A cryptocurrency payment through Pay4It typically occurs as follows:
The customer selects the product or service they wish to purchase and moves to the checkout process.
Pay4It displays a payment form to the customer, which lists the accepted cryptocurrencies. The customer then selects
the cryptocurrency they prefer to use for the payment.
The customer transfers the payment to Pay4It's cryptocurrency wallet address, which is shown on the payment form as
both a QR code and text that can be copied. The customer can make the payment using their own cryptocurrency wallet
or through a cryptocurrency exchange by converting their fiat currency into cryptocurrency.
Pay4It's wallet software confirms the receipt of the payment and the transaction is recorded on the blockchain. If
the customer sends an insufficient payment, Pay4It will notify the customer of the missing amount and wait for the
remaining balance to be paid.
Pay4It can then choose to convert the received cryptocurrency into fiat currency at any time, either immediately or
at a later date.
