The concept of crypto payment gateways can be considered one of the most revolutionary innovations in the digital payments space. The process of making crypto payments was way lengthy and non-dependable when consumers and businesses needed to communicate directly while executing a crypto transaction.
Among various crypto payment processors, we’re here to discuss Coinremitter, which has emerged as a top platform for accepting crypto payments. It began as a start-up, offered some reliable features, and became the no. 1 crypto payment solution. And we can witness this in the stats. This payment processor has successfully processed over 14 million crypto transactions including 14,000+ BTC. Also, we can see it operating in over 130 countries, where over 38,000 businesses are actively using it for accepting crypto payments.
Emerging as a no. 1 crypto payment gateway isn’t easy, especially when crypto is in its revolutionary stage and so many revolutionary platforms with big names are dominating this space. So, let’s see how it achieved this.
Reasons for Coinremitter’s Success
Privacy
Most individuals worry about privacy while adapting to any online system. About 85% of global adults want to make an extra effort when it comes to protecting their online privacy, 80% of adults are actually concerned about their privacy, and 71% of global adults have relied on additional tools to protect it.
Every stat related to ‘worrying about privacy’ has received a high favor from individuals. Its approach to privacy can be the most prominent reason for its success. Everyone may not trust online platforms that ask for identity proof before the registration process. Where you’re asked to enter sensitive details and submit documents such as identity proofs on other platforms, you can just register without such formalities and accept crypto payments for your business.
Lowest Processing Fees
Every business owner prefers to check this factor as it directly affects profits. Almost all businesses want low transaction and processing fees while accepting online payments. Businesses can settle somewhere between 1.5% to 3.5% fees to witness noteworthy profits. So, we can consider this a share comfortable for most businessmen.
However, this platform shines here too with its incredibly low 0.23% crypto processing fee. Now, if you’re a business owner, imagine how much you can save by paying only 0.23% of the transaction amount. It is quite obvious that business owners will primarily rely on this payment processor to have more profits. So, we can say that this can be one of the strongest reasons why it became a no. 1 crypto payment solution.
Security
Just like privacy, an individual’s security is also important. Business owners wouldn’t want to compromise their account details and funds. That’s why business owners prefer having account and fund security with their preferred crypto payment processor.
With Coinremitter, you can find a bunch of accounts and fund security features. With features like 2FA, Code Card, and Login Shield, you can protect your account from unauthorized access, and with features like Disable API Withdrawals and Daily Withdrawal Limit, you can protect your funds. This helped businesses rely on this gateway to accept crypto payments for their business and this reliability could’ve helped it achieve the top position.
Global Reach & Multi-Currency Support
Reaching out to more places or countries is important to grow any business. International businesses have many benefits like increased revenue, better job creation, etc.
This platform claims to support more than 130 countries and known businesses from various nations claim that they accept crypto payments using Coinremitter. So, we can conclude that this platform is available globally, which could’ve helped it significantly. Also, the supported cryptocurrencies are some of the most preferred ones for investment or spending, which could’ve helped it reach the first position.
Ease-of-Use
It isn’t necessary that every business owner is familiar with coding skills. One must be fine with sharing his wallet to request crypto payments, but no one will prefer to do it repeatedly. That’s why, integrating a crypto payment platform into any website is advised.
Here, you can integrate this payment gateway into your website using open-source plugins or crypto APIs. Another reason for the success of this platform is its easy integration process. You can explore and use plugins or APIs according to your platform’s compatibility. They’re unbelievably easy to integrate and you can also claim technical support for crypto API integration. This ease of use and technical support could have significantly helped this crypto payment processor achieve the top position.
Continuous Improvements
No one would like to stick with a platform that doesn’t improve with time. Every business owner would prefer to utilize new features with the existing crypto payment platform he is using. Apart from security updates, everyone prefers feature updates that improve the user experience.
This payment processor has improved significantly since its launch. We’ve seen this platform extending its support for new cryptocurrencies as well as some new features like the Gas Station, which can be helpful in reducing transaction fees on selected crypto transactions. All these revolutionary upgrades have taken place in the past 3 years, making it a top choice for accepting crypto payments.
Conclusion
In the continuously growing crypto industry, Coinremitter is committed to providing a reliable solution to accept crypto payments that prioritizes security, efficiency, and user experience. With such features, we can predict that this platform hasn’t only emerged as a No. 1 crypto payment solution but it is also here to stay on the top for a long time and set high standards for all the other platforms.
