Freedom Blog

Turn Your Community into a Business with Payment Ramps

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Building a strong online community is a fantastic achievement. You've fostered a space for connection, shared interests, and valuable discussions. But what if you could take it a step further and turn that community into a sustainable business model? That's where payment ramps come in.

WHAT IS A PAYMENT RAMP?

Think of a payment ramp as a bridge between your community members' preferred payment methods and the platform you use to receive funds. With a payment ramp, your members can pay you seamlessly, regardless of their location or preferred payment method.

It removes the friction and frustration often associated with international transactions or unfamiliar payment gateways. 

WHY YOU NEED A PAYMENT RAMP

Integrating a payment ramp into your community's monetisation strategy offers several compelling reasons:

  1. Break Down Geographical Barriers: Attract members from all over the world by accepting payments in their preferred currencies and through familiar methods like credit cards, e-wallets, and local payment options.
  2. Boost Your Income: By removing payment hurdles, you open your offerings to a wider audience, potentially generating significant revenue growth.
  3. Happy Community, Happy Business: A smooth and familiar payment process keeps your members happy and fosters trust within your community.

HOW PAYMENT RAMPS BENEFIT YOU

A payment ramp provides numerous advantages, including flexibility to accept payments from various sources like credit cards, e-wallets, and local payment methods popular in specific regions. It prioritizes security, ensuring safe transactions for both you and your members. Additionally, it offers convenience by allowing you to manage your finances efficiently with consolidated payouts and clear transaction records.

WANT TO GROW A COMMUNITY YOU CAN MONETISE?

Introducing Freedom World, a platform designed to empower you to build a thriving community while managing seamless payments. Here's what our platform Freedom World offers:

  • Sell Directly to Your Community: 
    • Leverage Web3 technology to power a secure and user-friendly e-commerce platform within your community.
  • Effortless Payment Processing: 
    • Accept payments from your community members using various convenient methods.
  • Financial Management: 
    • Monitor, manage, and withdraw your earnings with ease.
  • Flexibility: 
    • Choose between receiving your payouts in fiat currency or cryptocurrency.

Success Stories from Freedom World: Raja Ferry

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Raja Ferry, a leading ferry service provider in Thailand, demonstrates the power of Freedom World in enhancing customer experience. Here's how they leverage our platform's features:

BOOSTING LOYALTY WITH TOP-UPS

Raja Ferry uses Freedom World's top-up function to incentivise customers. Customers can conveniently top up their RAJA points with Thai Baht, which they can then redeem for ferry tickets. This not only simplifies payments but also encourages repeat business.

SPECIAL PROMOTIONS MADE EASY

Freedom World's platform facilitates running promotions like Raja Ferry's "Buy 1 Get 1 Free" offer for tickets purchased with RAJA points through the Freedom World app. This attracts new customers and increases sales.

GET STARTED ON MONETIZING YOUR COMMUNITY

Follow these simple steps to set up your payment ramp with Freedom World:

  1. Go to Freedom Console website and click on Payment ramp
  2. Select your preferred settlement currency (fiat or crypto)
  3. Scan QR code to continue on your mobile device
  4. Wait for KYC approval. Once approved, the payment ramp feature will be activated
  5. If KYC is not approved, this is because:
    • More information might be required
    • KYC is rejected (check your email for rejection reason)

Ready to take your community on a new business journey? Sign up to join us!