A cryptocurrency payment gateway can be interpreted as a dynamic payment processing online platform using which merchants and vendors can accept payments in the form of digital currencies. In the case of users, a crypto payment gateway enables direct payment from their digital wallet to another without risking the security factor. These payment gateways also take up the responsibility to transfer the sender’s wallet-oriented data to the merchant.
Development ways of crypto payment gateway
A cryptocurrency payment gateway development, in general, has been executed in two very common methods. They are developing a crypto payment gateway from scratch and developing a payment gateway using white label solutions. These are the two distinctive methods using which a crypto payment gateway is built. Just like any other business, developing a crypto payment gateway also has its own merits and demerits.
Developing a cryptocurrency payment gateway from scratch would require you to do all the hardships by yourself. This includes every single aspect of creating a payment gateway right from designing the outline to finishing up troubleshooting. On the other hand, if you go ahead and proceed with cryptocurrency payment gateway development using a white label solution, then you can get your own payment gateway up and running in a short period of time. By going with a white label solution, you can also make the necessary customizations as per your business requirements.
Considering the above-mentioned two methods, you can opt for developing a crypto payment gateway from scratch if you are backed up with strong financial capital and equipped with the necessary technical knowledge. Having said that, if you are new to the business and wish to create a payment gateway without any professional software skills, then a white label solution would be the idle choice. Apart from the time consumption, there are several other features that come with cryptocurrency payment gateway development.
Features of crypto payment gateway development
It doesn’t matter what type of customizations you make to your cryptocurrency payment gateway development, the salient features that are present in the platform will play a crucial role in its success. In that regard, let me list out the various features of cryptocurrency payment gateway development. They are:
- Sign-up and Sign-in for users.
- Internal Security aspects
- Know-your-customer(KYC) verification
- User as well as admin dashboard
- Crypto wallet integration
- Withdrawal and deposit history
- Multiple merchant tools
- Commission settings
- External security settings
- Content management system
The above-mentioned features are some of the important selling points of cryptocurrency payment gateway development. If you wish to have a successful running crypto payment gateway, then enabling these features will be crucial for the long run.
Nowadays many crypto payment gateway development companies are available in the crypto market. But only a few provide 100% secured and bug-free software. From my market analysis in recent days, I found one of the leading crypto payment gateway development companies “Zab technologies”. They develop your finest crypto payment gateway platform with well-experienced professionals at an affordable cost.
You can talk to their business experts directly via
Whatsapp / Telegram @ +91 77085 29089