Key features and benefits

Finrax is a cryptocurrency payment gateway that enables businesses to accept digital currencies seamlessly. Established in 2019, Finrax has processed over €240 million in monthly volume, handling more than 1.2 million transactions across 170+ countries.

  • Supported Cryptocurrencies: Finrax supports over 20 cryptocurrencies, including Bitcoin (BTC) and Tether (USDT).

  • Payment Methods: Merchants can receive settlements in EUR, USD, GBP, or crypto. The platform offers instant deposits, eliminating waiting times for blockchain confirmations.

  • Transaction Speed & Fees: Finrax provides fast processing with fixed exchange rates to protect against market volatility. The platform emphasizes fair pricing with a transparent fee structure, though specific fees are not publicly disclosed.

  • Security & Compliance: Finrax is a fully licensed and regulated service provider, recognized by the Lithuanian Financial Crimes Investigation Service (FCIS). The platform implements robust compliance measures, including transaction monitoring to adhere to Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) standards.

  • Merchant Tools: Finrax offers easy integration with a user-friendly API and provides an admin panel for management and support needs. The platform also ensures seamless accounting with tools designed for easy reconciliation and detailed financial reporting.

Pricing & Fees

  • While Finrax emphasizes fair and transparent pricing, specific details about transaction and payout fees are not publicly available. Prospective users are encouraged to contact Finrax directly for detailed pricing information.

User Experience & Integration

Finrax's platform is designed for ease of use, featuring a straightforward API that allows businesses to customize the payment process to their specific requirements. The admin panel offers comprehensive management capabilities, and the support team is noted for its dedication to assisting clients.

  • Supports a wide range of cryptocurrencies.

  • Offers instant deposits and fixed exchange rates.

  • Fully licensed and regulated within the EU.

  • Provides robust compliance and security measures.

Learn everything you need to know about accepting cryptocurrencies and stablecoins for your business!

Conclusion

Finrax positions itself as a reliable and efficient cryptocurrency payment gateway, offering a range of features tailored to modern business needs. Its commitment to security, compliance, and user-friendly integration makes it a compelling choice for businesses aiming to incorporate crypto payments. However, potential users should directly consult with Finrax to obtain detailed information on fees and ensure the platform aligns with their specific requirements.

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Other providers featured include Confirmo, Finrax, NOWPayments, BitPay, CoinsPaid, CryptoProcessing, CoinGate, CoinPayments, Triple-A, CryptoPay, SmartyPay, ForumPay, Unlimit, Whiteflo, CoryTech, Stitch, Archway, Coinify, BVNK, Bitpace, CityPay, PassimPay, Orbital, Bitso, CoinSmart, and Coinbase Commerce.

Disclaimer
While we strive to provide accurate and up-to-date information, we cannot guarantee the completeness or accuracy of the details presented. Regulations, fees, and service offerings may change over time. We encourage readers to verify all information directly with Confirmo before making any decisions. If you identify any discrepancies or misleading details, please inform us so we can review and update the content accordingly. We are not responsible for any decisions made based on the information provided in this review.