How to Accept Bitcoin Payments at Your Business During the past few years, the cryptocurrency market has exploded in popularity, with digital assets like Bitcoin, Litecoin, Polkadot, and Ethereum growing substantially. It comes as no surprise then that many large corporations, including Tesla, Microsoft, Twitch, Starbucks, and PayPal, all accept payments for their goods and services with cryptocurrency in 2021. Smaller businesses looking to make the most of the crypto craze can also accept digital currencies as payment with the help of online payment processors. Most take about 1% as the transaction fees, which is less than most credit card terms. Here are six companies that can help you accept digital currencies as payment seamlessly.
1. BitPay
The Atlanta-based company, BitPay offers various tools that make it easier to accept payments via crypto. Top features include payment buttons, hosted checkout, invoicing capabilities, and easy integration with QuickBooks and Shopify. Bit Pay protects businesses from Bitcoin fluctuations to a certain degree and allows customers to make payments online, in-store, and via email.
2. CoinBase Commerce
CoinBase is better known as the top marketplaces for buying and selling crypto. However, it also offers CoinBase Commerce that allows businesses to easily accept cryptocurrency payments with tools such as hosted checkout pages, invoicing capabilities, payment buttons, and integration with Shopify and WooCommerce. The differentiating factor is that CoinBase offers businesses granular control of assets so they can essential “act as their own bank.”
4. PayPal
PayPal is an established payment platform with global consumers and 29 million merchants on board. The company has recently announced that PayPal users will also be able to make payments using crypto. Although merchants won’t be able to accept Bitcoin payments directly, PayPal will convert payments made in cryptocurrencies such as Bitcoin into fiat currencies such as euros and dollars. Related: Visa and Paypal Invest in Crypto-Focused Blockchain
4. CoinPayments
As one of the longest-running cryptocurrency payment solutions, CoinPayments is one of the most widely used solutions that integrates with nearly every major e-commerce service such as Shopify, Magento, WooCommerce, and OpenCart. It works for both online and in-person transactions and has a processing fee of just 0.5%. Are you interested in learning more about cryptocurrencies and their applications? Urban Crypto is the premier beginner’s site for crypto news and industry info. We bring you all the latest updates in the crypto world, along with product reviews, mining information, and binance for beginners. Subscribe today to follow Crypto and Bitcoin updates for beginners, or check out our Ledger Crypto Starter Pack. View this post here {link}