Inqud’s Crypto Acquiring Solution: Now Enhanced with Static Wallets
Feb 7, 2025
5 read
Contents
What is crypto acquiring and how does Inqud’s solution work?
How did Inqud’s crypto acquiring work before?
What’s new? Static wallets for crypto acquiring
How Does a Static Wallet Work?
What Are the Key Benefits of Static Wallets for Businesses?
Why choose Inqud for crypto payments?
Upgrade your Crypto acquiring with static wallets
Share
What is crypto acquiring and how does Inqud’s solution work?
Businesses looking for efficient ways to accept cryptocurrency payments often ask:
- How can I accept crypto payments for my business? - What is a crypto acquiring solution? - What’s the easiest way to accept Bitcoin and other cryptocurrencies?
Inqud’s Crypto Widget is a crypto acquiring solution that allows businesses to accept crypto payments for goods, services, and balance top-ups. This system works similarly to traditional bank card acquiring, but instead of using fiat currency, it processes payments in cryptocurrency.
Who can benefit from crypto acquiring?
Many industries benefit from crypto payments for business, including:
E-commerce & Online Stores: accept Bitcoin, Ethereum, and stablecoins for goods and services.
iGaming & Gambling: enable seamless deposits for players worldwide.
NFT Marketplaces: offer crypto payment options for NFT buyers and sellers.
Streaming & Content Creators: accept crypto donations or subscription payments.
Hosting & Blogging Platforms: provide alternative payment methods for international customers.
Travel & Hospitality: allow travelers to pay in cryptocurrency for bookings.
By integrating Inqud’s Crypto Widget, businesses can access a fast, cost-effective, and secure way to accept crypto payments.
How did Inqud’s crypto acquiring work before?
Previously, our system provided temporary crypto wallet addresses for each transaction. While this allowed businesses to accept crypto payments, users had to generate new wallet addresses each time they wanted to receive funds.
Common issues with this approach included:
Extra time spent generating addresses for every payment.
Potential delays in receiving payments.
Higher risk of transaction errors due to address expiration.
To solve these issues, we introduced static wallet addresses in crypto acquiring — an important upgrade for businesses that need a more seamless, automated way to accept cryptocurrency payments.
What’s new? Static wallets for crypto acquiring
We’re excited to announce the release of an API for static wallets in our crypto acquiring solution. Now, users can generate one permanent wallet address and use it continiously, without time restrictions or limits on crypto payments for business transactions.
What Is a Static Wallet Address?
A static wallet address is a permanent cryptocurrency address that businesses can use indefinitely for receiving crypto payments. Unlike dynamic wallets, where a new address is required for each transaction, static wallets allow customers to send payments to the same address multiple times.
Why do businesses need static wallets?
If you’re wondering:
-How can I accept cryptocurrency payments without generating new addresses each time? -What is the best way to automate crypto transactions for my business? -Can I accept various cryptocurrencies with no need for a new address for each token?
The answer is static wallets. They eliminate the need to generate new addresses, making it easier for businesses to accept crypto for business transactions and recurring payments.
Who benefits from static wallet addresses in crypto?
iGaming & Gambling platforms: players can top up their balances using the same wallet address, eliminating delays.
Donation platforms: charities and content creators can receive ongoing contributions without address changes.
Trading & Investment platforms: users can deposit funds without requesting new addresses.
How Does a Static Wallet Work?
Let’s answer this question by dividing it into three parts. Businesses that want to accept crypto payments with static wallets have to consider the following information:
1. How does a customer make a payment using a static wallet?
- The customer selects cryptocurrency as a payment method on the merchant’s website.
- The system generates a static wallet address for the chosen cryptocurrency.
- The customer sends funds to this address via direct transfer or QR code.
- The funds are automatically credited to the business’s account.
- The customer receives a confirmation notification of the successful transaction.
2. Can customers use the same static wallet address multiple times?
Yes! Unlike traditional methods that require generating a new wallet address for each payment, static wallets remain the same — making it easy for customers to pay in cryptocurrency repeatedly without extra steps.
3. Are static wallets safe for business transactions?
Yes. Inqud ensures that all crypto transactions are secure and automated, reducing errors and improving the overall user experience.
What Are the Key Benefits of Static Wallets for Businesses?
If you’ve been searching for:
-How do I simplify crypto transactions for my business? -How can I track cryptocurrency payments more efficiently? -What’s the best way to accept multiple cryptocurrencies on different blockchains?
Then static wallets are the solution. Here’s why:
1. Enhanced User Experience
Customers no longer need to generate new wallet addresses for every payment. They simply send funds to the same crypto address, reducing friction and making transactions faster and easier.
2. Simplified Transaction Management
Merchants can assign unique static addresses to users, making payment tracking and reconciliation easier. This streamlines bookkeeping, reduces administrative workload, and improves financial oversight.
3. Multi-Chain & Multi-Token Support
With static wallets, businesses can accept payments across different blockchain networks. A single static address can handle multiple tokens, especially in networks like Ethereum, simplifying crypto payment acceptance for businesses that support diverse digital assets.
4. Lower Risk of Payment Errors
With a static wallet, customers won’t accidentally send funds to an expired or incorrect address, reducing lost transactions and refund requests.
5. Seamless Integration with business tools
IInqud’s static wallets can be easily integrated with existing financial tools, including CRM, ERP, and automated billing systems, ensuring smooth workflow operations.
Why choose Inqud for crypto payments?
If you’re looking for a reliable, scalable, and automated way to accept crypto payments, Inqud is your answer.
Does Inqud support multiple cryptocurrencies?
Yes! Our solution supports multiple cryptocurrencies, including Bitcoin, Ethereum, USDT, and more, allowing businesses to accept payments in crypto easily.
Can I automate crypto deposits with Inqud?
Absolutely! Our static wallet API enables businesses to automate cryptocurrency payments without requiring manual intervention.
Is integrating Inqud’s Crypto Widget difficult?
Not at all! Our API for crypto acquiring solution is designed for quick and easy integration with your websites and apps. Check our documentation or share it with your development team.
Upgrade your Crypto acquiring with static wallets
At Inqud, we continuously strive to improve our crypto acquiring solution “Crypto Widget”. The introduction of static wallet addresses in crypto ensures that businesses can now accept crypto payments more efficiently, securely, and with minimal effort.
With static wallets, you get: -Faster transactions with no need to request new addresses. -Simplified transaction management with unique static addresses. -Multi-chain & multi-token support for seamless crypto acceptance.
Ready to accept crypto for business transactions effortlessly?
Want to automate your cryptocurrency payments with static wallets?
Get started with Inqud today!
Industries
IMB
Products
Crypto widget
Tags
Updates, Features, Crypto Widget, Cryptocurrency
Author
Polina Kumanova
,
Marketing Specialist at Inqud