They are over when cryptocurrency payments were just another way for early adopters to participate in online affairs. With an increasing number of global merchants now accepting Bitcoin as a form of payment, there’s never been a better time to start considering accepting this form of digital currency. So, where do you begin? Let’s look at five cryptocurrency payment processors and gateways that can get you up and running with bitcoin payments. Get excited by trading Bitcoins at https://bitalpha-ai.org/.
- Coinbase:
Coinbase is a global digital asset exchange company. Coinbase has been committed to building a secure, easy way for people to buy/sell Bitcoin and other cryptocurrencies. It is possible with Coinbase through their industry-leading platform that allows users to convert the local currency into and out of the cryptocurrency.
The company’s products are all backed by a guarantee of total reserves, as stated in their terms and conditions. Remember that Coinbase does not provide customer support for transaction issues as they are executed directly between users on the platform through an exchange service model.
- Bitpay:
BitPay is one of the leading digital currency payment processors in the world. BitPay operates as a digital currency processing gateway, helping businesses accept bitcoin payments and receive funds directly to a bank account. BitPay merchants can also accept Bitcoin payments on their eCommerce websites using a shopping cart plug-in.
- GoCoin:
GoCoin is a service for merchants and affiliate marketers who want to accept Bitcoin, Litecoin, and Dogecoin payments online or at the point of sale. GoCoin is one of the few bitcoin payment gateways that offer instant conversion from cryptocurrency to USD, GBP or EUR at checkout via their partnership with Simplex (a fully licensed Payment Service Provider).
- Bitpay Card:
Bitpay Card is a BitPay prepaid debit card that allows merchants to spend bitcoins at the point of sale or online instantly. The card works in partnership with over 500,000 independently owned and operated retail locations worldwide, including Walmart, Target, CVS, Walgreens and more.
They have their proprietary Verified by Visa (VBV) program to provide additional consumer protection for their users when using the cards at merchant locations. The company also offers a full spectrum of consumer banking services for individuals and small businesses in the United States through a partnership with Vigo Financial Services.
- Coingate:
Coingate is a bitcoin payment processor that allows merchants to accept bitcoin payments online or at physical locations. In addition, the service offers the ability to instantly convert the local currency into and out of bitcoin, making it possible for businesses to receive funds in their bank account instantly.
- CoinPay:
CoinPay operates as a Bitcoin debit card that allows users to spend bitcoins online, offline, and with mobile applications worldwide. To get started with cryptocurrency payments, you will need a wallet where you keep your digital currency.
- NOWPayments:
Bitcoin, Ethereum, Dogecoin and Litecoin are just a few of the dozens of digital tokens supported through Now pay. The company also offers a variety of payment processing options for merchants that allow them to receive funds into their bank account or directly to their wallet through their proprietary system.
- CryptoPay:
CryptoPay is one of the world’s most established and trusted cryptocurrency payment gateways. The press has lauded CryptoPay as one of the fastest-growing online payments services in recent years, and its platform has been used by over 20 000 merchants worldwide.
- Alfa Coins:
Alfa Coins is a digital currency-based payment provider that allows users to convert fiat into digital currencies instantly and vice versa. The company also offers merchants the ability to receive funds from their bank account or crypto wallet instantly.
- Fiery:
Fiery is one of the first payment processors in the world that offers instant conversion between bitcoin and fiat with their proprietary system at checkout. Fiery also employs an escrow service, which provides additional protection for merchants during transactions by ensuring funds will only be released by people to those specified by the merchant and the payment processor.
- CoinsBank:
CoinsBank offers a wide variety of cryptocurrency and fiat payment options. The company offers an impressive list of features, including:
- Complete Cycle Hosted Wallet and Premium Merchant Tools
- Multi-Currency Debit Card
- Crypto-Fiat Exchange
- Foreign Currency Exchanger
- Merchant Tools and APIs
- Payza:
Payza is a leading global online payment solution that supports multiple cryptocurrencies. Merchants, businesses and e-commerce sites can open an account with Payza to accept payments online via credit & debit card, bank transfer, cheque or many different cryptocurrencies (Bitcoin, Litecoin, etc.).
