In the recent years, the world has seen a dramatic development of technology, and comes with it is the ever-increasing popularity of cryptocurrency. Since many customers are opting to use crypto instead of traditional fiat currencies, more ecommerce owners and businesses are looking to offer cryptocurrency as a payment method. Thus, finding a reliable, safe, yet cheapest cryptocurrency payment gateway has become a top concern for many merchants.
So, what is a cryptocurrency payment gateway, what factors to consider when finding a low-fee yet reliable service, and which gateways are our top recommendations? Let’s dive into this topic today with XAIGATE.
What is a cryptocurrency payment gateway?
Cryptocurrency is a digital form of currency, thus differing from commonly-used traditional fiat currencies such as USD. So, in order for merchants to accept crypto as a payment method, there is a need for a cryptocurrency payment gateway to process crypto payments from customers and settle them into merchants’ wallets in the form of crypto- or fiat currencies.
Learn more in details about how a cryptocurrency payment gateway for business works: 5 TOP Cryptocurrency Payment Gateway for Business
Essentially, a cryptocurrency payment gateway is a bridge between merchants accepting cryptocurrencies and customers paying for goods and services.
Factors to consider when looking for most reliable and cheapest cryptocurrency payment gateway
Since a cryptocurrency payment gateway is crucial to merchants when they are looking to expand their businesses to a new pool of customers, it is of utmost importance to find the most suitable one. In order to minimize cost, maximize benefits, and avoid unexpected fees, finding the cheapest cryptocurrency payment gateway is one of the top criteria on merchants’ mind when sifting through options on the market. Especially for small businesses, looking for the cheapest cryptocurrency payment gateway option would be ideal as it allows them to reach out to a whole new global customer pool without increasing the overhead cost too much.
Although finding the cheapest cryptocurrency payment gateway is important, there are other factors to consider alongside fees in order to make sure your business can run without disruption and customers can have the best experience when using your websites.
- Supported Cryptocurrencies: The types of digital currencies accepted by the crypto payment gateway is essential as it dictates the customer outreach potential for your business. Doing market research for your specific business and fully understand the most commonly-used cryptocurrencies in your field can help you balance the number of crypto you want to accept versus finding the cheapest cryptocurrency payment gateway.
- Transaction Speed: When searching for options, you should definitely take into account transaction speed and the swiftness with which the gateway service processes transactions in order to make sure your business runs smoothly and customers can enjoy the service without inconvenience.
- Mobile Compatibility: A crypto gateway service, in this day and age, cannot lack the mobile-compatible feature as almost everything is done on phones and tablets for customers. There are low-fee gateways out there with great mobile compatibility for you to consider!
- Customer Support: Although you want to find the cheapest cryptocurrency payment gateway, you would still want a responsive and helpful customer support team who is always happy to assist should problems arise. A strong customer support service is essential so you can set up and run your business with the gateway seamlessly.
Top 3 safe, reliable, and cheapest cryptocurrency payment gateway
XAIGATE
XAIGATE is a secure and user-friendly crypto payment gateway well-known for our low crypto processing fees and no monthly maintenance cost feature. Our low fees, however, do not compromise other aspects of the gateway functionality. Using XAIGATE, businesses can easily integrate crypto payments into their websites/ecommerce stores and accept crypto payments swiftly, securely, and seamlessly. Some of XAIGATE outstanding features include:
- Low crypto processing fees: Only 0.2% Transaction Fee
- No hidden fees
- No monthly maintenance cost
- Easy setup: User-friendly UX/UI
- Invoice services: XAIGATE assist clients with requesting payments and processing them through our blockchain API.
- Global payments: We accept crypto payments from all over the world.
- Safe and secured
All in all, XAIGATE offers a low-fee payment gateway option for small ecommerce shop owners and businesses that are looking to cut cost. With our team of experts, we deliver a gateway service that is secured and efficient along with other additional features, but without the additional cost! XAIGATE is definitely the top choice as the most reliable and cheapest cryptocurrency payment gateway on the market.
Zypto Pay
Zypto Pay, formerly known as FCF Pay, is known for its simplicity as a crypto payment gateway. Offered to merchants at a competitively low fee, Zypto Pay has the following advantages:
- Fees: 0.5 – 1.5%, suitable for businesses of all sizes with different needs
- Accept 80 different types of cryptocurrencies
- Volatility protection
- Easy integration into ecommerce websites
- Safe and secured for worry-free transactions
CoinPayments
CoinPayments is a popular cryptocurrency payment gateway and among the first processors to extend their crypto service beyond Bitcoin. Nowadays, CoinPayments not only offers their service as a gateway but also as a wallet to manage and store more than 2300 currencies. Some of CoinPayments features include:
- Low fees: 0.5 – 1% fee
- Safe and secured
- Strong customer support system
- Easy integrations with more than 20 pre-built integrations available
Those are our recommendations for the best yet cheapest cryptocurrency payment gateway. If you are looking for a gateway option, XAIGATE is a great low-fee service but with reliable, safe, and convenient functionalities as well as extra features at no additional cost! Our professional team is always happy to assist you every step of the way and ensure you can integrate our gateway into your business workflow efficiently and seamlessly.
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