Seize the advantage of our crypto payment gateway to facilitate secure transactions, expanding your reach, fostering greater transparency, and attracting global clientele. The online marketplace is constantly shifting, and e-commerce stores must evolve alongside it. More than ever before, online business owners are looking to accept cryptocurrencies like Bitcoin, Ethereum, and more to better serve their customers and to draw international visitors to their e-commerce sites. As a business owner who is part of the Binance Pay Merchant Program, you will be able to accept crypto payments for your businesses. Simply set up your Merchant account and you can proceed with the Direct Integration of crypto payments via Binance Pay.
Shopify can also integrate multiple third-party payment gateways, including some of the top cryptocurrency platforms. Understanding the mechanics of our crypto payment gateway is simple. Your customers select their preferred cryptocurrency, complete the transaction, and you receive your chosen currency. To set up a crypto payment gateway, a merchant needs to sign up with a cryptocurrency payment provider, such as Cryptoprocessing by CoinsPaid.
Going with an established system pays off as you won’t have to worry about potential interruptions in services and other issues. Our company runs the oldest poker room in the Russian-speaking space, with very demanding clients, many of whom are high-stakes players. They expect their deposits to be processed within minutes and they don’t want to wait for days for a withdrawal. So for us it’s the speed of Cryptoprocessing.com that is the most important. Our liquidity aggregator has integration with all the leading exchanges and liquidity providers giving you the best exchange rates and minimum slippage on any amounts. Place your product or service description here with all the necessary information for your customers.
Technical support is available 24/7 viamultiple messengers (no ticketingsystem) and every merchant gets anindividual account manager to helpthem with all questions they may have. Shop your favorite merchants online and in-person – around the world. Develop mini programs (JavaScript with REACT) in Binance DevTools and manage or deploy your mini programs in our Mini Program Portal. Mini programs allow you to set up shop directly in the Binance App, allowing you to reach millions of users worldwide and gain exposure to the most passionate crypto community in the world. In recent days, reports said leaked documents revealed that tech giant Microsoft is planning to add a crypto wallet into the next generation of its Xbox. In short, there is nothing that necessitates the use of these service providers.
Integrated KYT solution allows todetect suspicious activities with easeand provide the blockchain analysis,crypto checks of all transactions and monitor the source of funds. Externally audited API processes all transactions to secure from a databreach. In addition, the processor canbe integrated with any 3rd partysolution through Rest API. An effective crypto processor for your business ensuring seamless transactions for your clients and unmatched convenience.
Depending on the industry and jurisdiction of the client, we can offer settling in fiat currencies. The list of currencies may vary, so please contact us to check which are available for you. For the clients to whom we can’t offer settlements in fiat currencies, we can offer settlements in stable coins 24/7 and free of charge. Our Crypto Payment Gateway generates individual addresses for your clients which allows you to identify who sent the funds and how much immediately. Using one wallet in case of an open ledger is a risk, because all transactions are visible to everybody, so anyone could fake being a sender of the funds using the data in the open ledger.
A crypto payment gateway can provide an easy way for a merchant to adopt crypto, without the hassle of having to maintain a crypto wallet and convert digital currencies into fiat money. This makes it much easier for a merchant to offer crypto payment options and encourages the broader adoption of digital currencies. Binance Pay is one such crypto payment gateway that allows businesses to accept payments from customers in crypto. Once you’ve integrated the payment solution, customers can scan a unique QR code to open their wallet on their Binance App and pay you instantly anywhere they are.
Be careful not to fall prey to services that charge exorbitant fees. Look for partners like Cryptoprocessing that are ready to offer flat and easy-to-understand fee mechanics. Integrate CryptAPI payment or wallet APIs into your business for a custom crypto experience for your clients.
A “regular” payment gateway encrypts transaction information and holds funds while a banking institution is contacted to verify that a customer has enough money to buy something. Then the payment gateway releases the funds and facilitates the transaction once confirmation is made. That said, crypto payment gateways also have some disadvantages when compared to the ‘blockchain’ way of handling crypto transactions. With Crypto.com Pay, merchants are not charged any transaction fees for accepting payments. The platform earns from trading, conversions, balance top-ups, and withdrawals.
A simple way to start accepting funds in crypto is to set up a processor that fits your specific needs and use cases in the best way. You don’t have to worry about chargeback fees or fraudulent transactions with cryptocurrency payments because they are not subject to chargebacks. You can also use payment gateways such as Coinbase, which offer to insure their users’ funds.
A much safer and cost-efficient way is to integrate a ready crypto gateway, such as the one by Cryptoprocessing by CoinsPaid. Multi-level wallet system which allows sending funds from hot wallet to external one or cold storage automatically based on set thresholds by merchants. Recurring cryptocurrency deposit method with a client’s single sign-in.
- CoinGate, for example, is only available for merchants within certain US states (Alabama, Arkansas, Arizona, Iowa, Kentucky, Maine, and Mississippi).
- It has pre-made SDK codes for creating checkout and subscription buttons, page redirection, and page banners.
- For the past two years, we have been recognized with 12 accolades as the number one esports iGaming supplier, and in part, this success is thanks to Cryptoprocessing.com by CoinsPaid.
- In fact, the value of cryptocurrencies is determined by supply and demand.
- You may obtain access to such products and services on the Crypto.com App.
We don’t recommend signing up for these services – remember, accepting crypto is about accepting as many types of currency as possible, not limiting yourself to just one. Thanks to blockchain and other technologies, merchants have started accepting debit card, credit card, e-wallet and crypto payments to provide more payment options for their customers. Get access to millions of potential customers worldwide and instantly accept crypto payments when you sign up as a Merchant on Binance Pay.
If you have a small business, there are a number of reliable crypto payment gateway solutions that can help you start accepting cryptocurrency payments in no time. Many major crypto payment gateways support stablecoins, such as USDT, USDC, and BUSD. Cryptoprocessing by CoinsPaid is one of them – and, unlike most other gateways, it allows merchants to automatically convert stablecoins into fiat currency like USD or EUR and withdraw it to a bank account. This is why, at least for the time being, crypto payment gateways are so important.