No tech or coding expertise? No problem. It’s not essential because taking crypto payments in your business with XAIGATE is easy and simple. Let’s discover how we take crypto payments for your business in the rest of this article.
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Why are crypto payments no longer optional?
Crypto payments are no longer optional. They are becoming a must-have for businesses because customers use crypto payments more and more. In 2024, over 600 million people worldwide own cryptocurrency even the number is growing at a 12.5% annual rate. If you don’t accept crypto, you risk losing customers to competitors who do.
However, it’s not just about keeping up – it’s about the perks. Accepting crypto can save you money. Crypto transaction fees are often lower than credit card fees, sometimes by up to 80%.
Speed is another win. Crypto payments can be confirmed in minutes or even seconds, unlike bank transfers or card payments that might take days.
Crypto’s got you covered. Thanks to blockchain technology, every transaction is recorded on a super-secure digital ledger. This cuts down on fraud and those pesky chargebacks that can eat into your profits.
Plus, crypto opens the door to customers all over the world. You can make crypto payments from anywhere without worrying about cross-border fees, currency exchange headaches or slow international bank transfers.
Which issues must people face when taking crypto payments? And how to solve them?
Taking crypto payments can open up exciting opportunities for your business, like reaching new customers and cutting transaction costs. But, like any new tech, it comes with challenges. Don’t worry—we’ll walk you through the common issues and how to tackle them.
Price volatility
Cryptocurrencies such as Bitcoin and Ethereum can suddenly change in a single day. This makes merchants nervous about accepting crypto as the value of payments could drop before they convert it to cash.
In this case, using a payment gateway like trusted crypto payment gateway can instantly convert crypto payments into your local currency to keep its value.
Uncertain regulatory
Crypto regulations vary by country and are still evolving. Thus, many businesses worry about compliance, taxes and whether accepting crypto could lead to legal trouble. XAIGATE ensures transactions comply with local regulations.
Technical complexity
Setting up crypto payments can feel overwhelming, especially for small businesses without tech expertise. On Xaigate website, what you need to do is very simple. Check a complete guide on the rest of the article to explore how to do it in detail.
How to take crypto payments with XAIGATE
Taking crypto payments sounds difficult, but with XAIGATE, it’s as easy as adding a “Buy Now” button to your online store with no complex technology and confusing steps. Here’s how to get started with XAIGATE
Step 1: Sign up for your XAIGATE Account
First of all, head to https://www.xaigate.com/ and click “sign up” to create a merchant account. Fill in a few basic details such as your name and email and you’re in.
In just a couple of minutes, you’ll unlock your Merchant Dashboard at https://wallet.xaigate.com/, where you can manage everything with a clean, user-friendly interface.
Step 2: Install the XAIGATE Plugin
If you’re using a platform like WordPress (with WooCommerce), Shopify, Magento, or PrestaShop, XAIGATE has ready-to-go plugins. For WordPress, go to your admin panel, navigate to Plugins > Add New, search for “XaiGate Crypto Payment Gateway,” click “Install Now,” and then “Activate.”
Step 3: Configure Your Payment Settings
Go to your platform’s payment settings. Find XAIGATE, click “Manage” and add:
- A title like “Pay with Crypto.”
- A short description like “Use Bitcoin or Ethereum”
- Grab API Key from your Merchant Dashboard at https://wallet.xaigate.com/merchant/credential.
- Your store’s name.
- Click “Save” and you’re set!
Step 4: Start Taking Crypto Payments
Once configured, your customers will see XAIGATE as a payment option at checkout. They’ll be directed to a secure XAIGATE payment page, choose their crypto and pay using a wallet address or QR code. The blockchain confirms the transaction (usually within 5 minutes), and the funds show up in your Merchant Dashboard.
Taking crypto payments in 2025 doesn’t have to be complicated. With XAIGATE, you just need to follow some simple steps and wait. Need assistance? Our support team is here to help. Sign up for XAIGATE today and start accepting crypto payments in minutes!