If you are an entrepreneur or crypto startup, wish to do everything fast? Then the crypto business is suitable for you. Bitcoin is the world’s most valuable digital currency that witnessed a speed of 9000 transactions per second on a scaling test network in 2021. Hence crypto entrepreneurs and startups are interested to commence crypto payment gateway development.
A Crypto payment gateway is an online payment processing system that executes transactions in various digital currencies. Hence crypto payment gateway assists in faster transfer of Bitcoin, Ethereum, Dogecoin, etc. Users will get real-time information about their balance, pending transactions, and previous payment history. By using a crypto payment gateway single and multiple transactions are executed with ease.
What are the types of crypto payment gateway?
1. Single cryptocurrency payment gateway
The single crypto payment gateways accept only one kind of digital currency like Bitcoin or Ethereum. Hence, users can easily manage their funds invested in a specific cryptocurrency. The single crypto payment gateway also protects against fluctuations as their money is not held in different digital assets. So It minimizes the total risk.
2. Multi cryptocurrency payment gateway
In a multi-crypto payment gateway, users can process their transactions in any cryptos on such payment processors. For example, CoinGate is a popular blockchain-based crypto payment gateway. It accepts the transactions processed via Bitcoin, Ethereum, Litecoin, Nano, and Ripple. In coin gate platforms, users can get such benefits as flexible usage of multi cryptocurrencies, privacy protection, cold storage facilities, etc. Then we will see the benefits of developing a crypto payment gateway.
Benefits of crypto payment gateway development
- Instant transactions with topmost security.
- You can generate revenue from transaction fees and alliances with payment partner banks and UPIs.
- You can earn revenue by allowing third parties to post their advertisement on your platform.
- Effective customer-based relations.
- Quicker uptime process.
- The features obtained from development attract more users to your payment gateway business.
- Multiple devices supporting POS systems.
- Users can Withdraw the money 24/7.
- There is no chargeback for fraudulent activities.
- International payments and cross-border transactions.
- Completely secured with blockchain technology.
- You can monetize your payment gateway from Google Adsense.
I believe you got an idea of how crypto payment gateway development will be suitable for entrepreneurs and startups.
If you have a plan to develop a crypto payment gateway then connecting with the best and leading development firm is highly advisable. From my market study in recent days, I found one of the professional crypto payment gateway development company They will assist you to develop a cryptocurrency payment gateway as per your business needs within a few months at a reasonable cost.
Also, you can talk to their business experts directly via
Whatsapp / Telegram @ +91 77085 29089