Cryptocurrency payments are changing how e-commerce and online businesses work. Many business owners accept crypto payments because they are safe, have lower fees, and are globally accessible. CoinRemitter is a popular crypto payment gateway that helps online businesses and e-commerce websites easily accept payment in crypto. Let us see how this cryptocurrency payment gateway impacts E-commerce platforms and other online businesses.
The Rise of Crypto Payments in Online Businesses
Businesses relied on traditional payment methods like credit cards, bank transfers, and online wallets. But these methods have some unsolved problems, such as high fees, refund fraud, and limits based on locations. On the other hand, cryptocurrency is different. It does not need a bank or a centralized intermediary. It allows individuals to process transactions directly with each other. CoinRemitter works as a medium and lets businesses accept payment in crypto easily. It gives a fast, secure, and reliable way to accept crypto payments.
How CoinRemitter Helps E-commerce and Online Businesses
1. More Customers Worldwide
When a business accepts multiple currencies, it has a high chance of getting more customers. Many individuals have different cryptocurrencies, so giving multiple crypto options can bring more buyers. This crypto payment processor supports multiple currencies, which helps businesses reach customers from different countries and increase their sales.
2. Easy Crypto Payment Setup
Crypto payment integration can be a challenging task for some business owners. This crypto payment processor makes it simple. It has the following ways to integrate crypto payments into a business website:
- Open-Source Plugins: Business websites based on WooCommerce, Magento, OpenCart, PrestaShop, PHP, Laravel, and Node.js can install CoinRemitter plugins following respective installation guides.
- Crypto API: This crypto gateway’s latest API docs offer simplified crypto payment integration. In addition to creating invoices and accepting payments, the API docs provide other useful solutions, such as creating a wallet and withdrawing funds.
- Pricing Widget: Online business owners with multiple pricing tiers can use this feature to accept crypto payments easily. You can analyse your business preferences to create a widget and place it on your website to collect cryptocurrency payments.
- Presale Widget: Crypto project owners can use this feature to accept crypto payments for their ICOs. You can create a widget to launch your ICO and place it on your official crypto platform to request crypto payments during the ICO presale.
- Payment Button: This feature provides the easiest crypto payment integration and works well for almost all businesses. If you want a simple interface to accept cryptocurrency payments, then you can create a payment button from CoinRemitter and place it on your website.
[Note: Pricing Widget, Presale Widget, and Payment Button allow you to set design and text preferences, and provide ready-made JavaScript code accordingly. To place a widget on your website, you can use that JavaScript code in your website’s source code.]
Easy crypto payment integration allows more business owners to participate in this payment method, regardless of their technical skills.
3. Low Fees and Better Profits
Business owners always appreciate lower fees with enterprise-level cryptocurrency transaction processing. High fees may cut profits or force you to increase your product/service prices, and customers may not appreciate unnecessary price hikes. CoinRemitter charges only a 0.23% processing fee and a predefined network fee. Also, this is the lowest crypto processing fee in the market. Because of these low fees, many online businesses now spend 50% less on crypto payment costs. This helps you earn more without increasing prices too much.
4. No Chargeback Fraud
Chargeback fraud is when a buyer gets a refund by claiming they didn’t get the product, even after receiving it. This is a common problem with credit cards. However, crypto payments cannot be reversed, and CoinRemitter offers the same benefit. Once the payment is done, it is final. This stops chargeback fraud and saves money for the business.
5. Strong Security and Full Privacy
Online payments must be safe, and this crypto payment processor gives good security tools to protect accounts. For example, you can turn off API withdrawals and set daily withdrawal limits. These steps prevent others from stealing funds if they hack your account. Apart from security, this platform is also great in terms of privacy. You don’t have to share personal documents like ID cards to sign up, so you can keep your private information safe. The combination of security and privacy has made business owners feel more confident about crypto payments by keeping their information and funds safe.
Conclusion
Cryptocurrencies are refining online business operations by making payments fast, safe, and cheap. CoinRemitter is a simple cryptocurrency payment gateway that helps businesses accept crypto easily. It offers plugins, APIs, and payment buttons for all types of users. You can reach more customers, avoid high fees, and stop fraud. This crypto gateway also keeps payments secure and does not ask for personal documents. With these features, this platform gives e-commerce and digital businesses a better way to accept payments and grow in the global market.
