What is Open CryptoPay?
In addition to the convenience of paying with digital currencies, Open CryptoPay offers many benefits for both consumers and sellers of offline and online stores.
Connect your store to the future of payments.
Credit card payments often come with high fees, which can be a challenge, especially for smaller amounts. Open CryptoPay offers very low transaction fees, which can help you reduce your costs and improve your profit margins.
 
Give your customers the freedom to pay with the digital currency of their choice. Whether it is Frankencoin $ZCHF, Bitcoin or Ethereum, Open CryptoPay allows you to easily and securely accept all of these options in your store. The advantage for you is that you can
receive the payment amount in CHF on your bank account regardless of the cryptocurrency the customer paid in.

By integrating Open CryptoPay, you not only increase customer satisfaction, but also position yourself as an innovative and forward-thinking merchant. Take the opportunity to optimize your payment processing and give your business a competitive edge.
Who runs the money server?
What if you didn't have to rely on centralized payment providers and pay extremely high fees to accept payments from your customers?
Whether in your online shop, your supermarket or your downtown sneaker store, with Open CryptoPay you give your customers the opportunity to pay directly with the Swiss Franc stablecoin or other cryptocurrencies - and you only have to
pay a fraction of the costs.
You can manage everything yourself, leave the revenue directly on the blockchain or transfer it to your bank account. If you wish, you can access centralized service providers to support you with operational processing.
How does it work?
Open CryptoPay does not require a license for payments. In order to participate, you only need to comply with the technical standards for Open CryptoPay. Merchants may still need a financial intermediary license to use or offer this system as a service, depending on the laws of their country.
No Licensing Restrictions
In order to receive VISA transactions, it is necessary to conclude a contract with a VISA-licensed acquirer. Only VISA-licensed acquirers can process VISA payments. Open CryptoPay has no such restrictions. Anyone who complies with the technical standard of Open CryptoPay can send and receive money on this standard. There is no central unit that decides who may or may not use the system. The only requirement to participate in the system is compliance with technical standards.
Compliance and Legal Aspects
This does not mean that the use does not require a financial intermediary licence. The question of whether using this system or offering it as a service to other companies requires a licence in the respective country is a legal question. The term 'without permission' only means that it does not require a licence from a technical point of view. Whether it requires a licence due to local national laws is a different question. In this document, we focus solely on the technical aspects.