How to Accept Bitcoin as Payment on Website
Crypto payments are the future so businesses looking to increase their revenues should definitely consider Bitcoin and other cryptocurrencies. Here’s how to setup your own merchant or enterprise account in a few simple steps.
More and more companies are accepting Bitcoin and other cryptocurrencies as the rate of cryptocurrency growth and adoption of blockchain technology has resulted in them being increasingly accepted as a mainstream form of payment. While Bitcoin is the most popular cryptocurrency, others too are widely in use including Ethereum, Litecoin and Ripple’s XRP.
Why Accept Cryptocurrencies?
Businesses looking to give their revenues a boost should consider cryptocurrencies in order to capitalise on new target audiences, and take advantage of a host of other benefits. It is a known fact that businesses have to bear the losses of transaction fees for credit card acceptance which must be paid to the credit card company, in addition to fees for using a third-party payment processor. However, with this new mode of payment, businesses can eliminate the middleman and reduce their costs.
Many types of institutions and businesses are seeing the benefits of cryptocurrency and the blockchain technology which supports it. Furthermore, consumers are demanding supporting services.
Accept Cryptocurrencies with B2BinPay
Accepting cryptocurrencies on your website enables businesses to capitalise on the trends and cater for current and future consumers. This, in turn, allows businesses to seal their growth by providing a payment service that will set you apart from the competition. Getting started is a very straightforward procedure and the popularity and growth of cryptos as a means of payment has made integrating a merchant account fast and easy. All that is needed is an initial set up, then you’re set.
There are several PSPs (Payment Service Providers) offering these services. B2BinPay has emerged as one of the leading and most reputable cryptocurrency payment gateways for the purpose of facilitating blockchain payments.
B2BinPay is a global cryptocurrency payment provider for Merchants and Enterprise clients. It allows businesses to send, receive, store, exchange and accept cryptocurrency payments online, safely, securely and cost-effectively across the world in a matter of minutes. B2BinPay’s user-base includes cryptocurrency exchanges, forex brokers, online stores and other merchants for the purpose of processing cryptocurrency payments.
Hence, businesses offering their customers the opportunity to make online cryptocurrency payments, not only present them with more payment options, they can attract a new target market too – a great way to reach new clients and boost company profits. Blockchain technology allows for secure transactions making this payment method an added attraction, together with the benefit of lower charges.
B2BinPay enables crypto/crypto and crypto/fiat payments methods. With crypto/crypto, a business will receive cryptocurrency in its crypto wallet if the client pays in cryptocurrency. In the case of crypto/fiat, a business will receive fiat currency if the client pays in cryptocurrency and USD or EUR will be added to the balance.
Reasons to Choose B2BinPay
Accepting Bitcoin and other cryptos is not only as simple as 1-2-3, there are also a wide range of features and different account types to cater for every type of business.
The Lowest Industry Fees
As already noted, credit and debit card fees are a large business expense, especially where many daily transactions are involved. Since cryptocurrency is decentralised, it is possible to keep transaction fees to a minimum and reduce them to just a fraction of those incurred with other online payment gateways.
Account Types for Merchants and Enterprises
With B2BinPay, merchants can offer their customers Bitcoin, Ether, Ripple`s XRP, Bitcoin Cash, USDT, Litecoin and more as a payment option. It’s easy to securely and effectively send, receive, store and exchange and accept crypto payments online with a solution which is proving to be one of the leading crypto payment gateways in the industry. Features include low processing fees, no recurring fees, no hidden charges, real-time balance/transaction history, downloadable reports and secure checkout.
Enterprise clients can receive, store and send a large range of virtual currencies such as Bitcoin, Ethereum, Ripple and Monero. An extremely secure, reliable and scalable wallet solution from a reputable, industry-leading cryptocurrency payment provider, features include secure API, automatic withdrawals for clients and a sandbox environment for development teams, over 888 coins and tokens supported and advanced real-time reports, together with 24/7 technical support in 6 languages including English, Chinese, Arabic, Spanish, Russian and Greek.
Integrating B2BinPay makes perfect financial sense and is the ideal business choice for accessing the cryptocurrency markets quickly and easily to facilitate global crypto payments.
There’s no better time to step up your business and seal its future financial success.
Open an account today and introduce a new payment mode that will benefit your clients, save on costs and set you apart from your competitors!