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One step closer to Crypto Mass Adoption - NOWPayments partnered up with Switchere to make fiat withdrawals accessible for everyone

05-17-2022 09:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: NOWPayments

Withdrawing fiat in limitless amounts and without any complications

NOWPayments, a crypto payment gateway, has launched a new fiat payout solution. The solution allows the merchants to withdraw any amounts of cryptocurrency in fiat starting from 15EUR up to the unlimited volumes. This feature can be used by any business who is eager to test crypto payments for the first time and wishes to withdraw crypto to fiat currency fast, easy and from any part of the world.
Features and benefits of the Fiat Withdrawals include:
● Simple registration - to withdraw a small amount of fiat, merchants only need to fill their phone number and email
● Short verification process - 48 hours to activate fiat Withdrawals option
● Fast and automatic transactions
● Supported by SEPA
● Withdrawal amounts start from 15 EUR and reach no upper limits
● Most popular cryptocurrencies are supported
How to use Fiat Withdrawals in NOWPayments service?
1. Before making a withdrawal, the merchant must register and verify with our partner Switchere - safe, licensed and trusted crypto exchange service.
2. Then, the merchant should enter the same email in NOWPayments account that he registered on Switchere.
3. Once registration is done, merchants can cash out to fiat as often as they want without any more doublechecks. Everything will work automatically and money will land into the chosen bank account.

Supported cryptocurrencies for fiat withdrawal:
● BTC ● ETH ● XRP ● LTC ● BCH ● XLM ● AAVE ● EOS ● LINK ● OMG ● UNI ● YFI

NOWPayments Ltd

Postal Address: Amsterdam, Kraanspoor 50, 1033 SE, Netherlands

Media & PR Antonia M: antonia@nowpayments.io

About NOWPayments

NOWPayments is a crypto payment gateway that lets you accept crypto payments in 100+ cryptocurrencies. It also offers a Mass Payments solution. Regardless of what crypto customers pay with, merchants can choose to accept the coins they prefer - NOWPayments converts them automatically.
The platform also supports fiat conversion, and offers crypto donation tools.
NOWPayments provides merchants with a variety of tools: API, invoices, donation widget, buttons, as well as plugins for WooCommerce, ZenCart, PrestaShop, Opencart, WHMCS, Magento 2 and others.
NOWPayments is a non-custodial payment gateway, which means that all your payments will be instantly transferred to your own wallet that only you can have access to.

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