20/02/2023
We’ve been cooking up something special in the BVNK Product kitchen! Introducing Payment Channels.
What is a Payment Channel❓
✅ Payment Channels are permanent cryptocurrency wallet addresses that are unique to individual merchant's customers. This feature allows the end user to top up their balance with ease, without needing to request new payment links each time. Merchants can choose to be settled in either fiat or crypto.
What can you use Payment Channels for❓
✅ As a merchant, you can share Channel links with your customers, and they’ll be able to top up their balances without needing to request new payment links every time they want to make a payment.
How can I create a Payment Channel❓
✅ You can create one directly from the BVNK portal via the Payments page or using our Payments API.
Check out a more in-depth explanation from our Product Manager Matthew Handley below: