This article is aimed to help you to understand how to start accepting crypto in your business, online or offline store, web service or offline business.
Crypto payment processing companies have revolutionized the way businesses accept digital currencies as a form of payment. Crypto gateways play a vital role in enabling seamless transactions between cryptocurrencies and traditional payment systems. These gateways act as intermediaries, providing a bridge between blockchain networks and the real world.
Now many businesses are thinking about how to start accepting cryptocurrencies as a payment method. This article will explore what crypto gateways are, how they are utilized, and how one can discover them on the Cryptwerk.
Understanding Crypto Gateways
Crypto gateways are platforms or services that facilitate the exchange and conversion of cryptocurrencies into traditional fiat currencies or other digital assets. They made to help merchants to start accepting Bitcoin, Ethereum, Litecoin, USDT and other popular cryptocurrencies by providing different interfaces. They enable individuals and businesses to pay with cryptocurrencies by providing mechanisms for accepting and processing cryptocurrency payments, including secure storage, instant conversion, and withdrawal options.
Utilizing Crypto Gateways
Crypto gateways offer numerous benefits to both consumers and businesses. For consumers, gateways provide a convenient way to spend their crypto like Bitcoin, Ethereum, or Litecoin on everyday purchases and services. Businesses, on the other hand, can leverage crypto gateways to expand their customer base by accepting various cryptocurrencies as payment options, thus tapping into the growing crypto community. Payment gateways can be used for offline and online business. You can pay in offline store by using QR-code, same as fiat payment platforms.
What are the benefits of integrating a crypto payment gateway in your web store
As the world becomes increasingly digital, the way we make payments is also evolving. Cryptocurrencies have emerged as an alternative form of currency, offering benefits such as security, speed, and lower fees. Integrating a crypto payment gateway in your webstore or other business can provide numerous advantages for both merchants and customers. In this article, we will explore the benefits of integrating a crypto payment gateway, accepting cryptocurrencies in your business and how it can enhance your webstore.
1. Global Reach:
One of the significant advantages of integrating a crypto payment gateway is the ability to reach a global audience. Cryptocurrencies are decentralized and can be used by anyone, regardless of their location. By accepting cryptocurrencies as a payment method, you open your webstore to a broader customer base, without the limitations of traditional payment systems that may be bound by geographical restrictions or currency conversions.
2. Lower Transaction Fees:
Traditional payment gateways, such as credit card processors, often charge high transaction fees, cutting into the merchant's profit margins. On the other hand, crypto payment gateways usually have lower transaction fees, making it a cost-effective payment solution for merchants. This can result in significant savings, especially for businesses with high transaction volumes.
3. Enhanced Security:
Cryptocurrencies rely on advanced cryptographic technology, making them inherently secure. When a customer makes a payment using cryptocurrencies, the transaction is fully encrypted and verified by the blockchain network. This eliminates the risk of chargebacks or fraudulent activities, providing merchants with a higher level of security and peace of mind.
4. Instant Settlements:
With traditional payment methods, it often takes several business days for funds to be settled and transferred to the merchant's account. However, crypto payment gateways enable instant settlements, allowing merchants to receive funds directly and immediately. This provides better cash flow management and eliminates the need to wait for extended periods to access funds.
5. Privacy Protection:
Privacy is a growing concern for many customers. Cryptocurrencies offer a higher level of privacy compared to traditional payment methods. When customers pay with cryptocurrencies, they don't need to disclose sensitive personal information, reducing the risk of identity theft or data breaches. This added privacy can be an attractive feature for customers who value their personal information and want to maintain control over it.
6. Innovation and Reputation:
By integrating a crypto payment gateway, your webstore demonstrates a commitment to innovation and staying ahead of the curve. It positions your business as forward-thinking and adaptable to new technologies. This can enhance your brand reputation and attract technologically savvy customers who appreciate the convenience and security offered by cryptocurrencies.
7. Reduced Dependency on Banks:
Traditional payment systems are often heavily reliant on banks and financial intermediaries, which come with their own limitations and regulatory requirements. Cryptocurrencies operate independently of banks, allowing merchants to have more control over their funds and reducing dependency on traditional financial systems. This opens up opportunities for businesses in regions or industries where access to banking services may be limited or restrictive.
8. Lower Risk of Fraud:
Fraudulent chargebacks can be a significant concern for merchants, resulting in financial losses and administrative hassle. Cryptocurrencies, being decentralized and secure, significantly reduce the risk of fraud and chargebacks. Once a transaction is confirmed and recorded on the blockchain, it is virtually immutable, eliminating the possibility of fraudulent disputes.
Integrating a crypto payment gateway in your webstore offers significant benefits. It expands your customer base globally, reduces transaction fees, enhances security and privacy, enables instant settlements, showcases innovation, reduces reliance on banks, and minimizes the risk of fraud. Embracing cryptocurrencies as a payment option can help future-proof your business and enhance the overall customer experience. As the digital economy continues to evolve, integrating a crypto payment gateway becomes an increasingly valuable and essential feature for online businesses. Start accepting cryptocurrencies today!
TOP 25 crypto gateways that will help you to start accepting cryptocurrencies in 2024
1. CoinGate
CoinGate is a versatile payment gateway solution that supports over 50 cryptocurrencies. It offers a simple integration process and allows businesses to accept payments seamlessly. CoinGate also provides easy-to-use APIs, mobile apps, and plugins for popular e-commerce platforms.
Interface:
Wallet / App, Website plugins, Widgets & buttons, POS, API integration
CMS plugins:
Blesta, Magento, Opencart, OScommerce, PrestaShop, Shopware, Thirty, Bees, WHMCS, WooCommerce, ZENcart
Lightning network:
Bitcoin lightning
2. BitPay
BitPay is a global leader in cryptocurrency payment processing and supports Bitcoin and Bitcoin Cash. With straightforward integration, businesses can accept secure and fast payments. BitPay also offers features like invoice management and direct bank settlements.
Interface:
Wallet / App, Website plugins, Widgets & buttons, API integration, Invoices
CMS plugins:
Drupal, Commerce, Easydigitaldownloads, Magento, Opencart, PrestaShop, UberCart, WHMCS, WooCommerce, ZENcart
3. Coinify
Coinify enables businesses to accept multiple cryptocurrencies, including Bitcoin, Ether, and Ripple. The platform supports various e-commerce plugins and provides both online and offline payment solutions. Coinify boasts robust security features and compliance with global regulations.
Interface
Wallet / App, Widgets & buttons, Invoices
4. CoinPayments
CoinPayments offers a vast selection of over 1,900 cryptocurrencies for businesses to accept as payments. It provides seamless integration with e-commerce platforms and supports recurring subscription payments. CoinPayments also offers wallet features and a secure payment processor.
Interface
Wallet / App, Website plugins, Widgets & buttons, POS, API integration
CMS plugins
aMember Pro, Arassta, Blesta, BOX billing, Drupal Commerce, Easydigitaldownloads, ECWID, HikaSHop, Magento, Opencart, OScommerce, PrestaShop, Shopify, Shopware, Tomato Cart, VirtueMart, UberCart, WP eCommerce, WHMCS, WooCommerce, XCAR,T ZENcart.
Lightning network
Bitcoin lightning
5. Cryptomus
Cryptomus helps you receive payments from anyone in the world. Cryptomus is a cryptocurrency payment service for business and personal use. Also use it as a wallet and store your funds safely. You'll be able to do the integration via API, CMS plugins or just send invoices to your business’ clients payment by link.
Interface
Wallet / App, Website plugins, Widgets & buttons, API integration, Invoices, Telegram BOT
CMS plugins
Opencart, PrestaShop, WHMCS, WooCommerce, Wordpress
6. CryptoCloud
CryptoCloud — universal cryptocurrency payment processing solution for any business. Low commission from 0.4%, fast funds withdrawal (within 30 minutes), help with integration and provide fast online support
Interface
Wallet / App, Website plugins, Widgets & buttons, API integration, Telegram BOT
CMS plugins
HTML5, Opencart, WooCommerce, Wordpress
7. AlphaPays
AlphaPays is a crypto payment solution that enables your business to accept crypto easily and securely. Among our services are: Crypto Payment Gateway, Crypto Exchange and Crypto Wallet.
Interface
API integration
Lightning network
Bitcoin lightning
8. Binance Pay
Binance Pay, the crypto payment solution powered by Binance. Contactless, borderless and secure cryptocurrency payment technology designed by Binance. Shop with crypto or send money to friends and family worldwide.
9. PassimPay
PassimPay — a powerful financial tool for businesses and for personal us. This crypto processing was created to help entities and individual users quickly and safely receive, transfer, and process payments in cryptocurrencies.
Interface
Wallet / App, API integration
CMS plugins
Bitrix, Drupal Commerce, Joomla, Magento, Opencart, PrestaShop, Shop-Script, Wordpress
10. NOWPayments
NOWPayments is a non-custodial payment gateway that allows businesses to accept various cryptocurrencies without the need for registration. Integration is simple, and the platform supports multiple plugins and APIs. NOWPayments also offers automatic coin conversions.
Interface
Website plugins, Widgets & buttons, API integration, Invoices, Donations
CMS plugins
ECWID, Magento, Opencart, PrestaShop, Shopify, Shopware, WooCommerce, ZENcart
11. MixPay
MixPay is a decentralized Web3 cross-chain payment protocol, that connects different chains, cryptos, wallets, exchanges, market makers, integrators, and developers.
Interface
Wallet / App, Website plugins, API integration, PayURL
CMS plugins
Shopify, Wordpress
Lightning network
Bitcoin lightning
12. Thedex
Thedex Cloud — cryptoprocessing, accepting crypto payments for your business. An Easy Way to Accept crypto, payments Worldwide, risk-free — No chargebacks for fraud, top coins — Over 15 cryptocurrencies. Any channel — Reach hundreds of millions of customers.
Interface
Website plugins, Widgets & buttons, API integration, Invoices, Donations, PayURL
13. BlockBee
Blockbee — One platform, all payments infrastructure for crypto. BlockBee, created by the experienced team behind CryptAPI, is aiming to build a powerful, enterprise-grade, complete cryptocurrency payment solution for everyone.
Interface
Website plugins, Widgets & buttons, POS, API integration, Invoices, Donations, Telegram BOT, PayURL
CMS plugins
Magento, Opencart, PrestaShop, Wordpress, WooCommerce
14. CryptoAPI
CryptoAPI — Hassle-free and straight-forward payment integration across multiple cryptocurrencies, ERC-20, BEP-20 and TRC-20 tokens, which allows you to give more options to your customers. Forget all about lengthy sign-ups, applying for merchant accounts or being restricted to just one cryptocurrency.
Interface
Website plugins, API integration
CMS plugins
Magento, Opencart, PrestaShop, WooCommerce
15. Apirone
Apirone is for merchants using an eCommerce solution such as WooCommerce, Opencart, OcStore and others. Merchants without these eCommerce solutions can use a RESTful API to create their own solution.
Interface
Wallet / App, Website plugins, Widgets & buttons, API integration, Invoices, Donations, PayURL
CMS plugins
Magento, ocStore, Opencart, PrestaShop, VirtueMart, WooCommerce, Wordpress
16. Calypso
Calypso provide crypto payment solutions for different business needs. Accept crypto from clients, process mass payouts with the lowest cost, charge clients for subscriptions in crypto, accept fiat and exchange to crypto easy and legally.
Interface
Widgets & buttons, API integration, Invoices, Payouts
17. COINQVEST
COINQVEST provides digital currency checkouts that automatically go from Bitcoin to a bank account, in minutes. It helps online merchants and e-commerce shops programmatically accept and settle payments in new digital currencies while staying compliant, keeping their accountants and tax authorities happy.
Interface
Wallet / App, Website plugins, Widgets & buttons, POS, API integration, Invoices, Donations, PayURL
CMS plugins
Magento, Shopify, WooCommerce, Wordpress
18. CoinsPaid
CoinsPaid is the company providing Cryptocurrency payment services. We enable businesses to widen their geographies, decrease costs, reach completely new markets by empowering companies with borderless reliable cryptocurrency payment methods. We support over 50 cryptocurrencies and counting.
Interface
Wallet / App, API integration, Invoices, PayURL
19. Cryptaduim
Cryptaduim is a crypto payment solution for business to send and accept crypto on their websites. Company has integrated 3 level referral system in order to proliferate crypto adoption around the globe.
Interface
Widgets & buttons API integration Invoices PayURL
20. UniPayment
UniPayment is a cryptocurrency payment gateway designed to help all individuals/businesses securely and cost-effectively process global transactions using cryptocurrencies. No setup fee, no monthly fee, no lengthy registration, with our secure, powerful and easy-to-use encrypted payment gateway, whether in your local or online store, it can meet your seamless, safe, fast and low-cost requirements instant crypto payments.
Interface
Wallet / App, Website plugins, Widgets & buttons, API integration, Invoices, Donations, PayURL
CMS plugins
Drupal Commerce, Magento, Opencart, PrestaShop, WHMCS, WooCommerce, ZENcart
21. Plisio
Plisio is a Payment Service Provider (PSP) for merchants accepting crypto.
Plisio operates according to the RESTful API standard and provides the following services: payment forwarding, requesting of the current weighted-average exchange rate, receiving a rate for a specified date and currency, and generating a QR-code.Interface
Wallet / App, Website plugins, API integration, Invoices
CMS plugins
BIGcommerce, ECWID, Joomla, Magento, ocStore, Opencart, OScommerce, PrestaShop, VirtueMart, WHMCS, WooCommerce, XCART
Lightning network
Bitcoin lightning
22. Cryptoprocessing.com
Cryptoprocessing.com — One of the most secure processing solutions on the market, employs a system of hot and cold wallets to ensure that clients' funds are always safe – yet always accessible. The company's turnkey solution is ideal for entrepreneurs who wish to open their own crypto processing business with minimal effort.
Interface
Wallet / App, API integration, Invoices, PayURL
23. Calypso Pay
Calypso provides crypto payment solutions for different business needs. Accept crypto from clients, process mass payouts with the lowest cost, charge clients for subscriptions in crypto, accept fiat and exchange to crypto easy and legally.
Interface
Widgets & buttons, API integration, Invoices, Payouts
24. CityPay
CityPay is a payment system for businesses to easily process transactions worldwide and convert received crypto funds into their local currency. CityPay.io makes international payments accessible to every business with the lowest costs and lightspeed timing.
Interface
Wallet / App, Website plugins, POS, API integration, Invoices
Lightning network
Litecoin lightning
25. BTCPAY
BTCPay Server is proudly free and open-source, built and maintained by a world-wide community of passionate contributors.
Interface
API integration
CMS plugins
Drupal Commerce, Magento, PrestaShop, WooCommerce, Wordpress
Lightning network
Bitcoin lightning
How to choose a crypto payment provider using Cryptwerk.com
Our directory lists more than 200+ different companies that allow to accept crypto in your online or offline store.
You can safely use any of gateways, described upper, each of which provides quality service proven by thousands of merchants.
But usually merchants have special requirements, and now we’ll show you how to choose a payment gateway to solve your business issues.
Use this link to enter the gateway directory: https://cryptwerk.com/companies/payment-gateway/
1. Cryptocurrencies
First, choose which cryptocurrencies do you want to accept in your store.
Use our filters, select necessary coins, and the system will provide you the list of crypto gateways, supporting the crypto you have chosen.
Cryptwerk.com currently lists 60+ most popular cryptocurrencies:
Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, Dogecoin, Dash, XRP, Tether, Monero, Ethereum Classic, Zcash, Binance coin, Tron, USDC, Stellar, DAI, ShibuInu, Digibyte, Bitcoin Gold, Cardano, Qtum, EOS, Solana, Polygon, Bitcoin SV, Pax Dollar, Wrapped Bitcoin, Verge, Polkadot, Decred, Chainlink, OmiseGo, Beam, Gemini Dollar, Decentraland, Fantom, Filecoin, Electroneum, Groestlcoin, Bytecoin, Komodo, Quant, PIVX, Axie, Apollo, Velas, Pengolin, TonCoin, Beldex and others.
2. Interface
Modern gateways provide various types of services focused on various types of business
Wallet (web or application), ready made plugins for CMS, various widgets & buttons, POS terminals for offline retailers, sending invoices by email or sms, donation functions.
Choose the functionality you need to start accepting crypto in your shop.
3. CMS plugins
This option is very useful for people who are using a Content Management System to manage content on website or web store.
Using our filters, you can find a gateway with the ready-made solution for your CMS.
Thus, the installation will be very quick and easy!
Just look at the CMS list supported by crypto gateways listed on Cryptwerk.com:
aMember Pro, AppThemes, Arassta, bbPress, BIGcommerce, Blesta, BOX billing, CB paid, Checkfront, CS.cart, DJ-Classifieds, Drupal Commerce, Easydigitaldownloads, ECWID, Event espresso, EventBooking, GIVE donations, HikaSHop, HostCMS, HTML5, Imagine, J2 store, Jigoshop, Joomla, LOADED commerce, Magento, ocStore, Opencart, OScommerce, NATS4, NCR, nopCommerce, PaidMembershipsPro, Payplans, phpMySQL, Planyo, Poster, PrestaShop, RedShop, R_keeper, Shop-Script, Shopify, Shopware, SpreeCommerce, SPY, Sylius, TheCartPress, Thirty Bees, Tomato Cart, Typo3 Multishop, VirtueMart, UberCart, uCommerce, Unique free, Waimea business, WCmarketplace, WHMOS, WooCommerce, Wordpress, WP eCommerce, Wpmudev, XCART, ZENcart, 1С.
4. Lightning network
Some gateways already allow to use network lightning technology. Here you can filter out the payment providers that support Bitcoin and Litecoin lightning network.
Conclusion:
Using our catalogue and filters you can choose the exact payment gateway that will meet the needs of your business.
Crypto gateways are instrumental in facilitating the adoption and use of cryptocurrencies in everyday transactions. By serving as intermediaries between blockchain networks and traditional payment systems, gateways simplify the process of accepting, converting, and storing cryptocurrencies.
Accepting cryptocurrencies as payment has become increasingly popular among businesses. The top 25 cryptocurrency payment processors mentioned in this article offer secure, efficient, and user-friendly solutions for websites and stores. Whether it's simple integration, multi-currency support, or innovative features, these payment processors cater to various business needs in the rapidly evolving digital economy.
