UMVA Pay | Journalistic Report Page 1 UMVA Pay Targets Global Businesses with Crypto Payment Gateway Supporting More Than 50 Coins

The platform supports more than 50 cryptocurrencies, including Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), BNB, Ethereum (ETH), Solana (SOL) and Dogecoin (DOGE). This allows customers to pay using cryptocurrencies they already hold, while merchants receive the equivalent value in USDT through the TRC20 or BEP20 networks.

According to UMVA, the service is designed to simplify cryptocurrency payments by removing the need for businesses to manage multiple digital currencies or develop complex payment infrastructure.

The company says businesses can integrate the gateway into their websites and applications through a REST API, supported by technical documentation, code examples, Instant Payment Notification (IPN) webhooks and a sandbox environment for testing.

UMVA says most developers can complete the integration in less than 30 minutes, depending on the technical requirements of the business.

Transaction fees and payment processing UMVA Pay charges a transaction fee of 1.5 per cent, deducted from the amount received by the merchant. The company says there are no setup charges, monthly subscription fees or long-term contracts, allowing businesses to discontinue the service at any time.

Customers are responsible for applicable blockchain network fees, rather than merchants, according to the company. Businesses processing large transaction volumes can also contact UMVA to discuss customised rates.

The platform is also designed to reduce exposure to cryptocurrency price fluctuations. By automatically converting incoming payments into USDT, UMVA says merchants can avoid holding multiple volatile cryptocurrencies after completing a sale.

USDT is a stablecoin designed to maintain a value equivalent to the US dollar, although its stability depends on the issuer, reserves and market conditions.

Addressing the growing challenge of chargebacks Reducing payment disputes is one of the main advantages UMVA highlights in promoting cryptocurrency payments.

Global chargeback volumes are projected to increase from 261 million in 2025 to 324 million by 2028, while their associated value is expected to rise from $33.8 billion to $41.7 billion, according to figures cited in the company's promotional material.

Chargebacks can create additional costs for businesses, including administrative expenses, payment processing fees and potential revenue losses.

UMVA Pay | Journalistic Report Page 2 UMVA argues that cryptocurrency transactions offer an alternative because blockchain payments are generally irreversible once confirmed. Unlike conventional card payments, they do not provide the same chargeback mechanism.

However, transaction finality does not eliminate every form of customer dispute, fraud or legal obligation. Businesses may still need to address complaints, refunds and consumer protection requirements.

Designed for businesses and developers UMVA Pay targets businesses operating across different sectors, including e-commerce stores, software-as-a-service (SaaS) providers, digital goods sellers, gaming platforms, freelancers, content creators, charities, travel companies and artificial intelligence service providers.

The company also highlights its onboarding process, saying businesses can begin accepting cryptocurrency payments without lengthy registration procedures.

For developers, the REST API provides a way to connect payment processing to existing websites and applications. The sandbox environment allows businesses to test payment operations before launching the service.

UMVA also advertises round-the-clock customer support through WhatsApp, live chat and ticket-based assistance.

Expanding access to international digital payments The introduction of UMVA Pay reflects growing interest in alternative digital payment methods as businesses increasingly serve customers across national borders.

For online businesses, accepting multiple cryptocurrencies could provide another payment option for customers who may not have access to international banking services or conventional card payments.

Nevertheless, cryptocurrency services operate within different regulatory frameworks depending on the country. Businesses dealing in digital assets, particularly gaming, trading and financial services, may need to assess applicable licensing, taxation and consumer protection requirements before adopting such payment systems.

Through UMVA Pay, the Rwandan technology company is positioning itself in the international digital payments market, offering businesses a gateway that combines multi-cryptocurrency acceptance, USDT settlement and developer integration tools.

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