ForumPay Unveils Card and Bank Transfer Payment Solution for Merchants

ForumPay, a cryptocurrency payment infrastructure company, has introduced a new payment flow that allows merchants to accept card and bank transfers without the need for registration as a card acceptance business. This solution enables customers to initiate purchases using any Visa or Mastercard, or bank transfers in selected markets, with funds routed automatically through ForumPay's infrastructure.

The result is a significant one for merchants, who can now offer card and bank payments without taking on chargeback liability and PCI DSS compliance costs. The new payment flow is designed to bridge the gap between traditional payment rails and crypto infrastructure, allowing businesses to expand the payment methods available at checkout without increased operational and cost burdens.

ForumPay's solution passes additional card and bank transfer costs directly to the payer, meaning merchants pay only their usual crypto acceptance fees. This approach allows businesses to offer customers greater flexibility at checkout while maintaining their existing operational footprint.