Zypto Pay is our best rated cryptocurrency payment gateway
Accept all cryptocurrencies for the lowest fee of 0.5%
Menu
Best Crypto Payment service providers
Streamline your payments with the right crypto payment gateway
Top 3 reviewed crypto payment gateways
Whether you’re a business owner looking to streamline your payment processes or a consumer seeking convenient ways to transact with cryptocurrencies, we’ve got you covered. Our top-rated crypto payment service providers offer a range of features designed to meet your specific needs. From low transaction fees to extensive currency acceptance and robust integration options, these platforms are paving the way for seamless crypto transactions.
#2
Coingate
Rating: 8.5
4.2/5
- 1% transaction fee
- Accepts 70+ currencies
- Volatility protection
- Point of sale integration
- Crypto invoices
- Good review scores
#1 - Top rated
Zypto Pay
Rating: 8.9
4.5/5
- 0.5% - 1.5% transaction fee
- Accepts 80+ currencies
- Volatility protection
- Point of sale integration
- Crypto invoices
- Good review scores
#3
NOWPayments
Rating: 8.5
4.3/5
- ~1% transaction fee
- Accepts 160+ currencies
- Volatility protection
- Point of sale integration
- Crypto invoices
- Good review scores
Lower rated gateways
CoinPayments
CoinPayments is used by over 100.000 merchants due to the low fees and huge amount of accepted cryptocurrencies.
- 0.5 - 1% transaction fee
- Over 130 cryptocurrencies are accepted
- Requires a full KYC
- Bad review (2.5/5) scores, mainly due to refund/KYC issues
RATING: 8.4
4.2/5
Coinbase Commerce
The crypto payment gateway provided by the trusted Coinbase exchange, enables businesses to accept 13+ cryptocurrencies as payment.
- Free and easy integration
- Flat and competitive fee of 1%
- Limited amount of accepted cryptocurrencies
- Rated 1.5 out of 5 based on 8000+ reviews
RATING: 7.6
3.8/5
Crypto.com Pay
Accept over 30 cryptocurrencies from crypto.com users that have the crypto.com app installed.
- Accepts 30+ currencies
- No transaction fees
- Only for Crypto.com users
- 0,5% in settlement and 1% in payout fees
RATING: 7.5
3.8/5
Zypto Pay is our best rated cryptocurrency payment processor
Accept all cryptocurrencies for the lowest fee of 0.5%
What is a crypto payment gateway?
A cryptocurrency payment gateway is a way for merchants to accept crypto payments on their website. By integrating a crypto payment gateway into their online store or point of sale system, merchants can easily and securely process crypto transactions from their customers. Cryptocurrency payment service providers (PSPs) offer a range of services, including the ability to accept multiple cryptocurrencies, automatic conversion of crypto to fiat currency, and fraud protection. There are numerous crypto payment gateways available, each with its own unique features and supported currencies. Some gateways only accept a single cryptocurrency, while others support over a hundred different crypto options. Choosing the right crypto payment gateway for your business depends on your specific needs and the types of crypto payments you wish to accept.
Why should you accept crypto payments?
Millions of users
There are over 300 million worldwide crypto users, accounting for almost 3 trillion in total value in 2021. Crypto payments are already accounting for over 6 billion dollars in daily transaction volume. It should be apparent that this is a large opportunity for merchants to generate extra income and new customers against better fees and conditions.
Low fees
One major advantage of accepting cryptocurrency payments is the low fees. Cryptocurrency payment fees are typically much lower than traditional payment providers, such as PayPal, Visa, and Stripe. While traditional payment providers charge fees of 1.4% to 3.6%, crypto payment fees range from 0.5% to 1%. This can be a significant cost savings for merchants, especially for businesses with a high volume of transactions.
Real time payment processing
In addition to low fees, cryptocurrency payments offer convenient advantages for merchants. Many crypto payment gateways provide real-time payment processing, so merchants don’t have to wait for their revenue. Cryptocurrency payments are also not subject to chargebacks, providing an additional layer of security for merchants.
International transactions
International transactions are also easier and more cost-effective with cryptocurrency. Cryptocurrencies are not subject to the same exchange rates and fees as traditional fiat currencies, making it easier and more cost-effective for merchants to do business with customers in other countries.
Attract new customers
Another key benefit of accepting cryptocurrency payments is the potential to attract a new customer base. As the use of cryptocurrencies becomes more widespread, there will be a growing number of consumers looking to pay with crypto. By adding it as a payment option, merchants can tap into this market and potentially attract new customers who prefer to pay with cryptocurrency.
Reduce risk of fraud
Accepting cryptocurrency payments can also help merchants reduce their risk of fraud. Cryptocurrencies are decentralized and use blockchain technology to provide secure and transparent transactions. This can help reduce the risk of fraudulent chargebacks and other types of payment fraud.
Media attention
Finally, merchants who accept cryptocurrency payments can take advantage of the positive media attention and perceived innovation that comes with being an early adopter of this payment method. By embracing cryptocurrency payments, merchants can position themselves as forward-thinking and ahead of the curve.
Due to these positive aspects of accepting crypto, research of Deloitte has found that over 87% of top U.S. merchants think crypto payments will give them a competitive advantage. Moreover, 85% of merchants expect that crypto payments will soon be ever-present and integrated by most companies.
Woldwide crypto owners
0
million+
Lower transaction fees
0
%
In daily crypto transactions
$
0
billion+
How does it work?
Most cryptocurrency payment gateways do no work much different than a normal bank transfer. During the checkout process, customers are presented with
• A selection menu to choose their preferred cryptocurrency
• The amount that has to be paid
• The wallet address to which the crypto has to be sent
• A QR code which contains the wallet address mentioned above and the amount that has to be paid for convenience
After the payment has been sent, the cryptocurrency payment service provider will confirm the payment and inform the merchant that the transaction is complete. This process is typically automated and occurs in real-time, allowing merchants to access their revenue immediately.
Some crypto payment gateway providers have implemented another solution in which the customer can connect their crypto wallet to their system on the checkout page. This allows the payment service provider to access the customer’s wallet and execute the transaction on their behalf, which can be convenient but may pose potential security risks, as you can read in our safety blog.
How to choose a crypto payment service provider?
There are numerous cryptocurrency payment gateways available, each with its own unique features and supported currencies. Some crypto payment gateways only accept a single cryptocurrency, while others support a wide range of options. Gateways with almost no transaction fees and gateways that are rather expensive. We have thoroughly reviewed each cryptocurrency payment gateway, taking into account their most important pros and cons to help you make an informed decision. In our reviews, we evaluate each gateway, amongst others, based on the following criteria:
- Transaction fees and other fees: It’s important to consider the fees associated with each payment gateway, as these can vary significantly. Some gateways have very low fees, while others may be more expensive.
- Number of accepted cryptocurrencies: Depending on your business and your customers, you may want a payment gateway that supports a wide range of cryptocurrencies or one that only accepts a few. To determine the best crypto for payments, check out our blog for recommendations on which ones to accept.
- Safety: Security is a key concern when it comes to cryptocurrency payments, so it’s important to choose a payment gateway that has strong security measures in place.
- Ease of implementation: Some payment gateways may be easier to integrate into your business than others. Consider the level of technical expertise required to set up and use the gateway.
- Level of customer support: If you have any questions or issues with your payment gateway, it’s important to have access to reliable customer support.
- When payments are received by the merchant: Some payment gateways provide real-time payment processing, while others may have a delay before payments are received by the merchant.
- Extra functionalities: Some payment gateways offer additional features such as offline payment options, invoicing, or donation widgets. Consider whether any of these features are important to your business.
Frequently asked questions
One potential drawback of using cryptocurrencies for payments is their volatility, as their value can fluctuate significantly over time. To mitigate this risk, some cryptocurrency payment gateways have implemented a feature that allows merchants to automatically convert volatile cryptocurrencies into fiat currency or stablecoins. This can help protect merchants from the volatility of the crypto market, as they are able to receive a stable value for their transactions.
This feature can be especially useful for merchants who are concerned about the short-term fluctuations in the value of cryptocurrencies. By converting crypto to fiat or stablecoins, merchants can ensure that they are receiving a stable value for their goods and services, regardless of the current market conditions. Therefore, providing merchants with a greater level of stability and predictability when accepting crypto payments.
Yes, cryptocurrency payment gateways are deemed to be really safe. However, this is regarding the payment gateways that use manual transfers, in which the customer has to manually transfer the funds using either a QR code or copying the wallet address. The wallet connection checkout option is considered unsafe. Get in-depth information regarding crypto payment gateway safety in our blog.
Alternatives
Coingate
Rating: 8.5
Coingate is a Lithuanian-based fintech company established in 2014 that has processed over 2.5 million crypto transactions so far.
NOWPayments
Rating: 8.5
NOWPayments accepts over 160 cryptocurrencies, which is the highest amount among payment gateways, and offers competitive fees.
CoinPayments
Rating: 8.4
CoinPayments is used by over 100.000 merchants due to the low fees and huge amount of accepted cryptocurrencies.
We reviewed all Crypto payment gateways, so you can make a well-informed decision
