Bitcoin is considered the “gold standard” of cryptocurrency, and often the gateway for new collectors and investors to get into the cryptosphere. As time goes on, it will be nearly impossible to run a business without accepting Bitcoin as a mode of payment. For the uninitiated, Bitcoin is gaining fast adoption worldwide. It is the groundbreaking invention of computer science led by Satoshi Nakamoto which lets merchants accept payments anytime, anywhere in the world. That being said, you’re going to need some gateways to accept Bitcoin and other cryptocurrencies for your business.
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Merchants who are running a business on WordPress or Shopify or similar online platforms can start accepting Bitcoin payments with ease. However, it is not limited to online businesses. Offline businesses should also start accepting Bitcoin as payment through Bitcoin payment gateways. In this article, we’ll learn about the top 5 Bitcoin Payment Gateways for your business.
- CoinPayments – CoinPayments has been around since 2013 and is the most popular cryptocurrency payment in this day and age. With CoinPayments, you can accept over 1480+ cryptocurrencies including Bitcoin, Monero, Ethereum and many others. They offer many pre-made shopping cart plugins that you can use for your merchant store or you can code it yourself as well. Supported plugins include Shopify, WooCommerce, OsCommerce and Easy Digital downloads. You can store your accepted cryptocurrencies in their secure multi-currency wallet.
- BitPay – BitPay is a leading Bitcoin payment processor based out of the United States 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.
- Coinbase Commerce – Apart from trading Bitcoin on Coinbase, you can also use it for accepting Bitcoin payments for your business. Its merchant app helps businesses accept Bitcoin, and it has the ability to 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.
- Blockchain.info – Blockchain.info is a popular Bitcoin wallet player in the crypto world. They also provide Bitcoin payment APIs for personal or business purposes. However they don’t have ready-to-use plugins yet but they are one of the most trustworthy solutions for merchants. You can easily integrate their payment processor for free which gives you access to their free Bitcoin wallet.
We’ll update this list of Payment Gateways with changes and updated features. Meanwhile, reach out to us with your favorite Payment Gateway and we’ll add it to the list.
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