ForumPay, a cryptocurrency payment infrastructure provider, has introduced a new payment flow allowing customers to complete purchases using any Visa or Mastercard card as well as bank transfers in selected markets. The funds are routed automatically through the company’s existing systems.

How the New Payment Flow Operates

Under the updated process, customer payments made via cards or eligible bank transfers are converted into cryptocurrency and handled through ForumPay’s established infrastructure. The crypto is then converted and settled according to each merchant’s pre-set preferences. Merchants continue to receive the precise amount stated on the invoice. For instance, a $100 invoice results in exactly $100 credited to the merchant’s designated bank account.

This structure means businesses can offer additional payment methods at checkout while maintaining their current operational setup. ForumPay handles the conversion and settlement steps, so merchants do not alter their existing account configurations to accommodate the new options.

Reduced Compliance and Cost Exposure

Traditional card acceptance often requires merchants to register as card-accepting entities. That process typically involves chargeback liability, PCI DSS compliance obligations, fraud management duties and more intricate settlement procedures. These requirements become particularly demanding for companies active in multiple markets.

ForumPay’s approach removes the need for merchants to take on those responsibilities. The company passes the extra costs associated with card and bank transfer processing directly to the customer. As a result, merchants incur only the standard fees that apply to any crypto transaction processed on the platform.

Company Background and Settlement Features

ForumPay positions itself as a full cryptocurrency-to-fiat payment technology provider. Its core systems support merchants seeking to attract customers, streamline spending and grow revenue. The solution is wallet-agnostic, enabling users to spend preferred cryptocurrencies from any wallet on everyday purchases as well as higher-value items such as automobiles, real estate and private jets.

Transactions undergo instant crypto-to-cash conversion. Merchants receive funds in their chosen currency deposited directly into their bank accounts. The firm states that the overall experience is intended to feel comparable to conventional cash, card or bank transfer acceptance, with added speed and security. Settlement occurs according to the preferences already configured by each merchant, and the infrastructure supports online, in-store and in-app channels.

The addition of card and bank transfer capability is presented as a step toward connecting conventional payment rails with crypto-based processing. Businesses gain wider payment flexibility at the point of sale without expanding their compliance footprint or absorbing related operational costs.