Cryptocurrency transactions are made easy for businesses.
The cryptocurrency market is attracting several investors and organizations to embrace and adopt the new technology. Ever since Elon Musk tweeted that one can buy Tesla with Bitcoins, crypto enthusiasts and entrepreneurs are looking for the best way to use cryptocurrencies for purchase. For that, businesses need a cryptocurrency payment app or a gateway.
A cryptocurrency payment app allows merchants to accept cryptocurrencies to complete transactions. These payment gateways facilitate the immediate transfer of crypto coins into fiat currencies. Keeping all the necessary features in mind, here are the most reliable and popular cryptocurrency payments apps.
Launched in 2014, Coingate is an old crypto payment gateway that became one of the first crypto infrastructure services to work with the Lightning Network to increase transaction volume. It has a user-friendly app layout that allows merchants to set up and monitor payments from their smartphones. This platform supports more than 40 cryptocurrencies like Bitcoin, Dash, Bitcoin Cash, Ripple, Ethereum, etc. Other features that this app boasts are the creation of crypto payment buttons on any website, and a 1% fee on all transactions.
CoinPayments supports several cryptocurrencies like Bitcoin, Ripple, and Litecoin, making it one of the top crypto payment gateway applications for merchants. Users will only be charged a 0.50% transaction fee and it supports airdrop of CPS crypto coin. On some aspects like hosting fees, transaction fees, and rebates on online withdrawal fees, users can avail of a 50% discount. CoinPayments has a mobile application on both Android and IOS, making payments easy and accessible.
Bitpay is a US-based crypto payment gateway that is considered one of the best and simplest in the market. It is an open-source crypto wallet that allows crypto transactions globally with top-notch security. The app supports multiple cryptocurrencies and also enables users to convert their Bitcoins to US dollars for immediate withdrawals. The payment gateway charges 1% transaction fees.
NOWPayments accepts more than 75 cryptocurrencies with an auto coin conversation option. But regardless of that, merchants can choose to accept any cryptocurrency that they want. It provides users with a number of tools like API, invoices, widgets, buttons, and plugins for WooCommerce, ZenCart, PrestaShop, etc.
5. Shopify Gateway
Shopify is one of the world’s most used payment gateways for crypto transactions. It’s a high-quality and secure payment gateway that is user-friendly and accepts cryptocurrency from anywhere at any time. This platform is feature-loaded like APIs that integrate with Coinbase for easy and transparent processing.
GoURL works with all the cryptocurrency wallets and offers a high level of anonymity. It offers clear payment breakdowns for transactions that will be completed within 30 seconds. Compared to other payment gateways, GoURL charges a 1.5% transaction fee, and using the crypto wallet is 100% free of charge.
Coinbase is one of the most popular crypto companies in the world. This US-based crypto payment gateway has features like a high-end security system, crypto exchange, converts crypto to fiat currencies, and charges a 1% transaction fee after giving away the first US$1 million worth of transactions for free.
CoinsBank supports fiat currencies like the USD, GBP, and EUR along with major cryptocurrencies. It has an app that can work on Andriod and IOS and provides 24/7 free transfer of currency to family and friends. The platform offers two-factor authentication security for your wallet.
AlfaCoin supports Bitcoin, Ethereum, Litecoin, Ripple, and other cryptocurrencies and offers payments to be a split between fiat and crypto. The subscription to this platform is completely free and charges 0.99% as transaction fees. What sets this apart is the fact that AlfaCoin allows users to withdraw in US dollars or euros.
SpicePay allows merchants to withdraw their crypto payments via PayPal and debit cards, apart from bank transfers. Users can exchange cryptocurrencies to US dollar and euro and charge a 1% transaction fee. For businesses that use PayPal, this is the ideal crypto payment app.
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