By using cryptocurrency payment gateways, even the smallest of companies may start accepting Bitcoin and other cryptocurrencies as payment. Major retailers including Microsoft, AT&T, Overstock, and Amazon accept bitcoin payments via these processors.
In addition to offering currency translation, various settlement choices, and low transaction fees, the finest crypto payment gateway are also simple to integrate into an existing website or online shop.
Best Cryptocurrency Payment Gateways
Use of the BitHide crypto payment gateway solution and the accompanying Dark Wing technology ensures the complete privacy of all financial dealings. This system has 2 layers of protection for your true IP address.
The first step is to upload the transaction log to the TOR network. Your true IP is concealed while they hop through at least three intermediary addresses. The blockchain infrastructure is incompatible with TOR, which is a major drawback of the system. It pioneered this solution by implementing a second layer of encryption, a virtual private network.
TOR sends financial data to VPN servers. Nodes on the blockchain won’t prohibit your IP address if you conduct an anonymous bitcoin transaction.
Dark Wing changes TOR and VPN IP addresses with each transaction. This prohibits IP-based walleting of your transactions.
Dark Wing combines two encryption. You may have the advantages of TOR and a VPN without their downsides.
Since this is the case, it becomes logically impossible to consolidate many cryptocurrency addresses into a single wallet. In addition, BitHyde offers its own Anonymous Crypto Wallet for Business (https://bithide.io/anonymous-crypto-wallet).
Coinbase Commerce is a merchant service offered by Coinbase that makes bitcoin payment options available to small companies. Since Coinbase is the biggest centralized cryptocurrency exchange market in the United States, it offers a wide variety of cryptocurrencies. This opens the door for local businesses to accept a wider variety of cryptocurrencies as payment. Because of the size of the exchange industry, Coinbase can also provide insurance for merchant money if they want to have their accounts managed by Coinbase.
PayPal’s cryptocurrency wallet lets customers trade and transact with bitcoin. Whether or not a business owner has a cryptocurrency wallet with PayPal, they can still offer bitcoin checkout. PayPal doesn’t charge for crypto or fiat payments. Shops that accept this payment are protected against fraud and theft if customers buy certain items.
In spite of the fact that it is not a cryptocurrency platform, Shopify is often regarded as one by online retailers. Best-in-class omnichannel capabilities are paired with a native website builder and ecommerce automation tools. Shopify supports a wide variety of cryptocurrencies and can connect with a wide variety of payment channels.
For retailers that already have a Shopify merchant account, this is the ideal choice since its commission costs are waived when you sign up for a Shopify Payments plan.
For officially recognized charities, we recommend ALFAcoins as the best final choice. Gifts to businesses incur a 0.5% transaction fee, however donations to nonprofits may be processed using ALFAcoins at no cost to the recipient. There are no withdrawal fees associated with this service (except for network fees levied by the blockchain network).
ALFAcoins does not support currency conversion. It can’t add money to your bank account, hence it’s fake.