9 Best Bitcoin and Cryptocurrency Payment Gateways Of 2024 (2024)

Cryptocurrency Payment Gateways Reviewed In Detail [2024]

Coinbase Commerce allows small and medium scale businesses to accept crypto payments from customers. Being one of the best crypto exchange platforms, Coinbase supports a wide range of cryptocurrencies. Its Coinbase Pro platform has advanced features to serve professional traders. Businesses can create invoices, simple hosted checkouts, and Coinbase payment buttons using this crypto payment gateway. However, it doesn’t support the mobile point-of-sale function.

• Coinbase commerce is has user-friendly interface
• It doesn’t charge high fees and supports a wide range of cryptocurrencies
• Coinbase offers the industry-best security
• It charges 1% transaction fee on all crypto transactions

Pros and Cons

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BitPay is one of the early crypto payment gateway platforms to offer crypto payment services to businesses. Its primary feature is, it protects users from the volatility of cryptocurrencies. When the transaction gets initiated, BitPay locks in the exchange rate so that the receiver gets the exact value of the deposit. It also has customizable settings for payouts.

• BitPay allows users to make direct bank transfers
• It has cryptographically secured API features for security purposes
• BitPay has mobile point-of-sale, email, and server payment options
• It offers volatility shield by locking in exchange rate

Pros and Cons

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CoinsPaid has garnered a huge amount of followers over 9 years due to its competitive fees. Its charges are relatively lower than traditional Payment Service Providers. Moreover, the service isn’t limited to Bitcoin; it supports over 20 other digital currencies. CoinsPaid offers the flexibility to convert these digital assets into more than 40+ fiat currencies, enhancing financial agility for businesses. It is accepted globally with a 100% acceptance rate for any type of business.

Additionally, it supports various payment methods including recurring payments, invoices, and payment links, catering to diverse business needs. With an uptime of 99.99%, the platform guarantees almost uninterrupted transaction processing. Being an EU-licenced crypto provider, CoinsPaid adheres to Know Your Business (KYB) and Anti-Money Laundering (AML) regulations, ensuring compliance with financial standards. The platform has undergone and passed numerous independent cybersecurity audits, confirming its robust security measures.

• CoinsPaid offers lowest fees in comparison to other payment gateways.
• It supports a wide variety of 20+ cryptocurrencies to transact.
• Users can convert digital assets into more than 40 national currencies.
• The service enables automatic withdrawals via SEPA and SWIFT.
• It is a fast, cost-effective, and versatile solution for all types of businesses.

Pros and Cons

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4. KUNA Pay

KUNA Pay has put sophisticated encryption and security measures in place to protect the integrity of processing cryptocurrency payments. The platform employs multiple functionalities, such as dual-factor authentication, anti-fraud instruments, and instantaneous monitoring, to identify and avert possible security risks. Due to its quick and high security features, exchange processing has been revolutionized by the platform.

KUNA Pay offers a seamless solution for merchants to accept cryptocurrencies. It provides access to analytics for different payment types through a personal dashboard. With its dedicated approach to being one of the leading cryptocurrency payment providers, KUNA Pay stands out among its competition.

• It has a superemly fast processing feature
• KUNA Pay is straightforward and secure.
• This payment gateway has a two-factor authentication process.
• It takes only a few minutes to process payments.

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Binance Pay allows users to make borderless and contactless payments to merchants. It supports both user-to-user and user-to-merchant secure transactions. Being one of the best crypto exchange platforms, Binance provides several features and benefits to its customers. Users can make crypto payments with the help of QR code available on the homepage of its mobile application. Besides, it processes transactions instantaneously within a few seconds.

• Binance Pay supports over 300 cryptocurrencies and stablecoins
• The platforms offers APIs so that merchants can have complete control over the checkout process
• It doesn’t charge any fees for sending crypto to friends and family

Pros and Cons

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PayPal provides 24/7 secure transactions of both fiat and cryptocurrencies to its users. Even though it was initially an online payment platform, PayPal added a crypto payment feature in 2020. Its crypto wallet also allows users to directly buy and store cryptocurrencies. PayPal doesn’t charge extra fees for making crypto payments.

• PayPal automatically displays the account balance.
• It allows both crypto payments or convert crypto to fiat for businesses that only accept fiat payments.
• PayPal converts crypto to local currency at no additional cost
• It also has its own crypto wallet to buy and store cryptocurrencies

Pros and Cons

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NowPayments is a well-known crypto payment gateway established by ChangeNow, one of the top crypto swapping sites, in 2019. The platform offers low transaction fees and also offers non-custodial services for users who would like to have complete control over their funds. Businesses can easily integrate NOWPayments API to their platforms and benefit from its additional tools like invoices, donation widgets, CMS plugins, instant notifications, and more.

• Now Payments supports more than 150 cryptocurrencies
• It offers several additional tools like widgets, CMS plugins, instant notifications, and more
• Users can also benefit from its non-custodial services
• The platform provides advanced supports to help users

Pros and Cons

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DePay crypto payment gateway also offers decentralized finance services along with allowing users to make crypto payments. It also provides peer-to-peer transactions at lower fees and is compatible with various blockchain networks and crypto wallets. By simplifying the crypto payments for Web3 companies, DePay is playing an important role in driving the crypto adoption.

• Users do not need to register or sign up to use DePay
• It supports peer-to-peer payments and gives users complete control
• DePay supports popular blockchain networks and crypto wallets
• It charges less fees compared to other payment gateways

Pros and Cons

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CoinPayments has been working in the industry since 2013 and is now one of the most preferred payment gateways. It serves as a digital payment platform in more than 200 countries and helps users to make payments in cryptocurrencies. CoinPayments has a multi-coin wallet feature and also supports a mobile PoS system.

• CoinPayments has multi-coin wallet that supports more than 2000 cryptocurrencies to store
• It supports over 175 cryptocurrencies to make payments
• CoinPayments accepts payments through its API and mobile point-of-sale features
• It allows users to buy crypto within the platform using debit/credit card payments

Pros and Cons

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How does a crypto payment gateway work?

If companies want to accept a demanding form of payment but are not quite ready to dive all the way into the cryptocurrency space, they can use the crypto payment gateway. To continue operating over time, they require a service fee from their clients in exchange. In addition, the providers pay a fee to the miners or transaction validators of the cryptocurrency network for enabling the transfers.

The payment processing that cryptocurrency payment gateways handle looks like this:

Customers can choose to use a cryptocurrency payment gateway to make their payment when they choose a product or service from a merchant’s website, app, or physical store.

• Crypto market exchange rate of the cryptocurrency the customer wants to spend in relation to their preferred fiat currency, like the British pound, will also be locked during this transaction window.
• The cryptocurrency payment gateway instantly converts the payment into the preferred fiat currency.
• The money is then transferred to a merchant’s account so they can use it for purchases or other uses.

How To Select the Best Crypto Payment Gateway?

To select the proper crypto payment gateways, remember to check through the following points:

1. Supported Cryptocurrencies:

Make sure that the gateway accepts multiple cryptocurrencies, with an emphasis on the primary ones such as Bitcoin (BTC) Ethereum (ETH), and other Altcoins which will enable you to capture a broad market of several customers.

2. Transaction Fees:

Choose a gateway whose fees charged for the transaction are quite reasonable and well illustrated, and ensure that there are no hidden statements that add up to the amount charged.

3. Security Measures: Choose a reliable gateway that employs proper security measures, including encryption and two-factor authentication (, for your money as well as buyer’s data.

4. Integration and User Experience: When deciding which gateway to use, consider one that can easily be integrated into your current structure as well as providing an easy-to-understand for you and your clients.

5. Customer Support: It is yet another important factor in hiring bandwidth, and good customer support is important to tackle any problem instantly. Make sure to have a satisfying level of interaction with the gateway.

6. Scalability: The gateway should be able to cope with the increasing volume of transactions as your business expands without any hitch.

7. Payment Settlement Times: Evaluate the time taken within the gateway to transact and settle payments, as a faster settlement cycle is always advantageous in terms of cash flow.

Conclusion