Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Phonometer on November 25, 2022, 11:00:01 AM
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So, I have been in search of some of the easiest methods to accept crypto payments as an ecommerce merchant. I started off with sharing my wallet address with clients who were interested in making payments in crypto. But now as my client base has increased, keeping track of the payments has become difficult. I have more customers who are willing to pay in cryptocurrencies. So, I decided to search for an alternative way and came across these two methods that I have mentioned below and the payment gateways that I found reliable:
API integration
This is one of the easiest methods to accept crypto payments as a business. You can easily integrate the crypto payment gateway to your website and clients will be able to make payments using that gateway. I will also mention some of the low fees merchant account service providers who provide API integration solutions to their users to accept crypto payments on their business website.
CapitalWallet
Regulated and registered with FIU
Lower fees of just 0.5% per transactions
Lets you secure your wallet with multiple signatures and 2-FA
Coingate
Secure and easy API integration
Only 1% fees per transaction
Also provide Plugins and payment buttons
Plugins and payment buttons
Plugins and payment buttons are also an option you can consider for accepting crypto payments. Some of the popular gateways that provide installable plugins and payment buttons are listed below.
Cryptopay - 1% fees (also provide API integration)
Coinspaid - 0.8% fees
Spicepay- 1% fees
So, these are the two methods that I found the best and easiest but I am open to know about more methods that can be used to accept crypto payments.
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I am also interested in offering crypto payments to my customers but I don't have any technical knowledge that may be required to integrate a crypto payment gateway. I have a small business so I can't even afford to hire a developer. Maybe I should wait and let my business grow.
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I am also interested in knowing methods of integrating cryptocurrencies into my payment options. Unfortunately crypto integration by banks is banned in my country, so what options amongst these bypasses traditional banking payment?
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I am also interested in knowing methods of integrating cryptocurrencies into my payment options. Unfortunately crypto integration by banks is banned in my country, so what options amongst these bypasses traditional banking payment?
In a country where the usual institutions can be banned working and doing business with cryptocurrency, it can so hard if not difficult for a business to be accepting crypto-based payments. So there can be no choice for small entrepreneurs to just wait when there will be easing of regulations and when there can be an approved outfit to be servicing this need. In other words, there is nothing you can do but maybe be a part of a lobbying group to push for the government or those in power to change their stance on crypto...or maybe you can do a peer-to-peer kind of thing.
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I am also interested in offering crypto payments to my customers but I don't have any technical knowledge that may be required to integrate a crypto payment gateway. I have a small business so I can't even afford to hire a developer. Maybe I should wait and let my business grow.
You can visit this link https://mobile.twitter.com/ivendpay and see how it works.
many crypto coins have been registered at Ivendpay, you can buy tools to make payment transactions using crypto, this is almost the same as pundiX. if you look at the project in 2017
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Which payment method is suitable for you depends upon your business. If you have an online shop then integration of api or installing add-ons would be great but for a retail shop, I think the best is to generate QR codes.
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I am also interested in knowing methods of integrating cryptocurrencies into my payment options. Unfortunately crypto integration by banks is banned in my country, so what options amongst these bypasses traditional banking payment?
Which country are you residing in?
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@HubertHodge Integrating APIs might sound like a complicated process but in reality it’s not. The APIs offered by a few crypto payment processors like capitalwallet, coingate and coinpayments are readymade, so you don’t need a developer to write the code or something. You just need to generate the api key and connect it to your checkout system. It’s quite simple and I’m sure whichever payment gateway you plan to use their team will help you in the integration process. Similarly, the plugins and payment buttons don't require any technical expertise. You can do it on your own.
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Which payment method is suitable for you depends upon your business. If you have an online shop then integration of api or installing add-ons would be great but for a retail shop, I think the best is to generate QR codes.
When using QR Code-based payments it is very good because it makes it easier to make transactions, but in my opinion you should still provide payments using traditional methods using fiat currency because using QR Codes only provides an alternative payment.
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Making payments using crypto can be done by means of P2P. there are many ways that can be done even the lightning network speeds up Bitcoin transactions with just a QR scan and at a low cost.
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Cryptocurrency is relatively new and not well-regulated, criminals are always looking to take advantage of crypto gamers via hacks and scams. Just because a game’s underlying blockchain is secure doesn’t mean its engine or marketplace is secure. Digital wallets that store crypto gaming tokens can also be hacked or mishandled.
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Cryptocurrency is relatively new and not well-regulated, criminals are always looking to take advantage of crypto gamers via hacks and scams. Just because a game’s underlying blockchain is secure doesn’t mean its engine or marketplace is secure. Digital wallets that store crypto gaming tokens can also be hacked or mishandled.
People on both sides are trying their best, and in their tug of war, common people like you and me are the real beneficiaries. Digital wallets can be hacked or mishandled, agreed, but so are the banks. Layered security along with some commonsense is the need of the hour.
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The problem now is not that the cryptocurrency can be hacked from our wallets, but how stable it will be in the future. It will be possible in the future to pay for goods with the conversion of any cryptocurrency.
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The problem now is not that the cryptocurrency can be hacked from our wallets, but how stable it will be in the future. It will be possible in the future to pay for goods with the conversion of any cryptocurrency.
As it is still a novelty, issues are bound to arise, but I think we should give it more time. Can’t go back to old methods now. Crypto is a reality and for that, we need solid wallets.
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Crypto will end soon, take out all your money before it happens.
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Would you mind explaining how the CapitalWallet can be secured using multiple signatures and how it is helpful for beginners? Are there other wallets too that offer this feature?
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:)
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another post without any specifics