As a follow-up post ahead of the launch of XPay, let’s look specifically at cryptocurrencies which have revolutionized the way we transact.
Here are the Top 10 crypto currency payment gateways.
- Coinbase Commerce.
Coinbase is the largest Bitcoin exchange in the United States, also one of the biggest global exchanges as well. They have a payment gateway for merchants called Coinbase Commerce. If you run Woo-commerce or Shopify then this gateway will help you to accept Bitcoin, Bitcoin Cash, Ethereum, and Litecoin for free. Not only WooCommerce and Shopify, they also integrated with PrestaShop, Magento, OpenCart and a few others. If you’re a developer then you can use their API in your website.
Already 2000+ merchants from worldwide accept cryptocurrency by Coinbase Commerce.
If you’re the person who does not understand technologies like cryptocurrencies and wanted to use crypto for making more profit? BitPay is a perfect match for you. Because BitPay is an easy and simple payment gateway to set up and operate. They have been the leading Bitcoin and Bitcoin Cash payment processors since 2011.
The best thing about them is they offer a free cap of $1,000 worth of daily transactions and $10,000 annual transactions before it levies a 1% transaction fee. This makes them an excellent choice for small businesses and startups. BitPay supports numerous fiat currencies including the U.S. dollar, Euro, Pound Sterling, and Chinese Yuan and direct bank deposits. Another nice feature is the two-factor authentication that helps make accounts even more secure.
BitPay is trusted by Microsoft, airBaltic, Newegg, Neteller, Virgin, Shopify, and many Big companies.
If you want to accept a variety of cryptocurrencies rather than Bitcoin, Bitcoin Cash, Ethereum?
Then CoinGate is the best option for you because they support over 50 Altcoins with a 1% processing fee. CoinGate went live in 2015 and they currently serve over 4,500 business clients and 80,000 registered users. They provide integration with WooCommerce, Magento, PrestaShop, WHMCS and many more.
GoCoin is a boutique Bitcoin payment processor, and they are famous for their simple and straightforward API that can be used in any website. They offer payouts in USD and charge a flat 1% fee on all transactions. GoCoin offers lots of plugins for almost all online shopping platforms including WooCommerce, Shopify, Magento, and PrestaShop.
Recently GoCoin completed 5 million transactions of 15000+ merchants.
If you are just starting your business and you’re wondering how to accept Bitcoin when the business enterprise does not have any bank account.
Then don’t worry GoUrl is the best solution for you.
Because GoURL works with all the major bitcoin wallets and is even compatible with bitcoin debit cards.
Also, GoUrl is an open-source project that means it is totally free to join and you don’t need any ID verifications to sign up.
Another great feature about this platform is that it allows merchants to set up 1-click payments on their sites using Monetiser Online.
Their WordPress plugin is considered as one of the top and best bitcoin payment gateway plugins.
The major drawbacks are they don’t offer direct bank transfers, and their fees structure is high when compared to the other payment gateways. GoURL charges a 1.5% fee on all payments made through a website and 3.5% for using Monetiser Online.
Spectro Coin is a standard Bitcoin payment gateway for merchants based out of Europe.
One nice feature in Spectro Coin is they don’t require verification to set up an account, so merchants can get it up and running quickly and without much hassle.
Also, they focus on ready to use solutions like E-commerce plugins for VirtueMart, Drupal, OpenCart, ZenCart, Magento, Prestashop and many more, a Bitcoin payment processing APIs and other integration tools.
Now they support NEM and Dash along with Bitcoin.
If you’re looking for low fees, crypto payment gateway? then CoinPayment is the best option for you.
CoinPayment is a famous altcoin gateway that accepts over 1,270 altcoins for only 0.50% transactions fee.
It is a Canadian based company offering payment processing services for cryptocurrencies since 2013.
Now they are serving more than the 2,425,000 vendors across 182 different countries.
Also, they have shopping cart plugins for famous E-commerce stores including Shopify, PrestaShop, Drupal Commerce, Woo Commerce, Magento, and Opencart.
Plus, they also provide PoS (point of sale) terminals to accept in-person payments while serving customers at offline stores.
One important feature in CoinPayments is you can add your coin with their coin hosting feature.
Are you running a completely offline business and want to use cryptocurrencies as a payment?
Then CoinBanks is the best option for you.
You are able to use their instant merchant invoice management app that lets you receive payments in bitcoins.
CoinBank is a UK based Bitcoin payment processor, wallet provider, and exchange established in April 2016.
If your business completely relays on PayPal?
And you wanted to accept crypto to your PayPal directly then SpicePay is the best option for you.
SpicePay is a Netherland based company which provides crypto payment processes in Bitcoin, Litecoin, Ethereum, and Bitcoin Cash.
Their unique selling feature enables merchants to withdraw crypto funds in EUR (Euro) or USD (Dollar) via PayPal, SEPA, or Wire transfers.
They charge a flat rate of 1% on all crypto transactions.
Also, they have a Bitcoin wallet service for their customers.
Recently they have shown interest to add more crypto options in the future.
Btcpay is a self-hosted and fully open-source cryptocurrency payment processor. I call this payment processor a decentralized version of BitPay. Because Btcpay and BitPay look the same, one major difference is that Btcpay is fully decentralized. That means Btcpay enables the user to create their own payment gateway using Btcpay server.
BTCpay is for the one who wants to be in control of their own funds and to accept several different cryptocurrencies.
If you’re the one who wants to be on your own, then this payment gateway is best suitable for you.