As the digital age continues to grow, the use of crypto as a method of exchanging goods/services on payment gateways is no longer strange. Accepting crypto in transactions contributes to improving the process, transaction methods and bringing more wonderful experiences to both customers and users. Below is a 5-point checklist for you to refer to when choosing the best crypto website payment gateway.
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Evaluating Functions and Features of The Best Crypto Website Payment Gateway
Evaluate the features of the payment gateway you are considering, and see if they are a perfect fit for your needs.
Let’s say you have an online store that sells products. So you will be interested in some features that help your store run more smoothly. You also prioritize payment gateways that provide a better experience for your customers. Let’s take a look at some of the basic features of the best crypto website payment gateway.
Payment Button
The Payment Button is where customers will click to pay for an item on your online store. Therefore, when choosing the best crypto payment gateway, you must consider whether the page is user-friendly, compatible with many other devices, such as tablets, mobile devices. Is the page safe for customers to pay? Is it certified safe by some reputable security organizations?
Payment Methods
This crypto payment gateway should support multiple cryptocurrencies to facilitate customers. As you know, now, investors are quite interested in many other cryptocurrencies and not just stable cryptocurrencies like Bitcoin, USDT, Ethereum etc. Providing a method to accept payments in different cryptocurrencies will enhance the customer experience. It is also a way for your online store to attract more customers.
Merchant Account
The best crypto website payment gateway is one that will allow you to conveniently and easily manage multiple currencies. Making withdrawals or connecting to a bank account with an e-wallet should be smooth.
Financial Reporting
For compliance purposes and transparent reporting in finance, you also need to pay attention to extracting reports and financial information in your account.
Technical Interoperability
The payment gateway should be easy to integrate into your store. Look for a gateway that provides a rest API and plugin for your CMS or shopping cart system.
Considering Compliance and Security
Choose the best crypto website payment gateway by checking whether or not it offers two-factor authentication, encryption, and anti-fraud. This factor is extremely important. Therefore, to limit the potential risks of losing customer information, fraud, losing money in the wallet, etc., you should consult many different sources to make the most careful choice.
Comparing Transaction Fees and Charges
It can be said that each payment gateway will offer a different fee. Try checking how this fee is calculated by the crypto website payment gateway service provider? Is it possible to charge a fee per transaction, a fixed fee per month or per year.
Supporting Cross-border and Accepting Multi-Currency
Think about your cross-border customer base if your online store can cater to them. This will expand your business reach and give you the opportunity to reach out to specific customer segments to increase your revenue.
Accepting multiple cryptocurrencies as payment will also be an advantage in your online store business.
Inspect Integration and Compatibility
The crypto payment gateway should be compatible with your existing systems and easy to integrate. Check if the payment gateway offers a plugin or API to integrate with your CMS or shopping cart system.
TRUSTING XAIGATE With Your Crypto Transactions
Once you’ve considered all the factors mentioned in the checklist, let’s check out Crypto Payments for Your Business. XAIGATE is a safe and easy-to-use crypto payment gateway made for all sizes of businesses who wish to take cryptocurrency payments from customers all over the world. You may quickly begin accepting cryptocurrency payments by connecting your online store to our gateway, which offers robust functionality and a smooth integration process.
In addition, this is also one of the best crypto payment gateways on the market which meets all the criteria for you to choose and integrate into your online store.
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