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Author Topic: [List] Bitcoin Payment Processors  (Read 2107 times)
Husires (OP)
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July 02, 2020, 05:34:46 PM
Last edit: March 12, 2023, 01:58:24 PM by Husires
 #1

Please use updated list https://bitcointalk.org/index.php?topic=5444578.0

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July 02, 2020, 05:47:59 PM
 #2

Why not add Blockonomics to your hosted list?
It is one of the payment processor that I used without any issue.

And this is not a complete list you can find the complete list of payment processor from the link below that you can add in your list.

- https://github.com/alexk111/awesome-bitcoin-payment-processors

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July 02, 2020, 08:10:42 PM
 #3

Just heard about this payment processor from google, nowpayments.io, if anyone who knows about it and if it's will be worth it listing the site in the op.

Also, change the URL of the coinbase to commerce.coinbase.com
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July 03, 2020, 03:47:41 AM
 #4

It is not a complete list, I have added some items that are not available on that list.
I have not used that payment processor so I have not added it, I will read the comments and add things that are missing from that list.
Thanks  Cheesy.
You have 4 listed website in your topic, meaning you've used all of them? Can you give a few comments about them? Which is better and which is more appropriate to use?
BitMaxz has commented and given a few sites that can be added, why don't you do that? His comment is also a suggestion  Roll Eyes

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July 03, 2020, 02:20:20 PM
Merited by Quickseller (2), JayJuanGee (1), ABCbits (1)
 #5

Some changes/additions I'd like to suggest:

Hosted payment processors:

- Coinbase Commerce: AFAIK (I used to have an account there) you're not required to have a bank account or go through KYC. Where did you read that?
- Don't forget to add OpenNode.
- BitPay: KYC is not required for merchants only, but for users as well (for purchases above 3000$).
- Both CoinPayments and BitPay has banned a few countries.

Self-Hosted payment processors:

- Both BTCPayServer and BitCartCC allow third-party hosting (a good option for the people without technical knowledge)
- Take off the "fees" field since they're all open source and none of them have any fees.

I also think it would be a good idea to add a column that indicates whether the payment processor is using SegWit or not.

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July 04, 2020, 08:18:05 PM
Last edit: July 08, 2020, 06:17:57 AM by Husires
 #6

Just heard about this payment processor from google, nowpayments.io, if anyone who knows about it and if it's will be worth it listing the site in the op.

Also, change the URL of the coinbase to commerce.coinbase.com
Done


You have 4 listed website in your topic, meaning you've used all of them? Can you give a few comments about them? Which is better and which is more appropriate to use?
BitMaxz has commented and given a few sites that can be added, why don't you do that? His comment is also a suggestion  Roll Eyes
We are in the Community driven Forum, I gave you the list and you choose and tell about your experience, I can create another topic about experiences.
Add his suggestion Smiley


I updated your points. thanks

- Coinbase Commerce: AFAIK (I used to have an account there) you're not required to have a bank account or go through KYC. Where did you read that?

you need to have verified account i read it from they FAQ
Quote
This means any customer who signs up for Coinbase, as well as any customer who is currently on our platform who never verified their identity in the past, needs to verify their identity in order to continue using Coinbase.
yes you need to have some files and upload it.

- Both BTCPayServer and BitCartCC allow third-party hosting (a good option for the people without technical knowledge)
- Take off the "fees" field since they're all open source and none of them have any fees.
I will add it to pros.
Some Self-Hosted Bitcoin Payment Processors (open source) ask for fees  https://www.cryptowoo.com/

I also think it would be a good idea to add a column that indicates whether the payment processor is using SegWit or not.
I added lightning network, but if I see someone else request to add this part I will add.
2 or than it



I would also add Pundi X Point of Sale machines which I know are being used in Singapore. This is not online, but physical. You can basically pay at a merchant like a card, use normal bank cards or even with bitcoin wallets, it will process as normal. You just need to scan QR code. Not sure which other countries too but this should count right?

I will add it as a third option. Can you provide more services,  they are similar to brokerage in money transfers.
 if I see someone else request to add this part I will add.



Good and useful topic. I thought that there is just one self-hosted payment proccessor in the market - BTCPayServer. But seems that there is some more alternatives - good to know..
There is one more service offering payment gateway - Spectrocoin:
https://spectrocoin.com/en/accept-bitcoin-payments.html
Though, their reputation isn't the best one.
It is tooo dangerous, I have read their reputation and it contains some fraud reports so I cannot add them because the loss will be double.

And I think I found typo in your post. Under Coinbase requirements there is "erchant‘s bank account". Shouldn't it be "merchant's"?
yes it is merchant's sorry about that will add it

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July 05, 2020, 01:01:06 PM
 #7

Quote
This means any customer who signs up for Coinbase, as well as any customer who is currently on our platform who never verified their identity in the past, needs to verify their identity in order to continue using Coinbase.

That's for the exchange and not the payment processor service. From the FAQ page:

To sign up for an account, go to https://commerce.coinbase.com/signup.

- You only need an email address and we don’t require any documentation


A bank account is not required either. You can't convert your funds to fiat even if you wanted to:

At this time, Coinbase Commerce is a cryptocurrency-only service, meaning we do not support fiat conversion or withdrawing fiat to a bank account.

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July 07, 2020, 11:20:07 AM
 #8

I would also add Pundi X Point of Sale machines which I know are being used in Singapore. This is not online, but physical. You can basically pay at a merchant like a card, use normal bank cards or even with bitcoin wallets, it will process as normal. You just need to scan QR code. Not sure which other countries too but this should count right?

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July 07, 2020, 10:39:30 PM
 #9

Good and useful topic. I thought that there is just one self-hosted payment proccessor in the market - BTCPayServer. But seems that there is some more alternatives - good to know..
There is one more service offering payment gateway - Spectrocoin:
https://spectrocoin.com/en/accept-bitcoin-payments.html
Though, their reputation isn't the best one.
And I think I found typo in your post. Under Coinbase requirements there is "erchant‘s bank account". Shouldn't it be "merchant's"?

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July 15, 2020, 03:53:03 PM
Last edit: July 15, 2020, 07:32:59 PM by Husires
 #10

Update:  Cheesy

Added:

Self-Hosted Bitcoin Payment Processors:

Processor  
|
Connect to wallet
|
Convert to fiat
|
Lightning support
|
Altcoin?
|
Requirements
|
fees
|

|
Yes
|
No
|
No
|
No
|
PHP 5.6+, Wordpress 4.3+, WooCommerce 3.0+
|
$34 - $99 per year
|

Hosted Payment Processors

Processor  
|
Connect to wallet
|
Convert to fiat
|
Lightning support
|
KYC?
|
Requirements
|
fees
|

|
No
|
Yes Via uphold
|
Yes
|
Yes
|
Information about business
|
1% or ($30 - $300)/mo
|
|
Yes
|
No
|
No
|
Yes
|
pre approval required
|
No fees
|



You should review Bitcoin Payment Processors fees page, some of them have a lot of hidden fees.
Some hidden fees https://bitcointalk.org/index.php?topic=5262273.msg54797752#msg54797752

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July 15, 2020, 07:25:39 PM
 #11

@Husires, there is something wrong with Savvy.io website. When I visit their website, I get this error:
Quote
401 Authorization Required
nginx
And when I try to reload website, I get popup window with request to enter username and password to access website.

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July 31, 2020, 08:15:47 AM
 #12

up

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August 03, 2020, 08:36:35 AM
 #13

Nice and informative post. Kudos, OP!

Doesn't cryptowoo have a free version though?

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August 08, 2020, 09:16:07 AM
Merited by JayJuanGee (1)
 #14

Doesn't cryptowoo have a free version though?
It does. For paid versions, it's now from $64 up to $149.

Changes/corrections:

  • CoinGate doesn't offer its services for some countries [e.g. USA].
  • Coinbase doesn't have any fees for accepting crypto-currencies.
  • BitcoinPay redirects to Confirmo [you might want to change its name on the list].

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OmegaStarScream
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October 13, 2020, 06:19:10 PM
 #15

A small update regarding Coinbase... It's now possible to convert your crypto to cash or USD Coin by linking your Coinbase account. Transactions take 1-2 days. Again, it's only mandatory to go through KYC if you want to convert your crypto to fiat.

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October 18, 2020, 09:54:20 AM
 #16

Have you heard about EncryptCoin? I was researching about self-hosted cryptocurrency payment gateways and came across to this. Plugin is listed on WordPress.org and it seems to work similar to CryptoWoo.
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October 18, 2020, 11:29:27 AM
 #17

Have you heard about EncryptCoin? I was researching about self-hosted cryptocurrency payment gateways and came across to this. Plugin is listed on WordPress.org and it seems to work similar to CryptoWoo.
https://wordpress.org/plugins/encryptcoin/ this? Looks like a new plug-in. Installation number is very low and the publisher itself doesn't really have a reputation. I'd rather avoid it.

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OmegaStarScream
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October 18, 2020, 06:24:06 PM
 #18

Have you heard about EncryptCoin? I was researching about self-hosted cryptocurrency payment gateways and came across to this. Plugin is listed on WordPress.org and it seems to work similar to CryptoWoo.

I agree with joniboini. And even if we assume that you're capable of reading the code and finding the security vulnerabilities, I don't think the plugin is that helpful. Looking at the screenshot, it seems like you'll have to manually import (paste) addresses in order to receive payments...that's far from being an ideal solution. Blocknomics[1][2] is a good alternative.

[1] https://www.youtube.com/watch?v=tysaHV2CxPI
[2] https://wordpress.org/plugins/blockonomics-bitcoin-payments/

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Husires (OP)
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March 23, 2021, 07:31:30 AM
 #19

bump

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March 23, 2021, 03:12:38 PM
 #20

Maybe you can update this list of payment processors and add BitfinexPay service that accepts Bitcoin, Lightning Network BTC, Ethereum and USDT token.

You can also add second non-custodial service nash.io that have zero fees and accept Bitcoin and some altcoins.

I didn't test this two payment processors myself so I suggest to do your own research before using any of them.


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