Payment gateways act as intermediaries in cryptocurrency transactions, assuming the associated risks by using their wallets to facilitate exchanges between merchants and customers.

The transaction process generally unfolds as follows:

The customer selects cryptocurrency as the payment method at checkout, whether in-store, online, or via an app.

They transfer an amount equivalent to the current market value of the cryptocurrency at the time of the transaction.

The payment service instantly converts this payment into cryptocurrency in your preferred fiat currency.

The funds are credited to your account with the provider, and then periodically deposited into your designated bank account in accordance with your service agreement.