Why You Should Use 2A Gateway and Crypto Payments?Get Started Today
2A Gateway aims to revolutionize the payments industry for markets that have been unfairly targeted by credit card processors with high fees, suffer from high rates of chargebacks, and that require pristine record keeping to enable full auditability of transactions.
2A Gateway enables merchants to accept payments of USDC, a fully backed digital US Dollar developed by circle.com. USDC is faster, safer, and more efficient way to send, spend, and exchange money around the globe. USDC powers apps to provide anytime access to payments and financial services.
USD Coin (USDC or US Dollar Coin) is issued by regulated financial institutions, and backed by fully reserved assets, redeemable on a 1:1 basis for US dollars, and governed by Centre, the consortium that sets technical, policy, and financial standards for USDC. USDC reserves are reviewed monthly and attested to by Grant Thornton LLP. Created by Circle, a regulated fintech, USDC is a trusted, widely accepted, and highly liquid digital dollar. It’s crypto that’s held to a higher standard.
2A Gateway leverages USDC to drastically lower transaction fees well below traditional credit card processors.
While cryptocurrencies historically have been largely unstable to hold as an asset, USDC enables merchants to take payments pegged to the USD.
Credit card payments require buyers to trust numerous third parties like Visa and Mastercard, payment gateways, banks, etc, with their personally identifiable information when making purchases. 2A Gateway payments only require buyers to provide relevant Personally Identifiable Information directly to the merchants you are buying from that is necessary to fulfill orders to ship products. We do not store your personal data and unlike the credit card companies, who are now tracking what you buy and where, we will never be able to tell what you bought or what type of store you bought from. Quite literally the only thing we can see is that a transaction was made.
All transactions made through 2A Gateway exist on a globally distributed immutable ledger. This ledger enables radical transparency and auditability to help merchants comply with regulatory requirements for record keeping.
Why is Instant settlement better?
USDC payments leverage blockchain technology where settlement happens instantaneously – removing the risk of chargebacks inherent to the credit card industry.