Bitfinex has launched a payment widget called Bitfinex Pay, the purpose of which is to accept cryptocurrency payments by online retailers.
Vendors can integrate payment technology on the website, simplifying electronic payments. Users, in their turn, will be able to pay using various cryptocurrencies, including Bitcoin, Tether and Ethereum.
Payments made through Bitfinex Pay will be directly credited to the vendor’s wallet on Bitfinex. The amount of payments is limited to $ 1000.
However, when using Bitfinex Pay, customers do not have to pay a commission for processing transactions.
Vendors who have decided to integrate the widget on their websites should first register and verify their Bitfinex account. If the accoun is verified, the sellers can create an additional account too.