Accepting payments in cryptocurrency using different cryptocurrency payment gateways is a great way to attract new customers and grow your business.
However, this often comes with some challenges. How are you going to accept the payment?
Where do you find the cryptocurrency payment gateway that works best for your business?
If you’re new to cryptocurrency and trying to figure out where to start, there are a lot of payment gateways out there.
While some of them are better than others, it’s important for you to know about them all so that you can choose what works best for your business.
In this article, we’ll take a look at some of the top cryptocurrency payment gateways and how they work.
Crypto.com is a global cryptocurrency payment platform that allows users to make and receive payments using cryptocurrencies.
The company was founded in Hong Kong in 2016, with offices in Singapore, London, and San Francisco.
It’s led by Kris Marszalek (CEO), who also co-founded another cryptocurrency exchange called Coinsetter.
The Crypto.com website features an automated checkout process for merchants who sell goods or services for cryptocurrency payments.
Your customers can input the amount they want to pay into your account and then select which currency they’d like to use as a payment method from the dropdown menu next to the “Pay” button on the checkout page.
This will automatically calculate all relevant fees before submitting the order form with all the details.
So no additional steps are required from the customer side except filling out basic information such as name, address, etc.
Coinbase is a digital currency exchange that lets you buy, sell and trade cryptocurrencies.
Coinbase has a mobile app, web app, and desktop app available here.
Coinbase supports Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC).
It also allows users to buy other digital currencies like Cardano ADA or IOTA MIOTA through their payment methods such as bank transfers or credit cards.
Bitpay is a bitcoin payment processor that provides merchants with an online tool to accept bitcoin payments.
The company was founded in 2011 and has been operating since then.
Bitpay’s main goal is to enable businesses to easily accept cryptocurrency payments through their platform.
This allows them to save on transaction costs and reduce fraud risks associated with traditional payment methods.
BitPay currently has over 1 million customers worldwide, which makes it one of the oldest payment providers in this field today.
As such, it offers solutions for all types of industries — from small businesses looking to start accepting cryptocurrency payments right away.
To those who already have their own system in place but want better visibility through its interface (such as e-commerce platforms).
The company also offers other services:
- Integration into point-of-sale systems like Shopify and Square Cash
- APIs (application programming interfaces) so third parties can integrate into their own applications using BitPay’s API
- Merchant tools like recurring billing plans or international support options if required by your business needs
CoinGate is a cryptocurrency payment gateway for merchants, offering a variety of payment options for merchants.
It allows you to accept Bitcoin, Bitcoin Cash, Litecoin, and Ethereum payments via your website or app.
CoinGate supports over 50 cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple XRP/XRP-USD & more.
You can also set up recurring payments using their API in order to increase revenue by charging customers less than once per month but at regular intervals throughout the year.
The company’s goal is to make it simple for you to accept Bitcoin, Litecoin, and Dash payments on your website or app.
CoinGate offers its customers the option to set up online storefronts through their platform so that anyone can buy products from them with cryptocurrencies like Bitcoin or Litecoin.
This allows users around the world who don’t have access to traditional banking systems (or those who want more privacy) because they are located outside developed countries where there are fewer regulations governing cryptocurrency usage.
Adyen is a global payment gateway that supports multiple currencies and payment types.
It provides merchants with an easy way to accept digital currency from their customers in more than 200 different countries.
Adyen also makes it simple for you to accept bitcoin on your website or mobile app by providing a single payment point for merchants to accept payments from more than 250 different payment methods across over 40 different regions worldwide:
a. Credit Cards – Visa, MasterCard, and American Express
b. Debit Cards – Visa debit cards issued by Citibank, Bank of America Merrill Lynch (Europe), BNP Paribas Fortis Card Services (Belgium), BBVA Compass Bank (US)
c. Apple Pay – Apple Pay is accepted at millions of stores worldwide through NFC-enabled devices like the iPhone 6s, SE, 8 plus, and above
d. AndroidPay allows you to pay with your Android smartphone anywhere there’s an NFC terminal near you.
6. Coinbase commerce
Coinbase Commerce is a payment gateway that allows you to accept Bitcoin, Bitcoin Cash, and Ethereum on your store.
It has a low 1% transaction fee and requires no signup or minimum order amount.
Additionally, Coinbase Commerce offers $10,000 monthly transaction limits (at the time of writing this) for merchants who have gone through their verification process (which includes passing a KYC check).
This means you can accept payments from all over the world without worrying about high fees or complicated regulations – just like with traditional credit card processing!
GoUrl.io is a cryptocurrency payment gateway that will allow you to accept Bitcoin and other cryptocurrencies for your business.
It’s secure, reliable, and easy to use – all the things we look for when choosing payment gateways.
GoUrl was created by the same people who founded BitPay (the world’s largest Bitcoin processor), so you know they’ve got your back when it comes to security and reliability.
They also offer over 150 different cryptocurrencies available through their platform.
Whether or not your business accepts only one type of coin as its sole form of payment or if it accepts multiple types simultaneously, there’s an option here for everyone.
Xsolla is a global payment gateway for digital goods and services with over 14 years of experience.
They offer payment methods for multiple regions, currencies, and languages.
With support in English, Japanese, Chinese (Simplified), Korean, and Spanish you can accept Bitcoin through Xsolla in multiple countries around the world.
Xsolla charges a flat 1% fee on all transactions that pass through their platform.
This includes both non-crypto payments like credit cards or PayPal as well as cryptocurrency payments like Bitcoin or Ethereum.
PayPal supports the native transfer of cryptocurrencies between PayPal and other wallets and exchanges.
This feature has been consistently ranked by users as one of the most requested enhancements since they began offering the purchase of crypto on their platform.
PayPal has also been granted a full Bitlicense by the New York Department of Financial Services (NYDFS).
This makes them the first company to convert a conditional Bitlicense into a full Bitlicense.
The approach showcases their commitment to responsible innovation and expanding the accessibility and utility of digital currencies while fully complying with regulatory guidelines and best practices.
Adding the ability to transfer, send, and receive cryptocurrencies is another step in their journey to building a more inclusive and effective financial system.
PayPal is a payment gateway that allows you to accept payments in cryptocurrency. It is trusted by millions of customers all over the world.
It’s one of the most popular payment gateways, and it’s easy to use.
For a step-by-step by step guide on using the crypto transfer feature, click here.
Paystand is a cryptocurrency payment gateway for e-commerce stores that lets you receive payments in Bitcoin, Ethereum, Litecoin, and other popular cryptocurrencies.
Paystand has a broad range of features that make it easy to integrate with your site:
They have a currency conversion rate where you can set the exchange rate using either your bank’s API.
Or through Paystand’s calculator (which will also let you know how much money will be charged by your bank).
This can help ensure that customers are getting paid correctly for the price they pay for products and services on your site.
Stripe is a US-based payment processor and software company.
It began as an online payment service in 2010 but has since evolved into a full-fledged business that offers its own cryptocurrency wallet, StripeConnect.
Stripe offers several different ways to accept bitcoin payments through their platform:
They have an integration with the popular Shopify e-commerce platform that allows you to accept bitcoin directly from your website or app using Coinbase’s API.
This integration costs $15 per month plus $0.25 per transaction, however, it will help you get started faster than other options.
It includes support for multiple currencies at once rather than just one currency like most other platforms do.
They also offer their own native cryptocurrency exchange called CryptoKit.
With this merchants can trade between different cryptocurrencies without having any knowledge about how these things work themselves.
There are many payment options when it comes to cryptocurrencies.
The best way to find the right one for your business is by doing some research and looking into the pros and cons of each platform.
If you want more information on how blockchain technology works or want an alternative way to pay with cryptocurrency, check out our website and stay up-to-date with everything crypto.