ForumPay Simplifies Payment Processing with New Card and Bank Transfer Solution

ForumPay, a company specializing in crypto payment infrastructure, has announced an innovative new solution that allows merchants to accept Visa and Mastercard payments without registering as a card acceptance business. This move could significantly simplify payment processing for businesses operating across multiple markets.

The company's new payment flow enables customers to initiate purchases using any Visa or Mastercard, as well as bank transfers in selected markets. The funds are then automatically routed through ForumPay's infrastructure and converted into crypto, allowing merchants to receive precisely the amount invoiced. This approach eliminates chargeback exposure, compliance requirements, and PCI-DSS compliance costs for merchants.

According to ForumPay, this solution addresses a major pain point for businesses looking to expand their payment options without adding operational complexity. By automating the payment processing flow, ForumPay's infrastructure reduces friction and enables merchants to offer customers greater flexibility at checkout.