Best Cryptocurrency Payment Gateways
Cryptocurrency payment gateways are software platforms that allow businesses to accept cryptocurrency payments for goods and services. They bridge traditional financial systems and decentralized digital currencies by enabling e-commerce websites, service providers, and other professionals to diversify payment options and cater to a broader audience.
Cryptocurrency payment gateways offer features like real-time transaction confirmation, automatic conversion to traditional currency, and high-grade security protocols to prevent potential fraud. These functions guarantee secure, quick, and reliable crypto payments or transfers. Some cryptocurrency payment gateways do not automatically transfer the cryptocurrency to fiat currency, so the merchant can hold the digital coins as long as they like, usually in a cryptocurrency wallet.
Cryptocurrency payment gateways charge lower fees than traditional credit card payment systems and provide native dashboards to help track transactions. While these systems most commonly support Bitcoin payments, some gateways also support alternative cryptocurrencies, such as Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). Cryptocurrency payment gateways integrate with e-commerce platforms, point-of-sale systems, shopping cart software, and billing.
To qualify for inclusion in the Cryptocurrency Payment Gateway category, a product must:
Best Cryptocurrency Payment Gateways At A Glance
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- Overview
- Pros and Cons
- User Satisfaction
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Toku is the comprehensive platform designed to simplify token compensation and tax compliance, for startups, foundations or enterprises. Toku offers: Token Grant Administration: Our Token Grant Admin
- Customer Service Representative
- Consumer Services
- 59% Mid-Market
- 24% Small-Business
12,587 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
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Confirmo is one of the fastest growing stablecoin and crypto payment platforms on the market. Our clients are large enterprises, small businesses, and everything in between. They include industry lead
- Computer Software
- 68% Small-Business
- 32% Mid-Market
- Overview
- User Satisfaction
- Seller Details
CoinGate enables your customers to pay with Bitcoin, Litecoin, Ether, stablecoins and other virtual currencies. Receive settlements to your bank account without risk of exchange rate volatility, or wi
- CEO
- Information Technology and Services
- 78% Small-Business
- 11% Mid-Market
9,747 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Circle is a financial technology company that issues USDC and Euro Coin - globally accessible and regulated digital currencies powered by blockchain technology. USDC and Euro Coin provide a faster, sa
- 73% Small-Business
- 18% Mid-Market
230,102 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
One account, endless possibilities – Cryptomus is your go-to platform for everything crypto. Our multifunctional platform combines the best tools and services for secure, fast, and efficient digital a
- 88% Small-Business
- 12% Mid-Market
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Paytomat wallet is a simple to use wallet anybody can use to send and receive cryptocurrency, as well as to make purchases for food, gas, taxi, rentals, tickets and other services across the globe. A
- 64% Small-Business
- 21% Mid-Market
3,106 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Coinbase Commerce is the easiest and safest way for your business to start accepting digital currency payments.
- 76% Small-Business
- 18% Mid-Market
6,504,960 Twitter followers
- Overview
- User Satisfaction
- Seller Details
CoinsPaid is a leading payment ecosystem of innovative crypto solutions for businesses and individuals. Being an EU-licensed cryptocurrency services provider, CoinsPaid aims to satisfy the world’s eve
- Information Technology and Services
- 54% Small-Business
- 23% Mid-Market
17,685 Twitter followers
- Overview
- User Satisfaction
- Seller Details
A payment gateway that fits right in. A powerful API, 7 ready-made libraries, plugins for 22 e-commerce solutions, and instant integration into the world’s best e-commerce web services.
- 90% Small-Business
- 10% Enterprise
354,484 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Accept Crypto Payments
- Marketing and Advertising
- 100% Small-Business
160 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
PaymentX is an automated cryptocurrency payroll solution for your business. It enables you to pay the team in one click, send and receive professional invoices, set up regular payment dates – all with
- 73% Small-Business
- 27% Mid-Market
- Overview
- User Satisfaction
- Seller Details
CityPay.io makes crypto payments accessible for everyone by providing a cryptocurrency payment system to businesses. The product has been launched in 2021 and it’s already trusted by more than 750 com
- 50% Small-Business
- 30% Mid-Market
457 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Hoodpay is a crypto payments processor built to power and supercharge commerce. Businesses can set up a payment account, accept crypto payments and receive payments directly to their wallet. We're cut
- 62% Enterprise
- 23% Small-Business
46 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
IvyPay is a software suite to manage electronic money payments, multi currencies and supports cryptocurrency as well.
- 82% Small-Business
- 18% Mid-Market
367 Twitter followers
- Overview
- User Satisfaction
- Seller Details
BTCPay Server is a free and open source server for merchants wanting to accept Bitcoin for their business. The API is compatible with Bitpay service to allow seamless migration.
- 73% Small-Business
- 18% Enterprise
54,177 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Coinify is an established global virtual currency player offering individual currency trading, white-label partner solutions, payment processing services, and more.
- Computer Software
- Financial Services
- 76% Small-Business
- 13% Enterprise
4,894 Twitter followers
- Overview
- User Satisfaction
- Seller Details
We make accepting Bitcoin safe and easy Private billing, secure payments, no sign up costs and low fees
- 67% Small-Business
- 27% Mid-Market
- Overview
- Pros and Cons
- User Satisfaction
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Coinomi is a security-first multi-asset wallet that provides native support and true ownership for a total of total of 1770 coins and tokens, available in 168 fiat currency representations and 25 lang
- Information Technology and Services
- 71% Small-Business
- 21% Mid-Market
75,940 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Cryptopay is a custodial digital asset brokerage platform. Its aim is to bridge the gap between the realms of digital currency and conventional finance. Registered as CPS Solutions OÜ, the company ha
- 70% Small-Business
- 20% Mid-Market
- Overview
- User Satisfaction
- Seller Details
Electroneum is a Layer 1 EVM-compatible blockchain, catering to 4+ million users worldwide. The network boasts transaction speeds of just 5 seconds with instant finality and potentially the lowest sma
- 81% Small-Business
- 15% Enterprise
126,559 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Coinremitter, the crypto payment processor with the lowest processing fees (only 0.23%), makes accepting payments in popular cryptocurrencies like Bitcoin and Ethereum easy. No need for KYC or adding
- 64% Small-Business
- 36% Mid-Market
9,714 Twitter followers
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- Pros and Cons
- User Satisfaction
- Seller Details
NOWPayments is a non-custodial crypto payment gateway that lets you accept payments in 75+ cryptocurrencies and auto coin conversion supported, which enables merchants to accept any crypto they prefer
- 85% Small-Business
- 8% Enterprise
170,900 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Paymium is the company behind the Paymium Bitcoin exchange, offering a secure, reliable, high-performance trading platform in compliance with European regulations.
- 75% Small-Business
- 25% Mid-Market
17,059 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Crypterium is a digital App that provides one of, if not the most complete range of cryptocurrency products and services in the world; 15 at last count with many more on the horizon. In 2020 it has be
- 50% Small-Business
- 33% Mid-Market
25,300 Twitter followers
- Overview
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- User Satisfaction
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0xprocessing is a secure crypto payment gateway with 4+ years of reliable service that allows businesses to accept payments in over 50 popular cryptocurrencies. We offer: - Multiple processing optio
- 40% Mid-Market
- 40% Small-Business
1,268 Twitter followers
- Overview
- User Satisfaction
- Seller Details
We compare crypto loans, savings accounts, debit cards & more to help you save time and maximise your crypto profits
- 60% Small-Business
- 20% Enterprise
- Overview
- User Satisfaction
- Seller Details
Buy cloud servers with Bitcoin
- 60% Small-Business
- 20% Enterprise
388 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Blockonomics is a decentralized Bitcoin payment solution that provides you with specialized transactional tools to enhance your BTC use. Founded in April 2015, our global team of seasoned crypto devel
- 83% Small-Business
- 17% Mid-Market
3,493 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Send, Exchange or Accept fiat and Cryptocurrency on your personal Account or Website. Crypto Payment Gateway 💳 Online Exchange 💴 Send Money Online 💸 Sell & Buy Crypto 💲
- 60% Mid-Market
- 40% Small-Business
8 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Start accepting Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies as a way of payment. Our on-premises software is installed on your server and you are the only one to control your money.
- 75% Small-Business
20 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Accept Bitcoin, Litecoin, Ethereum crypto payments - Receive payments, automated status updates and payout settlement - No crypto currency volatility risk for our merchants - Zero fee for merchants u
- 50% Small-Business
- 50% Enterprise
- Overview
- User Satisfaction
- Seller Details
The solution that automates processing of cryptocurrency for anyone who wants to expand the payment methods available on their own website.
- 75% Small-Business
- 25% Enterprise
3,202 Twitter followers
- Overview
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- User Satisfaction
- Seller Details
CryptoProcessing.com is a cryptocurrency payment gateway and the flagship brand of the CoinsPaid ecosystem, specializing in providing crypto payment solutions for the B2B industry. With extensive expe
- Information Technology and Services
- 50% Mid-Market
- 50% Small-Business
1,988 Twitter followers
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- User Satisfaction
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Allowing businesses to accept crypto payments As a B2B provider, we allow clients to easily integrate cryptocurrency into their payment options, increasing the business’s appeal to crypto users. Rece
- 50% Small-Business
- 50% Mid-Market
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
OxaPay crypto payment gateway is your entry point to the world of cryptocurrency payments, offering a versatile range of merchant API services that cater to businesses' diverse needs. Business owners
- 75% Small-Business
- 25% Mid-Market
- Overview
- User Satisfaction
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- 100% Small-Business
188 Twitter followers
- Overview
- User Satisfaction
- Seller Details
- 50% Mid-Market
- 50% Small-Business
- Overview
- User Satisfaction
- Seller Details
Bisq is an open-source desktop application that allows you to buy and sell bitcoins in exchange for national currencies, or alternative crypto currencies.
- 100% Small-Business
- 33% Mid-Market
53,238 Twitter followers
- Overview
- User Satisfaction
- Seller Details
BitBucks paves the way towards Bitcoin adoption! The Bitcoin Wallet is avaiable for iOS and Android and enables instant payments with Bitcoin in retail. BitBucks' simple functionality enables mercha
- 67% Small-Business
- Overview
- User Satisfaction
- Seller Details
The world’s first Crypto-Only E-commrce. Launched in 2020 offering a wealth of high-end items available for purchase in Bitcoin,Etherium, Litecoin, Bitcoin Cash, Ripple, Doge. Bitcrypto Market makes u
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
BlockBee is a fintech company that builds crypto payments infrastructure for the internet. Businesses of every size — from early-stage startups to hypergrowth companies — use our software to accept c
- 67% Small-Business
- 33% Mid-Market
- Overview
- User Satisfaction
- Seller Details
CoinPayments is a digital currency payment solution allowing merchants to accept Bitcoin, Ethereum, Litecoin, and other altcoins in their store through easy to use plugins, APIs and POS interfaces.
- 100% Small-Business
55,083 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
With CryptoPay, you can receive payments from supported blockchain networks such as Bitcoin, Solana, Tron, especially EVM-based blockchain networks, and the currencies (tokens) under these networks. I
- 100% Small-Business
73 Twitter followers
- Overview
- User Satisfaction
- Seller Details
FCF Pay is the world's fastest growing blockchain payments system, including a multichain payment gateway for ecommerce or physical stores, crypto invoicing for companies or freelancers and even strea
- 100% Small-Business
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Fipto is a global B2B cross-border payments platform that enables businesses to send and receive fiat and digital currencies instantly around the world through blockchain rails. Fipto combines the be
- 67% Small-Business
- 33% Enterprise
295 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Unlock the potential of the digital asset universe with Onramper. Our platform empowers users across 190 countries with access to 139+ fiat options, 1000+ cryptocurrencies, and 120+ local payment meth
- 67% Small-Business
- 33% Mid-Market
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Paychant is a cryptocurrency payment gateway solution that enables merchants to accept crypto payments online and offline.
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Poof.io is a digital payment processor that helps businesses accept all payment types from cryptocurrency to fiat. Using Poof's payment API or Poof's no-code e-commerce stores, businesses can accept d
- 100% Small-Business
7,173 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Volet.com: e-wallet platform for private and business users. Crypto and fiat acquiring and API payouts, offramps/onramps and other merchant tools. Perfect for crypto exchanges, affiliate programs, mar
- 67% Small-Business
- 33% Mid-Market
- Overview
- User Satisfaction
- Seller Details
ZuPago HyBrid (HD) Wallet has a wide range of tools that are convenient for settlements between clients.
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Apirone is a BITCOIN processing company.
- 100% Small-Business
1,644 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Aurpay Crypto Payment Gateway 🔥With the innovation of blockchain technology,Aurpay help you earn more $2/order compare to others.imaging 1,000 orders,you can add $2,000 revenue from Aurpay. 🔐Aurpa
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Binamite lets you pay/get paid in any ratio of fiat+crypto. Pay with crypto, receive in fiat, or vice-versa. As the blockchain industry races to solve the scaling trilemma, crypto payments face a more
- 100% Enterprise
- Overview
- User Satisfaction
- Seller Details
BIPS is Payment Service Provider (PSP) specializing in the technical aspects of accepting cryptocurrencies - such as bitcoin.
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
BVNK provides modern payments infrastructure for businesses. We unify banks and blockchains in a single API platform. With BVNK, businesses can send and receive stablecoin payments, convert between cu
- 100% Small-Business
2,430 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Coinsnap provides the technical infrastructure to enable Bitcoin payments on your website.
- 50% Mid-Market
- 50% Small-Business
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Flyp.me is built and managed by the team at HolyTransaction, one of the first multi-currency wallets and the oldest still active.
- 100% Small-Business
4,289 Twitter followers
- Overview
- User Satisfaction
- Seller Details
PassimPay is a comprehensive platform that provides all the necessary features for managing cryptocurrency and the budget of your online business. PassimPay allows clients to quickly, easily, and secu
- 50% Enterprise
- 50% Small-Business
- Overview
- User Satisfaction
- Seller Details
Stress-free payments. Use PayBilla to accept payments made with Visa, Mastercard, American Express, debit cards, and more, prevent fraudulent payments, and lower your chargeback rate.
- 50% Mid-Market
- 50% Small-Business
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Payment4 is a cutting-edge cryptocurrency payment gateway designed to empower businesses globally with fast, secure, and borderless payment solutions. As the digital payment ecosystem continues to ev
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Crypto Payment Gateway for All Kinds of Needs
- 100% Small-Business
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Radom is a suite of crypto APIs and no-code products that enable businesses to accept cryptocurrency payments from their customers.
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Based on ATO estimates, over 1 million Australian's hold digital currencies and as of March 2022 the total digital currency market is over $2 trillion USD. Founded in late 2019, RelayPay is Australia'
- 50% Mid-Market
- 50% Small-Business
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
The all-in-one finance solution built for Web3 champions. Companies, DAOs, and Freelancers use Request to easily manage and track crypto invoices, salaries, and expenses in a fast, secured, and compli
- 50% Mid-Market
- 50% Small-Business
- Overview
- User Satisfaction
- Seller Details
Accept bitcoin on your online or offline store, instantly over the Lightning Network or on-chain, at no setup cost. Speed provides a secure and easy-to-setup white-label crypto payment solution for y
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Stampery enables users to certify the existence, integrity and ownership of any file or communication using the bitcoin blockchain.
- 50% Mid-Market
- 50% Small-Business
- Overview
- User Satisfaction
- Seller Details
TechnaPay is an online crypto payment gateway that allows transactions using digital assets via API integration. Established as a fully bootstrap company by a core team of tech enthusiasts in 2022, T
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Trriple is currently the only digital payments platform in the UAE designed for both consumers and businesses, saving everyone time and money on anytime, anywhere payments. It provides one safe and co
- 50% Small-Business
- 50% Mid-Market
88 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Xapo is a digital wallet that lets you invest, trade and spend without restrictions.
- 50% Small-Business
- 50% Mid-Market
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Accept crypto payments in your business bank account.
- 100% Mid-Market
- Overview
- User Satisfaction
- Seller Details
API-powered, our solutions are fully tailored for your platform’s needs in the embedded finance era.
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
0xpay is a crypto and fiat processing solution for business & merchants. It allows any individual or a company to start receiving payments in crypto for products and services only two hours after
- 100% Enterprise
- Overview
- User Satisfaction
- Seller Details
a3Pay is a modern cryptocurrency payment collection system used by businesses and individuals to collect payments in bitcoin, ethereum and other cryptocurrency coins and tokens. a3Pay also provides fr
- 100% Small-Business
- Overview
- Pros and Cons
- User Satisfaction
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Paying and sending invoices in crypto is a tedious process. Acctual simplifies managing invoices/bills, accelerates payments, and integrates with existing tools like QuickBooks and Xero. Flexible paym
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
ALFAcoins is a secure payment processor and crypto payment gateway for merchants who aim to accept cryptocurrencies. It easily integrates into your website or existing payment flow, with an API, widge
2,550 Twitter followers
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- User Satisfaction
- Seller Details
Our platform is customized to your look and feel, integrates with a KYC/AML provider and allows you to easily collect funds using BTC, ETH, USDT, USD, EUR. The embedded data processing system offe
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
What is B2BINPAY? B2BINPAY is a cutting-edge cryptocurrency payment solution designed for businesses looking to integrate seamless digital payments into their operations. We offer a secure and cost-e
- 100% Small-Business
7,102 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Through Bitnovo Pay, we provide merchants with a payment gateway solution to accept payments in cryptocurrencies and receive settlements in their national currency or any cryptocurrency available on o
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Bitpace is a brand of SG Veteris. SG Veteris provides cryptocurrency-based financial solutions, enabling its clients and partners to adopt cryptocurrencies and expand their place within the ecosystem,
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
BoomFi is the easiest and safest way for your business to start accepting digital currency payments. Collect one-time to recurring payments and settle in crypto or fiat currencies. No-code, low-code,
- 100% Small-Business
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
BucksBus is a crypto payment gateway for business with no KYC and nearly 0% fees. It provides direct payments from customer's wallet to non-custodial merchant's wallet, eliminating third-party involve
- 100% Small-Business
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
CCPayment is the world's leading cryptocurrency payment platform, renowned for its extensive support of diverse cryptocurrencies and seamless integration with a wide array of public blockchains. As an
- 100% Mid-Market
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
CFD liquidity is provided for over 7000 assets in 7 asset classes. Key Features: - Direct access to deepest institutional liquidity pools - No requotes, dealing or Last Look - Direct Market Access -
- 100% Mid-Market
3,202 Twitter followers
- Overview
- User Satisfaction
- Seller Details
All-in-one Solution for Legally Crypto Operating with the lowest fees. Accept payments, pay, sell, convert and withdraw funds in one tap. Multiply your profit through the access to a crypto market. 3
- 100% Enterprise
- Overview
- User Satisfaction
- Seller Details
CryptoCloud - universal cryptocurrency payment processing solution for any business Ready to provide: - Low commission from 1% - Fast funds withdrawal (within 30 minutes) - Help with integration and
- 100% Small-Business
28 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Launch a white label MT4/MT5 brokerage geared for cryptocurrency trading or use one of dozens of other platforms for a custom product.
- 100% Small-Business
3,202 Twitter followers
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
Cryptody is a top crypto payment gateway for any business looking to accept crypto. Effortlessly accept crypto payments for your products and services, then enjoy instant, seamless payouts in your pre
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Defexa Wallet is a full-circle solution for your funds. Our project aims to shake up the idea of complicated crypto dealing and put the only App you need for your crypto management right there on your
- 100% Mid-Market
- Overview
- User Satisfaction
- Seller Details
Eroscoin is a platform that empowers & enhances the payment systems.
- 100% Mid-Market
969 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Decentralized payment infrastructure We help accept one-time and recurring crypto payments directly to your wallet.
- 100% Small-Business
- Overview
- Pros and Cons
- User Satisfaction
- Seller Details
B2Broker is a Prime of Prime (POP) liquidity provider delivering access to all Tier-1 liquidity venues, empowering your business with incomparable levels of technology, depths of liquidity, speed of e
- 100% Small-Business
3,202 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Gourl.io is a payment platform where vendors and consumers can transact with each other, backed by the new bitcoin/altcoin payment protocols.
- 100% Small-Business
54,555 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Heropayments is a multi-purpose cryptocurrency payment gateway.
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Preparing Organizations for the Age of Crypto-Commerce Next Generation FinTech and Blockchain Solutions!
- 100% Mid-Market
- Overview
- User Satisfaction
- Seller Details
#MetaGate is not just another cryptocurrency wallet and browser for decentralized applications. It is a gateway to the decentralized internet which exists in parallel with the usual internet but follo
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Mycelium Gear payment page allows you to set up integration with existing shopping cart e-commerce solutions or your custom software just like classic fiat payment solutions.
- 100% Small-Business
9,699 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Evolving tech for your business
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Unlock your business with the latest technology in payment processing.
- 100% Small-Business
86 Twitter followers
- Overview
- User Satisfaction
- Seller Details
Polus Payments is a decentralized crypto payments gateway that offers best conversion rates and fast connections across multiple blockchain networks. It provides a convenient web form for customers to
- 100% Small-Business
- Overview
- User Satisfaction
- Seller Details
Prodoge is a platform for global business and payments. Anyone with the Prodoge mobile app can connect their crypto currency wallets or Paypal & Stripe and get started sending invoices, payments,
- 100% Small-Business
Learn More About Cryptocurrency Payment Gateways
What are cryptocurrency payment gateways?
Cryptocurrency payment gateways act as intermediaries between customers who want to make purchases in crypto and businesses accepting payments in crypto. They are widely used in industries like e-commerce, freelancing, and online businesses.
With cryptocurrency payment gateways, businesses tap into a growing market and offer customers an alternative payment method. These platforms empower businesses to think beyond the uncertainties of cryptocurrency and offer the necessary infrastructure to process transactions safely. They simplify how companies accept and manage cryptocurrency transactions while providing security and convenience for everyone involved.
What are the common features of cryptocurrency payment gateways?
Some of the core features of cryptocurrency payment apps are given below.
- Instant settlements: Cryptocurrency payment platforms immediately settle transactions, converting the received cryptocurrency into fiat currency and transferring it to the business’s bank account.
- Integration: Cryptocurrency payment gateways offer application programming interfaces (APIs) and plugins to help businesses integrate crypto payment options into their websites and applications.
- Regulatory compliance: Cryptocurrency payment gateways typically have built-in compliance measures to adhere to anti-money laundering (AML) and know-your-customer (KYC) regulations. This helps businesses conform to the legal requirements.
- Reporting and analytics: Payment gateways often provide detailed reporting and analytics capabilities so businesses can track their transactions, sales, and other crucial data.
- Security: Crypto payment gateways employ comprehensive security measures to protect transactions and customer information. They use encryption, secure sockets layer (SSL) certificates, and other security protocols to ensure the safety of funds and sensitive data. Additionally, businesses are protected from chargeback fraud.
What types of cryptocurrency payment gateways exist?
Each type of gateway has its own advantages and functionality. The right choice for any use case will depend on individual requirements.
- Direct payment gateways let merchants accept cryptocurrency payments without needing an intermediary. Once the customers pay, the funds are transferred to the merchant's wallet directly.
- Intermediary payment gateways act as arbitrators between customers and merchants to facilitate cryptocurrency transactions. Depending on the merchant's preference, they may convert cryptocurrencies to fiat currency or vice versa.
- Fiat and crypto gateways support cryptocurrency and fiat currency transactions, allowing merchants to receive payments in either form.
- Crypto-to-crypto gateways only take care of transactions between different cryptocurrencies. They're typically used by people who operate entirely within the crypto ecosystem.
- Centralized and decentralized payment gateways need a trusted intermediary to process transactions, like most traditional financial systems. On the other side, decentralized gateways use blockchain's peer-to-peer design to process transactions between parties directly.
- Single and multi-cryptocurrency gateways only work with one type of cryptocurrency, typically Bitcoin. Multi-currency gateways support a range of cryptocurrencies, which benefits those operating in various crypto markets.
- Custodial and non-custodial gateways differ with regard to who has authority over funds. The service provider has control of the user's funds for custodial gateways. Non-custodial gateways allow users to have full control of their funds, adding an additional layer of security since they are not stored on the gateway.
What are the benefits of cryptocurrency payment gateways?
Cryptocurrency payment gateways offer several benefits for businesses and customers alike.
- Faster settlements: Crypto payments are settled much faster than traditional banking system solutions, which often involve delays due to long processing periods and intermediaries. With cryptocurrency payment gateways, businesses receive funds quickly – sometimes within minutes – improving cash flow and liquidity.
- Access to a wider customer base: Businesses tap into a global customer base using cryptocurrency payment solutions. Companies can accept digital payments from customers anywhere in the world without the limitations of traditional banking systems or currency conversion issues.
- Lower transaction fees: Cryptocurrency transactions involve lower fees than traditional payment methods like credit cards or bank transfers. Since they can facilitate transactions at lower costs, they reduce the expenses associated with payment processing.
- Privacy and anonymity: Cryptocurrency payment processors offer clients increased privacy. Transactions conducted with cryptocurrencies typically don’t require customers to disclose sensitive personal information, which protects their privacy and reduces the risk of identity theft or data breaches.
Cryptocurrency payment gateways vs. Traditional payment gateways
Both cryptocurrency and traditional payment gateways are platforms that facilitate online transactions between merchants and customers. However, their underlying technology and the currency they operate with differ.
Traditional payment gateways use centralized financial systems, compared to cryptocurrency payment gateways that operate on a decentralized blockchain. The choice between the two depends on the target market, regulatory environment, and the level of risk tolerance.
Cryptocurrency payment gateways come with benefits like lower processing fees and global accessibility but also bring challenges related to volatility and regulatory uncertainties. Traditional payment gateways provide a more regulated framework but may involve higher fees and longer transaction times.
Who uses cryptocurrency payment gateways?
- E-commerce businesses: E-commerce businesses utilize crypto payment gateways to accept online payments. They offer a gateway with customizable payment buttons that reflect the business’s branding.
- Freelancers: Freelancers and consultants can use crypto payment platforms to receive client payments. Cryptocurrencies offer faster and more cost-effective cross-border payments, making them ideal for freelancers who work with international clients.
- Brick-and-mortar stores: Physical retail stores and businesses may use mobile applications or POS systems that integrate with the payment gateway so customers can pay with digital currencies in the store. They can also create quick response (QR) codes with the help of these platforms.
- Nonprofit organizations: Crypto payment processors benefit nonprofit organizations that want to accept cryptocurrency donations. Besides making it easier for donors to contribute funds using digital currencies, it also provides increased transparency and peace of mind regarding transaction tracking.
Cryptocurrency payment gateway pricing
The pricing and fees of cryptocurrency payment gateways vary per the service provider, but these associated costs are typical.
- Transaction fees: Most cryptocurrency payment gateways charge a small percentage of the transaction amount as a fee. This cost can range from 0.5% to 3% or higher. In some cases, there might be a fixed fee per transaction in addition to the percentage fee.
- Integration cost: Depending on the integrations needed for your existing systems, you might have to pay the associated costs to your service provider. The exact amount depends on your business's needs and setup.
- Subscription fees: Some payment gateway providers offer different subscription plans. Higher-tier plans usually include additional services or lower transaction fees.
- Currency conversion/exchange fees: If the payment gateway automatically converts cryptocurrencies to fiat, certain fees might apply to that process. The exchange rates can also affect the overall cost.
- Setup fee: Many service providers charge a one-time setup fee.
Challenges with cryptocurrency payment gateways
Software solutions come with their own set of challenges, despite their advantages.
- Anonymity: The primary purpose of cryptocurrency is to preserve user anonymity by going around third parties like financial institutions and payment gateways. A cryptocurrency payment system is a third party that cryptocurrencies were designed to bypass.
- Volatility: Cryptocurrencies are known for frequent, often rapid, price fluctuations. Merchants who accept cryptocurrency payments may face challenges with managing volatility, as the value of the received cryptocurrencies may change quickly. This puts revenue calculations, profit margins, and financial stability at risk. However, certain products lock in the exchange rate applicable at the point of transaction.
- User experience: Cryptocurrency payment gateways may require users to go through more steps than traditional methods. Along with a basic comprehension of cryptocurrencies, users must understand how to create and manage wallets and perform transactions using wallet addresses. This additional complexity can impact the overall user experience and potentially deter some customers.
How to choose the best cryptocurrency payment gateways
Some cryptocurrency payment tools offer advanced features, while some focus on security. Therefore, buyers should take their time researching their options before making a purchase decision.
The purchase process should begin with buyers defining their key requirements for the software product. After they decide which type of cryptocurrency will be supported, buyers have to consider security features, regulatory compliance, and vendor reputation.
Compare cryptocurrency payment gateway products
Buyers should create a long list containing every crypto payment tool they’re considering. Then they should refine the list. At this stage, buyers can eliminate products without nice-to-have features, like customizable payment buttons or QR codes.
Buyers can compare different cryptocurrency payment solution vendors on G2.com. Look for those with a good reputation in the market, essential features, and transparent pricing policies.
Conduct product demos
Buyers should test the cryptocurrency payment gateway products to ensure they work as advertised prior to finalizing a decision. Most software vendors offer free trials or demos. Ideally, users should try out the top five software options from the short list with the same use cases.
Choose a selection team
A selection team should assess how secure and reliable the product is and whether it will meet the company's specific needs. The team can include key stakeholders such as product managers, security professionals, and financial managers.
Negotiate a deal
Buyers shouldn’t be afraid to ask the software providers for additional discounts based on the seats they purchase. If there are certain features that the buyer may not use, they can ask the vendor if it's possible to receive additional discounts by removing them.
Final decision
After conducting demos and discussing them with the selection team, buyers should properly understand whether the crypto payment gateway software meets their requirements and performance criteria. If the selection team endorses the product, the buyer can proceed with the contracting process. If not, the buyer can return to the short list and test out more product options.
Cryptocurrency payment gateway trends
- Integration of non-fungible tokens (NFTs): Several payment gateways have incorporated non-fungible tokens (NFTs) to match the increasing popularity. Merchants can accept payments for NFT purchases, expanding the range of goods and services processed using cryptocurrencies.
- Integration with decentralized exchanges (DEXs): Cryptocurrency payment gateway providers are exploring partnerships with decentralized exchanges (DEXs) to provide users with more ways to convert cryptocurrencies into fiat or other digital assets. Separate exchanges are unnecessary because the integration allows for real-time conversion and settlement.
- Decentralized finance integration: Integrating decentralized finance (DeFi) protocols and smart contract capabilities into cryptocurrency payment gateways is gaining traction. This makes it easier to handle more complex financial transactions directly within the payment gateway ecosystem.
Researched and written by Amal Joby
Reviewed and edited by Aisha West
