operational and transactional purposes. Accepting crypto will provide access to an entirely new customer base.
On top of that, more and more companies are finding that important customers and clients are wanting to deal with crypto. Consequently, your business may need to be positioned to receive and disburse crypto to ensure smooth exchanges with stakeholders. This is why having internal infrastructure that can facilitate this transaction of cryptocurrency is essential for the long term success of your business.
If you need to introduce a cryptocurrency transaction platform into your business, then we invite you to get in contact with us.