Your decision to integrate a payment gateway that uses cryptocurrency on your website was a smart one.
Today, it’s imperative to have a payment gateway in case you run a business that has transactions are carried out either locally or internationally – click for source!
What happens if You Use The Crypto Payment Gateway on Your Website?
These are networks which permit businesses to accept crypto currencies like Bitcoin Cash, Litecoin and Bitcoin Cash as a form of payment.
No matter where the business is located, customers are able to purchase products and services.
Merchants that accept cryptocurrency payments are relieved of the problems related to traditional payment methods such as high costs, identification requirements, and delay.
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What are the reasons why What are the advantages of crypto Payment Gateways are Beneficial For businesses?
There are numerous benefits for allowing your customers to pay using crypto coins. Here are some of them:
It’s safe, and the buyer has total control of their transactions.
Customers can take advantage of the new payment method.
This will establish your company as one that is innovative.
Avoid chargebacks if using a different payment method.
Be able to connect with new customers that want to purchase products or services with cryptocurrency.
You know now how beneficial it can be for your business. It will elevate your business to the new stage and bring in more customers.
The question is which crypto payment processor should you pick?
We’ll review the top five cryptocurrency payment services for 2020. We’ll then suggest the one that is best for you.
Top Five Cryptocurrency Payment Gateways in 2020:
1. Coinremitter:
Coinremitter is one of the most popular cryptocurrency payment gateways around the world, provides top services for clients and merchants all over the world.
It boasts a vast amount of approximately 25000+ users and has a very close connection to them.
Moreover, Coinremitter has already processed more than 5000 BTC and its transactions occur every hour.
They will accept the best cryptocurrency that is popular and secure, such as Bitcoin, Litecoin, Dash Coin, Bitcoin Gold, and many more.
The APIs are for free and support all the popular and powerful plugins, including Laravel CorePHP WordPress as well as more.
Coinremitter offers the benefit of not having to pass KYC and ID checks, background checks, etc. Everything is trouble-free.
They also have additional features including currency swaps, digital invoice. But the most important benefit is that they charge just 0.23 percent for transactions.
It was designed to give the most speedy and easy service.
2. Coingate:
CoinGate is another Crypto payment gateway offering great merchant choices.
The interface is user-friendly, allowing merchants to register and begin accepting crypto payments immediately.
The company helps to develop an automated system that is driven by the client to swiftly make payments for crypto payments.
CoinGate is a payment processor that allows merchants and consumers to receive and enjoy cryptocurrency-based payment transactions.
This payment gateway is compatible with more than 40 cryptocurrency. Merchants can expand the number of payment options with the help of it.
Coingate is charged a fee of 1% for transactions that require an average of 1 hour to complete.
3. Bitpay:
Bitpay is a finance technology company based in the United States. It’s a Bitcoin payment system that serves businesses from all over the world.
The company utilizes technology based on blockchain payment to let sellers accept and pay using crypto-coins. Payments are managed by cryptocurrency.
Bitpay allows merchants to reach a large audience worldwide and meets their requirements. It also safeguards them against fraud.
The blockchain technology worldwide gives sellers total control of their assets. Bitpay gives its merchants fast and hassle-free delivery.
The only negative is that BitPay currently allows direct bank deposits in just 38 countries.
4. Coinpayments:
CoinPayments, another popular cryptocurrency portal specifically for online retailers. This allows transactions to be more simple by using a variety of currencies, such as Bitcoin, Ripple, Bitcoin Cash, and Litecoin.
CoinPayments makes it possible to make payments instantly and a bank account that you have access to at any time to manage your spending.
A multi-coin wallet is also offered, and offers top-of-the-line security.
Merchants can not only encourage their customers to use crypto currency to pay for products/services but also purchase gift certificates.
CoinPayments comes with ready-made plug-ins including aMember Pro Arastta, WordPress, Magento, OpenCart, Shopify, WooCommerce and many more.
This platform is available on iOS as well as Android which means that the crypto revolution won’t be missed.
5. GoURL:
GoURL is a web-based financial service based in Dominica. GoURL’s charges differ from no charge to 3.5 percent.
The gateway gives merchants an alternatives to traditional gateway system. Payments are made without the need to redirect users to other websites.
GoURL’s platform simplifies order management through a simple breakdown of payments. The transaction is completed within 30 seconds and the payment is extremely secure.
The benefit of GoURL is that it allows merchants to accept 1-click payments through their sites using Monetiser Online.
The platform isn’t equipped to offer direct bank transfer, which can be disappointing for certain businesses.
In addition, the costs are higher when compared with other cryptocurrency payment gateways that are listed.