Entry data from the Client’s side:
The Client asked FinCraft for competent assistance to process and complete the payment for server hosting services. The idea was that the service provider asked for fiat, but our Client was able to pay in crypto only. The amount was solid, so the process required crypto-fiat financial operations by the side of the FinCraft reputable and reliable processor.
The solution offered and applied from the FinCraft’s company side:
The Client has a crypto account with the opportunity to pay funds from the e-wallet instead of fiat. The task of the FinCraft team was to provide this customer with the best-matching solution. The most relevant scenario was to consider the Client’s crypto as an alternative source of assets to convert into fiat to pay for the server hosting services.
For this purpose, the following steps were undertaken by qualified specialists of the FinCraft company:
1
The Client got ready with all the payment details to initiate the transaction. The cryptocurrency amount was sent to the FinCraft financial experts.
2
The Client received the approval of received crypto funds from our company. Additionally, the invoice from the Client’s partner was sent to FinCraft to complete the payment in fiat for server hosting services.
3
FinCraft formed and sent the payment confirmation in the form of an official paper to provide the Client with guarantees about the undergoing transaction in USDT as the service provider asked.
4
The FinCraft financial specialists processed the transactions to pay fiat according to the banking details (in the invoice) specified by the Client. The service provider received the required sum in euros within several banking days.
5
The Client got the receipt to confirm that employees received the required fiat amounts (the payment of the server hosting services).
Finally, all the parties stayed pleased with the result of the payment processing by FinCraft. The Client asked our specialists about planned financial operations quarterly. As the service provider asks for payments one time each 3-4 months, FinCraft will be able to help our client with crypto-fiat transactions according to the above-described scenario.
