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Best Cryptocurrency Payment Gateway for 2023: Here’s the Top 10 Trending List


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Cryptos have always been seen as an alternative financial system, and most people consider coins and tokens as trading commodities. Many people still don’t believe that crypto could replace mainstream currencies or fiats because they still feel that crypto is still not accessible enough that it can buy them everyday products and services. While many people feel that it’s due to the volatility, many still need more payment gateways to use their crypto coins and tokens. 

Hence, a lot of businesses still need to be made aware of the gateway mechanisms that allow them an option to receive payments in cryptos from their customers. Hence here is the list of leading payment gateways that businesses can select and be crypto-ready in 2023

CoinGate is a super powerful and popular cryptocurrency payment gateway that provides a seamless customer-oriented checkout ecosystem for cryptocurrency payment. Besides crypto coins and tokens, merchants can accept traditional fiat payments like USD, Euro, etc. Coingate, as a payment platform, supports more than 70 cryptocurrencies, which include top names like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple. CoinGate stores most cryptocurrencies in secure Cold wallets on the back end, charging a 1% transaction fee on all transactions. Merchants must integrate Coingate into their websites through an application programming interface (API) and plugin for selected eCommerce platforms, including WooCommerce and Magento. They can withdraw the fund using Bitcoin or SEPA. It’s also possible to send CoinGate-generated invoices via email or link.

Coming from the house of one of the largest cryptocurrency exchanges, Coinbase offers crypto payment gateway services through Coinbase Commerce. This superfast gateway allows merchants to receive payments securely without relying on any middleman. The user can access this platform from over 100 countries and accepts payment from various crypto and non-crypto methods, including bank accounts, deposits, debit cards, credit cards, PayPal, and 3D Secure Credit Cards. A point to remember here is that Coinbase considers the jurisdiction from which the platform is logged in and allows only those payment options that are permitted or supported in the country. Coinbase commerce is one of the best partners for online shops looking for a reliable solution for crypto payment. Coinbase also offers integrated services for leading website solutions like Shopify, WooCommerce, Magento, and OpenCart. It supports cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dogecoin, USD Coin, and DAI. The merchant can opt for any of the two Coinbase Commerce plans based on the services they are looking for. This is a fixed 1% transaction fee on both plans.

One of the first and oldest gateways for crypto payment, BitPay, helps merchants reach an international audience while providing them with top security and protecting them from any hacks and fraud. It also offers an open-source eCommerce plugin. BitPay’s API-based interactive platform allows global access in supports more than 40 languages making it a truly global platform. Top global businesses, including Amazon, Master Card, Delta, and Bol.com, currently trust BitPay. As an early player, Bitpay supports top cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, and Binance Coin. For payout, the merchant can choose from Bitcoin, Bitcoin Cash, USD Coin, Gemini Dollars, and Paxos, along with fiat currencies such as USD, EUR, GBP, and many more. Bitpay’s payment gateway supports payouts, retail payments, and billing. For retail payments, BitPay also uses a QR code invoicing system. Every transaction on this platform will cost you a 1% charge.

AlfaCoins envisions making cryptocurrency payments easy and safe for legal business entities across the globe. It instantly converts incoming payments, giving the user competitive cryptocurrency exchange rates. Merchants have the option of either paying the 0.99% charge on every completed transaction, or they can pass it on to the customer. The platform has an auto-withdrawal feature that transfers the cryptocurrency to the merchant’s wallet without extra fees. Alfacoins supports nearly all major cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Litecoin, Ethereum, Tether ERC-20, and XRP. For withdrawal, it supports fiat currencies like USD and EUR. Merchants can use AlfaCoins for easy payments and fund transfers in any country except Iran and North Korea. They can also integrate it into their commerce websites using API, instant payment notification (IPN), payment buttons, and plugins.

When it comes to accepting payments on commerce websites, Shopify Gateway is a globally trusted platform, especially when it comes to cryptos. Besides supporting many e-commerce websites, Shopify has a user-friendly interface that accepts crypto payments from anywhere in a fully-secured manner. The platform supports nearly all major cryptocurrencies, including Bitcoin, Bitcoin Cash, DAI, Ethereum, Litecoin, and Dogecoin. Moreover, it does not need PCI compliance and is compatible with computers, tablets, and smartphones. However, the merchant will need a Shopify account to access the Shopify gateway. Depending on the payment processor the merchant uses, the transaction charge of this platform will differ.

GoURL is an open-source payment gateway that accepts crypto coins and tokens that successfully protects and provides anonymity to its users. Though it does not support direct bank transfers, it completes the complete payment transaction in 30 minutes without the user having to wait. Even if the merchant doesn’t own an e-commerce website, it can still receive cryptocurrency payments using the platform Monetiser Online service. However, they are expensive on costing as the merchant has to pay 3.5% transaction charge, while for payments through Bitcoin or altcoins on a website, GoURL will charge a fee of 1.5%. Using its Bitcoin Payments Plugin, the merchant has an option for it with its WordPress sites. Registering on this platform is available free of cost, and any Speedcoin payment will not incur any fee.

If the merchant is looking for a payment gateway that will reduce the transaction costs of their business, NOWPayments is the perfect go-to option. Especially if the merchant is ready for settlement in the same cryptocurrency, it’ll let them do that with one of the lowest charges. However, payment in other currencies using NOWPayments does come with additional fees. NowPayments platform comes with a convenient API and various plugins that the merchant can use to integrate it with some of the best names in the eCommerce industry, which includes Shopify, Magento, WooCommerce, and OpenCart. NowPayments is a completely noncustodial and easy-to-use gateway solution. It supports over 100 cryptocurrencies and converts cryptocurrencies into fiat currencies. The supported cryptocurrencies and tokens include Bitcoin, Ethereum, Ripple, Litecoin, and Dogecoin, amongst others.

SpicePay is a cryptocurrency gateway that merchants can trust for instant and secure crypto payments using Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. It gives merchants the power to accept crypto and offers them various withdrawal modes like debit cards, bank transfers, SEPA, and PayPal. The platform lets the merchant convert the cryptocurrencies to USD, EUR, GBP, or CAD. The standard flat charge of SpicePay is 1% of the transaction, though new merchants enjoy free transactions for a limited period. The platform also allows users its open-source plugins or other solutions like buttons, iFrame, hosted page, and email invoices, which can easily integrate into the merchant’s website.

Developers love GoCoin around the globe as the payment gateway. This is because it offers a straightforward API for them to use. GoCoin provides a variety of plugins so that it can be used on several online shopping platforms, including the likes of Shopify. This cryptocurrency payment gateway also comes with excellent customer service. It offers payouts in USD and charges a flat 1% fee on all transactions. It is supported in all but a handful of countries around the world, making it an accessible option for merchants everywhere.

Merchants like Bitcoin Pay because they offer the lowest charges. It is just 0.8% on all transactions, making it one of the least expensive payment gateway. Despite having lower fees, BitcoinPay still offers super-fast withdrawals where funds are received and available in seconds. It supports payments to bitcoin wallets and other e-wallets along with bank accounts. As an added service, BitcoinPay offers prominent reports that help merchants review completed transactions quickly. This function is very well welcomed by small business owners who have to check transactions manually. BitcoinPay currently offers plugins for Magento, WooCommerce, OpenCart, PrestaShop, and several other shopping platforms.

While using a cryptocurrency payment gateway isn’t an absolute necessity, it does help by providing fast service and complete transparency. Check out the attributes of top cryptocurrency payment gateways to know which one suits you the most.



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