It's this growth in cryptocurrencies that has changed the way businesses are doing transactions today, spawning crypto payment processing companies that enable merchants to accept these digital currencies for various goods and services. These companies offer a range of advantages including lower fees, faster speed, and higher security.
Although crypto payments are largely on the rise, some companies have placed themselves head and shoulders above others in providing robust solutions for both small and large businesses. Here we shall dive into top crypto payment processing companies across the world, with a bias toward those contributing unique features to the industry.
CoinPayments (Canada): CoinPayment is an international leader that boasts the support of more than 2,300 digital currencies and tokens to businesses requiring vast crypto choices. They offer APIs, mobile POS systems, and other related features, such as crypto conversion, buying, and having an NFT marketplace.
CoinGate (Lithuania): Yet another popular name in this field, CoinGate touts’ usability first as it helps its merchants accept over 50 large cryptocurrencies via APIs and mobile point-of-sale systems. CoinGate, just like CoinPayments, allows conversion, buying, and offers an NFT Marketplace.
BitPay (USA): One of the more established names, they cater to business platforms looking to accept a wide array of different cryptocurrencies in a secure and reliable environment. BitPay also has APIs and mobile POS systems, along with additional features such as crypto conversion and buying, and an NFT marketplace.
Stripe (USA): This is one of the top providers of comprehensive suites in payment processing for online businesses. Innovation, besides partnership with large companies at its core, Stripe goes way beyond crypto services offered in payments, billing, fraud prevention, issuing, and terminal services.
GoUrl.io (Dominica): It is a highly flexible, open-source platform that can be used for several different online payment solutions aimed at various products, downloads, or memberships. This GoUrl.io targets businesses that want a white-label service that's going to be customizable where the verification of identity or opening of bank accounts is not required.
Coinbase Commerce (USA): This is represented by the ultra-popular cryptocurrency exchange Coinbase. Coinbase Commerce empowers businesses to accept a variety of key cryptocurrencies as means of payment. Easy onboarding and integration with top platforms make Coinbase Commerce simpler to quickly start accepting crypto payments.
ALFA coins (Dominica): Similar to GoUrl.io, ALFA coins are an open source for making online cryptocurrency transactions. Multiple payment solutions are given with white-label services, that don't require verification of identities or opening bank accounts.
CoinsBank (Canada): It renders end-to-end blockchain services comprising wallets, cards, exchanges, and merchant backing on many cryptocurrencies. CoinsBank reinforces means of safety, fraud prevention, and sales worldwide.
TripleA (Singapore): It is business needs-oriented and offers a white-label crypto payment gateway solution. On the platform TripleA, enterprises can smooth out crypto payments and disbursements without the need for businesses to host the currencies themselves. They provide API integration, instant confirmation, and real-time fiat conversion.
SpicePay (UK): While currently an open-source project, SpicePay targets businesses seeking a safe, private solution to accept a variety of cryptocurrencies. Online retail, e-commerce, and billing, donation tools with enhanced security through BitGo technology.