Colibri Payments cuts crypto-acquiring fees for ForkLog readers

Crypto payments provider Colibri Payments has cut crypto acquiring fees to 0.2%. The offer runs until 15 September 2023.

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Customers will receive a permanently fixed fee of 0.2% and zero charges for incoming transactions for 14 days. After the promotion ends, the fee will be 0.5%.

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Colibri Payments — a B2B platform for working with digital assets. The company holds a licence from the Lithuanian regulator and serves clients in more than 170 countries.

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The Colibri Payments ecosystem includes a crypto payment gateway, an exchange service, a merchant dashboard and an API to integrate with client sites.

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The platform supports more than 30 cryptocurrencies, including Bitcoin, Ethereum and BNB, as well as SWIFT/SEPA transfers.

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Users can configure:

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• instant conversion of incoming transactions into stablecoins USDT and USDC to shield against volatility;

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• mass payouts in cryptocurrency and fiat;

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• automatic withdrawals to a cold wallet on a schedule.

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Colibri Payments integration takes no more than one business day. The company provides clients with around-the-clock personalised technical support.

Earlier, Mastercard spoke in favour of the integration of blockchain with traditional finance.