If you hold cryptocurrency and want to make purchases abroad—whether for online goods, real estate, or rent—you can now do so, even if the seller doesn’t directly accept digital assets.

Cryptocurrencies like Bitcoin, Ethereum, and other digital assets are becoming increasingly popular as alternative payment methods. With a growing number of companies accepting cryptocurrencies and expanding payment infrastructures, users can pay for nearly anything—from online shopping to travel and even property investments. However, not all businesses accept crypto. Many companies and service providers that rely on traditional bank cards or transfers lack the tools to process cryptocurrency payments.

This article explores how you can use cryptocurrency for purchases:

• Direct payments in cryptocurrency
• Cryptocurrency debit cards
• Payment processors and intermediaries
• P2P platforms and exchanges
• Payments through mediators
• Using NoWALL: Pay with cryptocurrency as if it were traditional money

The Potential of Cryptocurrency Payments Worldwide

Direct Payments in Cryptocurrency

Some companies accept cryptocurrency directly as a payment method. This is the simplest and most convenient option, as it doesn’t require converting cryptocurrency into fiat money (like dollars or euros).

Examples of Companies Accepting Cryptocurrency:

• Tech Giants: Companies like Microsoft accept Bitcoin for certain digital goods and services.
• Online Retailers: Platforms like Overstock and Newegg allow customers to pay with cryptocurrency.
• Travel Services: Booking platforms such as Travala and CheapAir accept Bitcoin and other cryptocurrencies for flights and accommodations.
• Automotive Industry: Tesla has, at times, accepted Bitcoin for car payments (subject to policy changes).
• Fashion and Accessories: Pavilion, an online store for clothing and accessories, accepts Bitcoin, Ethereum, and other cryptocurrencies.

How It Works:

1. When selecting an item or service, choose cryptocurrency as your payment method.
2. The site provides a unique wallet address for the transfer.
3. Using your cryptocurrency wallet, send the exact amount to the given address.
4. Once the transaction is confirmed, the purchase is complete.

Advantages:

• Convenient and doesn’t require conversion to traditional currency.
• Often free of seller-side fees, making it cost-effective for buyers.

Disadvantages:

• Not all companies accept cryptocurrency.
• Potential delays in blockchain confirmations.

Cryptocurrency Debit Cards

Cryptocurrency debit cards enable you to use your crypto assets almost anywhere that accepts traditional bank cards. These cards, backed by major payment systems like Visa and Mastercard, are linked to your cryptocurrency wallet.

How It Works:

1. Order a cryptocurrency debit card from a provider.
2. Load the card with cryptocurrency via your wallet.
3. When making payments, the card automatically converts cryptocurrency into fiat currency.
4. The purchase is processed like a standard debit card transaction.

Advantages:

• Widely accepted wherever Visa or Mastercard is available.
• No need for sellers to accept cryptocurrency directly.
• Instant access to funds for quick payments.

Disadvantages:

• Conversion fees for cryptocurrency to fiat.
• Possible country-specific restrictions on card usage.

Payment Processors and Intermediaries

Payment processors allow sellers and buyers to conduct transactions in cryptocurrency, automatically converting it to fiat or facilitating payments without manual transfers. These services simplify the process and reduce volatility risks.

How It Works:

1. The seller integrates a payment processor on their site.
2. The buyer selects cryptocurrency as the payment method and completes the transfer via the processor.
3. The processor handles the transaction and deposits the fiat equivalent into the seller’s account.

Advantages:

• Broad range of supported cryptocurrencies.
• Sellers are shielded from volatility through instant conversion.

Disadvantages:

• Transaction fees.
• Limited adoption among merchants.

P2P Platforms and Exchanges

If the seller doesn’t accept cryptocurrency, you can use P2P platforms or exchanges to sell your crypto and receive fiat money for the purchase.

Popular P2P Platforms:

• Binance P2P: Users trade crypto for fiat directly with one another.
• LocalBitcoins: A well-known platform for buying and selling Bitcoin via P2P exchange.

How It Works:

1. Find a buyer on a P2P platform who will exchange cryptocurrency for fiat.
2. Sell your cryptocurrency and receive funds via bank transfer or another payment method.
3. Use the fiat funds to pay for goods or services.

Advantages:

• Flexible exchange options and potentially better rates than traditional exchanges.
• Quick transfers to personal accounts.

Disadvantages:

• Time and effort required to find trustworthy counterparts.
• Risks associated with counterparties, though platforms often offer protections.

Payments Through Mediators

If you need to pay a store or service that doesn’t accept cryptocurrency, mediators can step in to bridge the gap. They accept crypto payments and pay sellers in fiat currency on your behalf.

Examples of Services:

• PaywithMoon: Enables crypto payments for Amazon purchases via virtual cards.
• Purse.io: Lets users pay for Amazon purchases using Bitcoin and other cryptocurrencies, often with discounts.

How It Works:

1. Provide the mediator with purchase details.
2. Pay for the item in cryptocurrency through the platform.
3. The mediator processes the fiat payment and arranges delivery.

Advantages:

• Enables crypto payments for non-accepting merchants.
• Some services offer discounts for cryptocurrency use.

Disadvantages:

• Service fees for mediation.
• Dependence on the intermediary to process the order.

Pay with NoWALL: Use Cryptocurrency as Traditional Money

With NoWALL, you can pay for any purchase, even if the store or seller doesn’t accept cryptocurrency. We accept USDT and transfer the fiat equivalent to the seller’s account—whether in USD, EUR, or another currency. It’s simple: you send us the amount in cryptocurrency, and we process the payment via European accounts, bank cards, or SWIFT systems.

Who Benefits Most from NoWALL?

Our solution is perfect for those looking to easily and quickly use their cryptocurrency assets to pay for goods and services abroad. From buying clothing to paying for a car, NoWALL allows you to complete necessary transactions effortlessly.

To receive a cost estimate or ask questions about your transfer, contact our manager via the NoWALL chatbot on Telegram.