Best Cryptocurrency Payment Gateways For Bitcoin
Cryptocurrency payment gateways are borderless payment networks that allow smooth transfer of cryptocurrencies and enables merchants and users to do transactions in bitcoins and altcoins. Payment gateway which accept Bitcoin as a payment also known as Bitcoin payment gateway. These payment gateways accept different cryptocurrencies including Ethereum, Altcoins, Litecoin, Ripple, Bitcoin Cash, etc.
In recent days, the crypto market has been volatile like never before. There are a lot of government restrictions and transactions are susceptible to losses. The price of bitcoin fell around 45% in December 2017 alone. So, business owners no longer want to hold back their bitcoins. They like to immediately liquidate and convert their bitcoins into fiat currency to avoid any loss.
The payment gateways allow immediate conversion of bitcoins and other crypto coins into the native fiat currency. The payment processors are equipped with other software tools which facilitate the whole process and allow automatic transfer of crypto coins into the wallet of the merchants.
Why should merchant accept cryptocurrencies like Bitcoin?
Since number of users of virtual currencies are increasing day by day, many countries are in process of drafting a regulatory framework for the use of cryptocurrencies. The benefits of using Bitcoin as a payment option are innumerable. Some of the benefits are listed below.
- It is safe and customers have full control over their transactions.
- A new payment option for customers who prefer cryptocurrencies.
- A discreet payment method with full privacy of your transactions.
- Payments are stored securely in the blockchain ledger.
- No fraud risks and does not share confidential information with the sellers.
- Transaction fees are significantly low as compared to debit and credit cards.
- Useful for international trips and can use the same currency in different currencies.
- No third-party intervention.
- No payment delays compared to conventional credit cards
- Secured by an authentic digital signature.
- Cross-border payment in real time.
Best Cryptocurrency Payment Gateways For Bitcoin Payments
We have prepared a list of 11 best cryptocurrency payment gateways for Bitcoin payments, we will discuss about each of them in brief.
Coinbase is one of the most popular bitcoin exchanges for business transactions. Download the merchant app and start accepting bitcoins. One of the key features of Coinbase is you can immediately start converting bitcoins into fiat and avoid the risk of price volatility.
- It is fast and no transaction fees for accepting crypto coins.
- It is integrated with WooCommerce, Shopify, Magento,and OpenCart, just have to 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.
CoinsBank is an all-in-one blockchain payment gateway. 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.
- Instant deposit and withdrawal methods.
- A two-factor authentication system to secure your wallet.
- Supports all major fiat currencies like USD, EUR, GBP, 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 synchronized debit card is accepted worldwide.
- A global exchange trade platform for customers at minimum risks and maximum profits.
BitPay, based on the US is one of the earliest Bitcoin payment gateways operating since 2011. Download the BitPay app and start accepting payments and online transactions. Bitpay also offers Bitcoin Debit Cards for easy crypto to fiat transactions.
- BitPay has opensource plugins suitable for eCommerce platforms.
- All payment transactions can be done in Bitcoin.
- Allows Bitcoin donations.
- POS mechanism allows bitcoin to be converted in 8 fiat currencies.
- Globally accepted and allows bank deposits in 38 countries.
- API platform offers a simple interactive interface.
- A two-factor authentication system allows full security.
- Multi-user facility.
- Multilingual and supports more than 40 languages worldwide.
- There are options for transaction speed according to your need.
- Compatible with all bitcoin cash wallets.
- Transaction notification through email and mobile text messages.
CoinGate another bitcoin payment gateway for your business allows you to use bitcoins and altcoins and accept payment in USD, EUR,and BTC.
- POS applications for different platforms like web browsers, Android and iOS.
- Comes with plugins for eCommerce platforms.
- Shapeshift integration that supports different crypto coins.
- Real-time integration with e-commerce
Blockchain.info is one of the oldest bitcoin payment gateways suitable for business as well as personal use. Currently it supports Bitcoin, Bitcoin Cash and Ether globally for transactions. Blockchain.info is a fomous crypto wallet but it is not limited to wallet only but also a repository which allows exploring Blockchain information, developments, and the statistical report of Blockchain and Bitcoin. It provides Bitcoin payment APIs which can be used for personal or business purposes. Implementation process is not simple as they don’t have any easy to use plugin for merchants. It requires little bit technical knowledge of programming to integrate it and use it without any fee. Features:
- The crypto wallet supports Bitcoin, Bitcoin Cash,and
- Download the mobile app into your Android and start bitcoin transactions.
- A completely free and secure wallet.
- API allows you to receive and send bitcoins to other wallets.
BTCPay Server is a free, open-source and self hosted cryptocurrency payment gateway which allows merchants to receive payments in Bitcoin and supported altcoins, directly in crypto wallet without any transaction cost, fees, or a middleman. The major advantage of BTCPay is that it is completely free and open-source software, developed by the community which allows user to directly receive payments P2P, with in the wallet. Some highlighted features are:
- Zero fee no middleman, comes with e-commerce support integration
- Lightning network for faster payments
- Supports Bitcoin as well as Altcoin payments
- Offers enhanced privacy and security
- Built-in crowdfunding
- Pay with BTCPay button
Blockonomics (Decentralized and Anonymous)
It is a decentralized cryptocurrency payment gateway which does not require any third party authentication, any permissions, and extra API integration to support transactions. For making payments, customers need to scan the QR code of the page or from digital wallets. Few highlighted features are:
- Secure environment for Crypto payments like Bitcoins, Litecoins, Bitcoin Cash etc.
- Merchants can use it anonymously for purchase of their products globally. (Without Registration)
- Supports major wallets like Mycelium, Blockchain.info, Trezor, Ledger Nano S, etc.
- Direct payments to the merchant’s crypto wallet.
SpicePay, another cryptocurrency payment gateway allows you to accept and exchange cryptocurrencies and store your funds securely in your wallet.
- A secure and convenient exchange platform.
- Exchange your digital coins to USD, EUR, GBP or CAD.
- Withdraw funds through wire transfer like PayPal or SEPA.
- Integrate payment gateway to your website.
- Donate through online digital tools.
- Online retail and e-commerce plugins allow you to connect your business globally.
- No fraud or chargebacks.
- Save up to 2% on every transaction.
- BitGo feature allows you to use the app in mobiles and desktop systems.
CoinPayments is another popular cryptocurrency gateway completely dedicated for the online merchants. It facilitates payments using a number of coins including Bitcoin, Ripple, Bitcoin Cas, and Litecoin. The merchants charged 0.50% as a transaction fee by CoinPayments. Few highlight includes:
- Allows merchants to accept over 1200+ coins for 0.5% fee.
- Unique $tag (pay by name) to receive payments from all coins.
- Offers plugins for all the popular webcarts.
- Supports GAP600 Instant Confirmations to make Bitcoin payments faster.
- Airdrops of new coins and tokens.
- Auto coin conversion and Multi coin wallets.
SpectroCoin is a free blockchain wallet that allows the instant exchange of your funds. Features:
- Supports more than 30 currencies including Ethereum, bitcoin, Dash and XEM.
- It allows high deposit and withdrawal limits.
- It has e-commerce plugins like Magento, OpenCart, PrestaShop, VirtueMart, WooCommerce.
- Offers a Bitcoin debit card.
- SpectroCoin API allows you to buy and sell bitcoins and other currencies.
GoUrl.io is an absolutely free opensource bitcoin wallet. It’s e-commerce plugins and API interface makes it one of the most trusted global network wallets.
- The wallet is 100% free with no subscription or monthly charges.
- GoUrl Monetiser allows you to sell music, videos, URLs, images,and texts online for crypto coins like bitcoins, dogecoin,and
- No ID or bank account authentication is needed.
- Customize your bitcoin box through JSON or JQuery.
- Earn by selling your products or make bitcoins through downloads.
- Earn through site registration.
- Allows third-party e-commerce plugins like WooCommerce etc.
- Earn through participation in Affiliate Programs.
Shopify gateway is an e-commerce payment gateway and is one of the most trusted one in the crypto market today.
- Very low transaction fees.
- Secured transactions allow you to accept payments from anywhere and anytime.
- POS applications allow you to use the wallet in tablets, PCs, and mobiles.
- Fast and hassle-free transfer of payments worldwide within minutes.
- No PCI compliance is required.
ALFAcoins is a trusted bitcoin payment gateway. It has integrated with some of the new crypto coins in the market like BitSend and CoinSplit. One of its unique features is the BitSend payout system which allows easy payment of salaries and bonuses to employees, payments to customers and merchants, and rewards and payouts for clients.
- Supports multiple crypto coins like Litecoin, Ethereum, Bitcoin Cash, DASH and XRP.
- Earn through our loyalty programs, digital gaming,and financial services.
- Its integrated API allows easy payments and transfer of funds.
- Worldwide payment services including Iran and North Korea.
- ALFAcoins can be easily exchanged into fiat currencies like USD or EUR and other cryptocurrencies and transferred to the respective bank accounts of users.
- CoinSplit features allow users to receive parts of payments in cryptocurrencies and parts in fiat like USD and EUR. They just need to set their default account currency.
BitcoinPay is one of the simplest ways to accept payments into your bank account and mobile wallets.
- Absolutely free and no monthly fees.
- Round-the-clock customer support.
- Transfer money daily into your bank accounts.
- API allows you to accept bitcoins payments into your website.
- POS app for iOS and Android phones.
- Request payment through email from your account and accept instant payment.
- Ecommerce plugins from more than 196 countries worldwide.
- Supports e-commerce platforms like OpenCart, Magento, WooCommerce, PrestaShop, etc.