In this digital era, there are lots of ways out there to make payments. However, people will prefer only the advanced payment technology that makes complicated things simple and easy. In that manner, top crypto payment gateways in the market have resolved many issues that we faced during financial transactions.
Virtual currencies ruled the world of payments with their great beneficial factors and many newbies entered into the crypto ecosystem after realizing their true potential. At the initial stage, cryptos are used only for trading and fundraising. But later on, many people started to utilize crypto for payments because many organizations are accepting them as their payment method.
Normally, we would link our bank account to the traditional payment gateway for making payments online. What if the payment gateway is crypto-enabled? It is amazing, right? Cryptocurrency payment gateways offer a secure & convenient way to make payments without the need for a bank or middleman.
In this article, let us discuss what is a crypto payment gateway and the top 10 crypto payment gateways that anyone can use for making payments in 2023.
What is a Crypto Payment Gateway and how do they work?
Crypto payment gateways work the same as traditional payment gateways like skrill, PayPal, Gpay, and much more. To be precise, the crypto payment gateway is a payment network that permits easy and secure transactions of cryptocurrencies. Not only makes easier transactions but also accelerates the speed of crypto transactions. It supports all virtual assets for payments like bitcoin, Ethereum, USDT, Matic, Cardano, Solona, and other cryptos.
Crypto payment gateways allow merchants to accept digital currency payments from their customers quickly and securely. As more businesses begin to accept crypto as payment, we will likely see an immense spike in the use of cryptocurrencies for making payments online. In addition, top crypto payment gateways are integrated with special software tools and it takes the full process of seamless crypto payments.
There won’t be a single chance of transaction failure, which is a consistent problem with traditional payment gateways. It is due to the blockchain being the primary component of the cryptocurrency payment processor. Also, compared to conventional payment processors, the speed of a cryptocurrency payment or transaction will be 10X faster.
As said earlier, there is an increased usage of cryptos in all parts of the world and people from various countries are ready to facilitate crypto payments. So, this insisted many companies accept crypto as their payments. Knowing the need and demand for crypto payment gateways, many emerging startups started to adopt the best cryptocurrency payment gateway development solutions for successfully initiating their crypto payment gateway business and reaping profits.
I hope you have some ideas about crypto payment gateways and their importance in the current digital era. Next, let us see…
List of Top 10 crypto payment gateways in 2023
In general, the finest crypto payment gateways have flexible settlement options and low transaction fees. Also, they are easy to enable in any kind of online store, e-commerce website, and app. As per our research and evaluation, we have collected a set of top crypto payment gateways that are prevailing in the crypto marketplace.
Coin payment is one of the top and best crypto payment gateways in the market. This payment gateway is mostly for merchants and it allows users to pay in a wide range of cryptos. Such as bitcoin, ripple, litecoin, and more. The merchants who are using Coinpayments are charged 0.50% as a transaction fee for commercial purposes. Also, integrating APIs will get charged from the payments.
The merchants who are using CoinPayments need to get their API by registering on the website. Then they need to integrate the API with their website. So it provides a convenient way to accept crypto payments through Bitcoin and other cryptocurrencies. It helps to convert from one currency to another. For example, from Bitcoin to Litecoin or Bitcoin Cash. But it ends with the Coin tax with conversion partner fees.
This payment gateway has its mobile version of the application for both android and IOS. so it helps the users to accept payments easily from anywhere at any time. Also, it helps to convert them automatically into their desired currency by reducing the time and fees for money transfers.
- Allows accepting 100+ cryptocurrencies for 0.5%
- Airdrops of new crypto coins and tokens
- Supports GAP600 to perform instant crypto payments
- Provides plugins for all the popular web carts
- Auto coin conversion
In case you are a startup and willing to develop a crypto payment gateway like CoinPayments with elite features, you can try our best-in-class coinpayments clone script.
Also Read → Launch a Crypto Payment Gateway instantly using CoinPayments clone script
Coingate is a user-friendly mobile application to monitor cryptocurrency payments from their mobile. It is more than a crypto payment processor because it helps users to trade cryptos easily with a single tap. And it supports more than 100+ virtual cryptos like bitcoin, bitcoin cash, dash, ripple, Ethereum, and more for payments. In this payment processor, the transaction of BTC to USD and EUROS will be processed quickly
CoinGate payment gateway provides many solutions for various businesses and merchants. Such as plugins for E-commerce, and payment clicks for different platforms like Android, IOS, and the web. Coingate helps merchants, startups, and others to deal with crypto payments and other transactions. But this crypto payment gateway charges a 1% transaction fee for each payment.
- Shape swift integration that supports various cryptocurrencies
- Plugins for E-commerce platforms
- Multi-user facility
- Real-time integration with e-commerce
- POS applications for multiple platforms like Android, IOS, and windows.
Bitbay was a US-based crypto payment processor and it was officially launched in 2011. Bitpay is also considered one of the best and simple payment gateway processors for cryptos in the market. Bitpay is an effective crypto payment gateway that accepts multiple crypto coins. Also, it helps the users to convert the BTC into USD by allowing immediate withdrawals. It is one of the fast and flexible crypto payment gateways for both mobile and the web.
Bitpay will be widely useful for many businesses like retail shops, E-commerce, small businesses, and restaurants, for billing, and accepting donations from different parties using crypto. This payment gateway runs on a blockchain. So, it does not require any personal details like debit/credit card details for transactions. It features two-factor authentication for a secure transaction. Hence the dealings and transactions are done securely but Bitpay charges 1% of transaction fees, which is a major revenue stream.
- Open-source plugins for e-commerce platforms
- Permits bank deposits across 38 countries
- Supports all major cryptos for payments
- In-built crypto wallet
- Supports more than 40+ languages
- Two-factor authentication for protecting user’s funds.
- Transaction notification through both email and messages
Bitpay is an excellent revenue-making business model. And in recent times, many startups created a crypto payment gateway platform like Bitpay. Also, earned a lucrative amount of money via multiple revenue streams. If you want to become one among them, you can also launch a crypto payment processor similar to Bitpay using our premium Bitpay clone script.
Read → Build a Secure Crypto Payment Gateway using Bitpay Clone Script
Shopify is one of the trusted payment gateways used for the transaction of cryptocurrencies. It is a highly reliable payment gateway that we have in the crypto market today. They have a marvelous customer support team and it is very easy to set up. It allows integration with the coinbase and other payment gateways that make the transaction process easy and transparent.
The users should register in Shopify to start an account and then only they can access the payment gateway. It has a user-friendly interface so that it can grab more customers worldwide. This crypto payment gateway provides a secure transaction. Also, accepts crypto payments from anywhere at any time.
- Low transaction fees
- Fast and hassle-free transfer of payments
- No PCI compliance is required
- You can use the Shopify gateway in tabs, Pc’s, and mobile
GoUrl.io is a great crypto payment gateway in the crypto space. And also an excellent payment option if your business does not have a bank account. GoUrl.io refers to global coin payments. This payment gateway supports all the bitcoin debit cards that are offered by bitpay. It also provides a high level of anonymity which is mostly required by crypto users.
GoUrl.io includes a WordPress plugin and that is the first-class plugin we use today. The payment transactions will be completed within 30 seconds. But they do not support direct bank transfers. Also, their transaction fees are higher compared to other crypto payment gateways.
- A crypto wallet is 100% free
- Earn through site registration
- You can earn through participation in affiliated programs
- No need of linking id or bank account
As we know Coinbase is one of the popular crypto trading platforms for trading cryptocurrencies. This exchange has a vast number of active crypto users. They have all the high-end security systems. So it will be a secure platform for cryptocurrency payments.
Coinbase acts as both a crypto exchange and a crypto payment gateway. Coinbase has a merchant application to accept bitcoin and cryptocurrency payments. So users can convert into traditional fiat currencies within a minute.
- Wallet and private keys management
- Integrated with API.
- Multi-asset support
- Email invoice to request payments
- Instant trading and crypto payments
ALFA COINS is one of the trusted payment processors for cryptocurrency. This payment processor supports popular cryptocurrencies like Ethereum, litecoin, ripple, and more. This crypto payment gateway processor can be mostly used in all countries except Iran and North Korea. The transaction fee is about 0.99%. ALFA coins don’t charge extra fees for installing a cryptocurrency payment processor. Also, the subscription is completely free.
- Supports multiple cryptocurrencies
- Easy payments and transfer of funds
- Earn money through their additional service
- Exchange crypto into USD and EUR seamlessly
Coinsbank is a user-friendly cryptocurrency payment gateway with a great reputation in the crypto industry. It supports major fiat currencies such as USD, EUR, and GBP. This payment gateway will synchronize with the debit/credit cards. so that users can make crypto payments within a minute. It is compatible with both the android and IOS platforms.
- Supports a wide range of cryptocurrencies
- 24/7 customer support
- Quick deposit and withdrawal options
- Two-factor authentication system to secure your wallet
- Easy trade of funds as per the market price
TripleA is an ideal crypto payment gateway that provides a quick setup for users and merchants. Besides, they can use their WooCommerce plugin for WordPress websites. Else, they can utilize their open-source API for custom integration. TripleA also permits fiat currency withdrawals with only a 0.8% transaction fee.
- The fiat transaction fee is only 0.8%
- Easy setup
- Email notification for each transaction
- Woocommerce plugin for custom integration
Spicepay is one of the prominent and well-known crypto payment gateways that allow users to accept and trade cryptos. Also, it helps to store cryptocurrencies securely in the wallet. Like other payment gateways, this platform also enables merchants and users to integrate this crypto payment gateway into the website for payment. So far, there are no fraudulent activities or chargebacks in the spicepay platform.
- Secure and instant crypto payment
- Withdraw funds through wire transfer. Such as PayPal or SEPA.
- Users can save up to 2% on every transaction
These are the best crypto payment gateways that one can use for payments in 2023. Here we just mentioned a few cryptocurrency payment gateways. But there are many crypto payment processors for online payments. We hope this blog will help both users and merchants to choose the best payment gateways for instant cryptocurrency transactions.