CoinPayments logo CoinPayments crypto merchant

CoinPayments

Supported Coins: BTC, ETH, BAT, and over 1800 other coins!

Fees: .50% for incoming payments, deposits, and transfers

CoinPayments has become one of the most used and trusted names in crypto merchants, having served customers since 2013 they now support over 1,000 coins and give businesses and individuals the ability to integrate into many common shopping carts with including Shopify, Magento, and many others. CoinPayments offers very low fees of only .5% for accepting payments which is much lower than the 2-6% the traditional card payment processors charge. You also have the option to instantly convert payments into fiat if you do not wish to hold crypto.

Blockonomics logo Blockonomics crypto merchant

Blockonomics

Supported Coins: BTC and BCH

Fees: 1% for incoming payments

Blockonomics is a noncustodial, decentralized, and permissionless bitcoin payment solution. There is no documentation required in order to set up the payment gateway for your website, simply install the client and you can begin sending invoices to your customers. You can also set the expiration time for your invoices in order to protect yourself from volatility, then receive your funds directly to your wallet. If you want a crypto payment solution without any central authority between you and the buyer, then Blockonomics is for you.

Shopify logo Shopify crypto merchant

Shopify

Supported Crypto Merchants: CoinPayments, Coinbase Commerce, BitPay, GoCoin

Shopify is one of the most popular web development platform that makes creating e-commerce websites super easy and fast with a drag and drop interface and hundreds of plugins available. Shopify gives users the ability to accept traditional payment methods, but also the ability to accept bitcoin and altcoins, they are very crypto friendly and have struck partnerships with many crypto merchants in order to accommodate all types of businesses. Shopify also provides top-notch customer service if you ever get stuck trying to develop the next great website with many on-site developers ready to code whatever you need.

+ What is a crypto merchant?

A crypto merchant, or crypto payment gateway, is a software client that provides ways for a business or website to accept bitcoin and other cryptocurrencies as payment for their products or services.

+ Why should a business accept crypto?

Accepting bitcoin and altcoins as payment provides many benefits such as very low fees, zero chargebacks, and easy international accomodations. By accepting crypto you can also gain new customers who would prefer to pay with their favorite coin instead of using fait money, either for ease of access or for a discreet transaction.

+ Key points when choosing a crypto merchant

  • Payment and withdrawal fees
  • Tax implications for accepting and converting crypto
  • Which coins can be accepted
  • Popular Ecommerce plugin integrations