7 Best Crypto Payment Gateways – Accept Crypto, Receive Fiat
The best crypto payment gateways make it simple for businesses to accept cryptocurrencies like Bitcoin and Ethereum.
They offer features like low fees, fast conversion to fiat, and secure transactions. These gateways are ideal for e-commerce sites, freelancers, and businesses looking to serve crypto users without dealing with the complexities of handling digital currency.
In this guide, we’ll cover the top gateways based on ease of use, fees, and the cryptocurrencies they support, helping you find the right fit for your business, whether you’re just starting or handling large volumes.
What are Crypto Payment Gateways?
A crypto payment gateway lets businesses accept cryptocurrencies like Bitcoin or Ethereum as payment. It works a lot like PayPal or Stripe, but instead of traditional money, it handles digital currencies.
For business owners, this offers a simple way to provide more payment options, especially for international customers. Some gateways even offer instant conversion to currencies like USD or EUR. This makes it easier for businesses that don’t want to manage crypto themselves but also don’t want to miss out on potential customers who prefer using crypto for payments.
Crypto gateways speed up transactions and lower fees by skipping currency exchanges and bank delays.
Here’s how it works: When a customer picks crypto as their payment method, the gateway generates a unique payment address or QR code. The customer sends their payment using a crypto wallet, and the gateway verifies it on the blockchain. Once the payment is confirmed, both the business and the customer are notified, and the transaction is done.
Check out our in-depth guide on crypto payment gateways to learn more.
How to Choose the Best Crypto Payment Gateways?
The best crypto payment gateway really depends on your business, the industry you’re in, and your specific needs. Although we can’t make a one-size-fits-all suggestion, the following are some factors that can help you evaluate our list of best crypto payment gateways yourself and choose the one that best aligns with your business goals and needs.
1. Supported Cryptocurrencies: Some gateways only work with popular cryptocurrencies like Bitcoin and Ethereum, while others support a wider range of coins. Choose one that covers the currencies your customers are most likely to use.
2. Conversion and Settlement Options: If you don’t want to hold cryptocurrency, look for gateways that offer instant conversion to regular money like USD or EUR. This way, you can avoid the risk of price changes in cryptocurrency.
3. Fees: Fees can vary a lot between providers. Pay attention to both the fees for processing crypto payments and for converting them to fiat currency. Lower fees can save you money in the long run. Also, check if the platform clearly shows how they charge fees, as some can be unclear about their pricing.
4. Ease of Integration: The payment gateway should easily work with your existing e-commerce platform, like Shopify, WooCommerce, or Magento. Many gateways provide plugins for easy setup, while others may need a custom API integration.
5. Customer Support: Good customer support is crucial, especially if you’re new to cryptocurrency payments. Choose a gateway that offers fast and multi-channel support to help you if any issues come up.
6. Optional Features: Some gateways offer extra options, like recurring payments for subscriptions, refunds, or integrating with smart contracts to automate certain payments. Consider these features if they’re important for your business.
Here are the Best Crypto Payment Gateways:
1. Coinbase Commerce
If you’re new to crypto payments and looking for a simple, reliable option, Coinbase Commerce is a great starting point. It supports popular cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and others, making it easy to cater to a broad customer base.
One of its best features for beginners is the option to convert crypto payments to USDC instantly, helping you avoid the volatility that comes with holding crypto. From there, you can easily exchange USDC to fiat currencies like USD, though direct fiat withdrawals aren’t available on the Self-managed plan.
Coinbase Commerce also has no setup or monthly fees, but there’s a 1% fee for converting crypto to fiat. So, if you receive $100 in Ethereum, Coinbase will take 1% (or 1 USDC) as the fee.
Integration is a breeze with platforms like Shopify and WooCommerce, and they also offer API options if you need a custom setup. On the security side, Coinbase is solid, with two-factor authentication and cold storage for assets.
While the platform is globally accessible, users should be cautious about potential account holds or delays during high-traffic periods. For beginners, though, it’s still one of the best crypto payment gateways to start with.
2. CoinsPaid
CoinsPaid, named Best Services Supplier of 2023 by the EGR B2B Awards, is a strong choice if you’re looking for flexibility in crypto payments.
It supports over 20 cryptocurrencies, including popular ones like Bitcoin, Ethereum, and Litecoin. What really stands out is its ability to convert crypto payments into more than 40 different fiat currencies, including USD, EUR, and GBP, with instant conversion to protect against price swings.
The fees are pretty reasonable too—around 0.8% per transaction—and there are no setup or monthly charges. CoinsPaid is big on transparency, so you know exactly what you’re paying for.
Security is a major focus, with features like two-factor authentication (2FA) and multi-signature wallets, keeping your transactions safe. Although it doesn’t have the easiest integration options for all platforms, they make up for it with a smooth onboarding process and even offer free consultations and demos to help you get started.
Customer support could be better since they don’t offer live chat or phone support, but they’re available on various social media channels like Telegram and LinkedIn if you need quick updates or assistance. Overall, if you’re looking for a reliable and secure platform, CoinsPaid is a solid contender for the best crypto payment gateway.
3. PayPal
For freelancers and individuals looking to dip their toes into crypto payments, PayPal offers a familiar and straightforward option. It supports a small selection of cryptocurrencies like Bitcoin, Ethereum, Litecoin, and its own stablecoin, PayPal USD (PYUSD). While it doesn’t offer as many crypto options as specialized gateways, its simplicity makes it ideal for beginners.
One big perk is PayPal’s instant crypto-to-fiat conversion. When someone pays you in crypto, PayPal automatically converts it to regular money, like USD, and deposits it into your account. This saves you from having to deal with the hassle of converting the funds yourself and helps avoid any price swings in the crypto market.
PayPal does charge a spread fee (about 0.5%) on top of its regular transaction fees, which can add up, especially for international payments. So, it’s worth keeping an eye on those costs if you’re regularly accepting crypto.
Since PayPal is already widely integrated into many e-commerce platforms like Shopify and WooCommerce, adding crypto payments is easy if you’re already using PayPal for other transactions.
Security-wise, PayPal has all the basics covered, including encryption and two-factor authentication. However, you won’t have control over your private keys, unlike other crypto platforms.
Overall, if you’re a freelancer or individual, PayPal could be the best crypto payment gateway for you, especially if you want to keep things simple and stick with a familiar platform.
4. Coinremitter
Coinremitter is ideal for businesses seeking an anonymous crypto payment gateway without KYC or KYB requirements. It supports 12 popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Tether. However, there’s a catch. The free plan only covers 8 coins, and to unlock others like Ethereum or Tether, you’ll need to upgrade to the $100/month paid plan.
Unlike most gateways, Coinremitter doesn’t offer crypto-to-fiat conversion. But it does allow instant crypto-to-crypto conversions, so businesses can easily switch to stablecoins to avoid market volatility. You can later convert those stablecoins into fiat using another exchange or wallet.
One of its best features is the low transaction fee, starting at just 0.23%, which is much lower than many competitors. They also charge additional transaction fees that vary based on the crypto being used. Check the complete fee structure here.
It integrates with several platforms like WordPress, Magento, and PrestaShop, though Shopify and WooCommerce users will need to rely on API integration instead of plugins.
Coinremitter is non-custodial, meaning you stay in control of your funds. It offers essential security features like multi-signature wallets and two-factor authentication (2FA). Customer support is available 24/7 through a ticketing system and Slack, though the lack of a comprehensive knowledge base might be frustrating for some.
If you’re looking for the best crypto payment gateway that focuses on anonymity and low fees, Coinremitter is worth considering.
5. BitPay
BitPay is a great choice for businesses with high monthly transaction volumes. It supports over 100 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and several stablecoins, offering plenty of options for customers.
One of BitPay’s standout features is its quick settlement process. You can choose to convert part or all of your crypto transactions into fiat and have the funds deposited directly into your bank account within one business day. This is perfect for businesses that need fast access to their money.
BitPay’s fee structure rewards businesses with higher volumes. For monthly transactions under $500,000, the fee is 2% + 25¢ per transaction. If your volume is between $500,000 and $999,999, the fee drops to 1.5%. And for businesses handling over $1 million per month, you’ll pay just 1%. See the full fee structure here.
BitPay integrates easily with platforms like Shopify, WooCommerce, and Magento. It also offers custom API integrations for more specific needs. Customer support is solid, with options like FAQs, a chatbot, and even a toll-free number for direct help.
If you’re handling large volumes of transactions and looking for the best crypto payment gateway with low fees and fast settlements, BitPay is a top option.
6. NOWPayments
NOWPayments is a great option for businesses operating in unregulated industries or niche markets. It supports over 300 cryptocurrencies, including popular ones like Bitcoin, Ethereum, and Litecoin, as well as a wide range of altcoins.
One unique feature of NOWPayments is its non-custodial nature. The crypto goes directly from the customer’s wallet to yours. They only briefly hold funds if you need to convert one crypto to another, or into fiat like USD or EUR. You can settle payments in either crypto or fiat, depending on your preference.
With a low transaction fee of just 0.5%, NOWPayments is one of the most affordable options out there. However, if you choose to convert your crypto into fiat, additional fees will apply, though the overall cost still tends to be lower than traditional payment processors. Learn about their fee structure in-depth here.
NOWPayments also integrates smoothly with popular platforms like Shopify, WooCommerce, and Magento. They offer easy-to-use plugins and APIs, so setup is straightforward even for custom systems. Their 24/7 customer support is available through email and a ticketing system, with plenty of documentation to help along the way.
For businesses in unregulated or niche industries, NOWPayments could be the best crypto payment gateway to consider, especially with its low fees and broad crypto support.
7. Confirmo
Confirmo, formerly BitcoinPay, is ideal for businesses in specific industries that have technical teams. It supports 8 major cryptocurrencies, including Bitcoin, Litecoin, and Ethereum. While the selection is limited, it’s enough for businesses focused on popular cryptocurrencies like Bitcoin.
One of its strong features is automatic crypto-to-fiat conversion, so you can convert crypto payments directly into USD, EUR, and other currencies. Settlements are quick, with funds usually reaching your bank within 1-2 business days, depending on the region.
Confirmo charges a competitive 0.8% transaction fee, plus a 0.5% payout processing fee. There’s also a small withdrawal fee that depends on the type of coin, but overall, it remains affordable. Check out their complete fee structure here.
For security, Confirmo offers two-factor authentication (2FA) and encrypted transactions, but it’s a custodial service, meaning they manage your crypto for you. Businesses won’t have direct control over private keys, which may be a drawback for those wanting more autonomy.
Integration is another area where Confirmo leans more technical. It directly integrates with WooCommerce, but for other platforms, you’ll need to use their API, which can be a bit challenging for non-technical users.
Customer support is available via email and Slack, with response times usually within 24 hours. They also have a robust knowledge base for self-help.
If your business has a technical team and you’re looking for a reliable crypto payment gateway with low fees, Confirmo could be a solid option.
Final Thoughts
For beginners, PayPal and Coinbase Commerce offer ease of use but have fewer crypto options. If you need anonymity, Coinremitter is a good fit, while NOWPayments stands out for businesses in unregulated industries with support for over 300 cryptocurrencies.
BitPay is a top choice for businesses with high transaction volumes, thanks to its tiered fees. Confirmo works well for businesses with technical teams that can manage API integrations and need automatic crypto-to-fiat conversion. CoinsPaid balances strong security with flexible features, making it great for global companies.
Each gateway has its strengths, whether you need low fees, strong security, or a wide variety of supported coins. The best option depends on your business’s specific needs and whether you prioritize ease of use, anonymity, or handling large volumes.