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The rise of cryptocurrency is undeniable in today’s market landscape: despite the crypto winter, the number of digital assets owners and users continues to grow steadily.
As Bitcoin remains at the forefront, businesses are looking for innovative ways to seamlessly accept crypto. These crypto payment platforms offer the ideal solutions. Dive into the best crypto payment providers of 2023:
1. CryptoProcessing by Coinspaid
CryptoProcessing by CoinsPaid is the leading crypto payment gateway that allows businesses to accept cryptocurrency payments from their customers in a secure, legal, and cost-efficient way. With over 9 years of experience and 800 merchants, the platform is able to satisfy the needs of any business via multiple payment methods available.
CryptoProcessing.com supports 20 top digital assets, including Bitcoin, Tether, Ethereum, and Litecoin. The platform also offers instant conversion into 40 fiat currencies, allowing businesses not to hold crypto on their books. The funds can then be withdrawn directly to the merchant’s account via bank transfer.
We should also note that CryptoProcessing by CoinsPaid is an Estonian-licensed crypto payment provider, allowing merchants to accept crypto payments legally. The service strictly abides by European AML regulations, facilitating a secure and transparent environment for both merchants and their customers.
Let’s also consider pricing: CryptoProcessing.com doesn’t have any set-up or monthly fees, making the integration 100% free-of-charge for businesses. Merchants are only charged a less than 1% commission for transaction processing. 24/7 technical support and personal manager assistance comes as a standard at CryptoProcessing by CoinsPaid.
2. Coinbase Commerce
When it comes to integrating crypto into business, Coinbase has it down to a science. Their platform not only allows merchants to accept a plethora of cryptocurrencies but also offers the flexibility to convert these assets to cash or stablecoins, thereby broadening their global reach.
Coinbase packs robust business tools that range from custom checkouts to transaction reporting. Additionally, merchants have the freedom to choose between managing their wallets or letting Coinbase oversee them. The platform’s reduced operational costs and expansive retail user base are icing on the cake.
3. Binance Pay
Binance Pay Merchant is a business platform that enables payment transactions between merchants and customers. Merchants who became a part of the Program, are able to accept digital asset payments for their business.
Binance Pay also enables users to shop with over 70 different cryptocurrencies at various supporting stores and businesses, including online travel booking through Travala. Additionally, they can send crypto to friends and family quickly and efficiently, even internationally, all with the convenience of a single tap, to shop together.
The platform currently supports over 70 top cryptocurrencies, including Bitcoin, Tether, and Dogecoin. The service is suitable for businesses with both high-frequency payments that require automation, and low-frequency transactions via invoices.
4. Crypto.com
Crypto.com invites businesses to join an impressive network of over 50 million users. Merchants can effortlessly integrate with major online platforms like Shopify and WooCommerce, enjoying zero transaction or setup fees.
The platform also tempts users with enticing incentives like earning up to 10% back in CRO tokens. From shopping to acquiring NFTs, Crypto.com ensures that crypto transactions are nothing short of seamless.
5. Blockchain.info
Blockchain stands as a beacon in the world of distributed-ledger technology. Their dominance in the market, paired with their vast experience, ensures that they lead the pack in redefining business transactions.
Blockchain promises transformations in settlement speeds, efficiency, and security standards, offering global institutions pioneering solutions akin to their personal wallet services.
6. Spectrocoin
Creating a symbiotic relationship between crypto holders and merchants, SpectroCoin offers an array of services. From an exchange platform to a wallet, they have it all.
Merchants using their debit card services experience swift fiat conversions, ensuring a seamless shopping experience across a staggering 25 million global shops. Whether it’s a plastic USD card or a virtual Euro card, SpectroCoin has got businesses covered.
7. Plisio
Addressing diverse merchant challenges, Plisio emerges as a leader in the realm of crypto payment gateways. Their support extends to over 18 cryptocurrencies, ensuring decentralised payments across renowned blockchains like Ethereum and Binance Smart Chain. Embracing top-tier Web3 security protocols, Plisio guarantees efficient customer-to-merchant payments. The cherry on top is their incredibly competitive 0.5% fee, ensuring businesses get maximum value.
Final Thoughts
As Bitcoin and other cryptocurrencies continue to shape the future of business transactions, these crypto payment gateways are well-poised to guide businesses through this evolution. The right processor can spell the difference between a seamless crypto transaction experience and a cumbersome one.