Build Your Own Crypto Payment Gateway Like BitPay!
Build Your Own Crypto Payment Gateway Like BitPay!
Among all the blockchain and cryptocurrency-related topics, cryptocurrency payment gateway is widely regarded as an interesting one. And you cannot just move to this business concept as it affects surely who deals with crypto for their business or other regular purposes.
If you are running any online and offline business or want to accept cryptocurrency or digital asset as payment for your service or products then you will need to know about crypto payment gateway which makes it possible for your online or offline business to start accepting cryptocurrency like Bitcoin.
Here, I will be going to explain what is a cryptocurrency payment gateway, How it’s working on your platforms and so on…
Cryptocurrency Payment Gateway is an online payment processing technology that helps start-ups and businesses to accept multiple crypto coins, credit cards and electronic checks. In other words, payment gateways are “Man-in-the-middle” which are located between e-commerce platforms and clients.
What is Cryptocurrency Payment Gateway?
Cryptocurrency payment gateways are advanced payment networks that allow easy transfer of Bitcoins or other altcoins and enables business owners and end-users to do transactions in bitcoins and other crypto coins. Payment gateway which accepts Bitcoin as a payment also known as Bitcoin payment gateway. These payment gateways accept different cryptocurrencies which include Ethereum, Altcoins, Litecoin, Ripple, Bitcoin Cash, etc.
It is an eCommerce service that processes online crypto payments online as well as offline businesses. Crypto Payment gateways platforms help to accept various crypto payments by transferring key information from their merchant websites to issuing banks, card associations and online wallet players.
Crypto Payment gateways play a vital role in the digital asset transaction process, which is the realization of value, and hence are seen as an important pillar of e-commerce and other platforms.
- A cryptocurrency payment gateway allows you to make and take crypto or fiat payments quickly and easily.
- Keep your customer’s data (information) and digital assets secure.
- Gain trust of your customers, so they are willing to hand over their cryptos and fiat currency.
Why should the Vendor accept Bitcoins or other Altcoins?
Some of the benefits are listed below why merchants, brokers, dealers, retailers, sellers, traders and wholesalers should start accepting cryptocurrencies like Bitcoin as a payment for their product or services!
- Crypto payment gateway is highly secure and customers have entire control over their regular transactions.
- A new avant-garde payment option for worldwide customers who prefer bitcoins & other altcoins.
- A tactful payment process with the full privacy of your regular transactions.
- All payments are stored securely in the Immutable blockchain ledger.
- No fraud activities and do not share secret information with the sellers and other third parties.
- Compare to other payment modes like credit and debit cards, crypto payment gateway transaction fees are very low.
- No third-party Activities.
- No payment delays compared to current credit cards and it’s secured by an authentic digital signature.
- Cross-border payment in real-time without delay.
BitPay — Accept Cryptocurrency Payments From All Over the World!
BitPay’s explanation is not just a digital wallet. It covers an entire platform for transferring Bitcoin in any other fiat currencies. The company was founded in 2011 in Atlanta, Georgia. At the moment platform has a top position in processing all payments with Bitcoin and client base over 20000 businesses in 164 countries.
The system converts all currencies to Bitcoin or other cryptocurrencies and vice versa so that anyone can pay and receive money around the world. It is a very simple way to avoid working with fiat money in case they don’t want to. undoubtedly, fees are included but their number depends on the chosen plan. Overall there are four tariff plans and their costs vary from 0 to 3000 dollars.
Do you own an online or offline business? Have you started accepting Bitcoins or other cryptocurrencies? or If you are on the lookout for the best payment gateway development and integration services, you have reached the right place. Our crypto payment gateway web development services ensure optimum safety as crypto payment dealings are processed.
