Your decision to integrate a payment gateway that uses cryptocurrency on your website was a smart one – more bonuses?
Nowadays, it is really vital to have a crypto payment gateway in case you have a business with transactions are carried out in the US or internationally.
What happens if you use the Crypto Payment Gateway on your website?
These payment gateways which allow businesses to accept crypto coins such as Bitcoin, Litecoin, Bitcoin Cash and more as a means of payment.
Anyone can buy goods and services from a business that accepts crypto transactions regardless of where it’s located around the world.
In addition, merchants that accept crypto payments can get free of the problems that are related to traditional payment options, like high costs, compulsory identification procedures, and delay.
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Why crypto payment gateways are beneficial for businesses?
There are numerous benefits when you allow your clients to make payments using crypto currency. Here are a few of them:
First of all, it’s secure and the customers are fully in control of their transactions.
Customers are able to benefit from the latest payment method.
It can help build your brand’s credibility as a forward-thinking business.
Beware of chargebacks if paying with a different method of payment.
Get access to new customers looking to pay for their products and services using cryptocurrency.
You now know how valuable it is to your business. It will elevate your business to a higher stage and bring in more customers.
The question is which payment processor should you pick?
We’ll review the top five crypto payment processors for 2020 and we’ll also suggest which one is the best for you.
Top 5 Cryptocurrency Payment gateways for 2020
1. Coinremitter:
Coinremitter, one of the top crypto payment gateways in the world, provides excellent services for clients and merchants all over the world.
It boasts a vast number of around 25000+ users and is in close connection with them.
In addition, Coinremitter has already processed over 5000 BTC and transactions happen every hour.
They are accepting the top cryptocurrency that is popular and safe such as Bitcoin, Litecoin, Dash Coin, Bitcoin Gold, and many others.
They are compatible with the most popular and powerful plugins, like Laravel, CorePHP, WordPress and many more, along with free API support.
Coinremitter has the benefit of not having to go through KYC, ID, background checks, etc. Everything is fine.
In addition, they have numerous other functions, including electronic invoices or currency swap. But the most prominent is the lowest transaction fees just 0.23 percent.
It was created to offer the fastest and most simple service.
2. Coingate:
CoinGate is yet another Crypto payment gateway with great merchant choices.
It is a user-friendly platform that allows merchants to sign up and start accepting crypto payments immediately.
The company is involved in developing an automated system that is driven by the user to speedily make payments for crypto payments.
CoinGate allows consumers and businesses across the globe to take advantage of and accept cryptocurrency-based payments.
This gateway for crypto-payments supports more than 40 crypto currencies. Merchants are able to increase the number of payment options by using this.
Coingate charges a 1% fee on all transactions that normally takes about an hour to complete.
3. Bitpay:
Bitpay is an American financial technology company. It’s a cryptocurrency-based payment system that businesses can use around the world.
The company utilizes a technology based on the blockchain to allow sellers to accept and pay with crypto coins. The payment system is controlled by crypto.
Bitpay assists merchants in reaching an international audience and fulfills their requirements. It also protects them from fraud.
Because of the international blockchain system, because company gives sellers complete control over their assets. Bitpay allows merchants to receive fast and secure delivery.
BitPay accepts bank transfers from 38 countries The only downside.
4. Coinpayments:
CoinPayments is a different well-known cryptocurrency website that caters exclusively to online retailers. It makes it easier to transfer funds with a variety of coins, including Bitcoin, Ripple, Bitcoin Cash, and Litecoin.
CoinPayments can also make instant payment transfers as well as a wallet that you can use to control your spending easier by deciding when you can access it.
A multi-coin wallet is offered, and offers top-of-the-line security.
Gift certificates are offered by retailers to encourage their customers to utilize crypto-coins to purchase goods or services.
CoinPayments has ready-made plugins like aMember Pro Arastta, WordPress, Magento, OpenCart, Shopify, WooCommerce and many more.
The platform is accessible to users on both iOS as well as Android to ensure that the cryptocurrency revolution doesn’t go unnoticed.
5. GoURL:
GoURL is a web-based financial service located in Dominica. GoURL’s charges range from 3.5% to free.
This gateway offers its merchants alternatives to traditional gateway system. Payment is made without the need to go to an external website.
GoURL’s platform eases the management of orders through a simple breakdown of payments. Payments are made in just 30 seconds after the transaction and are highly secure.
The great thing about GoURL is that it permits merchants to accept 1-click payments through their sites using Monetiser Online.
However, one drawback to GoURL is that the service is not able to provide direct bank transfer, which could most likely be a disappointment to certain companies.
The charges are also quite higher than the other payment gateways that accept crypto on this list.