The key feature of the Dash cryptocurrency is its fast and easy transactions. DASH is virtually built for speed. The incredible efficiency is what lets it stand out and fit businesses that want to benefit from crypto payments like a glove. Thanks to NOWPayments, merchants can not only accept the DASH crypto but also offer special subscriptions denominated in DASH to their clients.
What is DASH crypto?
The Dash crypto can easily top the charts as the quickest crypto ever. The nimble nature of the Dash coin has earned it a payment method status among over 150k merchants worldwide. Basically, thousands of businesses globally are ready to accept DASH payments for services and products. The total payment volume processed by DASH in the Q4 of 2021 reached $4 billion, a truly incredible amount of money showing the potential of Dash coin payments.
Pros and cons of DASH payments
As you can see, DASH is a choice of many businesses and the reasons why companies decide to opt for cryptocurrency are plentiful. Of course, the list of DASH practical benefits can get pretty long, so we will focus only on the key factors that let it be an in-demand solution. We will also cover some downsides.
Chargebacks are a two-fold matter. On the one hand, they help consumers save their money when coming across fraudsters, while, on the other hand, they give criminals the freedom to scam businesses out of hard-earned cash. Dash transactions are irreversible, so it is impossible to alter them, meaning that Dash can protect companies from chargebacks.
Instant and global payments
DASH transactions are not only quick but also global. People can accept and make payments in DASH in any part of the world. The Dash blockchain exists above borders and it is not tied by restrictions of any jurisdictions. So, DASH is great for businesses with international customers.
Lower fees – higher earnings
Businesses, by leveraging a Dash coin payment gateway, can significantly bring down their transaction fee expenses. DASH transactions are remarkably cheap. On average, it costs less than a cent to send DASH. Lower fee costs directly contribute to larger revenues and subsequently more money in the company’s pocket.
Yet, as with any cryptocurrency, Dash didn’t boast an outstanding adoption rate yet. Although it is used by thousands of people, it still cannot compete with fiat currencies in terms of mass adoption. Nonetheless, featuring DASH payments can help businesses discover a new niche and offer products to new demographic, crypto users.
How do I accept DASH coin as payment for my subscription plan?
NOWPayments’ recurrent payments feature is a tool for deploying Dash currency invoice-based subscriptions. The tool has a built-in email billing mechanism making it easy to send personalized invoices to clients. Use this guide to launch your Dash coin subscriptions:
- Create your account on NOWPayments.
- Provide your Dash crypto address to which you would like to receive payments.
- Generate an API key.
- Go to the “Invoices” section and click the “Create Invoice” button.
- Fill in the required fields (the currency, the order ID, and the price in USD).
- Next, go to the “Subscriptions” section and enter the invoice ID as well as the frequency with which your subscribers will be sent a reminder.
- Click “Create the subscription group.”
- Click “Edit” in the appeared subscription field and add your subscriber’s email address (you may add as many as you wish).
- Wait for your subscriber to confirm the subscription.
If you wish to deploy crypto subscriptions to accept payments at a low cost, use Dash together with NOWPayments’ subscriptions tool.
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