In this blog, we will understand in detail what crypto is, and how the payments using crypto are done and the features one should consider when choosing a good crypto payment gateway.
WHAT IS CRYPTO CURRENCY?
A crypto currency is a currency in digital form, this online money acts as an alternative for payments of the goods and services you purchase.
WHAT IS A CRYPTO PAYMENT GATEWAY?
The crypto payment gateway is a third party payment processor that helps with exchanging crypto currencies to your desired choice, be it some other currency or in fiat money. The crypto exchanges are usually done through a crypto payments gateway, as it takes away the extra hassle of cryptocurrency exchange and managing the wallet.
While the market is large and you have many choices to choose from, having a good idea on what to look for when searching for a good crypto payment gateway is always a good idea.
FEATURES YOU HAVE TO LOOK FOR WHEN CHOOSING A GOOD CRYPTO PAYMENT GATEWAY.
- Security: when dealing with digital money, the main priority should go towards its security and having a safe and a secure network is one way to achieve it. A good crypto payment gateway should offer high end security so that both your data and digital money remains protected and safe at all times.
- Choices: a good crypto payment gateway will offer a large variety of crypto from all over the world, from which you could choose from.
- Easy to use: a good crypto payment gateway will offer easy to perform steps that will allow for an easy integration with your website.
- Service: when you’re stuck with some payment or have some other technical issues, a good crypto payment platform should offer customer service at any time and work with you to solve any queries of yours.
While these factors are just the basis of what you need to keep in mind, a proper research will eventually lead you to your best choice.
WHICH PAYMENT GATEWAY IS BEST FOR CRYPTOCURRENCY?
iPint is an easy to use, borderless crypto payment service developed by Bitfia labs. This is the best cryptocurrency payment gateway in the market.
WHY iPint IS THE BEST CRYPTO PAYMENTS GATEWAY?
- Secure payments: iPint is a highly protected and secure blockchain payment solution, as all API’s endpoints are encrypted through SSL. so data transfer is safe.
- Increase your customer base: iPint offers a risk free, instant conversion and smooth settlement from payments with cryptocurrency from all over the world.
- No price Volatility: it ensures fixed exchange rate irrespective of the cryptocurrency used.
- Cold storage: iPint uses cold storage to store the majority of their funds making it more secure for you.
HOW DOES iPint CRYPTOCURRENCY PAYMENT GATEWAY WORK?
- With the help of our team you can create an iPint account and integrate the payment gateway on your website.
- When a customer ends up choosing the cryptocurrency as the form of payment, they are allowed to choose what preferred coin that they would want to process their payment.
- iPint then does the calculations to be paid in the selected currency through scanning the specific QR code or by filling the address and once the block chain confirms the transaction, the payment is deemed successful.
- You automatically receive your payment in your preferred currency.
CONCLUSION
Although you could still work with the crypto wallet yourself, crypto payments gateway have opened the doors to an easier way of handling cryptocurrencies, that is safe and secure. They take away the hassle of handling the currencies yourself, and making it easier for you to work. While providing a cheaper and faster means of money transfer. And a good crypto payments gateway like iPint can help you with it.