Last Updated on November 4, 2021 by cryptocreed
The cryptocurrency market has been growing at breakneck speed. According to available data, more than 5,300 different cryptocurrencies are being traded in the market, with a total market capitalization of more than $200 billion. According to the most recent market findings, by 2025, the worldwide bitcoin payment system will expand to be worth $630 billion in the United States, with a double-digit annual growth rate of 23.4% between 2020 and 2025.
Let’s have a closer look at some of the best cryptocurrency payment platforms available on the market. We’ll try to figure out how these crypto payment solutions compare to provide better services. We’ll also strive to determine what makes a crypto payment system a possible challenger for the best crypto payment processor title.
Top Global Crypto Payment Gateways
This list includes some of the most famous gateways that accept Bitcoin and other cryptocurrencies as payment. Apart from Bitcoin currency processing, these crypto payment processors can also help businesses accept Ripple, Ethereum, Litecoin, and other major currencies.
Coinbase is one of the most frequently utilized cryptocurrency payment processors. The Coinbase app for merchants enables you to receive prompt bitcoin payments using your phone or computer. Because of Coinbase’s quick crypto-to-fiat transactions, it’s one of those payment channels that guarantee high confidence in price stability. Coinbase is widely compatible with a wide range of eCommerce CMS platforms. Coinbase is used the most in specific high-value European markets, including The Netherlands, Spain, Italy, etc. Its fees start at 0.5% plus a fixed price.
One of the most recognized names in crypto payments is NOWPayments. It’s well-known for its low-cost, non-custodial gateway solutions. Businesses may accept 100+ cryptocurrencies using the gateway, including a simple API and several cryptocurrency add-ons that are ready to go. NOWPayments, founded in 2019, offers several features, including a mass payments capability, a PoS solution, and fiat conversion. It is compatible with a wide range of eCommerce CMS platforms such as OpenCart and WooCommerce. The maximum cost is 1% (0.5% per auto exchange and 0.5% per transaction).
Another leading candidate for the title of best crypto payment gateway in 2021 is Coingate, which allows merchants to utilize Bitcoin and other altcoins and accept payments in fiat currencies such as Euro, USD, and others. It also has plugins for eCommerce platforms. Coingate merchants may now take Bitcoin, as well as other cryptocurrencies, thanks to Shapeshift’s integration. Coingate imposes a minimal 1% transaction fee on a wide range of transactions. Japan, Brazil, and Belgium are among the most frequent users of Coingate, according to a variety of currencies.
It is one of the oldest payment gateways in cryptocurrencies and much more. Crypterium is a well-known cryptocurrency wallet with unlimited features for Bitcoin and other cryptocurrencies. Services include banking class security, price predictions, and loans. The platform combines traditional finances and digital assets, allowing users to transfer their crypto with just a phone number or wallet address worldwide for free.
Examining all of the payment gateways mentioned above can help you decide which one is superior. It includes low costs, ease of integration for sellers and merchants, and various features.