Bitcoin Payment Processor
Bitcoin Payment Processors: Accepting payment in Bitcoin has a wide range of benefits for both online retailers and good old fashioned bricks and mortar businesses.
Of course the 'decentralized' nature of Bitcoin means that anyone can start accepting payments using this innovative new system, without needing to have an account with a third party provider. But for many businesses it is simply easier, cheaper, and more secure to pay a small fee to a professional payment processor.
One of the most popular services provided by these payment processors is the instant conversion of Bitcoin (BTC) to your local fiat currency (like USD for example). This is important for many businesses because most businesses which accept Bitcoin payments still have to pay all of their own costs and buy stock using fiat money, so changes in the exchange rate between Bitcoin and the businesses local currency could lead to losses if the BTC accepted as payment is not instantly converted into fiat.
Payment processors also provide you with all of the tools and reports that you need to make accepting Bitcoin payments as simple and convenient as possible without you having to develop your own software solution.
CoinPayments: It is the first and largest payment proccesor of over 50 criptocurrencies.
Over 69,500 vendors across 182 different countries.
It's pretty easy - creating an account is free and you'll only be charged when transactions are being made. There's a low 0.5% flat fee on all transactions going in and out of the platform.This is a lot lower than the fees perceived by similar services. There are no other fees associated with CoinPayments.net, aside from the aforementioned flat fee.
They provide you with all the tools needed to securely, easily and without any hassle implement their payment method on any website. Once the payment is reached for, the user will be directed to their website where they'll need to confirm payment, depending on what coins they are using.What's more - everything is encrypted thoroughly, so there's no security risk whatsoever. This is very important in today's day and age, especially when it comes to cryptocoins which themselves are a way to protect a user's identity.
Once you have everything set up, there's really nothing you need to worry more about than just promoting your goods and services. Thing is, by implementing the system offered by CoinPayments.net, you'll open your business up to a whole new marketplace where interested parties will swarm to, knowing they can use Bitcoins and other similar coins or tokens to make purchases.
The website offers a lot of information, such as details about fees associated with each coin in particular and a nice store directory, where you can find the stores that trade and accept cryptocoins. Each listing also offers details on exactly which coins are accepted.What's more, you can directly navigate to that specific store directly from the CoinPayments.net website.
Their button maker is really intuitive, allowing you to customize your own website button for cryptocoin purchases as you see fit. It's really easy to use and it's free.
Once you're happy with it, you can easily implement it on your website and start selling products and services with cryptocoins, along with regular currency.
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