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Reliable USDT Payment Gateway for Your Business

5 min read
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Integrate the USDT payment method onto your website with CatPay. We work with 300+ cryptocurrencies and have a proven record of providing reliable merchant services and support for businesses worldwide. Get in touch with CatPay now to start accepting payments in cryptocurrency right away.

Boost Your Business by Accepting Crypto Payments

Accept crypto payments

What Is USDT?

USDT, or USD Tether, is a so-called stablecoin – it is a cryptocurrency that is a digital version of the US dollar and is actually tied to it. USDT is supported by the physical assets in American currency and, therefore, offers less volatility compared to many other cryptocurrencies. When users buy USDT with fiat currency, Tether Limited supposedly holds an equivalent amount in reserve. This mechanism allows USDT to maintain its 1:1 peg to the US dollar.

USDT first came to the market in 2014 and reached its stability against the American dollar in 2020. USDT can use a number of blockchain networks for stablecoin payments, with TRON (TRC-20), Ethereum (ERC-20), and Binance Smart Chain (BEP-20) among the most popular ones. You should pay close attention to the network you choose since you can’t transfer the assets directly between different networks.

How Do USDT Payments Work?

  1. You start accepting USDT on your website You can do this by integrating a payment gateway solution from the preferred provider like CatPay.
  2. Client selects Tether as a payment method Clients will be given the option to pay with USDT when completing the purchase online.
  3. Transaction overview is created This includes any applicable settlement fees and the form displayed to the customer to fill in.
  4. The settlement process This is all happening behind the scenes for you and your customers, similar to how any bank transaction feels like.
  5. Funds transferred into your wallet Once the transaction is finished, you will get your payment directly to your crypto wallet

Why Would a Business Owner Accept USDT as a Payment Method?

Financial Stability

USDT itself is probably the most reliable digital currency worldwide because it is pegged to the physical US dollar. Hence, its value provides financial stability to those who pay with USDT and receive payments as it does not fluctuate as much as other cryptos.

Expanded Global Reach

When you accept stablecoin payments, you are covering the whole world and are no longer attached to local banks and their fee schemes.

Faster Settlements

USDT blockchain typically secures its transactions in a matter of a few minutes. This is way faster than a Bitcoin transaction which can take up to one day to be finalized, and faster than any bank settlement.

Lower Transaction Costs

Due to the reduced settlement times, the transaction fees for Tether can be kept low. In particular, the fee is around $1 in the TRC-20 network. In the ERC-20 blockchain network, it’s around $10 per transaction.

Appeal to Crypto-Savvy Customers

More and more people around the world prefer using cryptocurrencies for their everyday purchases. Make sure you get your share of the market by integrating the USDT payment method to your business.

Start Accepting Tether Payments in a Matter of Minutes

Integrate a Crypto Gateway

Choose the CatPay payment provider that offers merchant services and can integrate and support the crypto payment gateway quickly and easily.

Customer Selects Crypto Payment

Once the USDT payment gateway is in place, your clients will be able to choose USDT when purchasing your products or services.

Generate Payment Details

Transaction information is going to be generated at this stage. The overview contains the fields such as billing/customer info and prompts to proceed to the payment page.

Customer Completes the Payment

Your customers will be able to finish the payment process for your products in USDT, similarly to how they would do it using their credit card.

Receive Funds in Your Wallet

After the transaction is completed, you will receive Tether in your wallet. Collecting profit has never been simpler!

Benefits of Integrating USDT Payment Gateway With CatPay

There are many advantages to you as a business if you decide to accept Tether through your website. Check some of them out below.

Simple Integration

Implementing the Tether payment gateway is going to happen seamlessly for you if you leave the process in our hands. CatPay uses its own payment API that will work behind the scenes and ensure that you are happy with the ease of use of the new payment option.

Automatic Conversion

A great way to bypass the market risks is to automatically convert any received cryptocurrencies into assets of preference.

Compliance and Security

Our experts are on top of the game and make sure that the software is up to date for cryptocurrency payment processing and equipped with all the state-of-the-art security standards.

Multi-Currency Support

CatPay supports 300+ cryptocurrencies. If you would like to be able to accept USDT or other popular currencies, look no further since we can cover them all.

Reporting and Analytics

We offer an advanced dashboard to give you a detailed overview of transactions and to enable you to generate comprehensive reports.

CatPay – USDT Payment Gateway That You Can Trust

Do you want to know how to accept USDT payments? Leveraging them is easy with CatPay. Get in touch with us now and increase your customer base and your profit in no time!

Boost Your Business by Accepting Crypto Payments

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Frequently Asked Questions

From the business point of view, it is a way to receive Tether for your goods and services. From the client’s point of view, it is a way of using USDT when paying for goods and services on a website that supports USDT.

Doing your purchases in USDT is just like paying with fiat money online. Yet, instead of using your bank account or e-wallet, you use a crypto wallet that provides access to your USDT. You initiate the purchase, fill out the payment form in the opened window, and confirm the transaction.

USDT transactions are generally secure. Their safety is ensured by cryptography, which is at the core of any blockchain. In addition, the very blockchain technology is safe since it presents a distributed ledger that can’t be hacked or changed.

There are several options you can use to purchase USDT. You can do that through online exchange platforms, including Binance, Coinbase, etc. Additionally, there are exchangers, which are websites that serve to swap one currency for another. Finally, you can perform a P2P (peer-to-peer) transaction to buy crypto from another user directly.

These are two blockchain networks, Ethereum and Tron, respectively. TRC-20 allows for instant transactions and is more cost-effective than the Tether ERC-20 payment process.

Many merchants accept the Tether cryptocurrency. These include marketplaces, airline ticket aggregators, SaaS, business consulting, etc.

A Tether transaction is faster than a bank transaction. It typically takes just a minute for it to be completed, but it may take longer (but usually not longer than 30 minutes) during network congestion.