NOWPayments partners with Switchere to roll out a new fiat payout solution. The solution allows the merchants to withdraw any amounts of cryptocurrency in fiat starting from 15 EUR up to unlimited volumes. This feature can be used by any business that is eager to test crypto payments for the first time and wishes to withdraw crypto to fiat currency fast, easily, and from any part of the world.

Features and benefits of the Fiat Withdrawals

Fiat withdrawals provided by NOWPayments and Switchere have many benefits for business owners & merchants.

• Simple registration
  To withdraw a small amount of fiat, merchants only need to fill in their phone numbers and email
• Short verification process
  48 hours to activate the fiat Withdrawals option
• Fast and automatic transactions
• Supported by SEPA
• Withdrawal amounts start from 15 EUR and reach no upper limits
• Most popular cryptocurrencies are supported

How to use Fiat Withdrawals in NOWPayments service?

1. Before making a withdrawal, the merchant must register and verify with our partner Switchere — a safe, licensed, and trusted crypto exchange service.
2. Then, the merchants should enter the same email in the NOWPayments account that they registered on Switchere.
3. Once registration is done, merchants can cash out to fiat as often as they want without any more doublechecks. Everything will work automatically and money will land in the chosen bank account.

Supported cryptocurrencies for fiat withdrawal:

• BTC
• ETH
• XRP
• LTC
• BCH
• XLM
• AAVE
• EOS
• LINK
• OMG
• UNI
• YF

ABOUT NOWPayments
NOWPayments is a crypto payment gateway that lets you accept crypto payments in 100+ cryptocurrencies. It also offers a Mass Payments solution. Regardless of what crypto customers pay with, merchants can choose to accept the coins they prefer—NOWPayments converts them automatically.

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ABOUT Switchere 
Switchere crypto swaps are characterized by fast speed and maximum efficiency — you are able to purchase Bitcoin in the fastest and most convenient ways at the best exchange rates and without any extra charges.

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RESOURCES
NOWPayments

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