Furthermore, the cryptocurrency market has never been more volatile than it has been recently. Furthermore, several government regulations and transactions can result in losses. Bitcoin’s price dropped by about 45% in just December of 2017. Thus, entrepreneurs want to stop hoarding their bitcoins. To prevent losses, they quickly sell and exchange their bitcoins for fiat money.
Furthermore, the payment gateways facilitate the instant conversion of bitcoins and other cryptocurrency coins into fiat currency. Different software solutions that the payment processors have installed help to streamline the procedure and enable the automatic transfer of cryptocurrency into the merchants’ wallets.
Why should merchants accept cryptocurrencies like Bitcoin?
Many nations are in the process of creating a legislative framework for the usage of cryptocurrencies because the number of people using them is growing daily. Furthermore, there are countless advantages to adopting Bitcoin as a payment method. A few benefits are enumerated below.
- Customers have complete control over their transactions, and it is safe.
- A fresh method of payment for clients that favor bitcoins.
- A covert payment option that ensures complete transaction anonymity.
- The blockchain ledger securely stores payments.
- There is no fraud risk, and you don’t give the vendors access to private information.
- They are noticeably lower when compared to transaction fees for credit and debit cards.
- It is practical for traveling abroad and allows for using one currency in multiple currencies.
- No involvement from outside parties.
- There are no late fees in contrast to traditional credit cards
- protected by a legitimate digital signature.
- Real-time cross-border payment.
Best Cryptocurrency Payment Gateways
The top 21 cryptocurrency payment gateways that take Bitcoin payments are listed here. These cryptocurrency payment processors also take a few well-known cryptocurrencies besides BTC, ETH, XRP, and Litecoin.
Blockonomics (Decentralized and Anonymous Bitcoin Payment Gateway)
It is a decentralized cryptocurrency payment gateway that can allow transactions without further API integration, third-party authentication, or authorization. Customers must scan the page’s QR code or use their digital wallets to make payments. Similar to PayPal, users may now make invoices for cryptocurrency. Among the features that stand out are:
- A haven for cryptocurrency payments using coins like Bitcoin Cash, Litecoins, and others.
- Globally, merchants can utilize it to buy their goods anonymously. (Without Signing Up)
- supports popular wallets such as Trezor, Blockchain.info, Mycelium, Ledger Nano S, etc.
- Straight transfers to the retailer’s cryptocurrency wallet.
Binance Pay – Crypto Payment Gateway
It is a well-known brand in the cryptocurrency industry and provides a Bitcoin payment processor or crypto payment gateway. The Binance Pay beta version was released only for peer-to-peer payments in February 2021. Furthermore, the platform is compatible with over 30 cryptocurrencies, such as Bitcoin, Ethereum, BNB, and numerous others. With the Binance app, users can access Binance Pay services, such as rapidly transferring money from their spot wallet to Binance Pay or withdrawing cash to their bank accounts. The first website to begin taking cryptocurrency payments using Binance Pay was the cryptocurrency travel company Travala.
CoinPayments – Crypto Payment Processor
Users can transact with Bitcoin, Ethereum, Litecoin, and over 2,000 other cryptocurrencies hosted on the CoinPayments platform. It is a global payment gateway. Since 2013, CoinPayments has solidified its position as a market leader by providing quick, safe, and simple-to-integrate solutions that enable businesses to begin taking cryptocurrency payments. These include digital wallets, custom APIs, shopping cart plugins with popular e-commerce platforms, and other business tools. CoinPayments is still operating, handling over $10 billion in cryptocurrency payments and serving over 70,000 merchants worldwide. Currently, CoinPayments operates in more than 180 nations. Among the salient characteristics are:
- Real-time international payments
- Industry-low processing fees, at only 0.5%
- More than 2,100 supported coins
- Simple plugins for e-commerce sites such as Magento, Shopify, and others
- Automatic conversions to prevent volatility
- Options for converting fiat
CoinRemitter
It is an all-in-one cryptocurrency payment gateway offering businesses a well-rounded solution for a full range of cryptocurrency payment services. For a smooth and hassle-free cryptocurrency payment experience, it provides support for a large variety of well-known cryptocurrencies, reliable crypto API and plugin services, user-friendly invoice services, and a host of other special features. The best part is that we guarantee your company will make the most money possible because our transaction and processing costs are some of the lowest on the market.
The following features of Coinremitter can improve the experience of taking cryptocurrency payments:
- Multi-currency support
- Lower transaction costs and the lowest withdrawal fees
- Open-source plugins and APIs for simplified payments
- Auto-withdrawal functionality
- Multi-layered security
- Bonus earnings through affiliation”
Co.inbase
Coinbase is one of the most popular Bitcoin exchanges for business transactions. Download the merchant app and start accepting bitcoins. In addition, one of the critical features of Coinbase is that you can immediately begin converting bitcoins into fiat and avoid the risk of price volatility.
Features:
- It is fast, and there are no transaction fees for accepting crypto coins.
- It is integrated with WooCommerce, Shopify, Magento, and OpenCart; you must add a shopping cart plugin.
- For website owners, add a payment button to your website.
- Email invoice to request payments.
- It is integrated with API.
Speed
Speed is a leading Bitcoin payment processor that enables fast and secure transactions anywhere, anytime. So far, it has helped over 550+ merchants & businesses process 10,952+ transactions across 21 countries worldwide.
Speed offers various payment solutions to match your growing business needs. From online payments to offline transactions, you can collect Bitcoin payments across all channels and mediums through On-chain/Lightning networks.
You can sign up with Speed for free. You pay a 1% fee once your transaction speed reaches 0.5 BTC. In addition, you can access Speed’s white-label crypto payment solution to deliver personalized checkout experience across your online touchpoints.
Features:
- Fast and secure Bitcoin payments over Lightning/On-chain Networks.
- Instant payment and payouts
- Two-factor Authentication for better security
- Third-party integrations are available for popular CMSs (like WordPress, Magento, OpenCart, etc.).
- Developer-friendly powerful APIs supported by documentation.
- Dedicated Mobile Point-of-sale app for Android and iOS
- Speed wallet app for transacting Bitcoins anywhere, anytime
- Support via email and chat
- Lowest transaction fee
- No KYC, fully decentralized payment processor
CoinsBank
CoinsBank is an all-in-one blockchain payment gateway. In addition, It can be easily synchronized with your debit card with just the click of your finger. The mobile app is available for all Android and iOS phones.
Features:
- Instant deposit and withdrawal methods.
- A two-factor authentication system to secure your wallet.
- Supports all major fiat currencies like USD, EUR, GBP, and Russian Ruble.
- Easy exchange of funds in current market rates.
- A 24/7 free transfer of currencies to friends and families.
- A 24-hour customer support system.
- Your debit card is accepted worldwide.
- A global exchange trade platform for customers at minimum risks and maximum profits.
Plisio
With Plisio, your company can begin accepting Bitcoin payments in minutes. The most widely used platforms, like Opencart, WHMCS, VirtueMart, and WooCommerce, will make the connection process quick and effortless for you. Furthermore, Plisio’s adaptable API may satisfy any need and offer the ideal answer for any organization. Additionally, the Plisio team is prepared to provide customized solutions to its clients. To discuss the specifics, all you have to do is contact us.
You can better manage your costs with free setup, the lowest fee of 0.5%, and no additional or hidden costs. Furthermore, you may pool and automate up to 1000 transactions using the mass payment tool, saving you more time than you can devote to growing your business and reducing your fee costs by 80%.
Furthermore, setting up wSetupake takes a few minutes, and you won’t need to spend time on paperwork or present any documentation. Our organization respects our clients’ privacy and complies with all current security regulations.
OpenNode
It is among the most often used Bitcoin payment processors for commercial transactions. OpenNode is quick and easy to set up, and it can be used by any business that wants to take Bitcoin payments just a few minutes after signing up. It is free to start.
Features:
- Traditional Currencies (USD, EUR, GBP, and more) and Bitcoin
- Lightning Network and On-chain
- Quick payments and translations that happen automatically
- Plugins for e-commerce (Shopify, WooCommerce, Magento, and others)
- Payments for invoices in person and online for every type of business
- Easy to use but effective API for unique solutions
- Donation and payment buttons for Bitcoin
- Global Customer Support Available 365 Days a Year
- suitable with any Bitcoin wallet
- Compliant with two-factor authentication
CoinsPaid
A vast ecosystem called CoinsPaid offers various financial services to people and companies. Their offerings include an OTC desk, a SaaS crypto payment gateway, and cryptocurrency wallets for individuals and businesses with built-in exchanges. CoinsPaid plans to launch a CPD token and DeFi solutions for its customers in addition to its current services and solutions. Using their token, you can save your company up to 50% on fees.
They handle five percent of all Bitcoin transactions with their extensively utilized cryptoprocessing technology. With seven years of experience, CoinsPaid has worked with over 700 merchants in the cryptocurrency space.
B2BinPay
Additionally, it is a comprehensive worldwide cryptocurrency payment solution for merchants and enterprise clients, enabling safe and secure online sending, receiving, storing, exchanging, and accepting of Bitcoin payments by enterprises. For a small fraction of the price of conventional Internet payment gateways, B2BinPay facilitates international transactions between parties. In addition, customers can connect in less than an hour using a single API thanks to a high level of automation and transaction speeds of less than 20 seconds. See also: B2BinPay Evaluation.
Features Include:
- Extremely cheap processing fees, no hidden or recurring fees
- Real-time balance, downloadable reports, and transaction history
- Safe checkout, automated withdrawals
- Availability of a sandbox environment and secure API
- Supported coins and tokens: over 800
- six-language, round-the-clock technical assistance.
BitPay
One of the first Bitcoin payment gateways to become live in 2011 was the US-based BitPay. Additionally, download the BitPay software to begin taking online transactions and payments. Bitpay also provides Bitcoin Debit Cards for simple cryptocurrency.
Features:
- BitPay offers free and open-source plugins for e-commerce websites.
- You can use Bitcoin to make any payment transaction.
- Accepts donations in Bitcoin.
- Bitcoin may be turned into eight fiat currencies using the POS method.
- It is widely acknowledged and permits bank deposits in 38 nations.
- The API platform provides a primary interactive interface.
- A system that uses two factors for authentication provides total security.
- Multiple user space.
- Multilingual and capable of supporting over 40 languages globally.
- You can choose the transaction speed that best suits your requirements.
- Appropriate for use with every Bitcoin cash wallet.
- Transaction notification through email and mobile text messages.
CoinGate
Furthermore, you may use bitcoins and altcoins and accept payments in USD, EUR, and BTC with CoinGate, another Bitcoin payment gateway for your company.
Features:
- POS apps for several operating systems, including iOS, Android, and web browsers.
- It includes eCommerce platform plugins.
- Different cryptocurrency coins are supported via Shapeshift integration.
- Connection with e-commerce in real-time.
Blockchain
One of the first Bitcoin payment services for both personal and corporate use is Blockchain.info. Furthermore, it facilitates worldwide transactions utilizing Ether, Bitcoin Cash, and Bitcoin. Blockchain.info is a well-known cryptocurrency wallet, but it’s more than just a wallet—it’s a repository that lets you explore Blockchain data, research, and Bitcoin and Blockchain statistics. It offers Bitcoin payment APIs suitable for private and commercial use. Due to the lack of user-friendly plugins for merchants, the implementation procedure is more complicated. You need to have some programming technical skills to integrate it and use it for free. Qualities:
- The crypto wallet supports Bitcoin, Bitcoin Cash, and
- Install the Android app to begin transacting with Bitcoins.
- A safe and free wallet.
- You can send and receive bitcoins to other wallets using APIs.
NOWPayments
The simplest method for making online payments using different cryptocurrencies is NOWPayments. Furthermore, our system is low-cost, custody-free, and simple to use anywhere. The ChangeNOW team founded NOWPayments in 2019. The development aimed to produce a payment gateway with the broadest selection of cryptocurrency coins, an easy-to-use API, and ready-to-use solutions.
The NOWPayments products include a widget, a variety of buttons, and several plugins, such as those for WHMCS, OpenCart, and WooCommerce, in addition to the API. NOWPayments strives to customize each product to meet the specific needs of merchants. The team is trying to add new products to the list and offers complete customization for the button. The NOWPayments service supports more than 30 currencies. They consist of tokens, stablecoins, and the most widely used coins. The group is always trying to get more names on the list.
TripleA
The TripleA Bitcoin payment gateway has a quick setup process. It’s very flexible and takes only a few minutes. Technical knowledge or Bitcoin is not needed. This one is the most convenient payment gateway. For your WordPress website, you can use their WooCommerce plugin or API for bespoke integration.
No cost is involved in transfers between Bitcoins; there is no intermediary—furthermore, payments made with Bitcoin flow straight from the customer’s wallet to the merchant’s wallet. TripleA also permits local currency withdrawals for a fixed charge of 0.8% to minimize price fluctuation, which is among the lowest available.
Features:
- Suitable with every everyday Bitcoin wallet
- Withdrawal in local currency is subject to a fixed 0.8% charge
- There are just three setup steps.
- Every transaction has an eSetup notification.
- Open-source API and WooCommerce plugin for personalized integration
- No setup, upkeep, or subscription required.
BTCPay Server
Without any transaction costs, fees, or intermediaries, merchants can accept payments in Bitcoin and other supported altcoins straight into their cryptocurrency wallets using BTCPay Server, a free, open-source, self-hosted cryptocurrency payment gateway. The main benefit of BTCPay is that it is community-developed software that is entirely free and open-source, enabling P2P payments to be made directly from the wallet. A few features that stand out are:
- Integration of e-commerce support comes with no costs and no middlemen.
- Lightning network for faster payments
- accepts payments using both Bitcoin and Altcoin
- provides improved security and privacy
- Integrated crowdsourcing
- Pay with the BTCPay button.
SpicePay
You can also accept and exchange Bitcoin with SpicePay, another cryptocurrency payment gateway, and safely keep your money in your wallet.
Features:
- A secure and convenient exchange platform.
- Trade your digital currency for CAD, USD, EUR, or GBP.
- Take money out using wire transfers via SEPA or PayPal.
- Link your website’s payment gateway to it.
- Donate using digital methods available online.
- Plugins for online retail and e-commerce let you expand your company’s reach internationally.
- Zero chargebacks or fraud.
- Get up to 2% off of each purchase.
- You can utilize the software on desktop and mobile devices thanks to the BitGo feature.
SpectroCoin
With SpectroCoin, a free blockchain wallet, you may quickly swap money. Qualities:
- More than 30 currencies are supported, including XEM, Ethereum, Bitcoin, and Dash.
- High limitations on deposits and withdrawals are permitted.
- Magento, OpenCart, PrestaShop, VirtueMart, and WooCommerce are just a few of the e-commerce plugins available.
- Provides a Debit Card for Bitcoin.
- You can purchase and sell bitcoins and other currencies using the SpectroCoin API.
GoUrl.io
A free, open-source Bitcoin wallet is GoUrl.io. Its API interface and e-commerce plugins make it one of the most reliable worldwide network wallets.
Features:
- There are no monthly or membership fees, and the wallet is completely free.
- You can exchange text messages, pictures, videos, music, URLs, and photos for cryptocurrency with GoUrl Monetiser. Bitcoins, Dogecoin, and
- You don’t need a bank account or ID.
- Make your Bitcoin box unique by using JSON or JQuery.
- Make money by either selling your goods or by downloading bitcoins.
- Make money by registering on the site.
- Permits the use of third-party e-commerce plugins, such as WooCommerce.
- Participate in affiliate programs to earn money.
Shopify Gateway
Additionally, Shopify is one of the most reputable payment gateways for e-commerce in the current cryptocurrency sector.
Features:
- Meagre transaction costs.
- You may accept payments anytime and from any location with secure transactions.
- You may use the wallet on tablets, PCs, and smartphones with POS software.
- Within minutes, send money anywhere in the world with ease and Speed.
- PCI compliance is not necessary.
Conclusion
Furthermore, the Speedcceptance of cryptocurrency is growing daily. While some nations, like Japan, have made cryptocurrency a widely accepted form of payment, others, like India, are still developing regulations for digital assets. Users can choose any platform from the top cryptocurrency payment gateways listed above to begin taking Bitcoin payments. This will make it simple for clients to make payments online.