CoinsPaid Expands CryptoProcessing Payments with New Layer-2 Integrations: Arbitrum and Base

CryptoProcessing by CoinsPaid has introduced support for Arbitrum and Base, facilitating faster, more affordable, and efficient crypto payments for merchants.

CryptoProcessing by CoinsPaid, a prominent crypto payment gateway, has integrated Arbitrum and Base, two leading Layer 2 blockchains, to enhance transaction speed, reduce costs, and improve user experience. This integration supports ETH (Ethereum) and USDC (USD Coin) across both networks, enabling merchants to receive payments instantly with significantly lower fees while ensuring Ethereum-level security.

“The inclusion of Arbitrum and Base is a pivotal step in our effort to create seamless crypto payments at scale,” says Aliaksei Tulia, CTO of CoinsPaid. “These platforms provide our partners with instant transactions, reduced costs, and effortless scalability, which are crucial for businesses in high-volume or global markets. Our aim is to make crypto payments secure, commercially feasible, and frictionless on a large scale.”

Layer 2 blockchains serve as scalability solutions built on Layer 1 networks like Ethereum. They greatly enhance transaction throughput and lower costs while maintaining the security of the Ethereum mainnet. By adopting Arbitrum and Base, CryptoProcessing by CoinsPaid takes a significant step toward achieving quicker, cost-effective, and more user-friendly crypto payments.

Arbitrum employs optimistic rollup technology to substantially enhance transaction speed and reduce gas fees. This approach guarantees scalability without sacrificing Ethereum’s well-known security or smart contract compatibility. Base is a secure, Ethereum-compatible Layer 2 blockchain aimed at facilitating quicker and more cost-effective transactions. It is designed to make decentralized applications (dApps) more accessible by combining Ethereum’s strong foundation with user-friendly scalability.

The integration of Arbitrum and Base offers concrete advantages to merchants using CryptoProcessing by CoinsPaid:

• Faster settlements: near-instant payment confirmations
• Lower costs: significantly reduced gas fees on ETH and USDC
• Higher scalability for businesses conducting large transaction volumes
• Trusted security: Ethereum-level safety with improved efficiency

This integration highlights CryptoProcessing by CoinsPaid’s ongoing dedication to creating a payment infrastructure that connects traditional and decentralized economies, where performance, trust, and user experience are paramount.