Ethereum payment gateway
As per the the data available, more than 5, types of cryptocurrencies are currently being traded in the market with a total market capitalization of more than billion US dollars. The latest market research estimates predict that the worldwide bitcoin payment ecosystem would reach the size of million US dollars by , growing at a double-digit annual rate of Let's take an in-depth look at some of the best cryptocurrency payment gateways available on the market.
We will try to understand how these cryptocurrency payment solutions compete against each other in providing better services. We will also try to identify the qualities that make a crypto payment platform a contender for the position of best crypto payment processor.
Apart from Bitcoin payment processing, some of the major currencies that these crypto payment processors can help merchants accept include Ethereum, Ripple, Litecoin, etc. Coinbase One of the most used crypto payment processors, Coinbase is a popular means of Bitcoin business transactions. One can download the Coinbase app meant for merchants and start using it for receiving instant crypto payments.
The fast crypto-to-fiat payment conversion by Coinbase makes it one of those payment gateways that provide high security against price volatility. Coinbase has high compatibility with almost all of the popular eCommerce CMS platforms. It is known for its non-custodial, low-fee, easy-to-implement gateway solutions.
Blockonomics Blockonomics is known as one of the most sophisticated cryptocurrency payment processors. It is permissionless and does not need any third-party authentication or extra API integration to support the transactions. The procedure to make payments is highly innovative and secure. To pay with cryptocurrency, the user only needs to scan the QR code provided on the webpage of the merchant or from digital wallets. Blockonomics supports a significantly vast range of other cryptocurrencies owing to its built-in integration with Shapeshift.
Coingate Coingate is another top contender for the position of the best crypto payment gateway of The crypto payment gateway enables merchants to use Bitcoin and altcoins for their business and also to accept payments in traditional currencies such as USD, Euro, etc.
It also provides plugins for eCommerce platforms. The integration with Shapeshift allows Coingate merchants to accept cryptocurrencies, besides Bitcoin. Diverse economies like Belgium, Brazil, and Japan are the ones among the top countries that use Coingate the most. Besides being a well-known crypto wallet, Blockchain. These services include exploring Blockchain information, exploring news on its developments, and exploring statistical reports.
The APIs provided by Blockchain. However, one must remember that the integration of Blockchain. Spectrocoin Spectrocoin has managed to climb to the top of the charts for two basic reasons. First, it is a free wallet.
Secondly, and more importantly, it allows instant exchange of funds. A combination of these two aspects makes Spectrocoins become a heavily used gateway in developed economies such as Italy, Australia, France, etc. One can integrate SpectroCoin APIs on their website to make purchases and transactions in Bitcoins and other currencies. Another unique aspect of Spectrocoin is that it offers Bitcoin Debit Card. It's crypto-fiat conversion facilities at the user end also enables it to provide fiat currency payouts to the sellers.
CoinPayments CoinPayments transaction fees start from 0. CoinPayments gateway is compatible with a wide range of cryptocurrencies. The count of cryptocurrencies supported goes over You do not need to trust us or any other party. Customer have to send one transactions to the Ethereum blockchain. ERC20 token payment The ERC20 token payment consists of two steps: Deposit funds to the payment gateway smart contract in the Ethereum blockchain, and Use this deposit to pay for your order Customer have to send two transactions to the Ethereum blockchain: first for deposit and second for the real payment There are no need to refund the deposit to cancel the first step, since it is actually a Token.
Business Version Features This feature is only supported for the Business plan. Upgrade to Business Custom or private network. Support for your own custom or private Ethereum fork or Quorum network.
Caution You need to verify that cryptocurrencies are acceptable as a form of payment in your region before accepting them.
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| Ethereum payment gateway | Start accepting crypto for payment. Check that you have entered the correct API key including the preceding "-". In order to choose the best crypto payment gateway, it is necessary to understand what features ethereum payment gateway should have. Crypto gateway can transfer funds to your account not only in cryptocurrency, some solutions have automatic crypto-to-fiat conversion. If it seems too high compared to the size of your purchase, consider using another payment option. |
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