How To Build A Secure Crypto Payment Gateway Like Bitpay In 2022 Complete Guide by Emma Isabella CryptoStars

Some payment gateways provide both personal wallets and exchange or conversion services. You can connect an existing wallet to bypass exchanges and save money you would have spent on transactions in the long run. You must be asking yourself how crypto payment gateways can ensure you offer your customers the option to pay using their preferred crypto. A detailed analysis of all payment gateways presented above provides us with observations into what ends up making a crypto payment gateway superior to the rest. It combines low fees, simplicity of inclusion for vendors and sellers, and a large array of
features and functionality.

You can accept crypto payments in any amount from any customers, without having to disclose your identity and payment details. Besides its gateway services, Coinsbank also offers an exchange trade platform for customers to gain maximum profits at minimum risks. The cryptocurrency market has been expanding at a pace like never before. Note, however, that ALFAcoins currently does not support currency conversion (neither for fiat currency nor other cryptocurrency types). This means it also does not have the ability to deposit funds into your bank account. Checkout with crypto is automatic as long as the customer has a PayPal cryptocurrency account and sufficient funds equivalent to the transaction amount in the local fiat currency.

Which payment gateway is best for cryptocurrency

Coinsbank, in addition to its gateway services, provides an exchange trade platform for customers to maximize profits while minimizing risks. Unlike other payment gateways, this software is fully integrated on your website to make payments without directing you to another page. The website will automatically receive your user payment information immediately. Speed, safety, and good teams are the three principal aspects of SpicePay. SpicePay has shown active involvement in the advancements of cryptocurrency since 2009.

Which payment gateway is best for cryptocurrency

This will take them to the crypto platform website to complete the payment and return to your store once the transaction is completed. Coinbase Commerce is Coinbase’s merchant services feature that allows small businesses to accept cryptocurrency as an alternative payment method. As the largest centralized cryptocurrency exchange market in the US, Coinbase supports a long list of cryptocurrency options.

So, crypto payment gateways have future growth potential with more payment applications. Veem, a payment processor established in 2014, offers e-commerce networks designed to provide local and international companies with crypto currency payment gateway more control over their businesses. They pledge support for any company size and empower them financially through negotiating power, while also ensuring security through quick and cost-effective blockchain technology.

Which payment gateway is best for cryptocurrency

There are no extra fees for accepting cryptocurrency payments, and PayPal does not charge for conversion to fiat currency. Moreover, merchants accepting this type of transaction get 24/7 fraud protection and purchase protection for qualified items. BitPay is one of the earliest cryptocurrency platforms offering both cryptocurrency trading and merchant payment gateway solutions. Users like BitPay for its easy-to-use platform and customizable settings for security and payouts.

  • Coingate sellers can now accept cryptocurrencies other than Bitcoin with respect to the implementation with Shapeshift.
  • Coingate helps merchants, startups, and others to deal with crypto payments and other transactions.
  • Generally speaking, SpicePay wouldn‘t be my first choice of payment gateway as it lacks a number of helpful features that others on this list possess.
  • To help you decide which is best for your business, we’ll discuss the top 12 blockchain payment gateway solutions in 2022 and their key features.

Accept cryptocurrency payments easily and securely with one of the industry’s leading cryptocurrency gateway. Get the customizable solution and launch it within a few days without spending much money. Being equipped with the Dark Wing technology, BitHide is the outstanding cryptocurrency payment gateway that makes your wallet safe and well-protected from third-party control. Let’s investigate why businesses need a crypto payment gateway to accept coins using BitHide’s flow as an example. In case you are a startup and willing to develop a crypto payment gateway like CoinPayments with elite features, you can try our best-in-class coinpayments clone script.

With our state-of-the-art crypto payment gateway, your exchange can facilitate instant and reliable transfers, enabling your users to trade with confidence. Crypto.com holds some of the lowest fees on the market — 0.5% as payment settlement fees. CryptoProcessing.com is a part of the CoinsPaid ecosystem that offers a wide range of tailored crypto solutions for both businesses and individuals. CryptoProcessing.com is the top crypto payment gateway today, having processed over $16 billion in crypto over the years. The service is estimated to be responsible for processing around 8% of all Bitcoin transactions taking place worldwide.

It charges just 0.8% on all transactions making it the least expensive payment gateway on this list. This bitcoin payment gateway offers a free cap of $1,000 worth of daily transactions and $10,000 annual transactions before it levies a 1% transaction fee. This makes it an excellent choice for small businesses and startups.

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Crypto payment gateways work the same as traditional payment gateways like skrill, PayPal, Gpay, and much more. To be precise, the crypto payment gateway is a payment network that permits easy and secure transactions of cryptocurrencies. Not only makes easier transactions but also accelerates the speed of crypto transactions. It supports all virtual assets for payments like bitcoin, Ethereum, USDT, Matic, Cardano, Solona, and other cryptos.

The user receives an email notification for each transaction that occurs through the TripleA gateway. TripleA does not charge any additional fees for monthly
fee, management, or configuration. Blockonomics embedded convergence with Shapeshift allows it to support a substantially wide spectrum of other crypto assets. Businesses in massive economies such as the United States, Germany, France, Canada, and the United
Kingdom have been among the most likely to be using Blockonomics. You can view all the data of the recent fluctuations in the graphical representation.

To pay with cryptocurrency, the user only needs to scan the QR code provided on the webpage of the merchant or from digital wallets. Blockonomics supports a significantly vast range of other cryptocurrencies owing to its built-in integration
with Shapeshift. Businesses in major economies such as the US, Germany, France, Canada, UK, etc are among the ones that mostly use Blockonomics. DePay crypto payment gateway also offers decentralized finance services along with allowing users to make crypto payments. It also provides peer-to-peer transactions at lower fees and is compatible with various blockchain networks and crypto wallets. By simplifying the crypto payments for Web3 companies, DePay is playing an important role in driving the crypto adoption.

Cryptos are now also reaping benefits
from the trends of virtual currencies becoming more widely accepted. It helps create multiple wallets and assists in the fund transfer from one place to another in a secured manner. Bitpay gives instant email and pushes notifications for tracking your order, payments, and transfers. It helps in the efficient tracking and managing of your currencies. Cryptocurrency is a virtual currency that is used as a medium to exchange goods and services. It uses a push mechanism in which transaction money is deposited directly in the merchant’s account.

Dana DiRenzo, MD