If your thinking of adding Bitcoin & other Cryptocurrency payments to your store, or maybe your not happy with the one you’re already using. We’ve put together a definitive list of popular Bitcoin Payment Gateways to help you find the best one for your business.
Merchants who are running an online business on WordPress or Shopify or anything similar online platform can now start accepting Bitcoin. But Bitcoin is not only limited to online businesses, offline business should also start accepting Bitcoin as payment. To do this, you will need to know about Bitcoin payment gateways. So we’ve put together a definitive list of popular bitcoin payment gateways.
Please note the list below is in no particular order.
Elegro provides a suite of payment solutions for merchants: e-commerce, retail and wholesale enabling acception of fiat or crypto payments, exchange of currencies and safe storing of funds with our branded crypto wallet. Elegro gives an opportunity to develop your business at global scale by taking out all the payment-related hassle.
- User-friendly interface;
- The highest data security level;
- An opportunity to accept cryptocurrencies automatically and get payouts in local currency to a business or personal bank account;
- A decentralized network that allows for instant payments in conventional currencies and reduced fees;
- Elegro is approved and licensed to operate in the EU market.
A new and very interesting plugin for Woocommerce which enables 0% fees and peer to peer transactions. Here’s a list of features below.
- 0% transaction fees
- Unlimited transactions for a flat fee
- Receive payments into any wallet you choose
- Automatically detect unique payments from endless customers
- Accept 70+ coins: Bancor, Bitcoin, Bitcoin Cash, Dash, DigiByte, Ethereum (ERC20s), Litecoin, Monero, Verge, Zcash, & more..
The Coinify.com platform offers blockchain currency trading and payment processing services: individual Traders can buy and sell blockchain currencies; and Merchants can accept blockchain payments in 15 currencies and receive payouts in fiat.
BitPay is a leading Bitcoin payment processor based out of the US since the early days of Bitcoin in 2011.
With the BitPay app, you can accept Bitcoin as payment for more than 40 integrations with popular e-commerce platforms and point-of-sale systems as well as convert it into 8 fiat currencies for bank deposits in 38 different countries.
SpectroCoin is another Bitcoin payment gateway for merchants based out of Europe. They have a decent customer base and provide a variety of options for businesses.
They aim to create alternative payment options for customers and businesses around the world with their ready-to-use solutions such as e-commerce plugins, Bitcoin payment processing APIs, and other payment integration tools.
CoinPayments Instant crypto checkout with easy to use cart plugins, advanced buttons, invoice builder, and an API for custom integrations. Access your account, accept payments in person, and convert coins anywhere with mobile apps for Android and iOS.
CoinGate allows your business to accept Bitcoin/altcoin payments and receive payouts in EUR, USD, or BTC.
It provides a wide range of solutions for various types of business needs like plugins for E-commerce, APIs, and point of sale applications with payment buttons for different platforms such as web, Android, and iOS.
It also supports altcoin payments with ShapeShift integration.
You can see this example of an e-commerce platform to see how Bitcoin/altcoin payment integration will look in real time.
GoUrl is an open-source project that provides unique Bitcoin payment solutions for its users. It is based out of the Commonwealth of Dominica and provides ready-to-use plugins for E-commerce and APIs along with free customer support for GoUrl payment integrations.
Read about businesses that are using GoUrl Bitcoin payment solutions, and see their pricing structure.
This is what BitcoinPeople are currently using for our payment processing. GoURL’s WordPress Plugin works very well. It gets the thumbs up from us!
Coinbase is one of the world’s biggest Bitcoin exchanges. But apart from trading Bitcoin on Coinbase, you can also use it for accepting Bitcoin payments for your business.
Coinbase has a merchant app for businesses to start accepting Bitcoin where you can accept payments in Bitcoin and instantly convert it into fiat to save yourself from price volatility.
There are a variety of options for both offline and online businesses to start accepting Bitcoin via Coinbase merchant solutions.
Currently, Coinbase is only available in limited countries, so don’t forget to check that your country is on this list before choosing Coinbase.
CoinsBank is a Bitcoin payment processor, wallet provider, and exchange based out of the UK.
It doesn’t matter whether you are running an offline or an online business because, with CoinsBank, you can use their instant merchant invoice management app that lets you receive payments in bitcoins.
Also, you can receive withdrawals in various fiat currencies according to this fee schedule of CoinsBank.
Blockchain.info is one of the oldest Bitcoin wallet players in the crypto world. They also provide Bitcoin payment APIs for personal or business purposes.
But the process is not so straightforward because they don’t have ready-to-use plugins yet. That said, they are one of the best and most trustworthy solutions for merchants.
If you have some programming language knowledge, you can integrate their payment processor for free which gives you access to their free Bitcoin wallet.
SetGetGo is a relatively new payment processor which only charge you a flat fee per successful transaction. You can start receiving Bitcoin from your customers right away without having to create an account.
Use simple button and link generator tools to start accepting Bitcoin in minutes. Receive Bitcoin payments directly into your own wallet without any effort. Once a payment is confirmed, funds are sent to your wallet within minutes.
BitcoinPay has been around a few years now and is quite popular amongst businesses. Account setup takes about a minute and an intuitive, easy-to-understand interface will guide you through the process.
Bitcoin payments only take a few seconds and most transfers are confirmed immediately so you never have to wait for ten-minute network confirmations.
PayBear.io is a relatively new company offering a high speed low fee payment gateway with over 11 cryptocurrencies accepted. Several integrations are offered in the form of plugins for many of the most popular shopping carts, including Woocommerce, Magento and Open Cart. Or simply add it to your website using there easy to follow API documents.
Aliant Payment Systems are an international merchant service based in Florida USA . They currently handle Merchant accounts all over the world and offer low fees and custom integrations into your e-commerce website.
Aliant’s crypto payments processing platform also can automatically convert your received crypto payments into fiat (US Dollars, Euros, GBP, and more) and pay directly into your bank.
So what are the benefits of accepting payments in Bitcoin?
Accepting Bitcoin as a method of payment gives you the following benefits:
- Your business gets an alternative trustable payment method that works 365 days and 24/7.
- You can receive cross-border payments which you can track in real-time.
- Your business gets a worldwide customer base
- Your business gets more profits, fewer fees, fewer credit/debit card chargebacks, and less fraud.
- It gives your business an option to keep some amount of your profits in BTC as an investment option. This could help your business in the long-term.
- You and your business get the freedom to ‘Be Your Own Bank’.
We will try to update this list every now and then. So keep an eye on this post!
Which Bitcoin payment processor are you using? How has your experience been?
Did we miss any other major ones from the list? Let us know your thoughts in the comments section below!