For online shops looking for a reliable solution for crypto payment, this gateway offers integrated services for Shopify, WooCommerce, Magento, and OpenCart. It supports cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dogecoin, USD Coin, and DAI. High transaction fees may make customers less excited about paying in crypto. Some even have fees substantially lower than what you’re paying for credit card processing or even ACH payments, particularly for high-value transactions.
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. GoURL is an open-source payment gateway for cryptocurrencies that successfully protects the anonymity of its users. Though it does not support direct bank transfers, it takes only 30 seconds to complete payment.
We curated a list of metrics to evaluate crypto platforms based on their services, user experience, security and customer support, payment gateways and charges, pricing and promotions. Visit our Review Methodology page to learn more about how we review each crypto platform. CoinPayments has been working in the industry since 2013 and is now one of the most preferred payment gateways. It serves as a digital payment platform in more than 200 countries and helps users to make payments in cryptocurrencies. CoinPayments has a multi-coin wallet feature and also supports a mobile PoS system.
As the gateway runs on a blockchain, there is no need to provide personal transaction details. Virtual currencies ruled the world of payments with their great beneficial factors and many newbies entered into the crypto ecosystem after realizing their true potential. At the initial stage, cryptos are used only for trading and fundraising.
A combination of these two aspects makes Spectrocoins become a heavily used
gateway in developed economies such as Italy, Australia, France, etc. Spectrocoin has a high level of compatibility with almost all the popular eCommerce CMS platforms such as Magento, OpenCart, PrestaShop, VirtueMart, WooCommerce, etc. With Cryptomus it’s all possible — sign up and manage your cryptocurrency funds with our handy tools.
Withdrawals made using cryptocurrency payment gateway development services take two to three business days to appear in your bank account. Users accept cryptocurrency payments through a payment gateway, a compatible wallet, or an NFC-enabled product. Crypto payment gateway CoinsPaid enables online companies to make simple, fast and convenient payments with customers and to accept crypto payments. What should those businesses do, following the example of countries and payment giants that decided to start accepting crypto payments? The first thing to start accepting online payments is to choose the right crypto payment processor.
For those reasons, we can’t put Blockchain’s solution as high in our list as previously mentioned services. In addition to technical complexity, Blockchain only provides a wallet address and not the actual processing solutions. It has more than 50 supported coins and various easy-to-implement https://www.xcritical.in/ solutions for website owners. CoinsPaid was awarded payment provider of the year and payment innovation of the year, so it will be a fine addition to your business or company. The Gateway will allow you to receive digital funds in your wallet and then manage them as you wish.
Governments still can’t manipulate the value of cryptocurrencies, which is both a risk and a benefit. On the one hand, cryptocurrencies are a hedge against monetary inflation. But the value of popular crypto is exceptionally volatile, and for many business owners, that risk level makes cryptocurrency unattractive. AlfaCoin supports major cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Litecoin, Ethereum, Tether ERC-20, and XRP.
Payment gateway which accepts Bitcoin as a payment also known as a Bitcoin payment gateway. These payment gateways accept different cryptocurrencies including Ethereum, Altcoins, Litecoin, Ripple, Bitcoin Cash, etc. While they’re still a bit rough around the edges, crypto payments can be a cheap way to process non-cash payments at a time when the costs of credit card transactions are ballooning.
- The rise of blockchain technology in various industries, such as healthcare, academia, supply chains, and more, is increasing.
- It supports all virtual assets for payments like bitcoin, Ethereum, USDT, Matic, Cardano, Solona, and other cryptos.
- On the one hand, cryptocurrencies are a hedge against monetary inflation.
- However, the challenge of selecting the best cryptocurrency payment gateway is to find a payment processor that fits a business need, as a bad payment gateway may significantly affect sales.
- It is already used by 1,000’s businesses worldwide to accept payments in bitcoin and other cryptocurrencies.
- There are many other ways to accept crypto payments, but people prefer payment technology that simplifies complicated things in this competitive world.
At the time of writing this article, they support all major CMS and E-commerce websites such as Shopify, WooCommerce, Magento 2, Zencart, OpenCart, and WHMCS. You can also generate crypto invoices and get paid from your freelancing job clients. The crypto payment solutions pricing of NOWPayments is based on the volume your store will carry. If you want to accept online donations in cryptocurrency, you can utilize its digital tools. This website is using a security service to protect itself from online attacks.
BitPay is one of the early crypto payment gateway platforms to offer crypto payment services to businesses. Its primary feature is, it protects users from the volatility of cryptocurrencies. When the transaction gets initiated, BitPay locks in the exchange rate so that the receiver gets the exact value of the deposit. This cryptocurrency payment gateway receives rave reviews for its customer service. It offers payouts in USD and charges a flat 1% fee on all transactions.
The payment gateway then processes the transaction by converting the cryptocurrency into the merchant’s local currency and depositing it into the merchant’s bank account. This allows merchants to receive payments in cryptocurrency but still receive the funds in their local currency, avoiding any volatility issues. Crypto.com cryptocurrency payment processors allow merchants to access the global crypto economy.
When you pay in an offline shop, this software is built into a point-of-sale (POS) system or card reader that processes a transaction when the cardholder pays by card. This payment processing company promotes itself as a safe solution for businesses willing to accept cryptocurrency as a payment method. By the way, please note that if you accept crypto payments via Shopify, you’ll still be charged a Shopify transaction fee unless you also activate Shopify Payments. Its easy-to-use interface and reliable features
are tailored specifically for the intricacies of businesses. Coinbase, as you might think, also provides a bitcoin payment gateway for merchants to use. WooCommerce and Shopify are both supported by Coinbase Commerce – that is great if you already work with these platforms.