In partnership with Banxa, NOWPayments offers a wide range of industries an easy and effective way to accept fiat payments.

Fiat payments are automatically converted into cryptocurrencies and transferred directly to your NOWPayments custody balance, ensuring a smooth and hassle-free process.

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Each fiat-to-crypto transaction incurs the following fees:

  1. Banxa Fee: A fee charged by Banxa for processing the fiat-to-crypto transaction.
  2. 0.5% NOWPayments Service Fee.
  3. Deposit Fees: Fees associated with the blockchain network for processing the transaction. </aside>

Banxa Conditions

🌎 Coverage

💳 Fees and Payments Methods

🚫 Prohibited Industries

🚫 Customer Payment Limitations

🔍 KYB

🔒 KYC

🔄 Refund Process

How To Apply

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Note: On-ramp activation is available only for partners with Custody enabled.

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  1. Go to **Settings > Fiat operations > On-ramp** via your dashboard
  2. Click on the Activate button next to Banxa and fill in the application form.

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  1. Fill in the brief application form and submit it.

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  1. Our team will review your information and contact you within 3 business days regarding the next steps of the onboarding process.
  2. Additional documents related to your company may be required for the KYB (Know Your Business) process. We will guide you on what specific documents are required.