Crypto Payment Gateway For E-commerce

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Introduction

Cryptocurrency payment gateways can basically be defined as those means or platforms which help in the facilitation of payments or transactions made with cryptocurrency between individuals anywhere in the world, and even go as far as converting the cryptocurrency into the local fiat currency of the recipient.

Cryptocurrency payment gateways are very important to boost the adoption and usage of cryptocurrency seeing as they encourage inclusivity by basically providing a stress free, efficient, low cost and secure means for individuals to make payments or transactions across the world.

In this post of mine, I will be explaining and discussing some of the different cryptocurrency payment gateways with good reputation, efficient operationality and functionality and how they have contributed to the seamless facilitation of payments with digital currency or cryptocurrency.

• The Coingate

To start let me tell you all a little about the crypto payment gateway known as coingate, it was first launched or introduced in the year 2014 and since then it has grown both in its technology and in the services it offers, the coingate offers services that makes payment processing very efficient.

Also the coingate crypto payment gateway supports and accepts transactions in over fifty cryptocurrencies, this feature of wide range of cryptocurrency allows it to be very flexible to the need and requirement of each of its users both the sender and the recipient.

Additionally, in terms of payout or cashout options, the coingate platform is a cryptocurrency payment gateway that has made electronic commerce very easy and enjoyable seeing as it offers services the helps traders or merchants to manage their funds and maximize the opportunities of the cryptocurrency market.

• The Bitpay

The Bitpay is cryptocurrency payment gate way that was introduced or launched three years before the coingate was launched that is the year 2011, it has a very good reputation and is very trustworthy and over the years since it was founded and introduced in the world of cryptocurrency payments it has gained a lot of usage.

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Some of the features of the bitpay is that it is able to execute and facilitate an automatic conversion of digital currency or cryptocurrency into the local fiat currency, it also employs complex security or cryptographic protocols like using multiple signature wallets and two factors authentication protocol.

Additionally, this feature of bitpay that practically allows it to be automatically and immediately converted to the local fiat currency of the recipient of the crypto payment comes in very handy in times when the value of the cryptocurrency is very volatile and constantly changing in price.

• Nowpayments

Nowpayments, this is unique cryptocurrency payment gateway at least it is quite different frim all the cryptocurrency payment gateway owing to the fact that it doest not hold any funds, whenever a sender makes a payment it goes directly into the wallet of the receiver or recipient, meaning it is a non custodial cryptocurrency gateway payment.

The nowpayments is also more flexible, I say this because it offers a wider range of services with a wider range of cryptocurrency, it supports and Carry's out payments in
over 100 known cryptocurrencies and it is easily applicable by other platforms that facilitate electronic commerce.

Additionally, the feature of the nowpayment being non custodial makes it a more preferable choice of cryptocurrency payment gateway for many individuals and businesses, it also has a feature that enables it to efficiently manage the wide range of cryptocurrencies it supports.

• The Btcpay Server

The btcpay server is a cryptocurrency payment gateway that can regarded or said to be self reliant when it comes to transaction or payment processing, this conclusion was made owing to the basic fact that it does not require the help or services of a third party so as to facilitate payment services between the payer and the payed.

Additionally the btcpay server is crypto payment gateway that be said be an open source and self host, this basically interpretes that it allows its users mainly the receiver of the payment to host and open their own btcpay servers which gives them increased control over the payment processes.

Even while still operating as an open source server which is very flexible to it's user needs, specifications and modification, the btcpay is able to offer to its users a certain high level of security which makes it to be very hard for merchants not to take advantage of these features.

Conclusion

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I would like to say a very big thank to everyone of you my fellow steemiams who made the effort to read and go through this post which I have made, and I hope that you have been able to learn something new as I have explained and discussed the significant features some trustworthy and mentionable crypto payment gateways.

Some of these significant and noteworthy crypto payment gateway as I have discussed and explained in this post above includes; coingate, nowpayments, btc server and bitpay.