Your Email

Pasword

 Bitcoin is one of the greatest technological breakthroughs since the Internet. It also has been called ?a black hole? into which a consumer?s money could just disappear. In 2009, 1 Bitcoin was 0.08 $ and now it is 10676 $, the growth is massive. Landmark feature of a Bitcoin is that it can curb the chances of fraud and identity thefts, and hence is considered a safe mode of holding money. 

Bitcoin is a great tool for investment; it can be used all over the world without going through a conversion process. It is considered at par with Gold and combines the best of cash and gold while providing an open market and no restrictions imposed by banks or governments. 

One of the benefits of Bitcoin is that transactions can occur in cyberspace with no fiat currency having to exchange hands. Such transactions are a lot cheaper than the typical charges from a traditional bank, one of its most attractive features. The value of a cryptocurrency, when it is exchanged for a fiat currency, depends on the current market price, just like a share of stock. 

A gateway is used for facilitating online transactions and helping them get approved. It is also the first place the transaction goes when a customer submits an order online. The transaction flows through the payment gateway, to the payments ecosystem, and should it be approved, will eventually make its way into the merchant account. 

There are several Bitcoin payment gateways available that allow simple steps to register and make Bitcoin transactions happen in an easy way. 

Bitpay- Bitpay offers is the most comprehensive solution for merchants wishing to integrate a Bitcoin payment processor into their existing operations.BitPay prides itself on simplicity, for the Bitcoin merchant, payment instructions are displayed on the website and the customer does not need to leave the site to check out, making the online payment gateway super streamlined. The company offers a wide range of 'plug-ins' for existing shopping cart software including Magenta, OpenCart, Zen Cart, X-Cart, Wordpress (Woocommerce, E-Commerce etc), Drupal Ubercart, and others. 

Coinbase- Coinbase is one of the most popular Bitcoin marketplaces, now offering payment gateway for merchants in 32 countries. The company already has some big name clients on board like Expedia and Overstock.com, which can tell a lot about their product quality. Particularly, their payment solution allows creating a sleek, straightforward mobile-friendly checkout experience for the customers. Coinbase charges 1% on instant currency conversions into fiat. 

CoinGate- CoinGate website provides more specific information than most others. It processes Bitcoin and 40+ coins, and, as a part of its service, will immediately transfer payments back to Euros or USD, once the customer has made payment. Values are updated every 60 seconds. It will also accept other crypto coin payments and transfer them to Bitcoin payments if a merchant wants so. 

Blockchain.info- Some customers like to own and use Bitcoin, to do some businesses and simultaneously keep hold of their coins. If you just want a simple API service to help you accept Bitcoins then look no further than there is the well respected Block Chain website, as they may well have just what you are looking for. The Block Chain API is entirely free to use and requires no registration. It will create a new unique address for each of your customers, and then monitor that address and alert you with a simple callback when payment is received. 

Spectrocoin- Spectrocoin is an all-purpose site for anyone wishing to deal with Bitcoin. It is an exchange, a place for consumers to obtain a Bitcoin debit card or to get a Bitcoin mobile wallet. And there is an entire section for merchants who want to accept Bitcoin payments in their online shops. It promotes the automatic and immediate transfer of a Bitcoin payment into the merchant?s desired currency so that there no risk of volatility in exchange rates. 

GoURL.io- WordPress has rated GoUrl.io as one of its top Bitcoin plugins. features include integration with all website pages and no navigation to external payment pages. Other features are pretty standard, such as receipt of Bitcoins directly into the merchant?s wallet with conversion to USD/Euros/other currencies at any time after that. 

Shopify- Thousands of Shopify merchants are now accepting Bitcoins. Shopify assists in Bitcoin payment gateway integration and even provides a 14-day free trial. To use this option, however, you need to be a Shopify merchant, but there are some good features on this platform. You can setup Bitcoin in your brick and mortar store using a tablet or iOS device or a mobile app, as well as on your online shop.

Cryptopay- It is primarily a European service for buying and selling Bitcoins for either Euros or GBP, but they also offer a good solution for merchants as well. The merchant service includes a point of sale app with printable QR codes for bricks and mortar businesses. For web stores and looking to take donations there is a choice between a simple 'pay now' button which is as simple to use as just pasting some code into the appropriate place your site. 

Coinjar- Coinjar is an Australian company which offers one of the lowest fees out of all the payment processors who use the percentage fee per transaction model - 0.5% per instant conversion from BTC into fiat. They offer merchants a point of sale and a pre-built checkout that you can integrate into your web store.

GoCoin ?It offers merchants the ability to accept payment in Bitcoin or Litecoin. It allows easy integration into existing sites using a reasonably good selection of plug-ins for popular shopping cart software such as Magenta, PrestaShop, OpenCart, WooCommerce and more. In addition to this, there is an API for developers wishing to build their own custom solutions. GoCoin's usual fee is the same as Coinbase - 1% on instant currency conversions into fiat. 

Read more of our articles about Bitcoin- https://newsandstory.com

© www.newsandstory.com