Mercuryo provides a comprehensive suite of fiat payment solutions, with these tools enabling businesses to seamlessly manage incoming and outgoing fiat transactions for their customers.
Fiat Pay in: Easy Banking
The fiat pay-in service allows your customers to make payments easily using a credit and debit card. When a customer pays, the fiat currency is received and stored securely in your business's dedicated balance within the Mercuryo platform.
From this balance, businesses have two primary options. You can transfer the funds directly to your corporate bank account or allocate them to your payout balance to facilitate customer withdrawals.
With the fiat pay-out system, you can send funds directly to your customers' credit and debit cards. This provides a simple and direct method for businesses to process withdrawals, refunds, or other disbursements.
To fund these payouts, merchants can top up their payout balance using SEPA and SWIFT transfers in any supported currency. Alternatively, you can use the accumulated funds from your incoming fiat pay-in transactions. While crypto transactions are often near-instant, these fiat withdrawals typically settle within one to three business days.
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