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How to Accept Bitcoin as Payment?

Shashank shekhar October 7, 2022 3 min read

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Bitcoin is a cryptocurrency, which is being used by people all over the world today. It is being used by people in their businesses to accept payment from customers and some people are considering whether they should do so or not. Through this article, it has been told how all those people can do this. In the same few years, there are many other assets like bitcoin, Ethereum and litecoin which have gained immense popularity as cryptocurrencies which are mainly attributed to the explosion, all these currencies are increasing in value in a big way. If you are wondering about bitcoin trading register to start trade.

Through this article, we have discussed 5 companies that help in accepting payments made by Bitcoin.

Coin Payment

Another longest-running service in the form of crypto payments is what we all know as Coinpayments, it has been helping businesses since the year 2013. Coinpayments operates as two payment processors: the first online platform and the second for personal transactions. Also, Coinpayments supports many cryptos. The company’s plugins work in conjunction with all major e-commerce services, including Shopify, OpenCart, WooCommerce and Magento. It charges fees of up to 0.5%, which is considered a good alternative to digital currencies that can provide more bang for investors.

Paypal

PayPal, which is considered one of the largest companies for online payments globally, recently announced that all merchants can now receive payments in crypto with the help of the consumer PayPal network. Or would be perfectly capable of sending anyone. PayPal is used by over 29 million merchants, which is why the move has become one of the easiest to accept crypto payments. All those customers connected with PayPal Wallet who after installing Bitcoin Cash, Bitcoin, Litecoin and Ether can easily convert them into other fiat currencies like Dollars and Euros whenever they check out via PayPal. There may be. This means that it will not be accepting crypto directly from the merchant, opening the door to using bitcoin or other currencies in small numbers as well as buying services and products.

Bitpay

Atlanta-based Bitpay is one of the larger companies and it accepts cryptocurrencies as a business as well as fully enables them. The company provides a range of tools with which to make it easy to accept crypto as payments, including payment buttons, hosted checkout, QuickBooks, invoicing, and Shopify integration. Online payments are made by customers, in person and by email. Another special feature of BitPay is that it also helps with price fluctuations in your businesses. The company charges a transaction fee of up to 1% on the rate of one transaction as well as allows all customers to settle them in the local currency.

Coinbase Commerce

Coinbase is considered one of the top markets for buying and selling bitcoin and other digital currencies. This includes a commerce product that makes it even easier for businesses to accept digital currencies as a form of payment. The company, on the other hand, has several essential tools that they use to accept payment requirements, including payment buttons, hosted checkout pages, and e-commerce platforms such as WooCommerce and Shopify.  However, unlike many other services, Coinbase Commerce encourages companies to become their bank, to control the assets of the platform company.

GoCoin

GoCoin was established in the year 2013. Cryptocurrency processors that have been in business for a long time now fully help to manage crypto payments. GoCoin offers many services, allowing merchants to accept all currencies such as Bitcoin Cash, EOS, Bitcoin, Dash, Litecoin and Ethereum as payment. There is a 1% transaction fee with GoCoin and this includes e-commerce services such as OpenCart, Magento, OSCommerce, UberCart, Prestashop, ZenCart and WooCommerce and Shopify.

Tags: #bitcoinpayment

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