The decision you made to incorporate the payment gateway for cryptocurrency on your site was a wise one.
It is vital to have a cryptocurrency payment gateway in place for your business if you are involved in domestic or international transactions – helpful hints!
What happens if you use the Crypto Payment Gateway on your site?
These payment gateways which allow companies to accept crypto currencies like Bitcoin, Litecoin, Bitcoin Cash, etc as payment methods.
Wherever the business is located, users can purchase goods and services.
Merchants that accept crypto payments are relieved of the problems of traditional payment methods, including high fees as well as identification requirements and delay.
Look at this,
The reason why the Crypto Payment Gateways Are Useful For Businesses?
There are numerous benefits when you allow your clients to pay with crypto coins. A few of them are described below:
It’s safe, and the buyer has total control of their transactions.
The new payment method is now open to all customers.
This will position your business as one that is innovative.
Avoid chargebacks if using another form of payment.
Get access to new customers looking to pay for goods or services with cryptocurrency.
Now you understand how important it can be for your business. It will take your business to a higher level and draw more customers.
The question is which crypto payment service should you choose?
We’re going highlight the five top cryptocurrency payment gateways for 2020. We’ll then suggest the one that’s right for you.
Top Five Cryptocurrency Payment Gateways in 2020:
1. Coinremitter:
Coinremitter one of the top crypto payment gateways in the world, offers top services to merchants and clients across the globe.
It has a massive number of around 25000+ users and is in close connection to them.
Moreover, Coinremitter has already processed more than 5000 BTC and the transactions are occurring every hour.
They take the most prestigious cryptocurrency, which are popular and secure like Bitcoin, Litecoin, Dash Coin, Bitcoin Gold, and many others.
They can support the most famous and powerful plugins like Laravel, CorePHP, WordPress and many more, along with an API that is free to use.
The advantages of choosing coinremitter is that it requires no KYC processes as well as no ID and background checks required for background checks, etc. All is hassle-free.
They also have numerous other functions, including digital invoice exchange, currency swap, and the most prominent is that they charge the lowest transaction fee that are just 0.23%.
This is why it stands out from other payment gateways, as it was designed to provide the most simple and fastest service.
2. Coingate:
CoinGate is yet another cryptocurrency payment gateway with excellent merchant options.
The interface is intuitive which allows merchants to sign-up and begin accepting crypto payments as soon as they are ready.
The company assists in the development of an automated system that is driven by the customer’s needs to pay for crypto transactions.
CoinGate allows consumers and businesses all over the world to use and pay with cryptocurrency.
It is compatible with 40+ cryptocurrencies which means that merchants are able to significantly expand the range of payment options they can offer through this crypto-payment gateway.
Coingate charges a fee of 1% on transactions that average 1 hour to complete.
3. Bitpay:
Bitpay is a finance technology firm based out of the United States. It’s a bitcoin payment system that is used by entrepreneurs from all over the globe.
The company utilizes a technology that is based on blockchain technology which allows sellers to accept payment and accept cryptocurrency. The payment system is based on cryptocurrency.
It helps merchants by serving their needs around the world and also reaches an international audience. bitpay safeguards merchants from any type of fraud.
The international blockchain system gives sellers total control of their assets. Bitpay provides its customers with a quick and easy delivery.
BitPay accepts bank transfers in 38 countries, which is the only negative.
4. Coinpayments:
CoinPayments is a different well-known cryptocurrency site that is exclusively dedicated to online retailers. Transfers can be made with different coins including Bitcoin, Ripple Bitcoin Cash and the Litecoin.
CoinPayments makes it possible to make payments instantly and a wallet you can access at any point to manage your spending.
You can also access an multi-coin wallet protected by top quality.
Gift certificates are offered by merchants to encourage customers to utilize crypto-coins to pay for goods/services.
CoinPayments provides ready-made extensions such as aMember Pro, Arastta, WordPress, Magento, OpenCart, Shopify, WooCommerce and many more.
This platform is available for both iOS as well as Android So the crypto revolution will not be missed.
5. GoURL:
GoURL is a financial institution situated in the Commonwealth of Dominica. GoURL’s fees vary from zero to 3.5%.
This crypto payment gateway provides merchants with users a user-friendly experience that’s an alternative to traditional gateway technology. Payments are made without the need to go to an external website.
GoURL’s platform helps manage orders by providing a simple breakdown of payments. The payment is processed within 30 seconds of the payment and are completely secure.
The good thing about GoURL is that it permits merchants to accept 1-click payments on their websites using Monetiser Online.
The drawback with GoURL is that the platform doesn’t offer direct bank transfers, which would definitely be a disappointment for certain companies.
Additionally, the fees are quite higher than the other payment gateways for cryptocurrency on this list.