ForumPay, a crypto payment infrastructure company, has introduced a new payment flow that lets customers pay with any Visa or Mastercard, and in selected markets, via bank transfer. The move gives merchants a way to accept these traditional payment methods without building the rails themselves.
The company announced the new flow this week, positioning it as a way for merchants to broaden their payment options. Instead of forcing customers to pay in crypto, merchants can now accept cards or bank transfers, with ForumPay handling the conversion and settlement.
One flow for cards and bank transfers
The new flow lets customers initiate purchases using their card or, in certain regions, a bank transfer. ForumPay says the funds are routed automatically through its infrastructure, so the merchant doesn't have to juggle multiple payment processors.
For a customer, that means they can buy goods or services with a payment method they already use. For a merchant, it means they can reach buyers who don't hold crypto or who simply prefer to pay with a card.
The significance for merchants is straightforward: they can now offer a payment option that many customers already use. Instead of forcing buyers to pay in crypto, the merchant can accept Visa, Mastercard, or a bank transfer, and ForumPay handles the conversion and settlement behind the scenes.
That's a meaningful shift for a crypto payment company. It's not just about moving digital assets; it's about making crypto payments work alongside the traditional financial system.
How the routing works
ForumPay's infrastructure automatically routes the funds from the customer's chosen method to the merchant. That means no manual steps, no separate integrations for each payment type. The company says the flow is designed to be plug-and-play for merchants already using its platform.
The automatic routing also means the merchant doesn't have to worry about which payment method the customer picks. The system handles it, whether it's a card swipe or a bank transfer.
Selected markets first
Bank transfers are available in selected markets, while card payments are open to all customers. ForumPay didn't specify which markets, but the option is there for merchants who want to offer it.
The company says the new flow is live now, and merchants can integrate it into their checkout. That's the next step: getting the flow into the hands of merchants who want to offer it.
