Borderless payment services are available
When the businesses accept the crypto currency payment gateways as a mode of transactions, it becomes easier for the customers to trade in exchange of goods and services. After all, in the present financial domain, the crypto currencies are immensely popular. The best part about the crypto currency payment services is that it is borderless, without compromising on the security of the transactions taking place. Thanks to the blockchain technology on which the crypto currencies function.The payment gateway automatically converts the currency
As a customer, when you make a purchase using a crypto currency as the mode of payment, the transaction gets delivered via the payment gateway at a fixed exchange rate. Furthermore, the payment also gets converted into the fiat or traditional currency. This definitely helps the merchants to avoid situations where there can be price volatility of the digital currency market.
In fact, there are some crypto currency payment gateways that don�t allow for the automatic conversion of the digital currency into the traditional currency. In such a situation, the merchant has the right to store the digital coins as long as they want inside their choice of crypto currency wallet. The fund stays absolutely safe and secure.
Integration of the crypto currency payment gateways
Crypto currency payment gateways have the advantage of offering lower transaction fees when compared to the conventional credit card payment systems. There are tools used that can be easily customized and also offer native dashboards. This helps in the easy tracking of the payments done. Integration of the crypto currency payment gateways can be done with the following:
There is a plethora of reasons that makes a customer utilize the digital currency payment service. Let us have a look at them:
The popularity of crypto currency as the mode of payment
The crypto currency in the current market can be accepted both online and in person. But the online payment gateways have acquired the popularity and acceptance everywhere in the world because of its convenience. In order to ensure the online transactions, you have to make sure that there is a payment gateway that accepts the crypto currency.
Bitcoin online payments seems to be the most common one that is used by the business ventures. In order to offer the crypto currency payment solutions, the service providers offer website plug-ins using Magento, WordPress, ZenCart, WooCommerce and Saas Platforms. The fee structure is as low as 1%. In fact, there are providers that charge 0% on the first few transactions or up to a certain amount of money.Is it possible to accept the digital currency payments face to face?
You must have noticed that the majority of the crypto currency payments are online. But there are some merchants who don�t hesitate to initiate the payments on a face to face payment platform as well. This is usually done via an EPOS system or an app.
When the crypto currency payment app is at work, there is a unique QR code scanning done at the time of the checkout. This ensures that a secure and safe payment is initiated. BitPay is one such company that provides such crypto currency payment app. In case, you use the Bitcoin, you might be offered a card for the same.
Similar to the crypto currency payment app, the functioning of the EPOS system is also executed. As a user, you will be asked to scan, like a bar code, get the unique QR code that gets generated via your digital currency wallet during the checkout.Benefits of using Bitcoin payment services
Out of all the crypto currencies that are in the operational mode in the current market, Bitcoin is the most popular and widely used one for payment services. What are the benefits of using the Bitcoin payment services? Let us have a look.
The above mentioned are some of the prime reasons that makes the Bitcoin payment gateways so popular, especially among the business ventures and the enterprises. If you run a business, start utilizing the Bitcoin Payment systems today and benefit as well.
There are several payment gateways for the crypto currencies, particularly Bitcoin. Let us now have a look at them.
BitPay is one of the leading and well known Bitcoin payment service providers that started its operation in the early 2011. Thanks to the availability of the BitPay app as it aids in the conversion of the crypto currency into 8 fiat or traditional currencies for the bank deposits in 38 nations of the world. Some of the highlighting features include:
If you are looking for the safest and the easiest way of crypto currency payment gateways for your business enterprise, there is perhaps no better option than CoinBase. You can operate your business from anywhere in the world hassle free and get to enjoy an international customer base. Some of the highlighting aspects are:
Coinify denotes to an excellent alternative payment option that can be used globally. The payment gateway supports 15 blockchain currencies for transaction and conversion at a very low and affordable rate. You can accept Bitcoin, Bitcoin Cash or for that matter any other crypto currencies and get the payout in your national currency.
What are the striking features?
OIt is one of the leading international providers of online crypto currency payment service solutions. The payment gateway is a platform or a forum where the consumers and the vendors get the chance of interacting with each other is a seamless environment. The whole process is powered by the protocols that are supported by Bitcoins and Altcoins.
Some highlighting aspects of GoUrl are as follows:
This is one such crypto currency payment gateway that offers unlimited possibilities to the merchants and customers. The payment platform aids in the selling of codes, software, files, programs, services and others. Moreover, Rocketr also offers with the apt tools that helps you to sell your digital products and services without any hassle. Rocketr has the potential to accept Paypal, Stripe credit cards, Bitcoin cash etc., as the payment modes as well.
The online sales, are no doubt, very risky, because of the fact that you are dealing with someone who is an absolute stranger, and you don�t know anything about him/her. Moreover, the stranger might be located miles away, which makes taking legal action in case of a dispute or a fraud way expensive and something impossible.
Let us get an insight into the highlighting features:
Blockonomics is a Bitcoin payment solution that is decentralized in nature and doesn�t operate under any authority or control. The payment gateway allows you control your own Bitcoin and also improve the crypto currency wallets that you own. The payment gateway supports all forms of HD wallets. The payment gateways helps you to be your very own bank.
The features that are noteworthy include:
This is one crypto currency payment solution platform that allows the business ventures to accept the Bitcoin as well Altcoin payments and receive the payouts in currencies like USD, EUR and BTC. CoinGate can be a solution to varying business needs. Some of them include:
The best part is that CoinGate accepts the payment services in a smart phone.
Some of the highlighting features include:
The XB Terminal allows you to make payments from any smart phone with helps of a mobile Bitcoin wallet via the NFC. You have to keep in mind that you have to make use of only the Android device. While using the offline mobile device payment mode, it is executed via the Bluetooth, which is also for only the Android devices. This payment gateway is considered the best for those merchants who doesn�t have the obligation of a fixed point of sales.
The highlighting features of XB Termina are:
The above mentioned are some of the popular and well known crypto currency payment gateways. If you own an online or an offline business venture, you need to consider the pros and cons of each of each of the payment gateways and then make a decision. When you don�t have the experience in respect to the crypto currency payment solution, you will get an abundance of information on the web and gain knowledge.