Tallinn, Estonia-based investment firm Aufort Gold has revealed that it will begin taking crypto payments in exchange for its gold bars, coins, and innovative gold account services.
The company will be leveraging Swapin solutions through an all-new B2B partnership. Here is all you need to know about the news and how Swapin makes it all possible.
All About Aufort Gold Accounts, Products, And Services
Aufort Gold is an investment firm established in 2014, focused on the precious metals market. The company offers a wide range of gold bars, coins, and other unique gold investment products and gifts.
Investment products include a gold account where purchases or trades can be made instantly and digitally. The gold is held in an Aufort Gold account that is backed by physical gold stored in a vault.
There is also a subscription model that essentially allows customers to dollar cost average into gold at varying amounts and intervals. Their pitch is that by putting money in gold versus a savings account, you can protect capital from inflation — one of the hottest topics across finance today.
How Swapin Solutions Enables Instant Crypto-To-Fiat Payments
Now, all of Aufort Gold’s services can be paid for using cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and more. This is only possible through Swapin crypto-to-fiat solutions like CoinCollector. CoinCollector is a crypto payment link that invoiced-based businesses can use to accept crypto payments.
As is the case with any of Swapin’s crypto-to-fiat solutions, crypto assets are instantly converted to euros and deposited into a connected bank account. For businesses like Aufort Gold, this is a critical step to accepting crypto.
Aufort Gold already has to deal with fluctuations in the price of its gold and how to address that. The last thing the company would also want to manage is crypto asset volatility. Businesses can avoid needlessly converting crypto to cash first or getting a different amount by the time the payment is received. Swapin also handles all crypto-related compliance.
More About The Swapin And Aufort Gold Partnership
Swapin’s other B2B tool, E-Com, is an e-commerce widget that businesses can also use to accept crypto. The tool is plug and play, making it simple for any merchant to install. This allows companies to reach new audiences and generate new revenue streams. Crypto users also show a strong affinity toward investing in other inflation hedges like gold.
The crypto-to-fiat payment technology also extends into the B2C segment, with products like Instapay, Instafill, and soon Instabuy. Whether it is recurring bill payments, a one-off gift to friends or family, or purchasing crypto for yourself, Swapin has individuals covered.
Swapin is also the key to more businesses like Aufort Gold being able to tap into the crypto audience and begin accepting crypto payments in a compliant and convenient way. To learn more about Swapin solutions, visit the official website. To invest in innovative gold products using crypto, check out Aufort.gold.