Top Crypto payment gateways that are metamorphosing crypto transfer!

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With unstoppable growth in the crypto ecosystem, there are now different types of cryptocurrencies in circulation. After being widely accepted cryptocurrencies are reaping the benefits of the latest market trends. This is the reason why a Decentralized payment gateway is the need of the hour that can facilitate efficient crypto transactions.


Discussing a crypto payment gateway and its underpinnings!

Same as traditional online payment gateways, a crypto payment gateway allows merchants to send or receive cryptos from a sender to a receiver. In the recent market conditions, most payment processors are promoting the sale and purchase of popular cryptocurrencies like Bitcoin, Ethereum, Dogecoin, Litecoin, and other types as well. Crypto experts working for Cryptocurrency development in Kolkata say - the payment gateways do ensure secure and quick transactions involving cryptos.


Key benefits of crypto payment gateway –

·   Instant crypto transactions after payment initiation.

·   Most efficient and advanced technology in play.

·   Entire payment process is fully transparent.

·   Tailor-made payment processing as per user needs.

·    Simple in-person transaction with Point-of-Sale terminal.

Decentralized payment gateways work with the same concept followed by the traditional gateways. However, the only difference between the two is that the crypto one uses a digital wallet and the traditional one makes use of a debit or a credit card. Digital wallets used for crypto transfers can be either single or multi-currency types. There is a plus point with crypto transactions i.e., the payments are processed rapidly and necessary information is also delivered to the merchant and users as well.


Most popular crypto payment gateways –

With the rapidly expanding crypto ecosystem, hundreds of transaction exchange pathways or payment gateways have cropped up. However, when it comes to choosing one, wisely go for a highly secure and transparent platform.

·   BitPay:

It is one of the oldest of the batch and is one such payment gateway that is designed to help merchants reach international users and protect them from money laundering frauds as well. BitPay comes integrated with an eCommerce plugin and is an API-based platform accessible in different languages.

·   CoinGate:

It is a user-friendly payment gateway that allows merchants to use it in form of a mobile app and install it on any handheld device to set up and monitor crypto transactions. CoinGate supports more than 30 cryptocurrencies and hosts different payment methods other than facilitating crypto transactions.

·   GoCoin:

It is a Bitcoin payment gateway and is in service since 2013 and is a secure & efficient global payment system. Using GoCoin merchants can are able to accept a variety of cryptocurrencies and the gateway also empowers industries like gaming, travel, service hosting, and several others.

·   SpicePay:

It is a crypto payment gateway with a unique selling feature – enabling merchants to withdraw their crypto via PayPal and even allow using debit cards supporting traditional bank transfers. Money withdrawals through the gateway are dependent on the merchant’s preference and can be made in either USD or EURO.

·   NOWPayments:

It is a payment gateway that supports over 80 cryptocurrencies and also allows the conversion of cryptocurrency into fiat currencies as well. NOWPayment offers a convenient API and different plugins that are supported by global eCommerce platforms.

Closing thoughts – the above-mentioned crypto payment gateways are the best ones in use today. According to the crypto experts of an Exchange development company, cryptocurrency exchange and trading require a robust system, so while you try out a payment gateway check for the ones that suit your requirements because your finance is of utmost importance to you. 

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