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4 Best Crypto Payment Gateways

IT Biz Today Staff
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Cryptocurrencies are revolutionizing the traditional transaction methods and utilizing better assets for modern trading. Did you know that Bitcoin price hit an all-time high of 58,788 USD in May of 2021?

List of 4 Best Crypto Payment Gateways

Despite businesses having to adapt to crypto-friendly transaction methods, the crypto payment gateways need to optimize their services in terms of efficiency and operation. Here are the 4 best crypto payment gateways of today.

1. Hashbon

Hashbon is a Czech Republic-based platform that caters to both business-to-business (B2B) and business-to-consumer (B2C). It offers a multilingual platform with a range of features and APIs that greatly assist new users (individuals and businesses) in utilizing and accessing the payment gateway products.

Hashbon complies with AML and KYC requirements, but did you know that you can scope the entire identification and verification process in less than five minutes? What’s more, you can also become eligible for payment and acceptance of cryptocurrencies in less than five minutes.

Hashbon charges 0% commission no matter the transactions. Further, Hashbon currently provides a transaction platform for 30 cryptocurrencies, including Ehtereum, Litecoin, and Bitcoin. One of the qualitative features of Hashbon is the convenient and quick integration of the currencies.

2. Coinbase

Consider Coinbase as a normal currency exchange and payment gateway. Are you aware that Coinbase provides easy and quick conversion of cryptocurrencies such as Bitcoin into traditional fiat currency? On top of that, it requires no request from the merchant or demand for withdrawal.

For such a transaction and currency conversion, Coinbase charges a 1% merchant’s fee, and that’s only when the first transactions go over $1 million USD. Despite the unavailability of Coinbase payment gateway in several states and countries globally, it is suitable for businesses of nearly all sizes.

3. GoCoin

GoCoin crypto payment gateway enjoys good reviews from developers worldwide. Interestingly, the API of GoCoin is relatively straightforward and non-complex. Besides, with the input of an extensive range of plug-ins, GoCoin is usable on a large number of shopping platforms, as the users suggest.

GoCoin charges 1% flat fees on all sorts of transactions. However, the payouts exist in USD, but it is accessible in almost all the prominent countries around the world.

4. Coinpayments

Coinpayments is a suitable cryptocurrency payment gateway for those who are familiar with Hashbon. It simplifies the complex transaction processes and offers convenient crypto payments infrastructure to the users in real-time.

With as little as 0.5% processing fees, a user can easily set up Coinpayments gateway on nearly all e-commerce plug-ins. Apart from the 12 supported languages, the payment gateway also offers versatile processing and ingenuity in cryptocurrency handling.

Conclusion

Crypto payment gateways are extremely useful for conducting present-day online, international, and even domestic purchases. Although many businesses were prompt to adapt to this vital change, many firms experienced a “left-out” case, while some saw severe downturns due to their inflexibility to change.

However, as cryptocurrencies keep evolving, businesses are compelled to go for efficient and promising payment gateways that can offer them unrestricted and smooth crypto transactions in modern markets.

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