DePay: Web3 Payments directly into your wallet Accept any token

All you need is at your fingertips to create and send your customers detailed invoices. Take advantage of faster, worldwide transactions that are not possible with traditional bank payments. Hedge / Investment funds can generate hundreds of millions of dollars in management and performance fees.

Fill out the form to tell us more about your business and one of our payment consultants will be in touch soon. The cost of a crypto transaction is about 1% of the amount. A Non-Fungible Token is a digital asset, including art and digital collectibles, real estate, gaming, and more that lives on the blockchain.

Blockchain Payment Processing

Our smart POS terminal supports crypto, card, and digital payments. Its intuitive system lets you instantly expand your offer with the newest payment trends and process transactions from your store or on the go. Another important aspect is that there is no chargeback concept in crypto world. So, cryptocurrency payments might be an option for industries, where chargeback levels are traditionally high, such as tech support. As crypto is one of the most secure payment mediums, crypto payments suit industries, where confidentiality is a top priority. Examples of businesses include pharmaceutical vendors and VPN providers.

Cryptocurrency payment gateways are not mandatory or necessary to carry out digital currency transactions. However, they remove much of the anxiety, confusion, disinformation, and speculation that can come from a decentralized and unregulated source of value. For these reasons, it’s important to know the advantages and disadvantages of payment gateways so that you can decide how you want to accept digital currency payments. By nature, cryptocurrency is designed to be decentralized and anonymous. The system makes it easy for two parties to make an exchange. However, some merchants might not be comfortable accepting payment in digital currency; they might not understand how any of it works or be skeptical about the system.

Crypto Processing Tailored for All Types of Business Model

Businesses that can accept only crypto payments are few. Most need to accept other, fiat-currency-based forms of payment. These include credit cards, bank payments, as well as mobile and in-app payments. The latter ones mostly involve popular digital wallets such as PayPal, GooglePay, or ApplePay. Under the third-party scenario, you integrate your platform with a cryptocurrency payment gateway through its API. If you choose this option, you delegate all blockchain processing to the third party.

The module for WordPress CMS and WooCommerce is available for free. Cryptocurrency payment gateways are a secure online platform that allows customers to make purchases and businesses to accept payments in cryptocurrency. These gateways allow users to store, transact and trade multiple types of digital currencies such as Bitcoin, Ethereum, Ripple and more. A variety of companies now offer these services, ranging from established institutions like Coinbase to smaller startups such as BitPay. Rather than using traditional banking infrastructure or credit cards, these systems use blockchain technology to conduct financial transactions without the need for third-party authentication. AI-based crypto payments and fraud prevention solutions for businesses.

That is why they are a beneficial low-risk asset, compared to other cryptocurrencies. Also, stablecoin investments generally allow you to earn relatively high annual yield compared to conventional savings accounts. Nowadays, many signs indicate that cryptocurrencies are becoming a common payment medium and investment instrument.

It also provides merchants with tools for business management including payroll processing and sales auditing. The POS offers tracking, reporting, and sales integration with the QuickCard system for payment processing. Most of existing crypto payment gateway solutions are focused solely on cryptocurrency payment support. Plus, many of these solutions are not yet targeted at payment facilitators. PayFacs and their sub-merchants that want to accept crypto, must go through additional background verification procedures. Even if they already submitted all the documents to accept credit card payments.

Cryptocurrency Payment Gateways Guide

Get in touch with our team to know more and find out how your business can benefit from our solutions. Purchasers make crypto payments, and merchants receive payments in this currency. It’s important to note that digital currency payment gateways are not required.

• However, it is not as widely available as the pure crypto payment gateway solution.
• Each block has its own unique id, cryptographic hash, along with the hash of the previous block, which connects the blocks, producing the chain.
• If two parties are part of a secure blockchain and hold a distributed ledger, making a payment is done by adding a new transaction to the chain with the payment details.
• Rather than using traditional banking infrastructure or credit cards, these systems use blockchain technology to conduct financial transactions without the need for third-party authentication.
• How would you describe your business or area of interest.

By displaying the store’s unique QR code, merchants can set up Binance Pay in their physical location for a contactless, secure cryptocurrency payment experience. They can also integrate Binance Pay into their online store for a borderless transaction process, giving consumers more payment options. When a customer selects a good or service from a merchant’s website, app or in-store, they choose to pay with cryptocurrencies through a cryptocurrency payment gateway.

Market-Available Cryptocurrency Payment Gateways ScienceSoft Recommends

Empower your business with the right tools to accept online payments and provide the best customer experience. Easily integrate our payment gateway on your webpage or app with seamless checkout with easy api integration . We offer you Lowest transaction fees 0.23% on withdrawal plus 75% revenue share for referrals. Swap any currency anytime with the easiest function of currency swap and maintain history of swapped coins. Major Cryptocurrencies like Bitcoin, USDT, Litecoin, Bitcoin cash, Ethereum, Ripple, Dash are accepted here.

It also provides customers with a non-custodial NFT-first wallet. The company has developed FlexaCoin, a digital collateral token that enables point-of-sale payments on the Flexa network. Most probably, a crypto payment solution will still cost less than a conventional credit card-based solution.

High-friction user experience

Today, customers using traditional debit and credit cards must sell their cryptocurrency in exchange for fiat and transfer funds to their bank accounts. API-linked crypto payment acceptance solutions for businesses It offers a dashboard to monitor payments in real-time and a WooCommerce plugin. It also offers Eclair, a mobile-based Bitcoin wallet for LN transactions. Using proven crypto and blockchain technology honed over a decade, Ripple’s enterprise-grade solutions are faster, more transparent, and more cost-effective than traditional financial services.

We offer reliable payment gateway to start accepting BTC, LTC, BCH, ETH, USDT, TRX, USDT, XRP, EUR, and other digital assets right away. Our merchants are provided with a full-featured dashboard to manage payments, conversion to fiat, stablecoins, or other digital assets with easy and automated withdrawal options. Our solution is flexible and it could be easily integrated with crypto payment solutions the existing payments flow, thanks to our powerful and easy-to-use API, widgets, or best e-commerce plugins. ScienceSoft is an international IT consulting and software development company headquartered in McKinney, Texas. In our cryptocurrency ecommerce projects, we employ robust quality management and data security management systems supported by ISO 9001 and ISO certificates.

Load with crypto. Spend with dollars. Get rewarded.

Coinbase “issues” USDC, so the cheapest way to convert USDC into fiat is to use this brokerage. Similarly, Binance “issues” BUSD, so their brokerage service offers the cheapest conversion of this currency to fiat. You might go with a classical or white-label omni-channel gateway solution.

ScienceSoft’s Cryptocurrency Ecommerce Services

Provide crypto rewards on debit and credit card purchases leveraging real-time transaction data. Connext is a P2P micro-payment infrastructure based on Ethereum blockchain. Users have to load up their payment channel with the Connext Hub by depositing money onchain. For making payments, users can open a temporary connection to the merchant’s channel, called a thread. Thread payments are offchain and after payment completion, the user or merchant can close the thread to update their channel balance.

Traditional payment rails make it difficult to put cryptocurrency to use

A private key ensures total money control; no one else can withdraw money but the owner. It can be also perceived as a strictly confidential crypto-wallet that does not require the user to provide personal information. Personal information cannot be leaked because the processor does not store/transmit user/device data or private financial information.

You can accept crypto everywhere, our different solutions adapt to your needs. Start accepting over 70 cryptocurrencies with the ability https://xcritical.com/ to convert to fiat. Our payments platform is designed to increase conversion and reduce fraud at every step of the payment flow.

A survey by a leading card network reveals that most of the population will look at embracing at least one new payment method such as cryptocurrency, biometrics, contactless, or QR code in the next one year. A substantial proportion of people plan to use cryptocurrency payments next year while several people claimed to have tried a new payment option they would not have used in normal circumstances. The use of cryptocurrency payments for cross-border payments is also gaining ground, which has the potential to significantly disrupt the international remittances space. Moreover, cryptocurrency payment services have the capability to meet long-term goals such as enhancing the overall efficiency of payment systems and driving financial inclusion. The service provider takes care of the complex backend workflow of crypto payments and offers buyers and sellers a seamless payment service. Before selecting any cryptocurrency payment gateway, merchants should conduct due diligence on how service providers store cryptocurrencies and subsequent fiat payments.