Best Bitcoin Payment Gateways In 2020 | Quick Review
What is Bitcoin Payment Gateway?
Cryptocurrency payment gateways are the payment network that facilitates the merchants to complete the transaction involving Bitcoin and altcoins. With lower transaction fees and a highly secured network, these payment gateways allow the acceptance of the bitcoins by merchants in the crypto space. One of the best features is that they can easily integrate with e-commerce platforms, point-of-sale systems, accounting websites, and many more. A variety of gateways are available in the crypto sphere and one can choose the best bitcoin payment gateways in 2020 according to their needs.
List Of Best BitCoin Payment Gateways In 2020
Let us try to find out the best cryptocurrency payment gateway for you from the number of gateways available in the market.
which is a reputed crypto exchange also provides fiat to crypto payment gateway. It provides instant currency conversion to cryptocurrencies. It is recommended for businesses of all sizes with minimal transaction fees. (but in few countries only!)
Fiat to crypto gateway of Coingate allows merchants to monitor payments from a mobile app. The user-friendly interface supports more than 40 cryptocurrencies and a number of fiat currencies making it a popular choice among merchants.
It is one of the bitcoin payment processors available for both Android and iOS users supporting the fiat to crypto payments. It supports fiat like USD, GBP, and EUR with a number of cryptocurrencies. Two-factor authentication and 24-hour customer support made the gateway secured and reliable for traders.
B2BinPay provides bitcoin payment gateway API for all in one global cryptocurrency payment solution involving online payments. With real-time balance and transaction history, automatic withdrawals, secured checkouts, and supporting more than 800 coins, B2BinPay stands out as one of the best bitcoin payment gateway in 2020.
Due to its interesting payment gateway API, it is popular among developers rather than among merchants. It can be easily integrated with online shopping platforms but coffers liquidation in US dollars only.
It is a bitcoin payment gateway that splits the offering between fiat and cryptocurrency which allows the merchants to keep some cash as the hedge to the surging prices of bitcoin. With the exception of North Korea and Israel, this payment gateway can be used anywhere in the world.
With a free cap of $1,000 worth of daily transactions and $10,000 annual transactions and after that transaction fees of 1% will be charged. For small businesses and startups, BitPay seems to be a reliable option as a bitcoin payment gateway.
Without any bank account of enterprise, it accepts bitcoins as payment via GoURL. It is a bitcoin payment gateway that works with almost all the renowned crypto wallets and also with BTC debit cards. GoURL is a blockchain payment gateway that maintains high anonymity with greater transparency.
It can be considered as one of the best bitcoin payment gateway in 2020 as it allows merchants to withdraw the payments transferred via PayPal. Transaction fees of flat 1% are charged to merchants who are allowed to make withdrawals either in USD or Euro.
Don't get shocked after reading that CoinPayments allows you to accept more 1480 crypto coins with pre-made shopping cart plugins. Not only multi-currency bitcoin payment gateway, but it also provides a multi-cryptocurrency crypto wallet to store your private keys.
For merchants based in Europe, Spectrocoin serves as one of the efficient bitcoin payment gateway by providing a number of options like e-commerce plugins, processing APIs, payment integration tools, and many more for both large and small businesses.
Blockonomics is a blockchain-based bitcoin payment gateway that does not require authentication from any intermediary but an extra API facilitates the transaction. If you are a user and want to complete your payment through Blockonomics, you need to scan the QR code from the login page.
With a quick set up process and flexible user interface, TripleA is considered to be one of the simplest bitcoin payment gateway to operate. Both internet plugins and API is available for merchants to set up TripleA. With a flat 0.8% of transaction fees, payment can be directly made from the user's wallet to the wallet of the merchant.
Custody fee with zero fee bitcoin payment gateway of NOWPayments is available with multi cryptocurrencies. With customized tools for merchants, NOWPayments aim to revolutionize the experience of the merchants while dealing in cryptocurrencies.
Hundreds of bitcoin payment gateways are offering a variety of services. If one is offering the conversion of fiat to crypto then the other is offering blockchain-based decentralized processing systems; if one is accepting credit and debit cards while doing the payments then the other allows the merchants to receive the payments in their bank accounts and Paypal wallets. So, you need to carefully analyze the features of gateway and list down your requirements before deploying any payment gateway.
Summing Up
Cryptocurrency payments are here to stay and meant to revolutionize the traditional payment system. Decentralization, better traceability, transparency, security of transactions, and what not, are the features we can use while doing the transactions involving cryptocurrency and the blockchain network. Bitcoin payment gateways may be adopted by the majority of merchants and most of the customers might also get addicted to all new experience of bitcoin payments. So, we should get ourselves aware of the best bitcoin payment gateways in 2020 and try exploring the features of a few of them and get ready for the future of the payment revolution.
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