Crypto Payment Processor

A crypto payment gateway, such as CryptoProcessing, is a payment processor for cryptocurrencies that allows businesses to accept digital assets and convert them into fiat currencies.

A crypto-to-fiat payment gateway is a system that allows converting cryptocurrencies like Bitcoin into conventional fiat currencies, including USD and EUR. Such systems allow businesses to offer more payment options to their customers without having to deal with the complexities of holding and exchanging cryptocurrencies themselves: crypto is automatically converted into fiat using the most favourable exchange rates and deposited into the merchant’s bank account.

CryptoProcessing allows merchants to accept crypto payments via a crypto payment gateway, convert crypto into fiat, and withdraw it to a bank account. This is a safer and easier option when it comes to accounting and taxation.

A crypto payment gateway allows merchants to accept crypto payments from customers. The process is simple: the customer initiates a payment using their crypto wallet, and the gateway processes the transaction. The merchant’s account receives the payment in crypto or a stablecoin, depending on their preference.

Most payment processors, like CryptoProcessing, offer automatic conversion into fiat currencies such as USD or EUR, reducing the impact of crypto volatility. Businesses can then withdraw these funds directly to their bank accounts in fiat currency.

Yes, crypto payments are legal in many countries, but regulations differ depending on the region. It’s important to check local laws and compliance requirements before integrating crypto payments.

Security is another key advantage: blockchain technology ensures that crypto transactions are highly secure, using encryption to protect data. Platforms like CryptoProcessing also implement additional layers of security to prevent fraud and data breaches, such as blockchain risk-scoring systems and cold storage.

A cryptocurrency payment gateway offers several benefits for businesses. First, it reduces transaction fees compared to traditional payment methods, saving merchants money. Second, if a cross-border payment can take days to be processed by a bank, crypto transactions are usually settled within minutes, giving businesses faster access to funds.

Crypto payment gateways also allow merchants to accept payments from customers worldwide, opening up new markets, attracting new audiences and boosting customer satisfaction for businesses. Lastly, using a gateway reduces the risk of chargebacks, as crypto transactions are final and irreversible.

If you choose a reliable and user-friendly payment processor, the process is straightforward. Let’s use CryptoProcessing as an example of how integrating crypto can look like.

To get started, submit a request on our website. Within 5 minutes, our manager will reach out to you via email to arrange a meeting. During the meeting, they will explain how the system works and answer any questions you have. Based on your business model and payment requirements, we’ll create a customised offer for you.

Once you provide the necessary KYB documents, we’ll sign the agreement and assign a personal manager to help guide you through the integration process. After everything is set up, you can begin accepting cryptocurrency payments from your customers.

CryptoProcessing supports a range of 20 top cryptocurrencies to meet the needs of various businesses. Major coins like Bitcoin, Litecoin, and USDC are among the most commonly accepted.

The platform also provides options to convert these cryptocurrencies into 40 local fiat currencies such as USD, EUR, etc., giving merchants the flexibility to handle crypto payments while minimising their exposure to market fluctuations.

CryptoProcessing only charges a transaction fee of <1.5%, with reduced rates available for large volumes. The integration process, however, is 100% free. We also don’t have any hidden costs or monthly fees, ensuring transparency and reliability for our merchants.

While CryptoProcessing has no maximum limits for top ups and withdrawals, there are minimum limits in place. You can view the specific minimum deposit and withdrawal limits on the next page: Confirmations and Limits.

CryptoProcessing is brought to you by CoinsPaid, a trusted name in cryptocurrency processing with a suite of products for businesses. CryptoProcessing reflects CoinsPaid’s focus on security, transparency, and a customer-first approach.