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What Is Cryptocurrency

What Is Cryptocurrency Payment Gateway

A cryptocurrency payment gateway is a payment processor for digital currencies, similar to the payment processors, gateways, and acquiring bank credit cards use. Cryptocurrency gateways enable you to accept digital payments and recieve fiat currency immediately in exchange.

KEY TAKEAWAYS

Cryptocurrency is beginning to be accepted as payment at many merchants.
Cryptocurrency payment gateways act as transaction facilitators between merchants and customers for processing payments.
If you don't understand or trust cryptocurrency, payment gateways give you the ability to accept them as payment and receive fiat currency in exchange.

Application Scenarios of Cryptocurrency

The easiest way to shop with crypto

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How It Works

How Cryptocurrency Payment Gateway Works

Payment gateways are companies taking on the perceived risk of cryptocurrency payments by using their wallet(s) to facilitate transactions between merchants and their customers.

Payment Flow

1.Your customer opts to make payment in cryptocurrency at checkout (in-store, on the web, or in-app).
2.They pay you an amount equal to the digital currency's fair market value at the time of the transaction.
3.The cryptocurrency payment service instantly converts the payment into the currency you choose.
4.The money is added to your account with the provider; it is deposited to your designated bank account in intervals decided on in your service contract.

Our Advantages

A payment gateway removes the anonymity of who you're dealing with while maintaining your customer's preference for it.
You have someone to contact if there are payment issues.
You can accept payments from anywhere in the world, in any cryptocurrency your provider will take.
You receive the funds in the account with your provider, who transfers them to you.
Reduces volatility risk—the risk of losing value waiting for a transaction to be verified by the cryptocurrency's network—by paying you the market rate for the tokens at the time the transaction was conducted.