To keep pace with the rapidly-evolving cryptocurrency industry, hundreds of cryptocurrency payment gateways have emerged. When it comes to choosing a payment gateway for your business, it's wise to go for a highly secure and beneficial platform.
Check out this list of trending cryptocurrency payment gateways, along with their prime features, to opt for the right one.
1. Coingate
CoinGate is a highly popular cryptocurrency payment gateway that offers a customer-oriented checkout environment for seamless cryptocurrency payment. Besides cryptocurrencies, it allows merchants to accept traditional currency payments like USD, Euros, and so on.
This platform supports more than 70 cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple. CoinGate stores most cryptocurrencies in secure Cold Storage and charges a 1% transaction fee on all transactions.
Merchants can integrate it into their websites through an application programming interface (API) and plugin for selected eCommerce platforms, including WooCommerce and Magento. They can withdraw the fund using Bitcoin or SEPA. It’s also possible to send CoinGate generated invoices via email or link.
2. Coinbase
Coinbase is one of the largest cryptocurrency exchanges that also offers crypto payment gateway services through Coinbase Commerce. This gateway is not only fast, but it also allows merchants to receive payments securely without any middleman.
You can use this platform from more than 100 countries across the world. Depending on the country, its supported payment methods include bank account, deposit, debit card, credit card, PayPal, and 3D Secure Credit Card.
For online shops looking for a reliable solution for crypto payment, this gateway offers integrated services for Shopify, WooCommerce, Magento, and OpenCart. It supports cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dogecoin, USD Coin, and DAI.
You can opt for any of the two Coinbase Commerce plans, and both will charge you a 1% transaction fee.
3. BitPay
BitPay is one of the oldest gateways for crypto payment that helps merchants reach an international audience while protecting them from any fraud. It also offers an open-source eCommerce plugin. The API-based interactive platform is available in more than 40 languages.
Top global businesses, including Amazon, Master Card, Delta, Bol.com, support BitPay. This platform accepts cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, and Binance Coin.
For payout, you may choose from Bitcoin, Bitcoin Cash, USD Coin, Gemini Dollars, Paxos, along with fiat currencies such as USD, EUR, and GBP—plus many more.
This payment gateway supports payouts, retail payments, and billing. For retail payments, BitPay uses a QR code invoicing system. Every transaction on this platform will cost you a 1% charge.
4. AlfaCoins
AlfaCoins aims at making cryptocurrency payments easy and safe for legal business entities. It instantly converts incoming payments, so you get competitive cryptocurrency exchange rates.
You can either pay the 0.99% charge on every completed transaction or let your customer pay. Its auto-withdrawal feature transfers the cryptocurrency to your own wallet without any extra fees.
It supports the major cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Litecoin, Ethereum, Tether ERC-20, and XRP. For withdrawal, it supports fiat currencies like USD and EUR.
You can use AlfaCoins for easy payments and fund transfers in any country except Iran and North Korea. You can integrate it into your site using API, instant payment notification (IPN), payment button, and plugins.
5. GoURL
GoURL is an open-source payment gateway for cryptocurrencies that successfully protects the anonymity of its users. Though it does not support direct bank transfers, it takes only 30 seconds to complete payment.
Even if you don't have a website, you can receive cryptocurrencies using its Monetiser Online service. However, that’ll cost you a 3.5% transaction charge, while for payments through Bitcoin or altcoins on a website, GoURL will charge you a 1.5% fee.
Using its Bitcoin Payments Plugin, you can easily integrate it into WordPress sites. Registering on this platform is available free of cost, and any Speedcoin payment will not incur any fee.
6. Shopify Gateway
When it comes to accepting payments made in cryptocurrencies, Shopify Gateway is a globally trusted platform. Besides having a user-friendly interface, it accepts crypto payments from anywhere in a fully-secured manner.
This platform supports major cryptocurrencies that include Bitcoin, Bitcoin Cash, DAI, Ethereum, Litecoin, and Dogecoin. Moreover, it does not need any PCI compliance and is compatible with computers, tablets, and smartphones.
However, you need to have a Shopify account to access the Shopify gateway. Depending on the payment processor you use, the transaction charge of this platform will differ.
7. NOWPayments
If you’re looking for a gateway that’ll reduce the transaction costs of your business, NOWPayments is your go-to option. Especially if you’re ready for settlement in the same cryptocurrency, it’ll let you do that with one of the lowest charges.
However, settlement in other currencies using NOWPayments will incur additional fees. This platform offers a convenient API and various plugins that you can use to integrate it with top names in the eCommerce industry, including Shopify, Magento, WooCommerce, and OpenCart.
This noncustodial and easy-to-use gateway solution supports over 100 cryptocurrencies and converts cryptocurrencies into fiat currencies. The supported currencies and tokens include Bitcoin, Ethereum, Ripple, Litecoin, Dogecoin, and so on.
8. SpicePay
SpicePay is a cryptocurrency gateway that you can trust for instant and secure crypto payments using Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. It empowers merchants by offering various withdrawal modes like debit cards, bank transfers, SEPA, and PayPal.
The platform also lets you convert the cryptocurrencies to USD, EUR, GBP, or CAD as your choice. The standard flat charge of SpicePay is 1% of the transaction, though new merchants enjoy free transactions for a limited period.
If you want to accept online donations in cryptocurrency, you can utilize its digital tools.
Using its open-source plugins or other solutions like buttons, iFrame, hosted page, and email invoice, you can easily integrate it into the website.
Accept Cryptocurrencies Effortlessly
While using a cryptocurrency payment gateway isn’t an absolute necessity, it does help by providing fast service and complete transparency. Check out the attributes of top cryptocurrency payment gateways to know which one suits you the most.
In case you’re not sure where to spend the cryptocurrencies, you may want to know about some big names that accept cryptocurrency.