Cryptocurrency payments have become an important part of online businesses. Many businesses find them safer, faster, and more convenient compared to fiat payments. Crypto payments were tough for some business owners when they were introduced. But now, a crypto payment gateway named CoinRemitter has simplified them. It makes it very easy for businesses to accept crypto payments. This way, businesses can reach a global audience.
Growing Popularity of Crypto Payments
Cryptocurrencies are becoming a reliable alternative to fiat currencies. However, many still doubt the potential of crypto. According to experts, the crypto market can increase by $35 billion in the near future. They also expect a steady annual growth. So, businesses that accept crypto payments can stay ahead of the competition.
How This Platform Makes Crypto Mainstream
This crypto payment processor doesn’t offer too complex solutions. Instead, it makes cryptocurrency payments simple and practical. Such an approach invites many businesses to use crypto as a regular payment option. Below are the reasons showing how it makes crypto mainstream:
Lowest Processing Fees
Traditional payments often have high fees. They may take a big part of the business profits. Cryptocurrency payments don’t have many mediators except for miners. This crypto gateway is one of the cheapest options, as it charges only 0.23% per withdrawal. There are no additional fees, which means savings and increased profits. Higher profits help you with better planning, budget management, and investment.
Fast Global Payments
Blockchain technology helps crypto transactions to be faster. Traditional cross-border payments may take a few days, while crypto payments take seconds or minutes. There is no requirement for banks or mediators except for miners. The absence of mediators causes faster payments.
No Risk of Chargebacks
Cryptocurrency payments cannot be reversed after being confirmed. So, customers cannot claim a chargeback after successful purchases. Such chargeback risks are common with credit cards. However, there is no chargeback fraud with crypto payments.
Strong Security
Crypto payments are considered secure due to blockchain technology. Also, this cryptocurrency payment gateway provides additional security features. Using these features, business owners can monitor and prevent unauthorized access. They also help businesses avoid loss of funds when wallet details are leaked.
Higher Privacy
There is no need for anyone’s personal information to process a crypto transaction. That’s why this crypto payment gateway doesn’t have the KYC process. It lets business owners register themselves without submitting ID proofs. So, business owners can accept payment in crypto anonymously. They don’t have to worry about their privacy when using this platform.
Easy Integration
This cryptocurrency payment gateway also lets non-technical business owners accept crypto payments. It has the following features to connect crypto payments to a website:
Plugins: Available for WordPress, PrestaShop, OpenCart, Laravel, PHP, Magento, and Node.js. Plugin installation files help with easy integration.
- Crypto API: A custom and flexible alternative to plugins. It contains various features with instructions.
- Widgets: A solution to accept crypto payments without coding effort.
- Pricing Widget: A user-friendly solution for multiple pricing plans.
- Presale Widget: A user-friendly solution for ICOs.
- Payment Button: Accept payments or donations from a button-like interface.
- Payment Page: Accept payments or donations from a web page-like interface.
Things to Consider Before Accepting Crypto
- Regulations: Some countries are still updating crypto laws. This can affect international business operations.
- Price Changes: Cryptocurrency prices fluctuate frequently. Business owners have to convert them to fiat or stablecoins to maintain the value.
Conclusion
Cryptocurrency payments are changing business operations. They reduce fees, improve payment speeds, and enhance security. They also offer open access to global customers. A simple payment method can be normalized quickly. CoinRemitter helps businesses get started easily. It offers easy integration, low fees, strong security, and support for major currencies. This allows all types of businesses to join this payment method.
By using this cryptocurrency payment gateway, businesses are following a trend and preparing for the future. You can also start accepting crypto payments to reach a wider audience and enjoy other benefits.
