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Cryptocurrency Knowledge

Why it is essential for merchants to accept cryptocurrency in eCommerce store

Every business should know the importance of Cryptocurrency in eCommerce.

So if you are the one who is totally unaware of the effectiveness of cryptocurrencies for your website or you have just started your business and want it to be recognized worldwide.

Then, you just landed on the right spot!

Embracing cryptocurrency in eCommerce as a payment method can enhance your customers’ journey and extend your consumer base by providing more options at the checkout.

Here we are going to give you complete information on how the integration of cryptocurrencies is going to give your business a huge SUCCESS.

Stay tuned with us because we have a lot more to cover.

Quick info about cryptocurrency & crypto coin

Cryptocurrency is a digital payment method for verifying transactions that do not rely on banks.

It is peer-to-peer digital money that can enable anyone to send and receive payments around the globe. Yet it has no physical presence, it’s all online. 

Like any other currencies, cryptocurrencies are also used to purchase goods and services.

However, the difference here is that cryptocurrencies use cryptography to offer encrypted online transactions.

The transactions are registered in a public ledger when your consumers send you cryptocurrency funds. You store your cryptocurrency in a digital wallet.

Cryptocurrencies run utilizing a blockchain called technology. Blockchain is a decentralized technology that manages and records transactions distributed over many computers.

You definitely heard the name “Bitcoin”, well it is a crypto coin. There are so many this type of crypto coins out there. Some of the popular ones are Litecoin, Ethereum, Ripple, Tether USDT, etc.

Now you have got an idea about what is cryptocurrency and how it works.

What are the popular currencies to list on the website?

Cryptocurrencies that came after the launch of Bitcoin called Altcoins (alternatives to Bitcoin).

Let’s get to the details about the popular currencies that most of the people use to sell and buy products.

1. Bitcoin:

One of the most popular and widely used cryptocurrency. 

With Bitcoin, users are able to easily transfer the amount from one digital wallet to another digital wallet.

Many well-known brands currently using Bitcoin that includes Microsoft, AT&T, Boatsters Black, and more.

So you can imagine how popular and useful it is.

2. Ethereum:

Another extremely popular currency after Bitcoin is Ethereum also known as Ether. It’s managed by an open user network, just like Bitcoin.

There is no need for documentation to be processed because the smart contracts of ethereum are faster and simpler.

Hundreds of other users are able to validate transactions. In addition to getting verified, your transactions are also encrypted and stored on a public ledger.

3. Litecoin:

Litecoin is also yet another renowned cryptocurrency. It is faster than bitcoin in terms of process transactions which takes about 2.5 minutes compared to Bitcoin’s 10 minutes.

Moreover, Litecoin’s algorithms are less complex than Bitcoin. Litecoin has easier-to-crack algorithms. This can facilitate the settlement of mining transactions.

4. Ripple XRP:

Ripple uses the currency called XRP.

XRP was developed for users to digitally transfer money and not be exposed to bitcoin’s high transaction costs and conversion times.

Money is transferred to the XRP token to be sent through the Ripple network and then converted back to money when it is withdrawn. 

5. Bitcoin Cash:

The reason to develop Bitcoin Cash was to boost the scalability of Bitcoin. This has prompted Bitcoin Cash to grow in popularity.

Bitcoin Cash has increased each block size from 1 megabyte (MB) to 8 MBs to help boost transaction speed.

Moreover, a list of transactions that need to be checked is defined by each block.

List of Benefits for your business after integrating Cryptocurrency In E-Commerce

Here are the listed advantages of integrating cryptocurrencies as a payment mode on your website.

1. Top-level security:

The reason why people use bitcoin and other cryptocurrencies is its security. 

When making a transaction with cryptocurrency, you can not initiate a reversal when you approve the transaction or send the compensation.

The use of blockchain technology protects the privacy of users and offers protection from account tampering.

2. Reduced Fraud:


Overall, companies that accept Bitcoins are fairly free from fraud. From production through payment, Bitcoin is all-digital, so it is also remarkably linked to cash.

They will need to be more careful and cautious if businesses accept altcoins to turn them into dollars or another fiat currency. 

However, their system is likely to carry minimal fraud risk if they have suppliers to whom they can pay in coins.

3. Lower Fees:

Compared to other digital funding sources, one of the best things about cryptocurrencies is that it has lower overall fees due to no intermediaries such as banks.

But, there can be fees to convert the currency into a fiat currency, and so can a digital wallet that holds your coins.

Although fees are low, many will use a third-party service to create and retain their bitcoin wallets, such as Coinremitter.

4. Fast Transactions:

Cryptocurrencies can process immediately, giving you instant access to funds, unlike the credit card systems that take a couple of days to batch out and process.

The removal of intermediaries implies that, upon your approval, the transaction is completed.

And you will receive the payment instantly.

5. Attract more customers:

It will attract consumers from around the world. There are many who prefer to make purchases through crypto.

So, if you are the one who allows them to make purchases through the crypto then it can DRAW the attention of many consumers.

6. Separate from the competition:

Yes, it will separate your business from the competition, because if your business does something out of the box, then it will have an impact on competition.

How to accept payments through cryptocurrency in eCommerce

Now you might be thinking how do I start accepting?

So, there are generally two methods in which you can start accepting your day to day payments via your preferred cryptocurrencies.

In the first method, it requires your personal wallet. Now, what do I mean by your personal wallet is that you’ll have to set up a virtual wallet.

You can download it to your phone or computer, or you can also get a physical safe on a special hard drive that stores the cryptocurrency on the drive.

It really is the only protected hardware system that allows you to store the private key of a user.

Furthermore, the second method is preferable by many merchants. It will require the use of a third-party payment processor.

You can go with the payment gateway provider “Coinremitter” which will handle all your payment processes.

However, there will be an advantage for you if you use the second method which is that you can instantly convert your cryptocurrency payments into fiat. It will protect you from any price fluctuations.

Why Coinremitter is advisable is that it is currently giving the best to merchants as it’s also called merchant friendly gateway. 

Start accepting your payments in Cryptocurrency with Coinremitter

To begin the process, you need to know a bit about the Coinremitter: crypto payment gateway.

Coinremitter offers the integration facility into the supported plugins like Magento, Laravel, Opencart, WordPress, and more.

Not only that, but it also supports the most popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and more.

You can select the currency according to your desire. Moreover, you can even list more than one cryptocurrency on your eCommerce platform.

Look at some of its best features.

Coinremitter gives 100% when it comes to its functionalities. It offers great advantages and features over the other gateways.

It provides multi-wallet support, digital wallet, no KYC requires, currency swap, and invoice creation.

And the most notable one among the merchants is its lowest transaction fee which is only 0.23%.

Coinremitter is the only one that offers a low transaction fee to its merchants. 

It is very pocket friendly to every trader and small/large organization.

Let’s head straight to the integration process of cryptocurrency in eCommerce that you can complete in a matter of minutes.

  • Initially, you need to build a wallet for whichever cryptocurrency you want. You can set up your wallet on Coinremitter’s website.

    All you need to require is to fill the details like wallet name, password, etc, and you are good to go.
  • Soon after that, set your API key and Password. To get an API key, click on the crypto wallet that you’ve just created.

    The new page will be open and it will take you to the credential tab where you’ll get the API. Read the API Guide here.



  • Finally, install the Coinremitter plugin on your website. Check this integration guide for Coinremitter.

All things considered

As a viable potential option for online payments seems to be a bet that will depend on the development of the current commercial scene.

It is essential for eCommerce traders to be up to date with the latest trends.

In order to change the strategy quickly and achieve a strategic edge over the competition, this is the most important thing.

However, you can set your business presence apart from the competition by accepting cryptocurrency in eCommerce.

Not only does it work as a payment gateway but it will also bring various opportunities and take your business to new heights.

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Cryptocurrency Knowledge

Crypto Payment Gateway Integration For Your Website

Here we have come up with how crypto payment gateway integration is essential for your website these days.

As the world goes digitally day after day, the vast improvement in the shopping experience has been implemented.

It doesn’t matter whether your business is an online store, traveling business, an organization, or any kind of business. 

You must need a crypto payment gateway that is fast, secure, affordable, and offers a seamless checkout experience. Because many people nowadays tend to shop online rather than going to the store. 

This means that every merchant who wants to increase sales and wants their business recognized worldwide should consider crypto payment gateway integration.

Since these payment gateways handle very important transactions on your site, you want to ensure that everything happens seamlessly & perfectly.

In this article, we are going to address the important points related to the crypto gateway that you need to know.

So without any further due, let’s get straight to the quick understanding of the crypto payment gateway and the way it works.

What is a crypto payment gateway?

People have been using cryptocurrencies extensively for many years, and many companies around the world have already adopted crypto payment processing services on their websites.

To simply understand, the payment gateway which accepts cryptocurrency as payment is known as crypto payment gateway. 

One can make a payment through various types of cryptocurrencies like Bitcoin, Litecoin, Ethereum, Ripple, etc.

Using a crypto gateway can eliminate the intermediaries involved in the process, which ultimately fastens the payment process.

The crypto payment gateway’s unique feature is transparency. This gateway makes payments easy, ensures the privacy and security of transactions.

If you frequently make transactions then this is the gateway that allows you to send and receive money instantly across the globe.

Furthermore, as we have already mentioned above that there is no involvement of a third-party. The amount will go straight to your wallet without any chance of being hacked or theft.

Let’s look at some of the questions that need to be addressed prior to the integration of the crypto gateway.

How does the cryptocurrency payment gateway work?

There are mainly two major differences. 

First, a client pays through a digital wallet, not with the credit/debit card. 

Second, the transaction needs to done via cryptocurrency, not with the fiat currencies like USD, AUD, RUPEES, etc.

Let’s understand it step by step.

  1. In the first step, your customer will go to your website and places an order through submit or its equivalent button on the checkout page.
  2. After that, the website or the e-commerce platform takes the customer to a crypto payment gateway where the customer will enter all the relevant information about the coin. (Like wallet address and key)
  3. However, then the customer will have to enter the wallet address and private key in order to send the amount. (The private key is similar to the bank account password.)

    (NOTE: Keep your private key as confidential as you can. If someone steals it, or if you lose it, your amount is at high risk of being stolen. Keep it safe.)
  4. Once the payment has been made and validated, then the transaction will be posted on the (coin’s) blockchain public ledger showing payment from your customers’ public address to your public address.

ISN’T IT SIMPLE?

This whole process is highly secured and payments are made without the need for intermediaries.

Now let’s talk about some of the advantages if you’re integrating the crypto payment gateway to your web.

Know the advantages your business can gain from using the crypto payment gateway

It has been observed that merchants from a variety of industries are turning to accept payments into cryptocurrency to enjoy a number of advantages that are not provided by conventional payment methods.

Here we’ve highlighted some of the most significant benefits that businesses can gain by adding crypto as a payment option. 

1. Unmatched security:

Customers are not required to share any personal data when making cryptocurrency payments. The payments are completely anonymous, so hackers don’t have any identifying data to steal.

In addition, many companies greatly value their privacy, so they use cryptocurrency over other payment options simply because the buyer is not identified by any means.

2. Extremely low fees:

If we talk about the payments through credit/debit cards or banks, then there are tons of fees associated with them. In short, they all charge some type of fees which usually ranges between 3& to 6%.

However, cryptocurrency payment gateways like Coinremitter charges the lowest fee (only 0.23%) compared to other gateways. This can save you a significant amount of money.

3. Take your business globally:

Now even the smallest companies can now internationally sell their products and services or buy their supplies and equipment.

Business owners can avoid the hassles and costs that come with foreign currency transaction fees and exchange rates, with the help of cryptocurrency.

4. Attract consumers across the globe:

There are numerous crypto fans out there who are specifically looking for digital currency-accepting companies.

You can also gain a serious advantage over your competitors that don’t accept crypto by adding this new payment option.

5. No chargebacks:

There is no turning back in the case of cryptocurrencies. Once a transaction has occurred, the funds will go straight from one wallet to another, and the transaction will be recorded and can not be reversed.

Chargebacks are intended to STOP frauds.

Easy payment gateway integration with Coinremitter

If you have made up your mind to integrate a crypto gateway on your website then you must need to know about the Coinremitter.

Coinremitter is a crypto payment gateway in which you can start accepting your payments via cryptocurrencies.

It is a merchant friendly payment gateway with a large user base. Coinremitter has overall processed 6k+ Bitcoin with 2.3M+ total transactions.

Talking about its features, Coinremitter comes with loads of essential features which include a Digital wallet, multi-wallet support, no KYC & ID requirement, currency swap and invoice creation.

The most notable feature, and one of the reasons for many traders to accept Coinremitter, is its lowest transaction fees. 

Coinremitter charges 0.23% transaction fee which is the lowest among other crypto gateways.

The REASON behind its lowest fee is that it is created specifically for traders and small/large businesses to make them grow worldwide.

Moreover, the integration process of Coinremitter will not be a daunting task for you.

Follow our steps to Easy payment gateway integration in just three steps.
  1. It’s all starting with a wallet. As coinremitter provides a digital wallet service, you can start by making a wallet of whichever coin you want to list on your website.

Just fill out the details (wallet name, password, etc.) and you are good to go.

  1. After that, you’ll be required an API key & password in order to start accepting crypto payments on your website.

    To get that, click on the wallet that you have just created, and you’ll be redirected to the credential tab where you’ll get the API.

Consider this API Guide to understand deeply.

  1. Finally, just install the Coinremitter on your website.

    Coinremitter supports a number of popular open-source plugins so you can install it according to your platform.

    Check this guide for the installation process for Coinremitter.

That was all about the Coinremitter payment gateway integration.

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Bitcoin Knowledge Tutorials

How Integrating Bitcoin Gold Payment Gateway Profits Your Online Store

Setting up a Bitcoin Gold payment gateway onto your site can give your customers another opportunity to pay for their goods.

However, it does not only offer a different mode of payment but, it also attracts clients from across the globe.

But how can this happen? (you might have this question in your mind)

Because, before the integration of the Bitcoin Gold payment gateway your customer had no option except to pay with credit/debit and PayPal.

So they tended to return from your website without making any purchase.

BUT, this is not the case with Bitcoin Gold or any other cryptocurrency. You’ll be have every payment option listed on your website. 

What it does is that this can let your customers make a purchase from their preferred payment option. Ultimately, you’ll gain new consumers and it will help in growing your business internationally.

Now, let’s get to know about what is Bitcoin Gold.

Bitcoin Gold

Bitcoin Gold (BTG) is a new form of cryptocurrency that emerged as a result of a hard fork in Bitcoin and strives to be more decentralized than Bitcoin.

It is used as a peer-to-peer currency capable of managing day-to-day transactions and competing with conventional credit card transactions like Visa.

BTG utilizes the same PoW consensus algorithm as BTC, so the only distinction among them is the use of the Equilash hash algorithm rather than SHA 256 to avoid Bitcoin Gold mining unless it is done with ASIC equipment.

Bitcoin Gold can be used just as Bitcoin Cash can be. It is a legal cryptocurrency, which can be used to transfer money or use it for investment purposes to others.

SO, before we move on to the integration part let’s look at some of its advantages. You’ll get to know how it’s beneficial to your business as well as your current & future customers.

Advantages of Bitcoin Gold to merchants

Bitcoin Gold is pretty much like Bitcoin except for a few distinctive characteristics.

These are the leading advantages: Fungibility -1 BTG is at any time equal to 1 BTG. The BTG is similar, replaceable, and interchangeable as a fungible digital currency.

Here, we have listed the advantages of your business as well as for your customers.

Profits your business:
  1. Usually, you can collect payments from BTG a few seconds after your customer sends them. That’s because the conventional payment processors don’t slow down transactions.
  1. Acceptance of Bitcoin Gold offers the company the potential to grow into an emerging client base for the future of payments and tap: people directly looking to invest their Bitcoin Gold.
  1. Since Bitcoin Gold transactions are irreversible, it becomes difficult to recover charges. Instead, consumers may be refunded at their own convenience.
  1. One of the key benefits of using Bitcoin Gold is that it offers security and relative anonymity. No personal details are needed to access the Bitcoin Gold wallet.
Profits your customers:
  1. Bitcoin Gold like Monero utilizes complete anonymity for transactions, protecting senders and receivers’ wallet addresses on the network.
  2. Thanks to its improved design, it allows for quicker transactions. While Bitcoin is thought to generate around 5 transactions per second, it is estimated that Bitcoin Gold is up to 27 TPS.
  1. It’s easier to pay with Bitcoin Gold, although there is no need to carry credit/debit cards. Users only have to enter their name and shopping information and they’re good to go.
  1. Bitcoin Gold is decentralized and there are no intermediaries operating the network, the transaction fee is also quite low.

Begin accepting Bitcoin Gold payments via Coinremitter

Why to delay?

TO stand out from the crowd, you have to take the step NOW!

Coinremitter will help you with that.

BUT first, understand why you should install coinremitter in order to accept BTG payments.

Coinremitter is a Bitcoin Gold payment gateway, also it offers many other currencies to integrate other than bitcoin gold. 

It is a merchant friendly payment gateway that offers tremendous features to its users such as currency swap, invoice creation, multi-currency wallet, No KYC requirement, 24/7 support, and more.

Moreover, it offers the lowest transaction fees (only 0.23%) which makes it very AFFORDABLE to everyone.

So that was all about its features and specifications now let’s head on to the integration process.

  1. First and foremost, you need to build a Bitcoin Gold wallet so you can start accepting your consumers’ BTG payments.


  2. After setting up a wallet, you’ll need to have an API key. You’ll get it by clicking on the BTG wallet. Read Get API key process.
  1. Then, you are good to install Coinremitter on your platform. Moreover, Coinremitter supports the most renowned open-source plugins such as Laravcel, Magento, OpenCat, WordPress, etc.

    Install according to your platform, as every platform has a different integration guide.

To sum up:

As you have seen the advantages for your customer and also for your business. By doing this, you are helping your clients and eventually, it’s going to help your business to grow.

Moreover, you can even list out “Bitcoin Gold Accepted Here” next to your Paypal, debit/credit, and other payment options.

This will draw the attention of your customers.

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Bitcoin Knowledge Tutorials

Setup Bitcoin Cash Payment Gateway On Your Website

Integrating the Bitcoin cash payment gateway lets your customers pay who have been specifically looking to make purchases with cryptocurrency.

Setting up a crypto payment gateway for your customers is the best you can do TODAY!

If you want to stand out from the competition and expand your business to the international level then these subtle improvements on your website can give your business a new shape.

ALL YOU NEED to do give another payment option to your customers. Bet me, this will impact a lot on your business than you think.

As a merchant, your key priority is to be able to accept and process Bitcoin cash payments as easily and seamlessly as possible.

Thus, you can please your customers and accept bitcoin cash payments without any headaches.

Bitcoin cash offers quick and low-cost transactions. As the world digitally changes, electronic currencies like Bitcoin cash are becoming the go-to way of paying online and in retail stores.

Before we set up bitcoin cash payment gateway, let’s understand what is Bitcoin cash and how it’s helpful to your business.

What is Bitcoin cash

Bitcoin cash is a peer-to-peer cryptocurrency and people have been using it for a couple of years in their day-to-day transactions.

Nowadays, it’s not only the world’s first but also stable and most popular cryptocurrency.

Before the Bitcoin cash had a maximum block size of 1 MB, then it later increased to 8 MB, and now the current block size is 32MB. 

This means the increased block-size will allow more transactions to be processed.

With the Bitcoin cash, you can send and receive bitcoin cash payments directly from person to person. Moreover, Bitcoin cash is also used for investment purposes.

Why merchants should start accepting Bitcoin cash payments

There are a number of traders and users who have already set up the Bitcoin cash payment system on their website.

However, there are many organizations that don’t know the benefits of accepting Bitcoin cash payments.

So, let’s get straight to it.

1. Bitcoin cash is irreversible:

Transactions of Bitcoin cash payments are irreversible. What does that mean is that once the funds have been sent to the receiver’s wallet, the refund will not be available unless the receiver agrees.

Unlike the debit/credit cards where the payments can be refunded. However, this isn’t the case with bitcoin cash. Irreversible payments can also prevent fraud and give companies EXTRA protection.

2. Better user experience:

Using Bitcoin cash also offers consumers a better shopping experience since they don’t need to worry about theft of their credit cards.

It is a lot easier to pay online with Bitcoin cash. You don’t have to carry your cards and fill out all the informations. You can pay directly through BTC by entering your name and shopping information.

3. Expand business:

Accepting Bitcoin cash payments can expand your customer base. Moreover, many consumers these days are using BCH to buy products and services. Even, anyone with a smartphone can use BCH.

Coinremitter helps merchants by allowing them to integrate the BCH payment gateway on their website. So the customers from all over the world can make purchases.

4. Faster transactions:

After your client sends them you can receive BCH payments in a few seconds. This is because the traditional payment processors don’t slow down transactions.

However, payments don’t go through banks, there’s no delay or failed transactions. BCH is paid straight from the digital wallet of the customer with the transaction completed in a few seconds.

Accept Bitcoin cash payments through Coinremitter

To accept bitcoin cash payments on your website, you need to have a Bitcoin cash payment gateway installed.

Coinremitter: the bitcoin cash payment gateway helps merchants to accept BTC and any other cryptocurrency payments quickly & smoothly without any hurdles.

This merchant friendly gateway offers such quality features like multi-currency wallet, create an invoice, current swap, and more. 

However, coinremitter is known for its low transaction fees which is just 0.23% (lowest in the market)

With such features, it’s become popular among merchants from the past couple of years.

If talk about its integration process then it can be done in only 3 STEPS.

  1. Merchants should have a Bitcoin cash wallet. In order to set the Bitcoin cash option on the checkout page. The process of setting up a bitcoin cash can be done ion a matter of minutes.
  1. In the next step, you’ll require an API key and password which you can access by clicking on the Bitcoin cash wallet. You can read the API process here.
  2. That’s all, you’ve come to an end. Now you just need to install Coinremitter on your website. Install according to your platform and you are good to go.

Last words:

That was all about bitcoin cash. Integrating bitcoin cash can set your business presence apart from the competition.

SO, integrating BTC gateway is the wise decision you can take at the moment to extend your business and attract international clients.

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Cryptocurrency Knowledge Tutorials

Integrate Dash Payment Gateway With Coinremitter

Have you ever thought about integrating the Dash payment gateway on your website and how your business is going to stand in upcoming times?

The “Dash Coin” becomes one of the world’s biggest cryptocurrency around the globe for the last few years.

Why does the Dash become much popular? The reason is that it offers a higher transaction speed and better privacy than Bitcoin due to its Masternodes feature.

Integrating the Dash payment gateway will give your consumers what they’ve been looking for and couldn’t get on your website.

So, if you give an option to make payments through Dash then the chances are that your business will attract customers from across the globe. Which eventually helps in growing your business globally.

SO, let’s first get to know what the dash is.

A quick idea about Dashcoin

Dash is a cryptocurrency similar to Bitcoin, which is a digital currency used for sending or receiving payments.

It developed on top of the blockchain technology that Bitcoin uses, but it has undergone some substantial changes.

However, Dash has many features that give it an edge over other cryptocurrencies such as Bitcoin and Litecoin.

Dash can be used to make transactions more privately and speedily way due to its three features: Masternodes, PrivateSend, and InstantSend.

Dash uses these Masternodes as a supplementary layer for its network. Reducing the need for trusted third parties to approve transactions that could potentially threaten the anonymity of any payments.

NOW, you’ve probably got what is the Dashcoin, which brings us to the next point which about its advantages for online businesses.

How accepting dash payments benefits your business

Dash is a quick and inexpensive way to accept your payments, whether it is an online store or any other business.

It offers significant advantages, in terms of transaction times, fees as well as security over credit cards, and other similar services.

Here are the benefits of Dash that both merchants and their consumers can get.

1. Lightning-fast transactions:

When it comes to transaction speed, Dash is much more obvious because it has a service called “instantsend”. This ensures that Dash is transferred from one wallet to another within 1 to 3 seconds.

Whereas, bitcoin takes an hour to complete. 

Moreover, in the case of unofficial wallets, the transaction speed is always the same.

2. Top-notch security:

In some cryptocurrencies, the individual can be connected to the transaction they made through an IP address and their wallet details. 

However, this isn’t the case with Dash. It has a feature called “PrivateSend” that allows users to transact entirely anonymously, unlike the pseudonymous Bitcoin.

3. No payments conflicts:

The blockchain system verifies that funds are available prior to the completion of the transaction. This making it almost impossible for consumers to make a payment without enough dash in their account.

Moreover, unlike most of the systems that accept credit cards, there are no holdbacks. When anyone pays with Dash you automatically receive all the funds.

4. Lower Fees:

As every financial transaction, there are fees paid for network support, which also happens with cryptocurrencies.

There are varying transaction fees within each of them, which are typically lower than conventional banking rates, in the case of Dash, they are lower than those of other cryptocurrencies.

Start integrating dash payment gateway your website

In order to integrate the dash payment gateway in your eCommerce store, you need a Dash payment API required.

The API will connect to the checkout system of the company to a payment receiving gateway.

This new payment infrastructures are technologically sophisticated and provide many features such as the ability to allow purchases in your smartphone, as well as access to real-time buying data. 

This can be used to help you plan ahead and make major business decisions.

The success and development of Dash as a mode of payment has made it a wise business decision to add a merchant account.

The process of integrating the dash payment gateway is easy and fast.

Install coinremitter: the dash payment gateway

Coinremitter is merchant friendly dash payment gateway that merchants can easily integrate on their site to offer another payment option to their consumers.

The range of features that Merchants can offer their consumers is secure checkouts, faster transaction experience, no hidden charges, and more.

Apart from that, as coinremitter is made to consider the need of merchants to offers some insane features which set it apart from the rest.

Speaking about features, like multi-wallet support, no KYC requires, currency swap, create an invoice, and most notable is the low transaction fees 0.23%.

The installation of Coinremitter can be done in a matter of minutes. Starting with setting up a DASH wallet.

Afterward, you need an API key in order to accept Dash payments. You can get it by simply clicking on the dash wallet that you have just created.

And in the last, install Coinremitter. As coinremitter supports the majority of open-source platforms so that you won’t encounter any difficulties regarding that.

Install according to your platform.

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Tutorials

How To Accept Litecoin Payments With Coinremitter

YES, your business needs it. Staying up to date in the financial world should be your top priority.

Your business is not the first, there are way many organizations around the world that are already accepting Litecoin payments on their website and covering good SALES.

Litecoin is one of the most popular modes of payment that widely used by every merchant after Bitcoin. 

The time has changed, people have more options when it comes to making a transaction over the internet. Over the last decade, we have radically changed the way we get value over the internet from conventional payments to digital currencies.

Litecoin and the other cryptocurrencies have been extensively used in online stores and eCommerce websites to accept crypto payments from customers.

A quick idea about Litecoin:

Litecoin is a cheaper alternative to bitcoin. It’s a decentralized peer-to-peer digital currency that enables instant and low-cost payments to anyone worldwide.

It is also known as LTC and is the third-largest cryptocurrency evaluated by industry capitalization after Bitcoin and XRP.

It works as the same to its counterparts like transferring currency to one another. The only difference is that litecoin conducts transactions in units of Litecoin, not in USD or any other currency.

The history of the Litecoin’s price has revealed that it has been one of the best performing digital currencies with a steady VALUE since its beginnings.

SO, you can imagine the popularity of Litecoin, which brings us to the next point.

What benefits merchants can get from using the Litecoin payment gateway:

By accepting Litecoin payments on your site, you can serve the needs of your current and future customers. Ultimately, it will differentiate your business presence from your competitors.

Let’s understand that if you integrate the Litecoin payment gateway on your website, then what benefits your business would get.

1. Larger customer base:

If your business accepts Litecoin payments then you can attract a whole lot of consumers that are a tech enthusiast. 

By adding another payment option, your business will give them a secure and faster transaction experience.

No matter how small your business is, you can take your business internationally, regardless of the costly cross-border transaction fees.

With Litecoin, nothing can stop you from going global. As cross-border payments are easier, faster, and cheaper with Litecoin.

2. Faster transactions:

Litecoin processed instant payments, giving you prompt access to funds, unlike credit card systems that take a few days to batch out and process.

For small businesses, getting cash on hand is sometimes difficult. Acceptance of Litecoin payments will put cash within your grasp faster than when accepting payments via cards.

Litecoin has four times the total Bitcoin supply, and each litecoin block can process more transactions leading to faster confirmations.

The average Litecoin transaction takes just 2.5 minutes to complete as compared to Bitcoin, which takes up to 10 minutes.

3. Prevent Frauds:

In Litecoin, people can do transactions regardless of the disclosure of their personal information. This could only be possible if you transact through Litecoin or any other cryptocurrencies. 

There is no chance that anybody would leak the information and hinder the system. 

With Litecoin, that form of value does not have a personal identity attached. It is very much like digital cash.

4. Low Transaction Costs:

Yet another great benefit is the low transaction fees associated with each transaction. 

Though, it depends on how you accept litecoin payments, whether it is direct to your wallet or through a third-party provider such as Coinremitter. 

The fees are significantly lower than the services like Paypal or credit/debit card providers.

An important thing to note is that using Coinremitter: litecoin payment gateway provides 0.23% transaction fees to every merchant, which is the lowest among other gateways.

How to accept Litecoin payments on your website:

To start accepting Litecoin payments on your website, you need to have a Litecoin payment gateway installed on your site.

That means a Litecoin payment API is required. Now, what the API does is that it connects to the checkout system of the company to a payment receiving system.

All you need to do is just an initial set up, and in no time you can be on your way to accepting Litecoin and other cryptocurrency payments.

Integrate Litecoin payment gateway with Coinremitter:

Coinremitter is a merchant friendly crypto payment gateway that offers quality services globally to traders, large/small organizations, and those who love crypto.

It offers the ability to store, send, receive crypto coins online safely in minutes around the world.

Talking about its functionalities which includes a multi-currency wallet, currency swap, create an invoice, No KYC requires, and the most prominent is the low transaction fees 0.23%.

That’s why it becomes the most acquired gateway by merchants.

To integrate Litecoin on your checkout page, you must have to create a Litecoin wallet. It is very easy to set up the Litecoin wallet by just filling the required details.

Soon after that, you’ll need to have an API key and password which you will get by clicking on the Litecoin wallet. 

In the end, you have to install Coinremitter on your website. Coinemitter supports the most popular plugins such as Opencart, Magento, WordPress, and more.

There’s a different integration process for every platform.

To conclude:

So, that was all about Litecoin, how it’s helpful to your business, and how you can integrate into your site to accept litecoin payments.

By doing this, you’re providing much value to your consumers and giving them what they want.

Categories
Bitcoin Cryptocurrency Knowledge Tutorials

How Integrating Bitcoin Payment Gateway Benefits Your Online Store

Now accept bitcoin payments is way much easier & quicker than before.

“Bitcoin”, a very much popular name across the globe, has been providing a highly secure and transparent way of transferring currency for several years.

Every day the value of Bitcoin keeps growing. Nowadays, the pace of growth in cryptocurrencies and the adoption of blockchain technology has sparked a revolution in the financial industry, taking the online payment sector to a new dimension.

Giant corporations are currently INVESTING their capital and resources in Bitcoin. So you can estimate the value of Bitcoin.

It becomes common that many small and large businesses around the world have already begun to accept bitcoin payments. 

Now it is time for you to consider accepting bitcoin payments for your business because you have to keep up with the trend.

This will make your presence as you are at the forefront of technological growth, drawing new clients, and keep your business safe from a number of scams.

We know that being an eCommerce merchant you may have a number of questions running on your mind like how can I start accepting BTC payments, will it benefit my business or not, and more. 

Isn’t that the case?

However, we are going to cover all the necessary points that you need to know about your business. You will get a clear understanding of BTC payments and more at the end of this blog!

Down below is our in-depth guide to implementing this new payment system for your online store.

SO, let’s hop into…

What benefits merchants can get from adding the bitcoin payment gateway

Using BTC payments on your website helps you to process lower fees payments and receive payments instantly.

This currency is also ideal for sites involving foreign payments, as it is much quicker than bank transfers from one country to another.

Here are the key benefits that every merchant could get.

1. BTC will expand your customer base:

Integrating cryptocurrency payments into your online store checkout will set you apart from your competitors as well as help attract new customers to your business.

Adding another payment gateway will allow your customers to make a payment through. Ultimately, the customers who prefer to make transactions via cryptocurrencies are more likely to go with the crypto option.

You will notice a significant improvement in your sales.

2. It will eliminate chargebacks:

Transaction through credit/debit cards is reversible. That means the merchants get all of the cardholder’s sensitive information to drag money from the account.

However, this isn’t the case with Bitcoin. Once the funds have been transferred, the party that sent the payment is unable to retrieve the transferred payment without the merchant’s permission.

Every transaction in bitcoin is guarded by the Bitcoin network. That means merchants are able to accept bitcoin payments without having to worry about the threat, fraud, or charges.

3. Provide you the low transaction fees:

Cryptocurrencies are used more often for regular transactions. Merchants may use this to reduce the costs of collecting transactions for their company.

As you already know that Bitcoin is not government regulated. Transactions occur exclusively between the buyer and the seller, so there are no intermediaries who can hold your funds. 

More significantly is the fees for processing BTC payments are lower than credit cards.

4. Offering the utmost security:

Bitcoin uses blockchain technology it means blockchain holds the data and is linked to each other. If anyone tries to change a portion of the chain, the entire chain will be alerted and alarmed. That is the level of security.

Speaking of security, coinremitter, a bitcoin payment gateway provides its merchants with multi-layer security. 

Therefore, there is no longer a chance of identity fraud or any other security concerns when verifying a transaction.

Criteria to consider when choosing a bitcoin payment processor

So, you have made up your mind accepting bitcoin payments on your store. You can promptly begin accepting cryptocurrencies by implementing a bitcoin payment processor into your existing business platform. 

Consider Coinremitter, it works best with the eCommerce platforms. 

But BEFORE integrating any payment processor onto your store you must have to check out the following criteria.

1. The transaction fees:

First and foremost you have to check for the transaction fees charged by the Bitcoin payment processors that you are considering. 

Bitcoin transaction fees are lower than credit card fees. Coinremitter, however, offers only 0.23% which is the lowest among other gateways.

2. Supported plugins & currencies:

It is advisable to check that the Bitcoin payment processor should support the currencies & plugins that your business requires.

Coinremitter provides all the popular open-source plugins, so you don’t have to look for the other options. Nevertheless, it also offers the most renowned & widely used cryptocurrencies that you can integrate into your store.

3. Features:

You should look for the features of a payment processor that you want to install such as security, digital wallet, multi-currency support, currency swap, etc.

Choose what is best suited to your business requirements. Coinremitter comes with all the features that merchants should need in their business.

4. Customer support:

Last but not least, the payment processors should be available to solve your queries 24/7. This is crucial to your company as issues could hamper your sales processing capability.

Must look at what kind of support is there like is there any live chat support? Or do they offer via mail? Consider those criteria prior to making any decision.

Accept bitcoin payments in just 3 steps

To begin the process,

As we talked above, choose the gateway that suits your business needs according to its features, transaction fees, customer support, etc.

Let’s take an example of Coinremitter for your better understanding.

1. Create your bitcoin wallet:

In order to create your bitcoin wallet, you need to have a coinremitter account. To do that, you can simply create your account by filling your details in the signup form and you’re all set.

After you log in to coinremitter, you’ll have to select a Bitcoin (you can even create other coin wallets too) and then have to fill up the details such as wallet name, password, etc.

Your wallet will be created soon after you fill out the details.

2. Get API key & password:

After successfully creating a wallet, you’ll need to have an API key and password in order to start accepting bitcoin payments on your site.

You’ll get the API key on the wallet page by clicking on the bitcoin wallet. You can consider the API Guide for a better idea.

3. Install a bitcoin payment gateway:

The last you have to do is install the coinremitter on your eCommerce platform.

You can integrate it according to your platform, as coinremitter supports well known open-source plugins, but you can still check before you take a step that your platform must be compatible with coinremitter.

Each platform has a different integration process that you can use to better understand the integration process.

Final words:

So, you’ve got the idea of how HELPFUL it is to integrate a bitcoin payment gateway into an eCommerce store.

A nice piece of advice is that you can indicate to your customers that you accept Bitcoin payments. 

Just put a button “Bitcoin Accepted Here” next to your PayPal, MasterCard, Visa which can get the attention of your customers.

Categories
Knowledge Ripple

Which Banks Use XRP?

This article will address the list of banks that are currently using Ripple XRP Technology.

Considering the recent years, ripple XRP has been able to convince many major financial institutions of the benefits of their payment technologies over conventional bank transfer systems.

Banks follow RippleNet in real-time processing of cross-border payments with end-to-end monitoring and assuredness.

Moreover, the Ripple network provides an Internet protocol, trust ledger, and a native cryptocurrency called XRP, which is distributed as an open-source.

RippleNet, a network in which participants like banks and financial service firms, used a standard interface to streamline transactions, financial contracts, and payments.

The KEY thing which separates Ripple XRP from all the other cryptocurrencies is that it is not just a cryptocurrency but, it is far beyond that.

These are all the popular banks that are implementing xCurrent and other approaches to boost infrastructure for both B2B purchases and their consumers.

However, there are far too many partners of RippleNet which aren’t listed here.

List of Banks Using Ripple’s Technology


1. Standard Chartered Bank – (London, UK)

The Standard Chartered PLC is a global British banking and financial services business headquartered in London, England.

The UK multinational investment bank Standard Chartered, which has made a strategic investment in Ripple. In addition, It is a go-to bank for many regions in Asia, Africa, and the Middle East.

Standard Chartered’s association with Ripple in 2015 when a Proof-of-Concept was released that applied to the protection of invoicing commercial finance.

2. SBI Holdings – (Tokyo, Japan)

Since 2016, SBI securities Inc. has been a longtime partner of Ripple in Japan. SBI has agreements with both Ripple and R3 to streamline instant remittances and cross-border payments.

However, SBI strongly believes in Ripple that led to the founding of SBI Ripple Asia, which aims to increase Ripple’s adoption in Asia.

However, the confirmation and settlement of cross-border transaction payments take almost 3-4 days.

3. American Express – (New York, United States)

The American Express Company provides American multinational financial services.

American Express has operated a successful and celebrated a pilot cross-border program between the USA and UK.

In a matter of seconds, the pilot saw the international transaction done.

4. Royal Bank of Canada – (Toronto, Canada)

The Royal Bank of Canada is a Canadian global financial services corporation. This is Canada’s biggest bank by market capitalization.

This is the largest bank in Canada and operates in over 50 countries. Most specifically, Ripple’s products are one of the first banks to have tested.

In September 2018, a report showed that the bank claims the Ripple and the XRP ledger have reduced banks’ transaction costs by 46 percent.

5. Bank of America – (North Carolina, United States)

The Bank of America Merrill Lynch is an American international investment bank now known as BofA Securities.

It has observed the growth of blockchain and published a Ripple-related proof-of-concept focussing on cross-border solutions.

The PoC clearly says that the solutions offered by Ripple could improve payment tracking, data transfer, and security in payment settlement.

6. Banco Santander – (Boadilla del Monte, Spain)

Banco Santander is a Spanish multinational bank. it has been featured extensively in the press for its comprehensive work with the solutions from Ripple.

In 2018, Santander collaborated with Ripple and also introduced a payment app called One Pay FX, which uses xCurrent to enable rapid transactions between business entities.

However, it recently opened a gateway between the United States and Latin America.

7. Cargills Bank – (Colombo, Sri Lanka)

Cargills Bank Limited is a licensed Sri Lankan commercial bank and, it has domestic and offshore operations.

The bank announced in August 2018 that it would d join the RippleNet to boost its transboundary payment services.

Executives at the company have said they believe the solutions from Ripple can make the service more streamlined and effective.

8. Kotak Mahindra Bank – (Mumbai, India)

Kotak Mahindra Bank is the second-largest bank in the country by market capitalization.

It provides banking products and financial services in the fields of personal finance, investment banking, life insurance, and wealth management to corporate and retail clients.

Ripple, which has already set up an office in Mumbai city and, it has collaborated with the country’s multiple financial institutions. 

Kotak will use the xCurrent to monitor immediate remittance transactions in the region. Moreover, the benefits include prompt cross-border payment settlement, end-to-end monitoring, and decreased time and expense.

9. Royal Bank of Scotland – (Edinburgh, UK)

The Royal Bank of Scotland, along with NatWest and Ulster Bank, is one of NatWest group’s retail banking subsidiaries.

Like several others on this list, as part of its GBP $3.5 billion program, it has produced a proof-of-concept utilizing Ripple’s technology to remodel its technical framework.

Many other names of blockchain and crypto are listed in this PoC, showing the excitement for DLTs it has. Furthermore, as part of this project, it’s partnered with RippleLabs.

10. UBS – (Zürich, Switzerland)

UBS Group AG is a Swiss multinational investment banking and financial services firm, founded and headquartered in Switzerland.

Swiss multinational bank UBS is the world’s leading bank among Swiss banks. However, it controls the world’s largest amount of private wealth including nearly half of the world’s billionaires.

In 2016, UBS developed a research laboratory for blockchain technology to improve cybersecurity and the encryption of client activities. In Addition, it works with Ripple’s technology to build cross-border payment solutions, however, it is still looking at other alternatives.

11. National Bank of Abu Dhabi – (Abu Dhabi, UAE)

The Abu Dhabi National, whose name has since switched to First Abu Dhabi Bank, which is the Middle East and North Africa’s largest bank.

Although, this is the first middle eastern bank that utilizes Ripple for cross-border remittances.

The broad international network makes it especially suitable for using Ripple’s cross-border solutions when it comes to its remittances (at $19 billion per annum).

12. Siam Commercial Bank (Bangkok, Thailand)

The Siam Commercial Bank (SCB) is the biggest commercial bank in Thailand that declared its plan to use the Ripple solutions earlier in 2019.

The particular approach the SCB is focused on is the multi-hop function of Ripple, which allows for frictionless payment settlements on behalf of other financial organizations.

Moreover, it revealed the results of a positive cross-border pilot program, having an international transaction outcome of just one minute.

13. National Bank of Kuwait– (Kuwait City, Kuwait)

The National Bank of Kuwait is the largest financial organization, with branches and subsidiaries such as, in China, Geneva, London, Paris, New York, and several others.

Kuwait’s National Bank, one of Kuwait’s most popular banks, joined RippleNet in mid-2018, saying it’s keen to use Ripple’s innovative tools to provide optimum customer service.

A further significant financial organization in the region, the Kuwait Finance House, has also embraced Ripple’s solutions, having introduced a cross-border remittance program that allows users to make such transactions for the Saudi Riyal.

14. Credit Agricole – (Montrouge, France)

Crédit Agricole Group is the largest cooperative financial institution in the world, also called “la Banque verte” because of its historical ties to agriculture.

Many of the institutions that come under it, particularly along the Swiss border, using Ripple’s solutions to pass payable compensation in Swiss Francs to their French bank accounts.

Credit Agricole also announced at the 2019 Paris Blockchain Conference to introduce a cross-border remittance system with Ripple, and the Swiss regional banks have already tested this.

 

15. Axis Bank – (Mumbai, India)

Axis Bank is the third-largest Indian bank in the private sector, offering a variety of financial services.

The bank announced in 2017 that it would join RippleNet, using the technologies to raise foreign payments.

The bank has also launched a retail customer service to receive payments from the RakBank in the UAE. Also, its corporate customers to receive payments from the Singapore Standard Chartered Bank.

Solutions that Ripple XRP is Providing:

RippleNet now primarily offers three types of solutions. Moreover, it is using the xCurrent solution from RippleNet, banks can process cross-border payments for their clients.

Ripple uses a dynamic conversion technique for the currency which allows Ripple to always give the lowest exchange rate.

Ripple currently recognizes a few fiat currencies such as USD, GBP, etc. Resources such as gold, silver, and a range of common cryptocurrencies, for instance, BTC, LTC, the native cryptocurrency XRP, etc.

If you want to make a transaction through Ripple, you can install coinremitter the crypto payment gateway to send, receive store, exchange Ripple, and other cryptocurrencies.

However, the pace of the transaction is very fast, and it could be done within a minute.

Categories
Tutorials

Integrate XRP Payment Gateway With Coinremitter

Bitcoin, Ethereum, and Ripple are the top three by market cap cryptocurrencies. Adding the XRP payment gateway into your site can
set you apart from the competition.

Why not become the first merchant who provides the XRP Payment solutions to its consumers, which will ultimately benefit both the business and the clients.

However, apart from the first two cryptocurrencies, Ripple is a bit more complex and has much more to bring into the cryptocurrency sector.

Ripple provides a more open platform for understanding and making wise investment decisions on this market. 

A Quick Idea About Ripple (XRP)

Ripple is a platform that acts as a cryptocurrency and a digital payment network as well for financial payments.

XRP is Ripple’s name for the cryptocurrency, much of which is owned by the corporation Ripple. Also, it currently OWNS roughly 60 billion XRP and is willing to sell up to one billion every month.

Ripple’s system has the benefit of consuming fewer resources while allowing for immediate verification without any traffic-directing central authority figures.

Ripple is decentralized but quicker than other blockchain networks, and more secure.

Accept XRP Payments For Your Business

Ripple has rapidly gained attention with consumers and investors all over the world. 

It is an ideal way to send blockchain payments worldwide. Customers can have their XRP payments processed securely and cost-effectively by entering its raising, global network.

Accept XRP purchases on your website, you will able to capitalize on existing trends and take potential customers into consideration.

This will allow you to protect your growth by offering a payment service to set you apart from the competition.

You can create your merchant account fast & easy on Coinremitter and then make your Ripple Wallet. After the initial setup, you will be able to start accepting XRP Payments.

The Benefits of Using Ripple Payments

1. Faster, reliable transactions are just the beginning of what Ripple will start delivering to the market.

2. Unlike with other blockchain networks, Ripple does not rely on one central authority to control and protect its transaction ledger. Confirmations are thus easily and securely accepted.

3. Ripple confirms transactions in less than 4 seconds. Moreover, it processes 10,000+ transactions a second, which is a massive advantage over bitcoin.

4. The Ripple payment is built on a purely peer-to-peer system so users can do transact securely with anyone on the network across the world, without any external source or authority requiring approval.

5. Another great advantage is that the coinremitter crypto payment gateway provides the lowest transaction fees just 0.23% when transacting through Ripple or any other coin.

How Coinremitter Helps Merchants to Integrate XRP Payment Gateway

Merchants can use Coinremitter to integrate XRP payment gateway into their website, allowing users to make fast and secure transactions.

With Coinremitter, merchants can offer their customers XRP and other crypto coins as a payment option. Moreover, its features include the lowest transaction fees, no KYC or ID, currency swap, create the invoice, secure checkout, and more.

Consumers can obtain, store, and send a large variety of virtual currencies like XRP and they’ll get a safe, reliable, and scalable wallet solution from a trustworthy, industry-leading provider of crypto-currency payments.

The integration process is pretty easy. Merchants Just need to install a coinremitter plugin into their website and have to create an XRP wallet on the coinremitter.

However, there’s no limitation related to crypto coins as coinremitter offers the most popular coins such as XRP, Bitcoin, Litecoin, and many.

Create an account today to implement a new payment style that helps your current customers, gains you, new customers. However, it ultimately saves your money and gives you a significant advantage.

What’s The Conclusion?

These are the all advantages and integration of Ripple Payments, that you need to take into consideration.

Reap the benefits by implementing a crypto payment gateway to your site, which ultimately sets your presence apart from the others in the market.

Categories
Knowledge

How to Integrate Ethereum Payment Gateway On Your Website?

A step of opting to go with the Ethereum payment gateway to accept your payments via Ethereum will significantly benefit your company and your customers as well.

As cryptocurrencies become increasingly popular, it’s WORTH considering to accept Ethereum and other digital cryptocurrencies as a form of payment.

BUT how exactly does this help your business and why should you consider integrating an ethereum payment gateway into your website?

Ethereum payment gateway

Ethereum is one of the Altcoins with the most popular to the date. Moreover, the use of that currency will grow exponentially with the growth of network technologies.

It is evolving very rapidly, and its price is rising dynamically. Another great thing is that when transacting through Ethereum, the speed is comparatively faster than Bitcoin.

Companies can easily start accepting ethereum payments by just integrating the ethereum payment gateway on their platform.

This model minimizing the intermediaries, lower transaction costs, along with other benefits, enables this method a sustainable business decision.

Why Accept Ethereum & Other Digital Currencies?

There are plenty of reasons to accept the Ethereum payments into your site and let your customers make payments through cryptocurrencies.

Offering the opportunity to accept Ethereum and other cryptocurrencies to your customers is a perfect way to improve your business and maximize your profits.

Providing cryptocurrency payment solutions will be an additional service for your existing customers. It is the perfect opportunity to attract new clients who want to pay through crypto.

Here are some of the reasons to accept Ethereum payment:

1. Zero Barriers:

Cryptocurrencies developed in such a way that anyone from any part of the world can transfer funds to someone else in another part of the world.

By adding a Coinremitter’s crypto payment gateway on your website, you will be able to receive payment from customers across the globe without any government restrictions.

 

2. Low Rates:

Consumers will have to bear very low, manageable transaction costs. Coinremitter the crypto payment gateway offers the lowest transaction fees in the market, which is just 0.23%. So it’s very affordable and convenient for every consumer around the world.

The reason to integrate coinremitter crypto payment gateway is the transaction cost for cryptocurrencies is far lot cheaper than when you make online transactions using debit or credit cards or using any other mode of payment.

 

3. Faster Transactions:

The transactions in cryptocurrency will accept within seconds or minutes of initiating them. This ensures you’ll receive funds directly for a product or service that a customer pays for.

Unlike any other payment method, coinremitter provides a faster, reliable, and smoother experience when it comes to processing a transaction.

Although, ethereum payments are some of the world’s quickest forms of payment.

 

4. Security:

Have you ever heard of any cryptocurrency being hacked? Probably NO.

There is no chance of cryptocurrencies to get hijacked. The blockchain is used to encrypt cryptocurrency transactions, making it nearly impossible for scams.

How To Integrate Ethereum Payment Gateway On Your Platform?

Implementing an Ethereum payment gateway is not a daunting task.

This could be done through a crypto payment gateway, it is the technology that enables businesses to automate Ethereum and other crypto-monetary payments while speeding up the transaction and removing intermediary needs.

The technology makes highly encrypted, safe payments considerably less costly than traditional online gateways.

Moreover, the method comprises using smart contracts that are used to process and validate payments between the transacting parties.

In addition, smart contracts make transactions more open and enhance. The security procedure, making payments less vulnerable to attacks that encourage both businesses and customers.

Accept Ethereum Payments with Coinremitter Plugin

Coinremitter is the cryptocurrency payment gateway that provides quality services like multi-wallet, currency swap, create an invoice. It Accepts Ethereum and other crypto payments securely at a low cost for Merchants and business clients worldwide.

Coinremitter is already in use with more than 25000 merchants. Moreover, Around 5000+ BTC already processed with regular transactions through Coinremitter.

The MAIN advantage of using a coinremitter is that there is neither a KYC requirement nor ID verification.

Simply install the coinremitter plugin into your platform as the coinremitter supports the most strong plugins such as CorePHP, Laravel, WordPress, and more, with free API support.

To start accepting Ethereum payments, you need to create an Ethereum wallet or any other coin wallet that you want as a payment option on your checkout page.

Coinremitter supports all the popular cryptocurrencies including bitcoin, litecoin, dash, ripple, and more.

The Final Words

In short, your decision to integrate the Ethereum payment gateway would help your business expand exponentially.

As a retailer, it is now easy to embrace cryptocurrencies as a means of payment option with the use of coinremitter the crypto payment gateway.

You can easily install it on your website and start accepting cryptocurrencies as a payment method.