Asia Broadband, Inc. (OTC:AABB) is all set to release its proprietary cryptocurrency payment processing solution PayAABB today. This product will offer diversity to online businesses and expand the company's digital asset division.

With almost 24% of small and medium businesses ready to accept crypto payments thanks to their many benefits, PayAABB aims to become the future of payments. 

This patent gateway allows its users to be paid with crypto, including major digital assets like Bitcoin, Ethereum, Litecoin, Ripple, AABBG, and hundreds of other digital assets. 

Using PayAABB, merchants can offer their customers the ability to pay for goods and services with crypto, which is known for its fast speed and low cost. Interestingly, PayAABB allows payment to be made via social messages, email, and SMS via a QR code.

The PayAABB payment processor is designed with an auto-conversion feature, which allows businesses to start accepting crypto without worrying about price fluctuations. It is also designed to be easily integrated into any business website. 

Moreover, the crypto payment gateway will connect with Asia Broadband's other solutions to provide a highly lucrative tool for businesses and customers.

Convenient & Accessible 

Integrating the PayAABB solution means your customers can pay for products and services with crypto at retail locations and use any social messenger; Crypto Bot, Viber, Telegram, Facebook, Slack, Discord, and WhatsApp.

On top of that, the payment platform allows your customers to pay via email, SMS, or QR Code. Anyone can pay with crypto on e-commerce platforms like WordPress, SquareSpace, Wix, and Shopify.

The app also offers flexibility and customization in terms of currencies you want to receive by checking out the list of coins and tokens that PayAABB will support.

Overall, your customers can send funds instantly with the tap of a button. All you need to do is connect your online store to PayAABB.

PayAABB provides an all-encompassing solution for merchants by offering a payment request invoice maker. To use this tool, open the app, enter the payment amount in your local fiat currency, and select the crypto you wish to accept. The platform will then generate a QR code for your customer.

A Comprehensive Solution

In today's hyper-connected and competitive online world, businesses need ways to stand out. PayAABB allows them to do just that by accepting payments online and offline in 400+ digital coins.

With a quick and easy setup that doesn't require any hardware, this payment method offers its users convenience and accessibility. One can add the platform as a plugin in their existing online shop to use as an app when on the go.

This platform doesn't require the approval of third parties and intermediaries either. You can accept payments for both B2B and B2C transactions without involving any merchant fees. Merchants can even set up referral programs to get other merchants to use PayAABB and get paid with each transaction. One can also make phone-to-phone transactions through this platform.

In addition, PayAABB supports cross-border transactions and instant payments. But with all transactions being practically irreversible, your business has no chargeback risk.

For safety, the platform utilizes an SSL certificate, Google 2FA, and Google Authenticator to ensure utmost security. The platform is also encrypted with other security features developed by AABB.

Exchange & Wallet Added

To support a wide range of cryptocurrencies, AABB connects the PayAABB payment gateway to its proprietary AABB exchange, which was launched at the beginning of this year.

The exchange is for trading crypto instantly anytime, anywhere, that too with just a single tap. Users can also exchange AABB Gold Token (AABBG), a token backed by 100% physical gold, for other cryptocurrencies such as Litecoin, Ethereum, or Bitcoin.

This ERC20 token AABBG (the AABB Gold token) is not a stablecoin but rather a hybrid cryptocurrency whose value is pegged to physical gold to allow its holders the benefit of both gold and crypto features and enjoy the price appreciation from both markets.

Asia Broadband, a high-margin resource company, focused on producing, supplying, and selling precious and base metals to primarily Asian markets, is using its own $30 million worth of gold reserves as collateral. To make AABBG a worldwide standard of exchange, the company uses a unique mine-to-token vertical integration to achieve complete independence from fiat currency.

Now, the exchange, which is available for desktop and mobile, involves zero deposit fees, over 60 trading pairs, and multi-level security. As for regulatory compliance, the AABB exchange follows KYC/AML (know your customer/anti-money laundering) procedures. 

Another benefit of the exchange is that it is tied to the AABB Wallet, through which you can send and receive crypto instantly and anonymously. Moreover, the transaction fee is pretty low. However, both the sender and receiver must have the wallet for the transaction.

Launched in March last year, the AABB Wallet is available on both the Apple App Store and Google Play Store to keep your digital assets safe. It doesn't collect any data and ensures that transactions are 100% invisible to third parties.

Getting Started 

To get started with PayAABB, you have to first register for an account, pass the KYC protocol, and get access to your very own portal. The good thing is you don't have any restrictions regarding the number of stores you can add here. 

Then set up the location, currency, and crypto you will accept for each store. AABB has a list of compatible platforms on its website, from which you can select yours and then download the integrated PayAABB plugin. Just configure the plugin in your Shopping Cart area to start accepting crypto payments.

This is how it works: when a user wishes to pay with crypto, they select the payment option and proceed to pay with a QR code, and your store receives the confirmation.

With crypto gaining mainstream adoption at a rapid pace, it is integral for businesses to start positioning themselves for this future. Through PayAABB, they can start their crypto journey without directly dealing with crypto or exposing themselves to the inherently volatile nature of crypto while taking advantage of crypto's benefits and expanding their user base.