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Crypto Payment Gateway Providers

Merchant account and payment gateway solutions specifically dedicated to accept cryptocurrency as a payment method.

Cryptocurrency payment processing is becoming one of the most sort for payment transaction methods in the world today. In simple words, cryptocurrency is a type of digital/virtual money. It can only be spent through online transactions and is favourable due to its highly secure and anonymous technology.

Bitcoin is the most common type of cryptocurrency. It was created by Satoshi Nakamoto in 2009. In 2021, the market cap of Bitcoin has reached a vast one thousand billion dollars. All the cryptocurrency units, including Bitcoin, are generated through the process of mining.

Mining involves the usage of a mathematical computer that generates coins. People who want to use this currency can buy it from brokers and spend the coins using cryptographic wallets.

In order to accept cryptocurrency within your business you will require a merchant account and a payment gateway that can make transactions using this cryptographic digital wallet.

Benefits For Customers Using Crypto

Ever since cryptocurrency came into existence, it has gained more and more popularity. Today, a large proportion of customers are leaning towards buying Bitcoins and other types of cryptocurrency. Here’s why:

  1. It is Highly Secure: Cryptocurrency is based on blockchain technology that makes it uncrackable. The safety and security of cryptocurrency make it popular among people and merchants who make large or regular transactions.
  2. It is Easily Accessible: Due to the decentralized nature, i.e. there is no one controlling power of this currency, which makes it accessible to everyone on the planet. However, merchants and business can select with whom they want to do business.
  3. Anonymous Transactions: Most of the time, cryptocurrency transactions are anonymous, making them even more risk-free.
  4. Investment: Cryptocurrency is a type of digital cash. Being more secure and famous is a significant investment. With the tremendous growth of cryptocurrency, it proves to be a lucrative option for even small investments. People are already purchasing cryptocurrency and hoping for its value to increase. Eventually, making big money after selling more valuable crypto coins.

Why accept crypto currency?

Secure, Accessible and Anonymous.

In the United Kingdom, merchant accounts are available for all types of businesses industries. There are many benefits of accepting cryptocurrency payments. Some of them are listed below:

  • Cryptocurrency transactions cannot be reversed or faked.
  • The risk of frauds involved in cryptocurrency transactions is low.
  • You can avoid chargebacks with cryptocurrency transactions. Cryptocurrency’s decentralised setup protects merchants from chargebacks.
  • The payment transaction fee in the case of cryptocurrency is also low. The absence of a central intermediary reduces transaction fees.
  • The decentralised nature of cryptocurrency allows businesses to expand their operation into the international market. Ultimately, it leads to an increased sales and added revenue.

Frequently Asked Questions

Can I accept other cryptocurrency other than Bitcoin?

Yes ofcourse. Although Bitcoin seems to be the popular choice there are providers that can also allow other forms of cryptocurrency including:

  • Ethereum
  • Ripple
  • Litecoin
  • Cardano
  • XRP
  • much more…

How long can it take to setup a merchant account to accept crypto currency?

We can source your merchant provider in a matter of hours and connect you directly to start your application.

From here it can take anywhere between 2 – 14 days for the application to be vetted by their underwriters and your merchant account to be opened. 

By working with us we can ensure that everything is supplied to the provider to ensure no delays in going back and forth. 

Do I have to pay for you to find a merchant provider?

Absolutely not. Our service is 100% free for our clients. 

We receive a small commission from the merchant provider which is why we can offer this as a free service.

My current merchant provider has stopped my service. Can you help me get back up urgently?

Of course.

Fill out the form to the side and we will urgently process your request while explaining to the provider that we need a quick turnaround to open the merchant account for you.