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Best Cryptocurrency Payment Gateway Of 2021.

Cryptocurrency payment gateway have become one of the most significant things for online businesses as a result of the demand for accepting cryptocurrencies as payment.

The rise of cryptocurrencies has altered the way people conduct transactions, whether for goods or services.

What Is A Crypto Payment Processor?

If you are unfamiliar with this terminology, don’t worry, we will go through it, and if you are, you should be aware of how crucial a payment gateway is for any online business nowadays, as cryptocurrencies are getting more common.

A crypto payment gateway enables merchants to accept cryptocurrency as payments. Most payment processors now support the buying and selling of various cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Binance, and others.

Payment processors allow businesses to accept payments and store them in crypto wallets, some payment processors also allow them to convert them to fiat currency.

They allow organizations to automate these payments while also providing a variety of additional tools and reports to make the entire process as straightforward as possible.

Crypto payment gateways ensure that transactions are processed quickly and securely.

Rather than concentrating on the difficulties of beginning to take cryptocurrency payments.

More and more businesses are being motivated by the growing crypto buzz and are trying to include a suitable crypto gateway.

How Cryptocurrency Payment Gateway Can Help & Work?

  • Modern & Efficient Technologies
  • Transparency In Transaction
  • Minimal Transaction Fees
  • Quick and Easy Transactions
  • Integration Of Plugins

Crypto payment processor function similarly to fiat currency payment gateways.

With the exception that payments are collected on crypto wallets. Crypto wallets can have only one or multi-currency option.

Overall, the crypto payment gateway’s function is to handle the essential information from merchants and users who are enabling crypto payments on the platform.

The crypto payment gateway’s operation is detailed below:

  1. When the user presses the Place Order button during the checkout process. The browser or app immediately encrypts the payment information and sends the crypto payment data to the merchant’s web server.
  2. Once the merchant has obtained the user’s crypto payment information, the merchant sends the information to the administrator.
  3. The information is then transferred to the payment processor by the admin or owner of the cryptocurrency payment gateway platform.
  4. The payment processor then receives the request and provides an acknowledgment code.
  5. That acknowledgment code contains all of the necessary transaction status information.
  6. Lastly, the website or app informs the user that the payment has been completed.

Which Payment Gateway Is Perfect In 2021?

When it comes to crypto payment processors, there are currently a plethora of payment gateway providers that provide their services.

With different fee structures, functionalities, and, most importantly, a wide selection of cryptocurrencies that can be accepted with the help of it.

So, let’s see which are the best payment gateway, providers.

Coinremitter

Coinremitter provides global cryptocurrency payment processor/gateway services. To online merchants who want to start accepting crypto coins as payment for their service or products.

And provides a high level of privacy, which many crypto users find appealing. With such a large user base, Coinremitter has the resources to provide better and new services to its users.

With payment gateway service they also give a digital wallet, invoice generating, and coin swapping services.

Most importantly coinremitter have their plugins & APIs that enable connections available on many platforms like WordPress, Laravel, Magneto 2, and more, which makes it easy for any new merchant to integrate payment gateway plugins and to start accepting crypto coins, and store them on a digital wallet.

Key Features

  • No KYC Required
  • All Major Cryptos (BTC, ETH, BNB, Dash, Doge, and more)
  • Transaction Fee 0.23%
  • Invoice Facilities
  • Coin Swap

Shopify Gateway

Shopify is one of the finest cryptocurrency payment channels in the world. In today’s crypto market, we have a high-quality and secure payment gateway.

Shopify has many features, such as APIs that enable connections with Coinbase and other payment gateways, making payment processing as simple and transparent as possible.

The major disadvantage of Shopify is that businesses must first register in order to create an account, and only then can they use the payment gateway.

Transaction costs vary based on the payment processor used by the retailer.

Key Features

  • Quickly & Easily Payment Process
  • No Requirement of PCI compliance
  • Cross Device Compatible

Coinbase

It is one of the largest and most popular cryptocurrency payment gateways in the United States.

Which has all of the latest security mechanisms, functions as both a cryptocurrency exchange and a cryptocurrency payment gateway. Its payment gateway is only available in a few places across the world.

It enables quick currency conversion from crypto to fiat money without the merchant having to request a withdrawal.

Key Features

  • No transaction fees
  • Integrated with API
  • Invoice Facilities

GoURL

GoURL works with all major cryptocurrency wallets. It offers accurate payment breakdowns, which makes order administration a snap.

it’s payment transaction will be completed in 30 seconds.

When compared to other sites, it does not provide direct bank transfers and costs hefty transaction fees. GoURL charges a 1.5 percent fee for all website payments.

Key Features

  • Crypto Wallet
  • Bonus On Registration
  • Affiliate Programs
  • No KYC Needed

Final Remark

The rise in demand for crypto processing indicates that companies want such services due to the numerous advantages of crypto processing over regular banking services.

There are several crypto payment gateways, however, I have highlighted the top ones for 2021.

Simply look through the list and select the best payment gateway for your transactions.

Furthermore, Coinremitter provides it’s consumers with greater service and more features than any other payment gateway provider.

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How Do I Choose a Crypto Payment Gateway?

When Bitcoin first released, cryptocurrencies became a popular subject among everyone. Now the crypto payment gateway has been used by millions of people such as business owners, merchants, banks, etc.

Anything that serves quicker, faster, safer, and productive payments will remain a key priority for all businesses.

This is where the crypto payment gateway provider comes into the picture to offer an error-free solution.

The Best Crypto payment gateway promises security, reliability, speed, and lower transaction costs for businesses.

We’ll talk about what criteria you need to consider while choosing a crypto gateway for your business.

Let’s get started…

What is Cryptocurrency Payment Gateway?

The crypto gateways controlled by a decentralized gateway or an ecosystem of blockchains. It is a dynamic platform where more people are willing to accept digital currencies and process crypto payments.

Customers can make a payment by scanning the QR code or sending the crypto payments straight to the wallet address. However, the blockchain platform records all transactions.

Decentralized cryptocurrency gateways ensure that any transaction is encrypted, and nearly impossible for hackers or online fraudsters to modify a payment method.

For instance, coinremitter is a completely functioning global cryptocurrency payment gateway, which provides quality services to merchants, and small/large enterprise owners.

How Crypto Payment Gateway Works?

A cryptocurrency payment gateway has the primary purpose of providing a faster, secure, and hassle-free connection between vendors and consumers for easy transactions with each other.

crypto gateways work the same as the normal payment gateway, but only the difference is that transactions are done in cryptocurrencies.

With a cryptocurrency payment gateway, a customer will pay via a digital wallet, not with a credit/debit card. There will be cryptocurrencies, not fiat currencies such as USD, AUD, CAD, EURO, DINAR, etc.

When it comes to crypto, you can be sure of a proper response in less time, and also optimize transactions at any point.

Consider the Coinremitter which uses a different technology than standard gateways. It doesn’t HOLD any transaction, the received payments will automatically forward to the vendor’s external wallet addresses within the next 60 minutes.

What You Should Consider While Choosing a Crypto Payment Gateway?

It is essential for every business to first understand their business requirements and what kind of features a payment gateway has available, which not only benefits the business but also makes the business presence different from the market.

Here are some factors that you must take into account:

1. Security:

The first thing you need to look for the security of the gateway, the payment gateway you select should be completely safe for you and your customers.

The transactions should be extremely secure and confidential as the transactions happen wallet to the wallet so there will be no third party who can access your information.

As the coinremitter provides an additional two-factor authentication feature to its users that can double the protection.

2. Transaction Fees:

The second thing you need to make sure that the transaction cost should be minimal.

Do research on your own and compare the cost with different crypto gateways and check which one gives you the value for the money. In addition, there should be no hidden costs.

However, the coinremitter offers low transaction costs, which ultimately helps small business owners to take their business globally.

3. Website Integration:

User-friendliness is the most important part of a payment gateway. Choose a gateway that offers merchant-friendly integration with a documentation guide on their website.

Also, consider which crypto coins and open-source plugins they’re providing.

Check the responsiveness of their technical integration teams, which will help you accelerate the integration and start accepting crypto payments immediately.

4. Customer Support:

It is important to really look at the type of support being provided by a gateway. This is essential to your business as issues could hinder your sales processing capacity.

A satisfactory response to your questions is an integral part of what you should expect from a crypto payment provider.

The gateway should provide you the 24/7 customer support help or an immediate response.

5. Functionalities:

The very important part is to check the features. You need to check out all the necessary features that a crypto payment gateway should have.

You can opt according to what goes best with your business needs.

Some of the features that you might need to focus such as currency swap, digital wallet, multi-currency support, low transaction cost, accept major cryptocurrencies, etc.

Coinremitter comes with all those features that the merchants can’t go wrong with.

In Summary

Using the right payment gateway allows you to accept crypto payments smoothly and without any problems.

You will need to make sure it suits the needs of your company, will allow you to accept payments internationally, and will ideally come at a reasonable price.

We’ve made the work easy for you to what should you consider while choosing a crypto payment gateway.