Launches New Features

29 Dec, 2020 · 3 min read

The COVID-19 pandemic is changing the way the world thinks about employment. With the rise of the gig economy (CNBC) following pandemic-related furloughs and layoffs, freelancers and business owners are demanding new payment features that are faster and more globally-connected and can help.

Interest in cryptocurrency continues to surge with the recent Bitcoin boom and the expanding applications of blockchain technology. At the same time, institutional investors are entering the market and further accelerating its growth. Business owners have taken notice of this trend and are looking for ways to add Bitcoin and other cryptocurrencies to their list of accepted payments.

Our benefits partner new features make it easy for freelancers and businesses to accept crypto payments with Pay, which offers a variety of settlement currencies in crypto and fiat. Keep reading to learn more about the new Pay features that cater to these service providers.

New Features: Invoices for service providers by

To help fill the need for new payment tools, has launched new free features that allows Pay merchants to send and receive invoices. Any client with a wallet that supports CRO,’s native token, can make payments to service providers at no cost.

To access this feature, select ‘Invoices’ on the left side of the Merchant Dashboard, click the ‘New Invoice’ button, and follow the on-screen instructions. More information can be found on the blog and Help Centre.

Metamask and WalletConnect compatibility for merchants

At the end of November, announced that Pay merchants will now be able to accept MetaMask and WalletConnect payments. This upgrade makes it faster and easier for customers to complete the checkout process using Pay.

Now, all MetaMask or WalletConnect users have to do is select their respective wallet at checkout, removing the slow and error-prone process of manually typing their wallet address and payment amount.

This MetaMask and WalletConnect integration gives Pay significant advantages heading into 2021. At the end of 2020, DeFi yield farming created a buzz within the cryptocurrency industry, ending the year with over $13 billion in total value locked.

By contributing liquidity to various DeFi projects, crypto investors have been able to earn passive income without taking all the risks that crypto trading entails.

Given that many of these DeFi projects run on Ethereum, and MetaMask is one of the most popular Ethereum wallets, payment gateways that support ETH wallets will attract more customers. For example, WalletConnect is similar to MetaMask, but has a more beginner-friendly interface.

Accept payments from 30+ million wallets with

Accepting payments and getting payouts with Pay is easy. It’s connected to over 30 million cryptocurrency wallets, giving customers the ability to choose from multiple cryptocurrencies and make faster payments. You can choose to receive your payout in USDC or TUSD, or settle with EUR if you prefer the fiat option.

Sign up for a Pay account by clicking here.

Visit Pay to learn more about their features and on how to accept cryptocurrency payments for your business.

About CoinTracking

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Disclaimer: All the information provided above is for informational purposes only and should not be considered as professional investment, legal, or tax advice. Moreover, you should conduct your own research or consult with a professional financial advisor when investing.

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Cryptocurrency enthusiast writing about all-things digital, from crypto markets to taxes.
Cryptocurrency enthusiast writing about all-things digital, from crypto markets to taxes.


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