Best Cryptocurrency Payment Gateways 2021

There’s a growing number of businesses and individuals around the world that accept cryptocurrency payments. It can be challenging for SMEs and even big businesses to find suitable crypto payment gateway. This article looks at best platforms for accepting crypto payments.

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Benefits of crypto payment platforms

  • Lower fees. Crypto payment processing platforms have lower fees usually less than 1% compared to other payment gateways such as Skrill, which charges 2.90% (plus conversion fees). Credit card companies usually charge up to 3% of the transaction amount. In most cases, there’s no monthly, registration, or maintenance fees with crypto payment gateways.
  • Integration. Conveniently integrate your store with leading accounting software (e.g., Sage and QuickBooks) and ecommerce platforms such as WooCommerce, Shopify, Magento, etc.
  • Invoicing. Crypto invoicing tools offered ensure that you are paid in the correct crypto amount according to the current price, minimising volatility risks.
  • Irreversible. Crypto payments are irreversible and unchangeable, which reduces chargeback fraud.
  • New opportunities. They help merchants and businesses gain new customers and boost revenue.
  • Speed. The Bitcoin lightning network has made it possible for crypto transactions to take place almost instantly.

How Do Crypto Payment Platforms Work?

Crypto payment platforms or crypto payment gateways allow you to accept cryptocurrency payments from customers for goods or services. This means you would accept Bitcoin the way you would normally accept other payment methods such as credit/debit card payments or bank transfer.

The following are some of the top cryptocurrency payment platforms you can consider.


Blockonomics is a permissionless crypto payment solution. It allows you to receive payment directly into your own cryptocurrency wallet. The platform currently support Bitcoin and other altcoins and charges a 1% fee per transaction (first 20 payments are free).

Blockonomics does not ask for any KYC/doucumentation, only your email address is necessary. There is no limitation of BTC amount that can be received. In addition, you can issue P2P crypto invoices anonymously. Invoice details are encrypted on your browser and protected using secret key. The secret key is never sent to server, which only stores the encrypted invoice content.

Why do you need a cryptocurrency invoice? Crypto price is constantly changing so if your payee doesn’t pay on time, you may end up receiving less amount of BTC. Therefore, crypto invoices help resolve disputes regarding exchange rate as it differs across exchanges.

Once a customers has paid in cryptocurrency, Blockonomics can make an instant conversion to fiat. This is done with the help Blockonomics fiat partner, Uphold Wallet. Blockonomics sends your received BTC payments automatically to your Uphold Wallet, which is then instantly exchanged to fiat. Uphold Wallet supports a number of methods of bank transfers including ACH and SEPA.

If you intend to sell your cryptocurrency once a payment has been made, Blockonomics can automatically send to your chosen cryptocurrency exchange. You only need to specify the exchange deposit address.


BitPay is an enterprise-grade tools for crypto payment acceptance and spending. With BitPay, you are able to create BitPay invoice at a locked-in exchange rate. Your crypto payments are received in your own wallet or BitPay non-custodial wallet, meaning you will have the full control of your crypto earnings. The company works with some reputable brands like Microsoft, Shopify and Zynga. It supports over 200 countries, over 90 crypto wallets and all major cryptocurrencies including Bitcoin.

There’s unlimited monthly transactions and a 1% fee per transaction. Fees, however, may be higher for high risk businesses.

BiPay allows you or your business to accept cryptocurrency in three major ways.

  • In person. Accept Bitcoin on your smartphone or tablet at your retail store or restaurant.
  • By email. Send Bitcoin invoices to your customers as easily as sending an email.
  • On website. Accept crypto payments, deposits, and donations online from your customers.

Once you start receiving payments, you can order BitPay card (Mastercard) that you can use to convert your earned cryptos into fiat with no conversion fees. BitPay can also settle funds via local bank transfer (ACH, SEPA, FPS, etc.) in 8 currencies (USD, EURO, GBP, AUD, ZAR, CAD, MXN, and NZD) and direct bank deposit in 38 countries. The platform converts your payment into your local currency and initiates a bank settlement to you the next business day. In addition, you are able to spend your crypto holdings at Amazon and hundreds of other brands with BitPay’s browser extension.


CoinGate is a Lithuanian-based t up cryptocurrency payments for any website or physical store. Once you have signed up successfully for your account, you will have access to crypto payment features including payment buttons, web PoS application, API integration and official plugins for the biggest e-commerce platforms.

Cryptos received via CoinGate can be sent to any crypto wallet of your choice. You can also withdraw USD and EUR from your CoinGate account to your bank account, Skrill or AdvCash account.

The usual price for merchant payment processing on CoinGate is a 1% flat fee. CoinGate supports over 100 countries around the world, over 10 native cryptocurrencies and over 50 altcoins via cryptocurrency exchange Changelly. Find out supported countries here and supported altcoins here.


CoinPayments is a cryptocurrency payment gateway that gives you features such as eCommerce plugins (WooCommerce, Shopify, OpenCart, Magento, etc.) payment buttons, API, shopping carts, crypto invoice builder, fiat currency conversion to cryptocurrency and vice versa, instant notifications, POS for in-person transactions with crypto payments, and direct payments to partners. The platform supports all major cryptocurrencies including Bitcoin.

CoinPayments allows you to set your payout address to go directly to a cryptocurrency exchange enables you to automatically sell your cryptos lessening your risks of exchange rate fluctuation. You can also send payouts to go to your own crypto wallet. CoinPayments fee starts at 0.5% per transaction.

Coinbase Commerce

Coinbase Commerce is a cryptocurrency payment gateway which enables you to accept Bitcoin and a number of altcoins. The service is offered by Coinbase, a cryptocurrency exchange and wallet.

As a Coinbase Commerce client, you will get the following features.

  • Crypto invoicing
  • Multi-currency
  • No limits
  • Conversions to fiat or stablecoin
  • Webhooks for charges
  • Customized payment buttons
  • Hosted checkout pages

Coinbase Commerce does not charge any fees in order to use Coinbase Commerce. However, in order to withdraw any cryptos you have received, you will need to pay a network fee to cryptocurrency miners. If you would like to convert your cryptocurrency into fiat, an exchange may charge fees. Withdrawal fees for Bitcoin tend to be $1.00-$5.00 and fees for other currencies tend to be under $1.00.

At this time, Coinbase Commerce is a cryptocurrency-only service, meaning we do not support fiat conversion or withdrawing fiat to a bank account. If you would like to convert cryptocurrency that you have received into fiat and withdraw this fiat to your bank account, you can do so by withdrawing accepted cryptocurrency to a cryptocurrency exchange of your choice, and converting your cryptocurrency and withdrawing to a bank account from the exchange.


NowPayments is a crypto payment gateway that allows small businesses and freelancers to accept payments in Bitcoin and other over 50 altcoins directly into your own wallet at a fee starting from 0.4%. NowPayments can easily integrate into major CMS solutions like WooCommerce, Magento 2, Zencart, OpenCart, and WHMCS. Furthermore, its API allows customers to make several payments for one order, meaning they can pay a part in Bitcoin, a part in altcoin.

NowPayments invoice is a little box where all the necessary information about the invoice payment is collected: your payout address, the currency, and the sum. If your customer is shopping on a computer and uses a desktop wallet, they will only need to copy and paste the following information into their crypto wallet. If they use a mobile crypto wallet, scanning the QR code will bring them into their wallet, and the Bitcoin payment address will paste automatically.

Despite being a crypto payment gateway, NowPayments allows your customers to pay with the payment method they’re used to, the platform will automatically convert it into crypto and send it to your wallet. When charging your customers in crypto, you can settle payments in fiat through SEPA transfers to your bank account.

NowPayments operates globally except Cuba, Iran, Russia, North Korea, Crimea, Sudan, Syria, United States of America (including all USA territories like Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands (St. Croix, St. John and St. Thomas)), Bangladesh, Hong Kong and Bolivia, along with any other country subject to United Nations Security Council Sanctions List.

BTCPay Server

BTCPay Server is a free, non custodial and open-source cryptocurrency payment gateway which allows you to receive payments in Bitcoin (on-chain and via the Lightning Network) and altcoins directly, with no fees, transaction cost or a third party. This means that you are your own crypto payment gateway.

BTCPay Server can be used by ecommerce stores, merchants with physical stores, charities and content creators. Moreover, BTCPay enables individuals to become cryptocurrency payment gateways themselves so that they can process payments for their friends or local businesses and communities and help them accept Bitcoin at no cost.

The web-based PoS app allows merchants with brick and mortar stores to readily accept cryptocurrencies while online stores can easily embed HTML payment buttons to allow their customers to pay conveniently. When a site visitor clicks on the button, BTCPay displays an invoice.

Why can’t I just give my Bitcoin address to a buyer? Re-using an address for receiving payments is a privacy issue. Providing a different address manually to each customer is not an optimal solution. Imagine having to send a unique e-mail to everyone that wants to pay you with cryptocurrency. BTCPay solves the address re-use issue. It automates the checkout process for the merchant by creating a new invoice with a unique address created from the merchant’s wallet, each time a customer pays using BTCPay.

Final Thoughts

Crypto payments are a great way to create new customer base and boost revenue for your business. By using crypto payment providers, you will enjoy benefits such as fast transactions, low fees, security and minimal or no chargeback fraud.

Vincent is a writer with an interest in finance, business, technology and health niche. He holds a Bachelors degree in Applied Statistics with computing. Read more about Vincent and see our complete editorial team at FiFi.