In this age of digitalization, there are a significant amount of technological advancements. There are a lot of people that rely only on new technology since they provide constant updates. This even performs challenging things when put to use. As a result, digital currency and finance have provided a solution to a significant number of issues that arise during financial dealings.
There is a lot of interest among businesses of all sizes, from little to large, in cryptocurrencies and crypto payments. They desired to meddle in the operations of their businesses, and here is where crypto payment gateways were able to assist them. But which crypto payment gateway should you choose?
Let's take a look at the top 10 crypto payment gateways that are now available.
What exactly is a crypto payment gateway?
Crypto payment gateways function in the same manner that traditional payment gateways do. Such as Skrill, PayPal, and several more. It is the payment network that enables simple and safe cryptocurrency transactions. Not only does it make processes easier, but it also increases the pace of crypto transactions. All virtual currencies are supported by crypto payment gateways.
As we can see, cryptocurrencies are becoming more popular all around the world. As a result, numerous businesses have insisted on accepting digital currencies as payment. Many firms have begun to implement crypto payment gateways for their businesses. Furthermore, employing blockchain in crypto payment gateway development has significant implications for many firms. Because it increases trust and efficiency across several networks. Let's now look at the top ten crypto payment gateways.
Top 5 crypto payment gateways
1. Paystand
Paystand delivers faster, cheaper, and more secure B2B payments using SaaS and blockchain. Digitizing receivables automates and streamlines financial activities.
Paystand's innovative service idea reduces fraud by 50% and offers free payment options. This is because the platform uses blockchain immutability. Payments made on their network are permanently recorded on the blockchain and are auditable. This function boosts confidence since it eliminates refunds and fraud.
2. CryptoProcessing by CoinsPaid
CryptoProcessing by CoinsPaid consolidates crypto services to help companies expand. Ryptoprocessing works well with BTC, ETH, and USDT and other 20 different cryptocurrencies. Company dealings are transparent. Conpaide Explorer helps clients manage coin transactions.
Furthermore, the processor provides a high level of customization through variety of payment tools – options such as invoicing, payment links, channels, and plug-and-play make the product ideal for those looking for a customised approach.
As a result, CryptoProcessing.com may be tailored to any company model, while simultaneously providing a competitive edge and extensive marketing options.
3. Coingate
Nearly 200,000 people have signed up for Coingate. As a result, it is one of the most often used crypto payment gateways. It's worth noting that Coingate's success stems from its ease of use. There are over 40 supported altcoins, and crypto payment buttons may now be designed for company websites.
Furthermore, Coingate charges a one percent commission on purchases. Merchants are immune from paying any further costs linked with SEPA transfers or Bitcoin payments once they have received their money.
4. NOWPayments
NOWPayments is a basic crypto gateway without custodial features. It can handle over 50 different coins, which should suit most of your payment demands. Transaction expenses start at 0.5% and decline with sales volume (measured in BTC, incidentally). To settle in a different currency than what you got, add 0.5%. To hedge against volatility, a fixed-rate exchange option raises the basic price to 1%.
You may wonder why you should use this service instead of peer-to-peer. NOWPayments can connect with Shopify, Magento, and WooCommerce. NOWPayments is a simple and affordable online payment option.
5. ALFAcoins
ALFAcoins' APU, IPN, payment button, and WordPress plugins make it easy for companies to accept crypto payments. ALFAcoins supports cryptocurrencies like Bitcoin Cash, Ethereum, Tether (ERC-20), XRP, Litecoin, and Dash. Withdrawal service includes EUR and USD.
Every ALFAcoins transaction costs 0.99%. Businesses can absorb this price or let the customer pay. ALFAcoins provides configurable setups with a fee-free auto-withdrawal feature. ALFAcoins guarantees organizations minimal hassle when incorporating a crypto payment gateway.
