ForumPay Launches In-App Crypto Payments, Subscription Billing

ForumPay, a leading crypto payment gateway, has introduced two groundbreaking features to its platform. The company has become the first to enable fully in-app crypto payments, allowing for seamless mobile purchases. Additionally, ForumPay has launched an exclusive subscription payment functionality, enabling developers and businesses to initiate recurring payments for various services, including memberships, gaming, apps, and streaming platforms.

ForumPay's latest innovation includes in-app crypto-to-fiat payment functionality for both iOS and Android devices. This development follows a recent U.S. court ruling that lifted restrictions on in-app payments outside traditional app store systems. With this new feature, developers and businesses can accept payments in major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), USDT, and USDC, while receiving local fiat currency of their choice. The plug-and-play widget can be embedded directly into applications, enhancing user engagement and convenience by eliminating the need to navigate away from the app.

In addition to in-app payments, ForumPay has introduced recurring payments for Subscription Plans. Merchants can now accept crypto payments for subscription-based billing directly from their Merchant Dashboard or via API integration. This feature allows merchants to define key parameters such as subscription amount and billing cycle, automate renewals, and maintain real-time visibility over subscriptions. Webhook notifications ensure merchants are instantly informed of any changes, enabling them to target subscribers and initiate retention strategies. Proactive reminder emails are sent to subscribers to maintain engagement, and additional features include customizable auto-acceptance options and comprehensive reporting.

Joshua Tate, ForumPay Co-Founder & Chief Executive Officer, expressed excitement about the launch of the SDK package for Apple in-app purchases, a development the company has been preparing for since completing its first full in-app integration in 2022. These new solutions are part of ForumPay's secure and proven payments ecosystem, delivering reliability and peace of mind to merchants and users. The innovations enhance crypto utility and position digital currencies as a mainstream payment option for various industries, including gaming, streaming, trading, e-commerce, and subscription-based services.

ForumPay's wallet-agnostic solution enables crypto consumers to spend their preferred cryptocurrency from any wallet for everyday goods and services to luxury items. The company eliminates merchant exposure or risk by processing transactions with instant crypto-to-cash conversion, ensuring a seamless and secure transactional experience similar to accepting other popular payment methods. Merchants receive payments in the currency of their choice directly into their bank account, making the process simpler, faster, and more secure.