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Tag: Cryptocurrency merchant account

How to get the right Cryptocurrency Merchant Account That Fits Your Business Needs?

How to get the right Cryptocurrency Merchant Account That Fits Your Business Needs?

Operating a business successfully in an ultra-competitive market means having the ability to adapt and evolve to fit new trends and meet customer demands.

Shifting consumer preferences and new technology also means business has undergone a massive change in the way products/services are bought and sold. Slowly but gradually the shift from cash-only to plastic money is happening, especially with online businesses on the rise.

Apply for a Instant Approval Cryptocurrency Merchant Account

Another increasing popular trend in terms of payment preferences in recent times is accepting cryptocurrency for products and services. The digital currency may be only be relatively new but has seen massive growth all around the world.

Get the right Cryptocurrency Merchant Account for your business

Are you merchant with an online business wanting to stand out and expand? Opening a Cryptocurrency Merchant Account to accept payments would be extremely beneficial for you, especially if your customer base includes a largely younger audience.

A Point of Sale (POS) system as well as a secure payment gateway is necessary to accept crypto, for stores and online businesses.

Apart from attracting new customers and adapting to new technology, accepting cryptocurrency is also beneficial in providing extra security, decreasing frauds and quick transaction processing.

Aside from merchants, Crypto traders can also take advantage of Crypto Payment Gateway that allows one to buy cryptos using debit or credit cards. Using the payment gateway, accept card payments and issue cryptocurrency to customers or companies.

Although obtaining a cryptocurrency merchant account might seem like a task. One of the reasons being since the value of such digital currency changing withing a short interval at the time of purchase labeling the industry as high risk.

However, there are plenty of High Risk Merchant Account providers making it possible for such merchants to allow accepting digital currencies as payment. A reputable processor will allow you to open a merchant account that will be tailored to suit your business needs at lower rates.

Posted on August 30, 2019November 13, 2019Categories Cryptocurrency Merchant AccountTags crypto merchant account, crypto merchants, cryptocurrency, Cryptocurrency merchant account, cryptocurrency merchants, cryptocurrency payment gatewayLeave a comment on How to get the right Cryptocurrency Merchant Account That Fits Your Business Needs?
5 Popular Cryptocurrency Payment Gateways For Merchant Account & Services

5 Popular Cryptocurrency Payment Gateways For Merchant Account & Services

If you are an owner of online business and still not accepting cryptocurrency payments, then you my friend are really making a big mistake, as your competitors who use cryptocurrency payment are far more ahead of you in this race, but if you wish to catch up with your competitors and beat them then right away you should start accepting the cryptocurrency payment.

But do not hurry in any process before you start accepting Cryptocurrency Payment, stick with us and we will tell you the 5 most Popular Cryptocurrency Payment Gateway for Merchant Account holders.

Apply for a Instant Approval Cryptocurrency Payment Gateway

Here are the 5 Popular Cryptocurrency Payment Gateways for Merchant Account & Services:

  1. BITPAY
    If you are a newbie and don’t understand the technology behind cryptocurrency and other stuff, Bitpay is the ideal platform for you. Bitpay presently, is the largest Cryptocurrency payment processor. It is very easy to set up and use Bitpay Payment Gateway, it is trusted gateway by big merchants like Microsoft, Virgin, Shopify, etc. Through Bitpay you can exchange Cryptocurrency into various currencies like U S Dollar, Pounds, etc, Chinese Yuan, etc. The 2-factor authentication in Bitpay helps the security of the accounts.
  2. CoinGate
    In case you want to accept various cryptocurrency other than Bitcoin, the best suggestion for you Is the CoinGate Payment Gateway. Since its launch in 2015 CoinGate is now serving over 4000 business clients and more than 75,000 registered users. Coingate is costumer oriented gateway and easy to operate for both merchant and customers. With only 1% processing fee CoinGate provides services with Magento, WooCommerce and many more.
  3. GoCoin
    GoCoin operates for Bitcoin and and provides services with comparatively lower fees of just 1% for all transactions. GoCoin pays out in US Dollar and provides integration with OSCommerce, Opencart, and more.
  4. Coinbase Commerce
    The largest Bitcoin exchange in US and payment gateway for merchants is Coinbase Commerce. Coinbase Commerce accepts different cryptocurrencies like Bitcoin, Bitcoin cash, Ethereum Classic and more than 40 countries. Coinbase is considered as one of the largest networks serving 1500+ merchants all over the world.
  5. CoinPayments
    If you wish to have a payment gateway with very low processing fees, then Coinpayments is here for you. This Canada based company is a famous altcoin gateway accepting over 1500 altcoin with as low as 0.50% processing fees. At present Coin payments is integrating with PrestaShop, Drupal Commerce and more.

So now we are all set, with help of any of the above Payment Gateway you can start accepting cryptocurrency right at this moment of time.

Posted on July 26, 2019July 26, 2019Categories Cryptocurrency Merchant AccountTags crypto merchant account, crypto merchants, cryptocurrency, cryptocurrency credit card processing, Cryptocurrency merchant account, cryptocurrency merchants, cryptocurrency payment gatewayLeave a comment on 5 Popular Cryptocurrency Payment Gateways For Merchant Account & Services
Open A Cryptocurrency Merchant Account And Start Accepting Cryptocurrency For Your Business

Open A Cryptocurrency Merchant Account And Start Accepting Cryptocurrency For Your Business

Evolving and keeping up with fast-paced technology is how a business sustains in the market.

Technology innovation has spread to every aspect of doing business, changing the way products and services are bought or sold. One of the massive changes that businesses have witnessed in terms of customer preferences is in way customers choose to pay for products and services.

An increasingly popular trend seen recent times is accepting crypto currency as payment. Though relatively new, the digital currency has seen an exponential growth all round the globe with a high use percentage among the younger demographic.

For those unaware, Crypto currency is a virtual or digital currency that uses encryption technology to secure and verify transactions. It is a part of the blockchain technology.

Should your business add crypto currency as a payment option?

Shift in technology demands a shift in the way of doing business. There are various reasons why merchants should start accepting crypto currency:

  • Decentralized Payment Structure – Cryptos are not regulated by any bank or the government. Funds transferred online directly to the seller with no third party involvement and no hidden charges.
  • Reduce Frauds & Security Risks – A major flaw with accepting credit or debit cards is that they are prone to security risks such as identity theft or stealing of sensitive data. Crypto currency is a part of blockchain technology that provides multiple level encryptions ensuring transactional security and keeps your funds safe.
  • Eliminate Chargeback Risks – There is no turning back on the purchase once the customer pays for the product, completing eliminating the threat of chargebacks. This is a huge benefit to high-risk businesses plagued with chargebacks.
  • With its decentralized payment method, the cost of transactions is lower than credit card processing costs. This is especially beneficial for High Volume and High-Risk merchants.
  • Cryptos are accepted globally as well. The transactions take place faster and you can avoid extra fees required to make an international transaction.
  • A major reason to employ this technology is because it helps your business stand apart in a sea of competitors. Most importantly, it can potentially open the doors for new customers.
  • Customer satisfaction is what any business should aim for and providing an array of payment options is a critical part of your responsibility. By offering crypto currency processing, businesses with their target audience that comprises mainly of young population will benefit the most.

What type of digital currencies is accepted as payments?

Bitcoin is the most popularly used crypto currency for payments.  Ethereum, Litecoin, Dash, and Monero are a few other well-known digital currencies that are accepted as payments among others.

How to Accept Cryptocurrency for my Business?

Want to start accepting crypto currency for your business? Open a Merchant Account!

A Point-of-Sale (POS) system and a secure payment gateway are a necessity that will assist in accepting crypto payments both physically and digitally.

Although obtaining a merchant account provider for crypto processing can be a difficult task. A major reason most banks and credit card processors do not offer merchant account for crypto currency processing is due to price volatility risks. Since crypto currencies need to be processed in real-time because of volatility issues, providers are wary of processing digital currencies. Another reason being, these blockchain-based currencies go unregulated by any financial bodies.

But let’s not lose hope. While traditional banks and other financial institutions shy away from these services, there are plenty of reputable merchant account providers offering crypto currency processing for all kinds of businesses.

Despite the controversies and uncertainties surrounding it, businesses have started embracing cryptocurrency payments. Overstock, Expedia, Subway, PayPal, Shopify, Microsoft, Pizzaforcoins are some of the major companies that accept payment in crypto currency. Following in the footsteps of these giants, numerous small businesses have also opened up to digital currency.

No matter the type or size of your business, every merchant can start accepting crypto currencies with a merchant account. Get together with a merchant account provider specializing in cryptocurrency processing for an enhanced payment system!

Are you a Crypto trader? Check out IBS solutions that offer payment gateway to buy cryptos using a debit or credit card. Now you can accept card payments and issue cryptos to individuals or companies.

Posted on October 8, 2018November 21, 2018Categories Merchant AccountTags Cryptocurrency merchant account, Europe, merchant account, merchant account provider, merchant account provider in UKLeave a comment on Open A Cryptocurrency Merchant Account And Start Accepting Cryptocurrency For Your Business
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