10 Best Crypto Payment Gateways For Accepting Bitcoin Payments

Depending on the platform chosen and the services offered, setup costs can range from free to several hundred dollars. Many platforms also charge a monthly service fee or maintenance fee as well as additional fees for deposits, withdrawals or other services such as currency conversion. Additionally, some platforms may require businesses to set up an account and store their own digital assets in it or pay a third-party provider for custody services. The cost of those services will depend on the provider chosen and how much money is stored in the account. Ultimately, the cost of cryptocurrency payment gateways depends heavily on what platform is used and what services are required by businesses when accepting payments in digital currencies.

SHKeeper’s non-custodian nature guarantees funds management and safety. A private key ensures total money control; no one else can withdraw money but the owner. It can be also perceived as a strictly confidential crypto-wallet that does not require the user to provide personal information. Personal information cannot be leaked because the processor does not store/transmit user/device data or private financial information.

Must-Have Features of a Good eCommerce CMS

With a two-factor authentication system enabled, the user confirms their action with a pin code . If you’d like more details on what is Bitcoin payment method, check out this article. This system is highly specialised and tailored to the e-commerce market. There are premade plugins that can be used for services such as Shopify, and the number of countries supported is notably high. Moreover, the exchange offers this service entirely fee-free for the first $1,000,000 in transactions. Covering a wide range of currencies and market verticals, Coinbase’s only drawback is that it operates in a notably limited number of countries.

Now accept crypto payments safer, faster and easier from around the world, which will ultimately elevate your business. Empower your business with the right tools to accept online payments and provide the best customer experience. Easily integrate our payment gateway on your webpage or app with seamless checkout with easy api integration .

Why get a Payment Provider?

Furthermore, CoinGate contains functionality such as payment buttons, shopping cart plugins, and point-of-sale systems. It also enables software developers to implement two-factor authentication for enhancing security. With cryptocurrencies, it is possible to perform transactions without intermediaries, for example, a bank or monetary authority. As a result, crypto-based payments are generally faster compared to conventional money transfers.

You can create and send invoices to your customer’s email or direct them to your website where the payment/donate buttons are located. ALFAcoins can accept Bitcoin, Bitcoin Cash, Litecoin, Ethereum, crypto payments api Dash, Tether ERC-20, and XRP with a 0.99% transaction fee. It also offers a volatility shield by keeping the exchange rate fixed for 15 minutes from the time a transaction is initiated.

This inefficiency slows business down, leading to a drop in revenue. Moreover, with instant payments, forecasting becomes much easier. Aside from the processing time, one should also consider the decline rate — a parameter that shows how many transactions were rejected.

What Do Cryptocurrency Payment Gateways Integrate With?

You can also opt for payment gateways like Coinbase that offer to insure their user’s funds. With a self-managed funds plan, you only need an email address to sign up for a merchant account. Once your email address is confirmed, you can start accepting payments. Ecommerce integration options can easily be added to a website with a few clicks.

Meaghan has provided content and guidance for indie retailers as the editor for a number of retail publications and a speaker at trade shows. Other benefits including protecting their business from chargeback fraud. Publicity—all transactions are publicly available, but there is no information about the owners of the addresses. However, the identity of the owner can be established subject to the availability of additional information. Cloudflare helps us mitigate DDoS attacks of all forms and sizes and enhances the security of our platform. Get in touch with us and we will try to provide you with the most relevant offer.

Should I accept cryptocurrency as payment?

We offer you Lowest transaction fees 0.23% on withdrawal plus 75% revenue share for referrals. Swap any currency anytime with the easiest function of currency swap and maintain history of swapped coins. Major Cryptocurrencies like Bitcoin, USDT, Litecoin, Bitcoin cash, Ethereum, Ripple, Dash are accepted here.

• 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.
• Charging a flat 1% transaction fee, CoinGate sits comfortably in the average cost range for a crypto payment gateway service.
• Most crypto transactions are final and irreversible, with no system in place for chargebacks or disputes.
• In that case, the fee may have to be paid in the base layer’s currency.
• Permission-based account management, fiat payouts to the bank account, and brand new email billing feature are some of the reasons why CoinGate has become a go-to payment processor for many.

Charging a flat 1% transaction fee, CoinGate sits comfortably in the average cost range for a crypto payment gateway service. Furthermore, CoinGate supports over 70 different cryptocurrencies thanks to an integration with the DeFi protocol, ShapeShift. Plus, CoinGate stores most of its assets in secure cold storage offline. Cryptocurrency payment gateways can integrate with a variety of software types. Businesses such as e-commerce stores, online marketplaces, and invoicing software can all make use of cryptocurrency payment gateways. Additionally, CRM software, accounting software, and POS systems can all be integrated with cryptocurrency payment gateways.

The 8 Best Cryptocurrency Payment Gateways

Users can buy crypto within the app by using a debit or credit card. Binance Pay offers zero gas fees to allow sending crypto to friends and family. You can opt for one of two Coinbase Commerce plans, and both will charge you a 1% transaction fee. Redirect your customers to a Binance hosted checkout page which dynamically adapts to your customer’s device to increase conversion. Payment links according to your business needs and send the Payment Link to your customers through WhatsApp, SMS, email, chat or any channel to complete the transaction. Instability of cryptocurrencies—there are a lot of risks related to volatility of such currencies.

She has contributed to POS and payments topics in the Retail section across Fit Small Business. When processing our clients’ data we strictly adhere to the data protection principles of the General Data Protection Regulation . We believe that the protection of our clients’ and their end-users’ data is fundamental to our mission — helping build a better internet. Settle in cryptocurrency or local currency with no volatility risk. Transaction Fees – SpectroCoin doesn’t list its fee online, these need to be obtained directly from the company. Conversion – It allows you to convert coins automatically into stable coins or fiat currency.

CoinPayments: The Payment Processing Service For Cryptocurrencies

Transaction Fees – It charges 0.5% transaction fee + 0.5% exchange fee if crypto exchange is needed. As more and more people are getting into Cryptocurrency, popular crypto coins like Bitcoin, Ethereum, etc., are emerging as one of the accepted currencies for payment, especially on eCommerce sites. The amount of transaction fee may depend on various factors like the order size, selected payment option, and volatility. As an example, the commission for Bitcoin generally varies between $1–$5 while fees for other currencies are less than $1. It comes with one-click payment buttons for MetaMask, Waves Client, and many other crypto wallets. CoinGate has a simple checkout process and it’s also easy to set up.

Spectrocoin’s fee structure is set at a rate of 1% transaction fee for many transactions. Its user-side crypto-to-fiat conversion facilities also enable it to provide fiat currency payments to sellers. Binance Pay offers a range of products that allow you to design, develop and simplify the integration of accepting crypto payments. Be it branding, customer experience or conversion, Binance Pay products can provide you the tools to give your company a competitive advantage.

Additional functionality is available through a network of pre-approved and pre-integrated partners . Sila was recognized as the Best Payments as a Service Platform by the 2022 Embedded Banking Awards of Tearsheet. When it comes to accepting payments made in cryptocurrencies, Shopify Gateway is a globally trusted platform.

Our integration options are quick and easy for all; support is available 24/7. However, the service has fallen prey more than once to bad press. In late 2014, BitPay lost more than $1.8 million worth in bitcoin after a director fell victim to a phishing scam.

By now, you know some of the best cryptocurrency and Bitcoin payment gateways available in the market. Now, it is your turn to pick the most suitable payment gateway for your site and offer your customer to use their crypto funds for the payment. The ChangeNOW team launched NOWPayments, a well-known crypto payment processing service. The platform has cheap transaction costs and accepts over 100 coins for real-time payment acceptance. CryptoProcessing.com will help businesses grow by consolidating crypto services of all kinds in one location.

Merchants can accept donations with a 0.5% transaction fee, while nonprofit organizations can contact ALFAcoins to accept cryptocurrency donations free of charge. A digital wallet is used to store and transfer cryptocurrency from one owner to another. There are different cryptocurrency types but the https://xcritical.com/ most popular and widely accepted are Litecoin, Ethereum, and Bitcoin. In fact, the latest Skynova research shows that 32% of US small businesses are now accepting Bitcoin as a means of payment. Even if you don’t have a website, you can receive cryptocurrencies using its Monetiser Online service.