7/30/2023 0 Comments Who accepts bitpayUnlike CoinPayments, NOWPayments doesn’t keep your money at all, it’s non-custodial. Also, your funds are kept in the generated wallets and you do not have private keys for them. However, be mindful that 2FA is implemented via e-mail notifications. CoinPayments allows accepting transactions, store many cryptocurrencies, as well as carry out crypto swaps.ĬoinPayments relies on the blockchain technology to ensure security and also possesses additional security measures as two-factor authorization and instant notification of any actions in the account (refill, swap, withdrawal of funds). It is no longer a newcomer to the crypto market and is a well-respected platform to accept payments in crypto. CoinPaymentsĬoinPayments is an online wallet for cryptocurrencies that launched in 2013. Moreover, NOWPayments’ maximum fee is 1%. We are planning on covering as many coins as possible to provide our customers with the most convenient option to choose from. Unlike BitPay, NOWPayments is not limited to 13 currencies but accepts 150+. As of 2022, BitPay accepts only 13 cryptocurrencies and fiat currencies. To increase the availability and popularity of the application, BitPay announced support for Bitcoin Cash in addition to other currencies in December 2017. BitPay’s commission is relatively low, up to 1.9%, but the speed of data processing leaves much to be desired. Development of the project began because of the need for a quick, safe and cheap way to pay for goods and services with Bitcoin.įunds can be deposited directly from a Bitcoin wallet or through an authorized supplier. BitPayįounded by Tony Gallippi and Stephen Ferry in May 2011, BitPay became the first payment processor to work with Bitcoin. In this article, we would like to review a few most popular crypto payment systems and compare them to our product, NOWPayments. This is a real, win-win way to increase revenues that cannot be ignored. Companies should consider accepting cryptocurrency in order not only to offer existing customers new payment methods, but also to get access to new customers who use cryptocurrency to pay for goods and services. It may be highly beneficial for your business to add crypto payments as an alternative payment method. There are several good reasons why it is more convenient for your customers to pay with cryptocurrency, such as Bitcoin, Ethereum, or XRP.
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