From headlines about Bitcoin to whispers of “Web3,” it can feel like a tech jungle out there. But what if accepting crypto was actually easier than traditional payments?
That’s the promise of Bankful’s new crypto-native wallet-to-wallet payment solution. Designed with simplicity and flexibility in mind, this new feature allows merchants to accept direct crypto payments—without needing to become a blockchain expert.
What Is Wallet-to-Wallet Payment?
A wallet-to-wallet payment means your customer sends crypto (like ETH) directly to your wallet. No banks. No card processors. No middlemen. It’s peer-to-peer, fast, and verifiable on the blockchain.
A direct crypto transaction between the customer's wallet and your business wallet. No banks. No intermediaries. Just fast, peer-to-peer payments recorded on the blockchain.
With Bankful, here’s how it works:
- Customer selects “Pay with Crypto” at checkout.
- They scan a QR code using their wallet app (like MetaMask).
- The crypto is sent instantly to a secure Vault inside your Bankful dashboard.
- You control when and where to withdraw those funds—to your wallet, to an exchange, or just hold them.
Why it matters
This payment method solves real-world pain points:
- No chargebacks: Crypto payments are final and irreversible, eliminating disputes and fraud.
- Instant settlement: No more waiting 2-3 days for card payments to clear—funds arrive in seconds.
- Lower fees: Just 1% + gas, with no card network or interchange fees.
- Borderless transactions: Accept payments from anyone, anywhere in the world with an internet connection.
Traditional payment systems are full of friction: intermediaries, settlement delays, risk holds, chargeback liabilities, and high fees. Bankful’s crypto solution simplifies everything, making transactions as seamless as a handshake.
Who Should Use This?
Bankful’s crypto payments are ideal for:
- High-risk merchants tired of getting shut down by traditional processors or paying excessive fees.
- Global sellers who want frictionless cross-border payments.
- eCommerce brands looking to stand out by offering crypto at checkout.
- Crypto-forward businesses already accepting ETH or looking to tap into a new generation of crypto-native buyers.
What Makes Bankful Different?
While some platforms bolt on crypto options as an afterthought, Bankful built this feature natively. That means tighter integration, smoother user experience, and full transparency.
Our wallet-to-wallet architecture leverages Ethereum-based smart contracts, providing merchants with full control over withdrawals. This is not a custodial solution. You remain in charge of your funds, your vault, your choices.
Bankful is also expanding its supported wallet types, with MetaMask live and Coinbase Wallet and WalletConnect coming soon. Our roadmap includes stablecoins, Polygon support, and real-time currency conversion.
| Feature | Traditional Payments | Bankful Crypto Solution |
|---|---|---|
| Settlement Time | 2-3 business days | Instant (seconds) |
| Chargebacks | Common | Low to none |
| Transaction Fees | 2.9% + $0.30 (avg) | 1% + gas |
| Global Access | Limited by banks/networks | Open to anyone with a wallet |
| Fraud Risk | High | Low |
| Bank Involvement | Required | None |
| Currency Conversion | Often needed + fees | Native or real-time conversion |
| User Experience | Checkout forms, redirects | Seamless QR code interaction |
Getting Started Is Easy
If you’re already a Bankful user, just:
- Log into your dashboard.
- Activate crypto payments.
- Connect your MetaMask wallet.
If you’re new to Bankful, setup is simple. You don’t need to know blockchain code, manage private keys manually, or navigate technical rabbit holes. We guide you through everything.
Crypto doesn’t have to be complicated. With Bankful, it’s just business. You get faster payments, fewer fees, and total control—all wrapped in a modern, secure platform you already trust.
The future of commerce isn’t coming. It’s here.
