Cryptocurrencies can change the world of finance. Nowadays, many businesses accept crypto payments. Cryptocurrencies are capable of processing decentralized and borderless transactions. However, this method wasn't very popular before the launch of a crypto payment processor named CoinRemitter. It is working hard to make crypto payments simple, practical, and available to everyone. Here, we will learn how this platform is making crypto payments easy and open for everyone.
Business owners can use different integration options to accept crypto payments on their websites easily. This platform offers open-source Crypto Payments Plugins for popular platforms. These plugins are available for WordPress (WooCommerce), PrestaShop, Magento, OpenCart, Laravel, PHP, and Node.js.
Crypto APIs and Widgets are ideal for websites that aren't compatible with plugins. The crypto API requires coding skills, but offers very good flexibility. On the other hand, Widgets don't require coding skills, but they offer less flexibility.
Only the API requires coding skills. Rest solutions can be used without coding skills.
As we have seen above, only the crypto API requires basic coding skills. Since API calls can be made directly from the docs, using APIs on this crypto payment gateway is the easiest. Other solutions, like plugins and widgets, are user-friendly. However, businesses have to check compatibility and the use case before using them.
The fee structure of this cryptocurrency payment gateway is completely open. Anyone can check the fee chart to view transaction and processing fees. It also provides a crypto fee calculator. So, business owners can calculate the final deposit amount after all the deductions.
Such transparency helps businesses plan better and set competitive prices for products and services. As there are no hidden charges, businesses prefer to accept payment in crypto using this platform.
Most crypto payment processors charge between 0.5% and 1% withdrawal/processing fees. But CoinRemitter charges only 0.23%, which is less than half of the average crypto processing fees.
This difference helps businesses save more and earn higher profits. Many businesses want to reduce costs while accepting cryptocurrency payments. Therefore, this platform has become a popular choice for them.
This platform provides the Gas Station feature to premium plan holders. It helps businesses with further fee reduction on selected crypto transactions. As of now, this feature works for ETH, BNB, and USDT.
After enabling the Gas Station, CoinRemitter collects transaction fees in advance. The same balance is used to pay transaction fees, and fees with the Gas Station can be up to 70% less than regular fees.
Cryptocurrency payments are already secure. However, it can be a security threat if anyone's account credentials get leaked. This crypto payment gateway has the following measures in such cases.
Protecting wallet credentials is as important as protecting account credentials. However, businesses can consider the following if their wallet credentials get leaked:
Businesses can turn on API withdrawals only when required. This way, they can minimize the risk of losing funds.
Many business owners may not be comfortable with sharing their documents when registering on an online platform. This crypto payment processor has no KYC. This means business owners don't have to submit their details when registering. They can register with basic information and accept crypto payments without risking their privacy.
CoinRemitter has made cryptocurrency payments user-friendly, affordable, and more secure. Multiple integration methods ensure almost anyone can accept payment in crypto. On the other hand, low fees help increase profits, and security measures help protect accounts and funds. By reducing unnecessary costs and complexity, this platform motivates businesses of all sizes to accept crypto payments.