Commissions on Merchant Transactions
PayBitoPro may offer brokers merchant acquisition bonuses for every new merchant successfully onboarded. These bonuses act as an upfront reward for expanding the platform’s merchant network.
After onboarding, the broker continues to receive a recurring percentage of transaction fees for the lifetime of the merchant on the platform, creating long-term passive income.
The more merchants that accept cryptocurrency, the more users are likely to spend their crypto holdings. This increased transactional flow in the market translates into higher buy/sell volumes, which boosts activity on the exchange.
May rise as merchants cash out their crypto earnings or as users increase their cryptocurrency investments to make payments.
Brokers who focus on merchant payments can position themselves as crypto payment experts, offering consultancy services to businesses looking to adopt crypto for their payment needs. This opens up a new revenue stream as businesses may seek their guidance on navigating crypto integration.
Brokers can help merchants understand the benefits of accepting cryptocurrency, assist in setting up wallets, and offer insights on optimizing crypto revenues.
Brokers who help merchants successfully navigate the cryptocurrency payment space not only gain an initial commission but also maintain an ongoing relationship. Providing support and customer service to merchants strengthens broker-merchant relationships, leading to long-term retention.
When merchants need to upgrade their payment systems, integrate new crypto features, or adapt to market changes, brokers can offer premium support services, earning additional fees.
Brokers can leverage their existing merchant relationships to build referral networks. Merchants satisfied with their experience may refer other businesses to the broker, leading to an organic expansion of the broker’s client base.
Brokers can focus on specific regions or industries, becoming the go-to crypto payment solutions provider for businesses within that sector. This niche positioning can lead to monopoly-like advantages in local markets.
This comprehensive array of benefits allows brokers to diversify their income streams, establish strong merchant networks, and play a pivotal role in the global adoption of cryptocurrency payments, all while earning from their contributions to PayBitoPro’s ecosystem.