NOWpayments has announced that it is now enabling businesses to accept payments in Shiba Inu via BSC chain
In a recent blog post, NOWPayments shared that it is now helping businesses to accept SHIB wrapped on the BNB chain (formerly, Binance Smart Chain, BSC) with lower fees and higher speeds than Ethereum. This makes SHIB BSC a cheaper alternative to the original Shiba Inu token.
NOWPayments is now enabling businesses to set up a payment gateway for SHIB BSC.
However, the company warns that SHIB BSC being less popular than the original SHIB coin can raise some difficulties for businesses, which however are quite solvable.
The first one is that SHIB BSC is traded not on as many exchanges as Ethereum-based Shiba Inu. However, NOWPayments offers ways to directly convert SHIBSC into fiat – via NOWPayments, for example.
In addition, installing plugins compatible with Shopify, WooCommerce, Zen Cart, etc., will allow direct receipt of payments in wrapped SHIB.
As for charities and crypto bloggers, they can add donation widgets to their websites or otherwise buttons or links to accept donations in wrapped Shiba Inu.
Recently, U.Today reported that NOWPayments announced a brand new partnership with Switchere, a service that helps businesses and merchants accept and withdraw cryptocurrencies.
Thanks to this partnership, numerous companies in the sphere of e-commerce, gambling and mass retail shopping can start accepting the meme coin loved by a large number of crypto users. Buyers will be spending their crypto, while sellers will receive fiat immediately.
