Since many global businesses have moved towards crypto adoption, crypto payment gateways have become far more common in the past few years. Crypto payment gateways are more secure, more convenient and cost effective for each and every business owner. And integrating a crypto payment gateway to your business website will prove to be a valuable addition. So, today we will be trying to understand what a crypto payment gateway is and how you can start using it to maximize your business potential. 

What is a Crypto Payment Gateway 

Just like how we use a traditional payment gateway to send and receive fiat currency payments, a crypto payment gateway is used to send and receive payments in cryptocurrencies. There are many crypto payment gateway service providers and they offer different integration methods to accept digital currency payments with ease. Let’s have a look at a few crypto payment integration methods offered by crypto payment gateway service providers.

• API Integration : This is one of the easiest methods for integrating a crypto payment gateway to your website. Many leading and regulated cryptocurrency exchanges provide API integration to their merchant account users. You can easily use the API key provided by them to set up a crypto payment gateway on your business website. 
• Installable Plugins: Another popular method for accepting crypto payments is using installable plugins provided by crypto payment gateway service providers. 
• Payment Buttons: You can also set up a crypto payment gateway by adding a payment button to your business website. There are some crypto payment gateway services who offer this function. 

How to Choose the Best Crypto Payment Gateway Service

There are a bunch of crypto payment gateway service providers to choose from when it comes to accepting crypto payments as an ecommerce business. But you should pay attention to the following factors for choosing the best one out of them. 

• • Regulation: Registering for a merchant account with a regulated cryptocurrency exchange will ensure the safety of your funds. It is recommended to always check for regulations while choosing a crypto payment gateway service provider for your business.
    
  • Fees: One of the major advantages of setting up a crypto payment gateway is the low fees associated with cryptocurrency transactions. There are some payment gateways which charge less than 1% as fees and choosing them will minimize the cost to a great extent.
    
  • Supported Currencies: Some crypto payment gateway service providers support many major and minor cryptos and also allow instant conversion from one crypto to another. This is perfect for ecommerce merchants as they can provide more choice to their clients while keeping the funds in their preferred crypto. 

In addition to these factors, you can also look for added features which would enhance the level of safety for your funds. One of them is securing your cryptocurrency wallet with multiple signatures. In the end, cryptocurrency payment processors integration is an easy process which will make accepting payments a lot easier. This easy step can also open up a lot of opportunities for your business to grow and expand in the future.