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Integrating a USDT Payment System into Your Business

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USDT Payment

As a business owner, staying ahead of the curve and leveraging new technologies can be essential to success. One technology that is growing in popularity with businesses worldwide is cryptocurrency payments via USDT payment gateways – these systems offer many unique benefits compared to more traditional methods. Since Bitcoin is the most famous and widespread cryptocurrency, we will focus on how to accept USDT payments. 

In this article we will look at how your enterprise could benefit from accepting USDT payments through Bitcoin or other cryptocurrencies by discussing some key advantages as well as outlining steps for setting up such a system.

USDT payment method has revolutionized the digital currency industry with its low transaction fees, fast processing times and strong security measures. Creating a USDT payment system for your website or online business utilizing USDT can be done easily through secure methods. Let’s explore the options available to you in more detail!

Reasons to Accept USDT Payment Gateways

A recent HSB study revealed that a significant portion of businesses have embraced the use of cryptocurrencies such as USDT, leading to an increase in crypto-based payments. With many advantages available for those who go down this path, it is clear why more companies are taking part. Here we will explore several reasons your business should join them and benefit from this exciting new frontier.

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Reasons to start Accepting USDT Payments:

  1. High Security: Utilizing USDT will help protect your business from fraud and cybercrime due to its advanced encryption technology which makes it nearly impossible for anyone to intercept private information or steal funds.
  2. Low Fees: Unlike with traditional payment methods, you can save money when dealing with digital currencies as there are no processing fees or foreign exchange costs. This can help you save money and increase your profits.
  3. Increased Reach: With USDT payments system, you can open up new markets to your business since it is a global currency which can be used in different countries without any issue. This will give you access to more customers, thus increasing sales and revenue.
  4. Increased Transparency: All transactions are recorded on the blockchain and accessible to anyone who has access to it. This provides a high level of transparency, allowing you to track payments with ease and quickly resolve any disputes if needed.
  5. Reduced Risk of Fraud: Since all transactions are recorded on the blockchain, it is impossible for anyone to tamper with the data or make any false transfers. This reduces the risk of fraud and allows you to provide a higher level of security for your customers.
  6. Quicker Transactions: USDT payment providers are much faster than other traditional payment methods. This means that your customers can receive their payments quickly and easily, thus leading to increased customer satisfaction and loyalty.
  7. Lower Transaction Fees: Traditional payment methods usually come with high transaction fees, but USDT payments are much cheaper. This also helps in making your business more profitable and attractive to customers.
  8. Easy to Use: Utilizing the blockchain for USDT payments is simple and easy to do. All you need to do is create a wallet for your customers and then allow them to transfer their USDT to it. This eliminates the need for paper money or bank transfers, thus making transactions even simpler.
  9. Increased Security: By utilizing the blockchain, you can ensure that all transactions are secure and safe from any malicious actors or hackers. The decentralized nature of the technology also ensures that all users are able to keep their funds safe and secure without any central authority involved.
  10. Faster  Transaction Times: Compared to traditional payment methods, USDT transactions happen almost instantly due to the speed of the blockchain technology. This allows businesses to offer faster payments and better customer service, thus improving overall customer satisfaction.
  11. Global Access: With USDT, anyone in the world can access their funds and make payments without having to worry about exchange rates or other financial restrictions. This provides users with a more accessible way of transferring money across borders and exchanging currencies at any given time.
  12. Reduced Costs: Since transactions are processed directly on the blockchain, there is no​​​ need for intermediaries such as banks or other payment processors. This eliminates the extra processing fees associated with traditional transactions and allows users to pay less for their payments.

If your business is seeking to reach its maximum potential, accepting USDT payment methods may be the perfect solution. With mainstream implementation on the rise, these methods offer numerous advantages over traditional payment options that cannot go overlooked. 

Taking advantage of this technology can expand and elevate how you do business – so where better to start than now?

So What is USDT Payment?

USDT (also known as Tether) is a stablecoin cryptocurrency designed to peg its market value to the US Dollar. This means that each USDT coin should be worth $1 USD, making it an ideal form of payment for businesses and customers alike. Unlike other cryptocurrencies, USDT has no volatility and provides reliable transaction fees with low spread costs. This allows businesses to secure and accept payments with USDT in a much more cost-effective way than traditional methods. With its high liquidity, USDT can also​​ goods or services quickly and efficiently, making it an ideal payment option for businesses looking to expand their customer base.

In conclusion, taking payments in USDT is a great way to maximize cost-effectiveness and flexibility when making financial transactions. USDT offers low fees, high liquidity, and stable market value – giving businesses an opportunity to accept payments with confidence while minimizing risk.

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Bottom line

USDT payments providers benefits that can appeal to businesses of any size. Customers gain easy access, fees are reduced and reputations improve with trust-worthy methods. Even so, risks must be kept in mind for legitimate prevention – setting up security measures whilst staying alert about the latest news will give you a balanced approach between risk reduction and gaining advantages from using USTD payment systems.

 

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1 Comment

1 Comment

  1. SySpree

    March 28, 2023 at 05:59

    Amazing article thanks for sharing such an informative article.

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People & Lifestyle

HAVE YOUR BATH AT LEAST TWICE DAILY DURING MENSTRUATION – DIANA HOPESON ADMONISHES YOUNG GIRLS

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HAVE YOUR BATH AT LEAST TWICE DAILY DURING MENSTRUATION - DIANA HOPESON ADMONISHES YOUNG GIRLS

Mrs Diana Hopeson ( Akiwumi ) the formal MUSIGA president and a renowned gospel musician who made her mark in the early 90s with hit songs winning many National and International awards admonishes young girls to try take their bath at least two times daily during their menstrual cycle.

Joining over 400 both young girls and boys at the Ashiaman Senior High School to mark this years World Menstrual Hygiene Day Commemoration, she stressed on the need for a complete healthier menstrual management by these teenage girls bearing in mind that bathing their body is an essential part of menstrual hygiene.

A collaborative effort from the Bonabear Foundation Ghana under the auspices of the Special Monitoring Missions of the International Human Rights Commission Ghana in partnership with the SHEP Department of the Ashaiman Municipal Education Directorate of the Ghana Education Service and WO YE BRA Schools Project this year engaged the Pupils of the AshaiSec to mark the all important date on the UN calendar.

Mrs Hopeson on the theme of this years commemoration dubbed “ Making Menstruation a normal Fact of Life by 2030” also explained on the main need for every girl to know that “Menstruation leads to Procreation” therefore every growing girl must not be ashamed of her Menstruation and that it’s a normal thing. She lamented on how she felt during her “Menarche” at age 12 and the funny experiences she went through that time. Mrs Hopeson has been the project Ambassador two years running to the MENSTRUATE 2 PROCREATE initiative with a few of her friends mobilizing support for the project.

HAVE YOUR BATH AT LEAST TWICE DAILY DURING MENSTRUATION - DIANA HOPESON ADMONISHES YOUNG GIRLS

HAVE YOUR BATH AT LEAST TWICE DAILY DURING MENSTRUATION – DIANA HOPESON ADMONISHES YOUNG GIRLS

The Founder and the Project Lead of the Bonabear Foundation Ghana who doubles as the Commissioner for the Special Monitoring Missions of IHRC Ghana- Amb Dr Bernard Kofi Bonarparte in his speech added his voice to the call to totally scrap off all Taxes on Sanitary Materials and pleaded with the Government to consider implementing policies to make Sanitary materials in the Schools more accessible and free mostly in deprived communities a cross the country.

He reiterated that , it is about time Menstruation is considered as a Human Rights issue and as such  the need to put in measures to ensure every girl is not denied of this  Right. The need to easy access to water in the various Schools is also a contributing factor for ensuring a clean , safe and healthier society.

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HAVE YOUR BATH AT LEAST TWICE DAILY DURING MENSTRUATION - DIANA HOPESON ADMONISHES YOUNG GIRLS

HAVE YOUR BATH AT LEAST TWICE DAILY DURING MENSTRUATION – DIANA HOPESON ADMONISHES YOUNG GIRLS

The Amb , also called on various corporate bodies to partner organizations and civil societies that have embarked on this journey to ensure that Ghana does not fail to achieve the agenda 2030 of the UNSDG.

All participants received free Disposable and Reusable Pads and were trained on the management of those with live demonstration from the male students of the School by the help of the School Nurse and the Lead Facilitator for the WO YE BRA SCHOOL Project-Ms Jennifer Moffat as The head Mistress of the School Madam Jemimah Quarshie and her staff received the team warmly.

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The Mommy Club premieres on 27 June 2023, exclusively on Showmax

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The Mommy Club premieres on 27 June 2023, exclusively on Showmax

In the City of Gold, there are levels to everything. Being a mom is no different … (more…)

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Yahu Blackwell The Ghanaian From the Diaspora, To be enstooled as Osu Noryaa ManTse

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Yahu Blackwell, the US-based boxer set to be enstooled as 'Noryaa Tse'

In August of 2023 nearing the Annual Homowo Festival; The Ghanaian boxing champion who resides in Baltimore, Maryland and serial entrepreneur will be returning back to his homeland (Ghana). Yahu Blackwell is a Ghanaian whose family lineage is among those that was taken as slaves at the “Cape Coast Castle” and the “Elmina Castle” in Ghana. (Trans Atlantic Slave Trade). (more…)

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Zeepay MD crowned Africa Fintech Leader of the Year two times running at Ghana CEO Summit 2023

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Andrew Takyi Appiah Co Founder and Managing Director of Zeepay scaled

Andrew Takyi-Appiah, the Managing Director (MD) of Zeepay, a leading mobile financial services company, has emerged Africa’s Fintech Leader of the Year for the second year in a row at the recently held 2023 edition of the CEO Summit. 

The prestigious award was presented to him before a gathering of more than 500 of his peers, was an acknowledgement of his instrumental role in the growth and advancement of Sub-Saharan Africa’s economic landscape.

Mr. Takyi-Appiah emerged victorious amidst stiff competition from prominent figures in the fintech industry, and the award reflects the high satisfaction of users with Zeepay’s platforms and services.

Expressing his gratitude at the event which had as its theme: ‘Economic Sovereignty, Sustainable Corporate Governance, Digital Industrial Transformation: New Paths for Growth and Prosperity. A Private-Public Sector CEO Dialogue & Learning’, Mr. Takyi-Appiah stated, “Winning this award is a testament to all that African youth are Capable of and have what it takes to build global business. It means that we the youth in Ghana must be taken seriously as we have indeed taken our destiny into our hands to contribute to build a better Ghana.”

Prior to co-founding Zeepay in 2016, Mr. Takyi-Appiah held key positions at renowned organizations such as UT Bank Ghana, PwC Ghana, PwC UK, Ecobank Transnational Incorporated, and GTBank. 

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With an annual turnover of approximately US$900 million as of 2021, Zeepay has established itself as the largest cross-border remittance aggregator in Africa. Mr. Takyi-Appiah emphasized that this accolade is a testament to the strength of Ghana’s fintech regulations and legal systems, which have contributed to the rise of companies like Zeepay.

“Our customers should expect an improved business, an increase in our distribution network and availability. Going forward our customers should expect affordability in terms of reduced cash-out fees and more product innovation. I would like to dedicate the award to all our customers and staff for believing in the dream and driving it to this growth. I feel great and excited about the additional new markets we have added to the mobile money business,” Mr. Takyi-Appiah added.

This comes as Zeepay also emerged as the number-one company in Ghana at the 19th Club 100 awards. The recognition underscores Zeepay’s exceptional performance and its significant contribution to the nation’s economic growth.

The feat was attributed to the ingenuity of CEO Andrew Takyi-Appiah and as Zeepay’s vision is to expand its presence in the fintech and mobile money space beyond Ghana. 

With its innovative mobile financial services, Zeepay has been revolutionizing the remittance and mobile money sectors. The company’s impressive growth and strategic approach have propelled it to the forefront of Ghana’s business landscape. By clinching the top position in the Ghana Club 100 rankings, Zeepay has solidified its status as a key player in the country’s corporate sphere.

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As Zeepay looks toward the future, it aims to leverage its success to further establish itself as a dominant force in fintech and mobile money across Africa. With CEO Andrew Takyi-Appiah at the helm, the company is poised to unlock new opportunities and drive financial inclusion on the continent.

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From Lemonade Finance to LemFi: International Payments for Everyone

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In a bold move to further its commitment to providing international payments for everyone and better serve its expanding community, Lemonade Finance announces its rebranding to LemFi. The decision to change the name was driven by a desire to simplify and capture the essence of the company’s vision and to differentiate itself in the evolving financial services landscape.

Lemonade Finance was founded in 2020 with a simple vision,to empower immigrants seeking to achieve more in their lives. The company delivers its services through an app that enables users to send money to 10+ countries.

LemFi is licensed as an Electronic Money Institution with the Financial Conduct Authority in the United Kingdom, under the name RightCard Payment Services. It is also registered as a Money Service Business  by the Financial Transactions and Report Analysis Centre in Canada.

“The name we started with was Lemonade Finance. And as our app gained popularity, our reach expanded across multiple countries, and we became the vital link between families and loved ones separated by distance,” explains Ridwan Olalere, the CEO and Co-Founder. 

However, the company’s growth and evolution demanded a name that would resonate even more deeply with its purpose while embracing the uniqueness of its community. Through extensive collaboration with the team and community, the decision to rebrand was made to better encapsulate the vision of providing a more inclusive and efficient means for people to send money home.

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Introducing LemFi, a name that embodies the spirit of No Borders, No Barriers and no BS. The new name reflects the company’s dedication to simplicity, agility, and accessibility while retaining its commitment to facilitating seamless financial transactions for its users.

“Our new name, ‘LEMFI,’ represents our unwavering dedication to breaking down barriers and transcending borders,” says Ridwan. “It symbolises the strength and resilience of our community and allows us to carve our own unique meaning within it.”

 

The rebrand also comes with an expansion of vision. Hitherto, the goal was to power “International Payments for immigrants globally”; now LemFi aims to deliver “International Payments for Everyone”.This commitment will be demonstrated by unveiling an exciting lineup of product updates in the coming weeks and months.

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The LemFi team thanks its valued users for their continued support and invites them to embark on this new chapter together. As LemFi, the company will continue building a product and expand to more countries in the coming weeks, empowering individuals to confidently pursue their dreams.

 

The company’s new website and social media channels will now be:

 

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Website:www.lemfi.com

Facebook: UseLemfi

Instagram: @UseLemfi

Twitter: @UseLemfi

Email:support@lemfi.com

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YouTube’s Alex Okosi Highlights The Need For A Comprehensive Digital Trade Strategy For Africa

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YouTube’s Managing Director, Emerging Markets, EMEA, Alex Okosi, was among the key speakers at the Africa Debate 2023, which took place on Thursday, May 11, 2023, at the Guildhall in London.

 

Okosi’s session, titled “Building a Comprehensive Digital Trade Strategy for Africa,” highlighted the challenges facing Africa in terms of digital infrastructure despite advancements in digital trade and e-commerce. He debated the best path forward for a digital trade strategy, with a focus on the 7th protocol of the African Continental Free Trade Area (AfCFTA) on e-commerce.

 

Joining Okosi on the panel were Michelle Chivunga, a Digital Trade Expert for AfCFTA and Chief Executive Officer & Founder of Global Policy House, who moderated the session, as well as Wayne Hennessy-Barrett, Chief Executive Officer, 4G Capital; Peter Njonjo, Chief Executive Officer, Twiga Foods; Toulay Oueslati, Head of Trade Finance & Commodity Trade Finance, Bank of Africa United Kingdom and Hardy Pemhiwa, Chief Executive Officer & Chairman, Cassava Technologies.

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Organized by Invest Africa, a leading business and investment platform with over sixty years of experience on the continent, and in partnership with Africa Finance Corporation, the event was in its 9th year and focused on Africa’s trade profile through a comprehensive programme of talks, discussions, and networking opportunities.

 

“I believe that digital trade has the potential to transform Africa’s economy and improve trade relations with the rest of the world. However, to achieve this goal, we need to address the challenges of infrastructure development, regulatory frameworks, and digital skills training,” Okosi said.

 

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The panel discussion explored the future of African trade and how the private sector can best support and prepare for a more integrated and competitive African trade environment.

 

“Collaboration between governments, businesses, and financial institutions is crucial in creating an enabling environment for digital trade. This includes developing regulatory frameworks, financing solutions, and digital infrastructure,” Okosi added.

 

Okosi is a highly experienced television, content, and tech executive with over 25 years of experience building successful businesses and brands globally. He has a track record of identifying and scaling new business opportunities, generating multi-million-dollar revenue streams, and delivering profitable growth.

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Currently serving as Managing Director, Emerging Markets, YouTube EMEA, Okosi has been instrumental in driving the platform’s growth across key verticals, including music, gaming, TV/film, kids & family, news, and sports. In 2022, Okosi was named one of the UK Powerlist’s 100 most influential people of black heritage for the second year in a row.

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