Cryptopay was established in 2013 with the goal of making it easy for businesses and individuals to make transactions using cryptocurrencies and crypto assets. The platform offers a range of services, including a cryptocurrency wallet, a prepaid card, crypto debit card, and a merchant solution. The Cryptopay debit card, for example, allows users to spend their cryptocurrencies at any merchant that accepts Visa cards. They also support two fiat currencies: the GBP and the Euro.
One of the main benefits of using Cryptopay for online transactions is the speed and security of the transactions. Cryptocurrency transactions are processed on a decentralized network, meaning they are not subject to the same delays and fees as traditional bank transfers. Cryptopay's wallet solutions offer advanced security features such as multi-sig wallets and two-factor authentication, etc. Finally, another benefit reported by many users is the fact that they have a prepaid Visa card, which ensures that it will be accepted in most businesses like a bank card.