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A crypto payment API is a solution that lets businesses accept cryptocurrency payments. It lets a business integrate digital assets into its existing payment system, offering customers an alternative payment method with lower transaction fees.
You can sign up for an account via a crypto payment API gateway, such as B2BINPAY. After signing up and verifying your business identity, you’ll be issued unique API keys to integrate the payment gateway with your website.
Crypto payment API facilitates transactions between customers and merchants. You’ll be given API credentials from your payment provider, which will be integrated into your site’s payment system.
When a customer wants to pay for goods or services, your site sends a request to the crypto payment API to generate a unique wallet address. Funds will be sent to that address, and the API confirms its validity.
When the settlement is confirmed, the customer’s tokens will be transferred to your merchant account, and you can exchange them for other tokens or fiat currency.
The update frequency varies depending on the platform. There’s no standard timeline, but we frequently update our crypto payments API to enhance transaction speeds, simplify the payment process, and address any identified issues.
B2BINPAY charges a fee between 0.25% and 0.4%, depending on the transaction volume and the token used.
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