Cryptocurrency Payment Gateway: What It Is, How It Works, Fees

Cryptocurrency Payment Gateway: What It Is, How It Works, Fees

Wire transfers in USD, EUR and GBP are available via SWIFT, SEPA and Faster Payments along with settlements in all the main cryptos and stablecoins. Our Cryptocurrency Payment Gateway was built with the core values of Cryptocurrency in mind with regards to anonymity and security. The plugin seamlessly enables your store to accept Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, and more, right away by simply adding your Wallet addresses.

Test any new integrations or functionality on a staging environment before publishing the changes to a production one. Testing is a major part of the B2BinPay integration process which helps eliminate any potential problems before going live. If the fee chosen is too small and the transfer is stuck (not yet confirmed) it can be replaced with a higher fee.


As payments in cryptocurrency are slowly becoming as widespread as payments in fiat money, crypto payment processors and cryptocurrency payment gateways are gaining popularity. This generates the birth of a new process called crypto payment processing – the processing of payments made in cryptocurrencies. PayPal has a cryptocurrency wallet that allows users to trade and complete purchases using their cryptocurrency balance. Merchants using PayPal with or without a cryptocurrency account with PayPal can offer checkout with crypto as an additional PayPal payment method. There are no extra fees for accepting cryptocurrency payments and PayPal does not charge for conversion to fiat currency. Moreover, merchants accepting this type of transaction get 24/7 fraud protection and purchase protection for qualified items.

  • A. Rise in need for transparency in payment system, increase in flow of remittances from foreign countries and high growth potential in developing economies majorly contribute toward the growth of the market.
  • Cryptocurrency gateways enable you to accept digital payments and receive fiat currency immediately in exchange.
  • The platform is a very convenient one when it comes to linking your business and accepting cryptocurrencies, whether you’re a service provider or an established crypto business.
  • For POS, you only need to download the BitPay mobile app for Android or iOS and pair your app with your BitPay merchant account with an API token.
  • However, unlike BitPay, Coinbase doesn’t support mobile POS functionality.

If you are using the HD Wallet Add-on, you can add the master public key of your wallet instead of adding addresses to the address list in step 2. You can choose from a wide variety of fiat options including Euro and USD, although some payments in EUR tend to be slower. Similar to many of its competitors, SpicePay will charge you 1% on all transactions. It easily integrates with Shopify, but naturally, you have to go through an acceptance process before you can start accepting funds with Strike.

Join us on social networks

Skynova research shows that 32% of US small businesses have some sort of cryptocurrency payment processor set up. Undeniably one of the best payment processors for Bitcoin, AlfaCoins has the unique feature of offering payments to be split between fiat and cryptocurrency. Empower your business with the right tools for accepting crypto payments online and providing the best customer experience. There are many platforms used by businesses to sell their products or services. CoinsBank provides a variety of features, including a payment gateway for blockchain services, a wallet, an exchange, merchant capabilities, and even a trading platform where users can trade crypto.

This feature is particularly useful for traders who stand to miss out if they are limited to open/close/mid-market rates only. Programmatically send fast payouts to your users, sellers, and creators around the world in their local fiat currencies and crypto, starting with USDC. You can continue without adding a KYC or a bank account, just sign up and begin. Integrating cryptocurrency payments into your existing system couldn’t be easier. The Paystand platform uses a payment infrastructure based on SaaS and blockchain to enable faster, less expensive, and more secure B2B payments.

What is a Crypto Payment Gateway?

Crypto payment gateways like BitPay, PayPal and Coinbase Commerce handle and facilitate the processing and receipt of cryptocurrency payments for merchants. In return, businesses receive fiat currencies in their bank accounts. Therefore, companies can offer alternative payment options to customers, removing uncertainties concerning cryptocurrencies. Binance Pay is one such crypto payment gateway that allows businesses to accept payments from customers in crypto. Once you’ve integrated the payment solution, customers can scan a unique QR code to open their wallet on their Binance App and pay you instantly anywhere they are. Crypto payment processing means the processing of transactions made in cryptocurrency.

Payment systems for the gaming industry should ideally offer users the chance to play using crypto. Attract new clients by offering them a way to top up their accounts with many different cryptocurrencies. You can store your Bitcoin and many other cryptocurrencies in your B2BinPay wallet. Although they charge a flat 1% fee on all transactions, it has had overwhelmingly positive reviews for its support team.

Top 15 Crypto Payment Gateways in 2023

Install Coinremitter’s crypto plugins in your
eCommerce platforms such as WordPress,
Magento & accept cryptocurrencies easily. KYT compliance technology makes sure your business ticks all the boxes when it comes to anti-money laundering requirements. Comprehensive data-centric information relating to transactions helps crypto businesses adhere to both local and global regulations. Send, store, exchange and accept digital payments
anytime, virtually anywhere across the globe.

CryptoCurrency Payment Gateway

With 135+ currencies and dozens of payment methods, easily adapt to your customers’ payment preferences. Merchants can process fast and errorless crypto transactions in top currencies supported by Coinremitter. Security features like 2FA, login shield and code
card add another layer of security to the
accounts of merchants and users. Join Cryptomus by signing up with a non-custodial wallet, phone number, or email to start accepting payments. Send, Receive, Store, Exchange and Accept cryptocurrencies in minutes with an industry-leading, regulated payments provider. Optionally you may navigate through the settings to customize the payment gateway to your preferences.