The Merge hasn’t affected the payments’ availability for NOWPayments’ partners.
Online PR News – 20-September-2022 – Amsterdam – NOWPayments, a crypto payment gateway, announced that they are fully supporting Ethereum after the Merge that took place on the 14/15th September.
With Ethereum going from Proof-of-Work to Proof-of Stake consensus algorithm, the working principles of the second-largest crypto change quite crucially. However, NOWPayments claim this change does not affect NOWPayments’ users and partners. NOWPayments team makes sure the transition goes smoothly for ETH users who want to accept payments and conduct payouts around the Merge dates.
The crypto payment gateway team is carefully monitoring each stage of the ETH PoS shift and is operationally ready to provide the gateway service to all Ethereum users.
Features and benefits of NOWPayments during and after the Merge:
Fully available ETH PoS payments, donations, and payouts.
Automatically transferred balances
The funds are transferred from ETH PoW to ETH PoS in their original amount.
Full support of ETHW
NOWPayments is completely ready for supporting payments, donations and payouts in ETHW (in case of its release).
Full support of Ethereum Classic
ETC is an available asset for payments, donations and payouts. It will remain so after the Merge.
Be the first merchant to enjoy benefits of ETH PoS!
Proof-of-Stake (PoS) mechanism is eco-friendly and provides speeded up transactions
NOWPayments have also revealed that the whole NOW ecosystem including ChangeNOW, NOW Wallet, and NOWNodes will perform sustainable service as ETH PoS goes live.
NOWPayments is a crypto payment gateway that lets merchants and businesses accept crypto in 150+ cryptocurrencies, with auto coin conversion available. It also offers a Mass Payments solution, crypto donation tools, and supports fiat conversion. Regardless of what crypto customers pay with, merchants can choose to accept the coins they prefer - NOWPayments converts them automatically.
NOWPayments provides merchants with a variety of tools: API, invoices, donation widget, buttons, as well as plugins for WooCommerce, ZenCart, PrestaShop, Opencart, WHMCS, Magento 2, and others.
NOWPayments is a non-custodial payment gateway, which means that all your payments will be instantly transferred to your own wallet that only you can have access to.