• Home
  • About Us
  • KnowledgeBase
  • Merchant FAQs
  • News
  • Login
  • Home
  • About Us
  • KnowledgeBase
  • Merchant FAQs
  • News
  • Login
Home/Knowledge Base/Blockchain/Why is the blockchain fee so high?

Why is the blockchain fee so high?

9 views 0 July 14, 2024 octalas

The blockchain transaction fee is high to ensure the process is safe. The fee depends on the capacity of the transaction, the higher value users transfer via the system, the more they will pay for the transaction fee due to the larger size of data. An extra fee can be paid to accelerate the transaction through the exchange, basically, the transaction will be prioritized on the system.

The blockchain transaction fee will be sent to crypto miners to develop the system, eliminate the trash email, protect the data, and proceed with the transaction timely. There are many blockchain payment processors that charge different blockchain transaction fees on the internet that users could select to transfer crypto coins such as CoinPaid, Coinbase, BitPay, Coinpayments, and Octalas.

Specifically, Octalas is a well-known blockchain payment gateway that enhances the customer’s transfer process thanks to its 3-D security process, which will send an OTP to users in every transaction. Moreover, Octalas is recognized with the classification standard PCI DSS, which its system has to be checked monthly to ensure the quality of the network and stability. Users can require Octalas to modify the gateway display to meet their expected design. This blockchain-based payment processor is compatible with mobiles and computers and is monitored by a technical expert team to continually upgrade its functions.

Was this helpful?

Yes  No
Related Articles
  • How can blockchain be used in payments?
  • Is Octalas a blockchain?
  • What problems does the blockchain solve?
  • How many blockchain platforms are there?
  • What are blockchain platforms?
  • How safe is blockchain? / Blockchain is it safe?

Didn't find your answer? Contact Us

Leave A Comment

You must be logged in to post a comment.

Popular Articles
  • What is first-party fraud in banking?
  • Who is using blockchain? / Who uses the blockchain?
  • What banking apps have virtual cards?
  • How to get a Merchant Account?
  • Can chargebacks be illegal?
KB Category
  • Crypto Acceptance
  • AI Powered Chatbot
  • Mobile Payments
  • Instagram Chatbot
  • SEPA Transfer
  • Facebook Chatbot
  • Chargebacks And Fees
  • Lead Generation Chatbot
  • CVV
  • Blockchain
  • Crypto Fiat Settlement
  • Transactions
  • Merchant ID
  • Merchant Account
  • Payment Links
  • SoftPOS
  • Subscriptions
  • Octalas Prime
  • WorldPay Support
  • Virtual Cards
  • PAX Terminals
  • Payment Gateway
  • Ingenico Terminals

  How can blockchain be used in payments?

manual
At Octalas, our commitment to our clients is always at the forefront of everything we do. We strive for excellence in all aspects of our business, from providing tailored solutions to delivering exceptional customer service.
About Us
  • Our Value
  • Our Mission
  • Octalas Press
  • Code of Conduct
Octalas Brands
  • Octalas Group
  • Octalas Ireland
  • Octalas Global
  • Octalas Secure
  • Octalas Software
  • Octalas Prime
Quick Links
  • Merchant Banking
  • Intercharge++
  • Merchant Platform
  • Restaurant Mobile App
  • Privacy Policy
  • Terms of Use
  • © Octalas Support-2024. Octalas Ireland 747027 Powered By octalas.com. All Rights Reserved.