Friday, March 29, 2024
Home > News > Cryptocurrency Market > Top 7 Cryptocurrency Payment Gateway Platforms 2020

Top 7 Cryptocurrency Payment Gateway Platforms 2020

The crypto world moves at a frenetic pace of innovation with emerging new trends, additional new outstanding features, and new releases, while ambitious enterprises are keen to get ahead of the curve with its great potential.

Most of the merchants around the world that are opening up to digital currencies is constantly increasing. The benefits of accepting digital currencies are numerous, and they include fast transactions, increased security, privacy, low transaction fees, and more.

Blockchain-based crypto payment gateway platforms available in the market that utilize cryptocurrencies are becoming increasingly popular and impressed more end-users around the world.

Several reliable cryptocurrency payment gateway platforms enable users to send and receive bitcoins and other altcoins. Here the top 5+ platforms that we think are best for cryptocurrency payment gateway platforms are discussed thoroughly in this article. Before that get some idea about crypto payment gateway & benefits!

An Introduction to Cryptocurrency Payment Gateways

A blockchain-powered crypto payment gateway platform that allows users to send and receive payments in bitcoin and other cryptocurrencies. The aim is to create a crypto payment gateway platform that improves the payment process by avoiding the number of third-parties involved. It is also expected to increase the regular use of cryptocurrencies on a regular basis.

So Why Use a Blockchain-Powered Cryptocurrency Payment Gateway?

By utilizing a Blockchain ecosystem as a groundwork, crypto payments gateway platforms are highly encrypted and so much more secure than traditional online payment gateway platforms. Also, it simplifies worldwide transactions in multiple cryptocurrencies between suppliers, distributors, businesses, and consumers, at a second of the cost.

Smart contracts are used to handle and close payment agreements between transaction parties involved. Once a contract rule has been established, smart contracts will verify the efficiency of payment and accelerate it to the correct counterparty. This allows for an intensity of automation, without the need for human intervention. 

Smart contracts are also made accessible for audit purposes that increase the transparency of the payment process and add a layer of security.

Added high-end security will give merchants peace of mind when changing to a decentralized payment gateway and help them to get decided with the platform much quicker. End-users will feel more convenient and are more likely to use a payment platform when they know that their payments are safe from attacks.

Benefits Of Accepting Cryptocurrency like Bitcoin As a Payment:

  • Your business gets an alternative trustworthy payment method that works 365 days and 24/7.
  • You can receive world-wide payments which you can track in on-time.
  • Your business gets a worldwide customer base
  • Your business gets more profits, minor fees, fewer credit/debit card chargebacks, and cut-down fraud.
  • It gives your business an opportunity to keep some amount of your profits in BTC as an investment option. This could help your business in the long-term.
  • You and your business get the opportunity to ‘Be Your Own Bank (BYOB)’.

 

Top 7  Cryptocurrency Payment Gateway Platforms:

Here is the list of 7+ best cryptocurrency payment gateways to accept Bitcoin and other cryptocurrencies as payment for merchants. These crypto payment platforms accept all major cryptocurrencies.

1) Coinbase Commerce

Coinbase is one of the biggest Bitcoin exchange platforms in the world. But apart from trading and exchange Bitcoin on Coinbase, you can also use it for accepting Bitcoin as a payments for your business. Coinbase has a trader app for business vectors to start obtaining Bitcoin where you can accept payments in Bitcoin and easily convert it into fiat to save yourself from price volatility.

It is estimated as best and famous for the bitcoin market because it accepts and offers us a payment gateway for 32 countries. It is totally more secured compared to other platforms.

Insights of this Platform

  • No transaction fees for accepting crypto coins.
  • Send & receive the crypto coin in a fast manner without delay
  • It is integrated with WooCommerce, Shopify, Magento, and OpenCart, just have to add a shopping cart plug-in.
  • For website owners, add a payment button to your website.
  • Email invoice to request payments.
  • It is integrated with advanced API.
  • A two-factor authentication system allows full security.

 

2) BitPay

BitPay is the best Bitcoin payment processor based out of the United States since the early days of Bitcoin in 2011.

With the BitPay app, you can accept Bitcoin as payment for more than 50+ integrations with popular e-commerce & retail platforms and point-of-sale systems as well as convert it into 8 worldwide fiat-currencies for bank deposits in 40 different countries. Bitpay also offers Bitcoin Debit Cards for easy crypto to fiat transactions. It’s all features that are highly secured and advanced that you can use it for making your payment by cryptocurrency.

Insights of this Platform

  • It has open-source plugins suitable for eCommerce & retail platforms.
  • All payment transactions can be done in cryptocurrency like Bitcoin.
  • It allows Bitcoin donations.
  • POS mechanism allows bitcoin to be changed into 8 fiat currencies.
  • Universally accepted and allows bank deposits in 38 countries.
  • Multilingual and supports more than 40 languages globally.
  • API platform offers a simple interactive interface.
  • A two-factor authentication system allows full security.
  • Multi-user facility.
  • There are options for transaction speed according to your requirements.
  • Suitable with all bitcoin cash wallets.
  • Transaction notification through email and mobile text messages.

 

3) CoinGate

CoinGate allows your business to accept Bitcoin/altcoin payments and receive payouts in fiat or digital currencies

It provides numerous solutions for various types of business requirements like plugins for E-commerce, APIs, and point of sale app with payment click buttons for various platforms such as web, Android, and iOS. It also supports altcoin payments with ShapeShift integration.

The key fact about this is that its values updated after 60 seconds. It support and process Bitcoin and more than 40+ digital currencies. It is more advanced than any other crypto payment gateway because in which, you can easily transfer money back in Euro and Dollar.

Insights of this Platform

  • POS applications for different platforms like web browsers, Android, and iOS.
  • It comes with plugins for eCommerce platforms.
  • Shapeshift integration that supports numerous altcoins.
  • Real-time integration with e-commerce
  • Multi-user facility

 

4) CoinPayments

CoinPayments has been around 2013 and is the most trustworthy cryptocurrency payment gateways out there. With Coinpayments, you can accept more than 1480+ cryptocurrencies including Bitcoin and many others.

CoinPayment offer many pre-made shopping cart plugins that you can use for your merchant store or you can code it yourself as well. CoinPayments offer multi-cryptocurrency wallet which protect you can store your accepted crypto currencies in a secure wallet.

Insights of this Platform

  • It allows merchants to accept over 1200+ coins for 0.5% fee.
  • It offers plugins and tools for all the familared web carts
  • Unique $tag (pay by name) to receive payments from all coins.
  • It Supports GAP600 quick confirmations to make Bitcoin payments faster.
  • Airdrops of new coins and tokens.
  • Auto coin conversion and Multi coin wallets.

 

5) SpectroCoin

SpectroCoin is also one of the best Bitcoin payment gateway for merchants based out of Europe countires. They have a trustworthy customer base and offer a variety of options for businesses.

They aim to create alternative payment options for customers and businesses around the world with their ready-made solutions like e-commerce plugins, Bitcoin payment processing APIs, and other payment integration tools.

Insights of this Platform

  • Supports more than 30+ crypto currencies around the world
  • It allows high deposit and withdrawal limits based on need.
  • 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.

 

6) GoUrl.io

GoUrl is an open-source project that offers unique Bitcoin payment solutions for its worldwide users. It is based out of the Commonwealth of Dominica and provides ready-made plugins for E-commerce and APIs along with free customer support for GoUrl payment integrations.

Insights of this Platform

  • No Valid ID or bank account verification is needed.
  • The wallet is 100% free without charges.
  • GoUrl Monetiser which allows you to sell music, videos, URLs, images, and texts online for crypto coins like bitcoins, ethereum, etc
  • Optimize your bitcoin box through JSON or JQuery.
  • Earn by selling your products or make bitcoins through downloads.
  • Allows third-party e-commerce plugins like WooCommerce etc.
  • Earn via site registration.
  • Earn via participation in affiliate & other programs.

 

7) CoinsBank

CoinsBank is blockchain powered payment gateway. It can be instantly integrated with your debit card with just the click of your finger. The mobile app is available for all Android and iOS phones.

Insights of this Platform

  • Fast deposit and withdrawal methods.
  • A two-factor authentication system to secure your wallet.
  • Easy exchange of funds in current market rates.
  • It supports all major fiat currencies like USD, EUR, GBP, Russian Ruble.
  • A 24/7 free transfer of currencies to friends and families.
  • A 24-hour customer support system.
  • A worldwide exchange trade platform for customers at minimum risks and maximum profits.

 

Some other cryptocurrency payment gateway platforms are:

  • Blockonomics
  • B2BinPay
  • info
  • TripleA
  • BTCPay Server
  • SpicePay
  • Shopify Gateway
  • ALFAcoins
  • Confirmo
  • NOWPayments

 

Finally, The Insights

Surely, our list of crypto payment gateway platforms is not exhaustive – there are so many more popular platforms that may corner their niches and get surrounded by hype in 2020. Yet, our top 5+ choices are surely worth your specific attention, and it’s up to you to choose which one is the best crypto payment gateway platform.

Ready to create your own crypto payment gateway platform like Coinbase, Bitpay? Whether it is a payment gateway application, cryptocurrency wallet development or any other crypto or blockchain project you have in mind, share your vision with our cryptocurrency development company, and we’ll make it a reality.

About Developcoins

Developcoins is the best cryptocurrency payment gateway development company which having rich experience of cryptocurrency wallet development and we are highly skilled in developing new payment gateway for Bitcoins and other altcoins. Our prime focus is on Integration of bitcoin gateway and another cryptocurrency gateway.

We provide custom-made, multi-currency and secure web and mobile wallet with UI/UX design, for usage on a regular basis. We also provide crypto payment via QR Code, NFC or URL options to your worldwide users. Our pool of development team will assure that you’re hot and cold wallets can be integrated into the payment gateway platforms.

Clone Script of Popular Cryptocurrency Payment Gateway Platforms!

Create Your Own crypto payment gateway platform with ready-to-use Clone Script. We provide complete ready-made solutions with 100% bug-free source!

Source