eCommerce business owners with their fingers on the pulse of the economy and forward-thinking business plans are starting to accept crypto tokens as forms of payment – and that’s a good thing! Accepting crypto as a business can provide your eCommerce venture with several benefits, including increased payment flexibility, more profits, and more outstanding service to your customers. However, it can be tough to know how to start accepting Bitcoin and other crypto tokens on your website if you haven’t done it before. Today, let’s break down how to accept…Read More
Tag: payment processor
What Is a Payment Processor?
All online businesses thrive on digital payments, such as credit and debit card payments, electronic wallet payments, and even cryptocurrency payments. However, no eCommerce business can accept these digital currencies without a payment processor and payment gateway. Today, let’s take a close look at what a payment processor is, what it does, and how it works. We’ll also go over the types of currencies that payment processors accept and whether you can use a standard payment processor to accept crypto tokens at your eCommerce business. Payment Processors Explained Both retail…Read More
How To Start an eCommerce Business
Starting a business is tough enough – starting an exclusively online or eCommerce business is even tougher. When you have to deal with matters like shipping, website design, and other challenges, it’s no wonder many would-be entrepreneurs have no idea how to begin their professional journeys! But if you’ve always wanted to start an eCommerce business, you’re in luck. Below, you’ll find a detailed step-by-step breakdown that can help you start an eCommerce business of your very own. Let’s get started! How Can I Start My Own eCommerce Business? Starting…Read More
Payment Gateway vs. Payment Processor
Online transactions are convenient, but keeping them secure and efficient is hard work. Two payment systems – gateways and processors – work behind the scenes to facilitate online purchases for customers and merchants. When you’re starting a new eCommerce store, you might not know what the difference is between payment gateways vs. payment processors, or whether you need one or both. Today, let’s compare payment gateways and payment processors in detail and break down why both are important parts of your online store’s checkout system. What Is a Payment Gateway…Read More
Accepting cryptocurrency payments; it’s easier than you think!
You’ve got a business, it’s doing well, but you want to tap into a new audience, namely cryptocurrency holders. Your product or service doesn’t have to be connected to cryptocurrency directly for you to engage this audience, they are just normal people who want the same items and services the rest of us do, they just would like to pay with their cryptocurrency. Maybe you’ve got friends who are into digital currencies already, maybe you’ve just heard about the huge rise in the value of them, but you now know…Read More
TerraCredit (CREDIT): Designed for mass adoption CREDIT Quick Stats What is TerraCredit? A decentralized digital payment solution, CREDIT aims to become the world’s TOP currency for the unbanked adult population. CREDIT is built on Proof-Of Stake protocol and its speed allows for a fast transaction; Transactions on the TerraCredit blockchain show instantly and are coins are spend-able within 1 minute, making CREDIT a viable replacement to cash and a rewarding option attractive to new users. CoinPayments prides itself on the easy to use platform we offer and are always excited…Read More
Binance USD (BUSD)
Binance USD (BUSD): A U.S. dollar-backed stablecoin BUSD Quick Stats CoinPayments is happy to have successfully integrated BUSD cryptocurrency to our growing list of payment solutions. Merchants can now choose to accept BUSD payments for their business. Binance USD (BUSD) is a 1:1 USD-backed stable coin issued by Binance. Launched on 5 Sep 2019, BUSD aims to integrate the stability of the dollar with blockchain technology. This digital fiat currency is issued as an ERC-20 token. Stablecoins have grown exponentially in popularity over the last years. And for a good…Read More
GUAP Coin (GUAP): Is the cryptocurrency for the culture GUAP Quick Stats What is GUAP Coin? GUAP Coin is a decentralized digital coin founded by people of colour that can be traded between peers instantly. GUAP Coin is fast, secure, and highly scalable. Guap Coin is for everybody but our primary mission is to uplift those economic communities that have been left out of the cryptocurrency revolution. GUAP is a next-level initiative that infuses the “Buy Black” movement with blockchain technology to incentivize the black community to invest in itself.…Read More
The Importance of Accepting Bitcoin and Altcoins in Your Store
Cryptocurrencies have become a worldwide sensation, with bitcoin taking center stage as the first and most proven cryptocurrency. It has taken a while for bitcoin to become more widely accepted by businesses across the world, but as with any new technology this is understandably so. In the early days, it was only a handful of people that really knew what cryptocurrencies were, how to transact with them and how to store them. Until a day in May 2010, when a young man managed to purchase a pizza with 10,000 bitcoins…Read More