Many businesses accept crypto payments because they are fast, secure, and borderless. Our crypto payment gateway already had a good number of crypto options to accept payments. However, we have added support for a new cryptocurrency, USDC ERC20, to expand the list.
Here, we’ll understand how you can accept USDC ERC20 payments using CoinRemitter and its benefits.
Accept USDC ERC20 Payments Using Our Gateway
Before we discuss possible ways to accept payments, let’s discuss some mandatory steps to follow:
- Create your account or log in.
- Purchase CoinRemitter’s premium membership.
- Create a USDC ERC20 wallet from the ‘Wallet’ tab.
Possible Ways to Accept USDC ERC20 Payments
1. Free Crypto Payment Plugins
If you have a business website built using WordPress, OpenCart, Magento, PrestaShop, PHP, Laravel, and Node.js, you can install our open-source plugins. They are easy to install, and they come with installation guides.
After you install the plugin successfully on your website, you can connect a USDC ERC20 wallet using its API key and password. To get the API key and password of your CoinRemitter wallet, you can navigate to the ‘Credential’ tab in the wallet settings.
2. User-Friendly Crypto APIs
If your website doesn’t support plugins, you can accept USDC ERC20 payments using the USDC ERC20 API. You can use the following API features for the same:
- Create New Address: Use your USDC ERC20 wallet’s credentials to generate an address. You can share it with your customers or display it on your website’s checkout to request payments.
- Create Invoice: You can create an invoice and get its link in the response. You can redirect the customer to the same URL to request cryptocurrency payments in a professional way.
3. Crypto Payment Widgets
If you want to accept crypto payments without manual coding, then you can use any of the crypto payment widgets. There are four options: Pricing Widget, Presale Widget, Payment Button, and Payment Page. You can analyze your requirement and choose accordingly. You can link your USDC ERC20 wallet from the widget settings to accept payments.
[Note: The Payment Page Widget provides a URL according to page design preferences, while other features provide auto-generated code.]
Advantages of Accepting USDC Payments
Stability
USDC is designed to stay equal to the US Dollar, which means 1 USDC remains nearly equal to 1 USD. There is no volatility risk with this currency, so the value of your funds remains constant even if you don’t exchange them with a fiat currency.
Gas Station
As USDC payments on CoinRemitter are processed on the Ethereum network, you can have access to the exclusive Gas Station. Using this feature, you can deposit the gas balance in advance and pay 33% fewer transaction fees on USDC transactions.
[Note: USDC transaction fees may change in the future.]
Better Trust and Reliability
USDC is one of the most trusted stablecoins. Top companies, exchanges, and financial platforms use this currency. Our platform makes it more reliable with a smoother integration and a secure integration process.
Lower Fees
USDC transaction fees are lower than those for traditional and some other crypto transactions. Also, they are faster, which can be suitable for cross-border transactions. In fact, USDC ERC20 is the stablecoin with the lowest transaction fee on our platform. So, you can save more on each transaction.
Easy Accounting
Since USDC isn’t volatile, business owners can easily maintain stable financial records, track payments, and manage accounting.
Final Thoughts
We think that businesses can have a stable, fast, and cross-border crypto payment solution with USDC ERC20. Apart from that, CoinRemitter’s secure and low-fee cryptocurrency payment gateway makes USDC more suitable for business payments. A new payment option can give businesses more flexibility, so they can easily serve customers who want to pay in USDC ERC20.