In today’s digital world, cryptocurrency and crypto payments are becoming more on-trend than ever before due to the priorities it has over time-consuming and old-fashioned methods like bank transfers.
Nowadays, E-Commerce businesses and individuals can facilitate their payments without much risk of getting tricked into a bad deal simply by hiring a reliable payment gateway provider. As a result, they can increase their overall potential clients and expand their business internationally.
Below we are having an overview on some of the major crypto payment providers of the world and their differences.
When expanding a business, you may come across various global customers; thus, you'll be in need of an instant and secure crypto payment provider. There are hundreds of third party providers out there which you can choose from but what matters is that working with a reliable one which will help you integrate your chosen methods easily into your marketplace and create a seamless customer experience.
BitPay is a crypto payment provider which provides Bitcoin and Bitcoin Cash payment processing services for merchants. BitPay builds blockchain payment technology to make payments fast, secure, and less expensive on a global scale. Bitpay works by allowing customers to pay with Bitcoin during their checkout process. They then pay the invoice to Bitpay at a locked-in exchange rate. A 1% fee is assessed on each paid invoice. BitPay supports only Bitcoin, major alt coins, some tokens, and stable coins.
PayPax is an instant, simple and secure crypto payment provider which helps your customers send, receive and accept payments in more than 50 cryptocurrencies and digital money. Signing up for a PayPax account is easy and free of cost and also by verifying your account you can have higher security and lower fees. PayPax support center offers 24/7 customer support for you to be able to easily solve your possible technical issues. Using PayPax gives you the opportunity to integrate different payment methods and provide the most cost-effective payment solutions for your customers to have a seamless experience.
Coingate is also another crypto payment provider which enables users to make cryptocurrency payment infrastructures, track orders, and manage crypto earnings. In addition, CoinGate merchant tools allow implementing crypto payments to virtually any website or brick & mortar store. It offers more than 70 cryptocurrencies to its users to set up cryptocurrency payments for any website or physical store.
Triple-a is a crypto payment provider licensed by the Monetary Authority of Singapore (MAS) enabling crypto payments & payouts for businesses. Users can utilize this crypto payment provider to integrate crypto payments with their online store and add cryptocurrency as a new payment method to enable their customers to make transfers with international money and cryptocurrencies.
Coinpaid is another leading crypto payment provider out in the market. Using this system you can accept payments in Bitcoin, Ethereum, Tether and other digital currencies. You can also use the system for settlements with partners as it lowers the risks involved in the conversion of fiat to crypto.
|Number of supported currencies||8||more than 70||70||44||50|
|Number of blockchain networks||BTC, ERC20, XRP, LTC, BCH||BTC, ERC20, XRP, LTC, BCH, XNO, TRX, BEP20, BEP2, Goge, EOS, Stellar, DOT||BTC, ERC20, XRP, LTC, BCH, XNO, TRX, ADI, ADA||BTC, BCH, ETH, XRP, EOS, LTC, ADA, DOT||BTC, BCH, ETH, XRP|
|Alternative payment methods||none||e-money||none||none||none|
|Fees||1% fee is on each paid invoice||0.5% for verified accounts||3% fee for trader operations and 1% flat fee for merchant payment processing services||0.8%||less than 1%|
|Exchange posibility||not possible||possible||possible||possible||possible|