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