PayCek is a Croatia-based cryptocurrency payment processor developed by Electrocoin that enables merchants to accept crypto payments with euro (EUR) settlement. The platform supports six cryptocurrencies and allows businesses to accept digital assets while receiving payment in fiat currency.
Key Features
- Accepts 6 cryptocurrencies: BTC, ETH, XLM (Stellar), EOS, XRP, and DAI
- Merchants receive euros (EUR) — no crypto exposure required
- Free to integrate and use for merchants
- Online and in-store payment acceptance
- Integration with traditional payment methods including credit cards
- Developed by Electrocoin, a European crypto company
How It Works
PayCek processes cryptocurrency payments on behalf of merchants, handling the blockchain transaction verification and converting the received cryptocurrency to euros for settlement. The merchant receives fiat currency in their bank account, while the customer pays with their preferred cryptocurrency. This eliminates price volatility risk for the merchant while offering customers the ability to pay with digital assets. The platform is free to integrate, making it accessible for businesses of all sizes.
Best Suited For
European merchants, particularly in Croatia and the EU, who want to accept cryptocurrency payments while receiving euro settlement without exposure to crypto price volatility.
