Cryptocurrencies are becoming increasingly getting mainstream acceptance as a payment option today. There are now 76 retail and online shopping companies that accept cryptocurrency, more than any other industry.
One of the reasons for this growth is the increasing number of cryptocurrency users. The Street published an article that suggests that there are now 580 million cryptocurrency holders worldwide. This number will continue to grow.
While traditional payment methods like credit cards and bank transfers still dominate, an increasing number of merchants are turning to crypto payment gateways. Among these gateways, Coinremitter has emerged as a popular choice for online merchants.
This blog explores the reasons why Coinremitter is becoming the go-to option for businesses looking to accept crypto payments.
Lowest processing fees:
Every merchant focuses on choosing the platform that provides benefits to it. While the transaction fees vary from currency to currency, it is the processing fee of this crypto payment processor that attracts merchants.
While other crypto payment platforms charge 0.5-3% processing fee, this platform has a processing fee of just 0.23% for all cryptocurrencies. Its Gas Station feature lowers transaction fees on digital currencies Ethereum, BNB, USDT-ERC20, and USDT-TRC20.
Merchants can activate the gas station feature by becoming a premium member. Once they become a member, they have to deposit in their crypto wallet. The gas fees will be automatically taken from this wallet for each transaction. However, merchants need to keep enough gas money in their wallets to avoid higher fees.
No KYC registration:
KYC verification helps keep users safe, but many people don’t like it because they value their privacy. In fact, over 80% of Internet users prefer to stay anonymous. Coinremitter offers a solution with no KYC required, so you can sign up and start accepting crypto payments without needing to go through KYC checks.
Easy integration into the existing payment system:
When it comes to integrating the crypto payment processor into the business, technical expertise is often required. This is specifically challenging for merchants who operate with limited technical resources and expertise. Coinremitter makes this easy.
The payment gateway offers two ways to integrate - crypto payment APIs and open-source plugins. Developers can easily code APIs, as the platform provides complete documentation for cryptocurrencies, making the integration process seamless.
Another way is plugins that merchants can install if their platform is on PrestaShop, WooCommerce, Magento 2, OpenCart, Laravel, PHP, and Node JS.
Multiple cryptocurrencies support:
Coinremitter allows online merchants to accept payments in multiple currencies. This means that online merchants can offer their customers a choice of currencies, which can be helpful for international customers. Coinremitter supports different cryptocurrencies, so online merchants can offer their customers a wide range of options. Multi-currency support can also help online merchants to reduce their foreign exchange costs.
Effective security measures:
This crypto payment processor provides top security with advanced measures. It includes features like 2FA and encryption. Along with that, merchants can control API withdrawals from their wallets if their API key or wallet password is compromised. Coinremitter allows merchants to set daily withdrawal limits. This protects users from excessive withdrawals.
Excellent customer support:
Coinremitter offers excellent customer support. Coinremitter's customer support team is available 24/7 to help online merchants with any questions or problems they may have. Coinremitter's customer support team is knowledgeable and experienced, and they are always happy to help. Coinremitter's customer support team can be contacted by email, phone, or live chat.
Conclusion
Coinremitter has emerged as a leading crypto payment gateway due to its user-friendly interface, low processing fees, and robust security features. By offering all the features and services mentioned, this crypto gateway has become a preferred choice for businesses looking to expand their payment options and tap into the growing cryptocurrency market. As the adoption of cryptocurrencies continues to accelerate, Coinremitter's innovative solutions will position it as a key player in the future.
Disclaimer: We are not financial advisors. The information provided in this post should not be considered as an investment or any financial advice from us. Cryptocurrencies are volatile assets. Therefore, it is the user’s responsibility to conduct thorough research about the crypto market. Users are also responsible for their investment decisions. Consult with your financial advisor before adopting crypto payment options in your business.