From online payments to offline transactions, you can collect Bitcoin payments across all channels and mediums through On-chain/Lightning networks. A crypto currency gateway is a service that allows merchants to take crypto payment online or at point of sale. Whether through your payment gateway, your crypto wallet, or even a manually updated record, you’ll want to make sure you keep track of your crypto payment processing for both tax and investment reasons. AlfaCoins gives you a lot of control over what happens during a transaction. You’ll get limited volatility shielding; your exchange rate is fixed for 15 minutes after an invoice has been generated. The CoinSplit feature allows you to designate a portion of an invoice to a particular crypto, allowing the rest to be paid in a different currency (including fiat).
The company also provides cutting-edge security measures, such as two-factor authentication, ensuring users’ funds are protected, and enabling instant fund access. Shopify gateway is an e-commerce payment gateway and is one of the most trusted ones in the crypto market today. Aside from the API, the NOWPayments products include a widget, an assortment of buttons, and a range of plugins, like the one for WooCommerce, WHMCS, and OpenCart. NOWPayments is aiming to make each product work for merchants’ special needs, the button is fully customizable and the team is working on bringing new products to the list.
Your wallet is well-protected, but you decided to create a “hardware copy” that stores the wallet’s credentials and isn’t connected to the Internet. PaymentCloud specializes in difficult-to-place merchant accounts for credit card processing. Here are some issues to be wary of before you start accepting payments in crypto. If you want to accept online donations in cryptocurrency, you can utilize its digital tools. This noncustodial and easy-to-use gateway solution supports over 100 cryptocurrencies and converts cryptocurrencies into fiat currencies.
BitPay is a popular cryptocurrency payment processor that enables businesses to accept Bitcoin, Bitcoin Cash, Ethereum, and stablecoin payments. The platform supports more than 40 languages and has a variety of capabilities, such as interfaces with leading e-commerce platforms and point-of-sale systems. Coinremitter is a cryptocurrency payment processor that lets merchants process errorless, fast and secure crypto transactions. Get the benefits of crypto payment gateway services for your business.
Crypto payments can be a cheap way to process non-cash payments at a time when credit card costs are ballooning, but they’re also extremely volatile. This payment gateway supports payouts, retail payments, and billing. For retail payments, BitPay uses a QR code invoicing system. Every transaction on this platform will cost you a 1% charge. It’s best to compare them to see which fit your needs the most.
Integrating cryptocurrency payments into your existing system couldn’t be easier. Binance Pay is a contactless, borderless and secure cryptocurrency payment technology designed by Binance to let people all over the world pay and get paid in crypto. With Binance Pay, anyone can have that crypto lifestyle with ease.
Must See Videos About Global Cryptocurrency Payment Provider
While crypto gateways generally offer merchants lower fees, NOWPayments are some of the lowest available, provided you don’t mind settlement in the same currency you were paid in. You don’t technically need a crypto payment gateway to accept a crypto payment. Cryptocurrency can be transferred peer-to-peer between wallets with hashes (which can be copied, pasted, texted, or emailed) via crypto apps or QR codes. For online shops looking for a reliable solution for crypto payment, this gateway offers integrated services for Shopify, WooCommerce, Magento, and OpenCart.
You can track what traffic and to whom it sends at any time. You can accept payments from multiple brands of your businesses and keep track of each separately. The crypto gateway payment and the BitHide crypto wallet are hosted on your server. Although blockchain cryptocurrency payment gateway transactions are considered untraceable, it’s not true. Only a few gateways can mess up the trace in such a way that no third parties can decipher it. For instance, BitHide uses the Dark Wing technology based on the simultaneous handling of VPN and TOR.
By using their token, you will receive up to 50% fee reduction for your business. The best crypto payment gateways provide convenient interfaces for accepting multiple types of cryptocurrencies, flexible settlement options, and low fees. Here are the best crypto payment gateway providers, including Coinbase Commerce, BitPay, and CoinGate. A crypto payment processor is a tool that allows businesses to accept payments in cryptocurrency for their products or services. It acts as a mediator between the buyer, the seller, and the blockchain network, ensuring the transaction is completed securely and efficiently.
If you are looking for a highly secure payment gateway, try BitHide, it’s one of the best anonymous payment gateways on the market. However, crypto payment processors can grant other perks apart from serving regular transactions. For example, BitHide assures the complete anonymity of the transactions, so you and your clients will remain unknown if you keep your private keys safe. Additionally, the tool helps simplify accounting and the management of multi-merchant accounts. Businesses that want to accept coins must incorporate the cryptocurrency gateway into their platform or application.
How Do I Accept Payments With Cryptocurrency?
To keep pace with the rapidly-evolving cryptocurrency industry, hundreds of cryptocurrency payment gateways have emerged. When it comes to choosing a payment gateway for your business, it’s wise to go for a highly secure and beneficial platform. Using wallets and cryptocurrency payment gateways running on third party servers, you risk revealing your identity or losing funds at any time. Another disadvantage is that using a crypto payment gateway comes at a higher cost as compared to directly transferring payments on the blockchain. This is because crypto payment gateways are intermediaries that charge their own fees on top of the transaction fees incurred on a blockchain network.
- However, that’ll cost you a 3.5% transaction charge, while for payments through Bitcoin or altcoins on a website, GoURL will charge you a 1.5% fee.
- Its auto-withdrawal feature transfers the cryptocurrency to your own wallet without any extra fees.
- The supported currencies and tokens include Bitcoin, Ethereum, Ripple, Litecoin, Dogecoin, and so on.
- So far, it has helped over 550+ merchants & businesses process 10,952+ transactions across 21 countries worldwide.
- But because more than 99% of the U.S economy consists of small businesses, it’s possible that not every business owner will understand or trust cryptocurrency.
The platform has a number of features, such as an easy-to-use interface and interfaces with leading e-commerce platforms. The payment processor receives the digital currency and instantly converts it into fiat money, based on what the cryptocurrency’s market value is at the time. Then, the exact amount of fiat money is transferred to the merchant’s account. From there, the money can be transferred to a designated bank account. Save this list of the top 13 cryptocurrency payment gateways in your bookmarks for quick reference whenever you’re in search of a quality payment solution to integrate into your business.
What Is a Cryptocurrrency Payment?
Coinremitter is an all-in-one crypto payment gateway that provides a well-rounded solution for merchants looking for a comprehensive suite of crypto payment services. Best of all, our transaction and processing fees are among the lowest in the market, ensuring maximum value and profitability for your business. This is why, at least for the time being, crypto payment gateways are so important. A crypto payment gateway can provide an easy way for a merchant to adopt crypto, without the hassle of having to maintain a crypto wallet and convert digital currencies into fiat money.