Which crypto payment processor do you use for your business?

[coinremitter]

There are many crypto payment processors all around but only few of them have the best features like prime security, free plugin, low transaction fees etc. so in your opinion which payment processor you choose and will you think about these features to choose the one?

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[cheezcarls]

In the Philippines, the most common one being adopted is Binance Pay. There is a post days ago in which a "carinderia" or simply known as a traditional Filipino style of small resto selling mostly common Filipino dishes where they accept Binance Pay.

Here is the image I wanna share from Facebook (full credits to Karrel Xavier Larayos via Binance Filipino group)



If I were to have my own traditional business later on, Binance Pay is the most likely choice for me. My sister who is a co-owner of a restobar currently accepts Coins.PH as mode of crypto payment, but will open it up to her about Binance Pay later on.

[EarnOnVictor]

Presently, I don't have a business using crypto processors, however, I know what is going on in the market. Before choosing this, you must weigh your business's size as offers/benefits vary with the industry's competition. Processors are somewhat secure but nothing on the internet is 100% secure, you should know that, and they always have almost the same transaction fees.

Nonetheless, you can trust all the ones listed below, still, you have to research each one based on what you want for your business as they have their varied services even beyond the mere acceptance and processing of your crypto. Your location matters too.

1. Bitpay
2. Coinbase commerce
3. Binance pay
4. Alfacoins
5 Coingate

[blckhawk]

~

Do people really pay in Binance though? I'm curious because I see this all the time whenever I eat on my favorite and I don't see a lot of electronic transactions done through this so it got me thinking whether they are being used or not. Options are a good thing so I don't mind having that, maybe when I one, I might try paying that way.

[joniboini]

If I were to have my own traditional business later on, Binance Pay is the most likely choice for me. My sister who is a co-owner of a restobar currently accepts Coins.PH as mode of crypto payment, but will open it up to her about Binance Pay later on.

Why would you limit yourself to one choice though? I mean, you can simply use two or three payment gateway depending on what customers you serve. Limiting to Binance Pay or something similar that only accepts payments from one app is not really the best choice, especially if you want to deal with customers who value their privacy. On top of that, an open-source and self-hosted solution is better in terms of control and fees afaik. That being said, I guess tho who want to use instant crypto payments probably don't care that much about which payment gateway you use. CMIIW.

[FatFork]

Do people really pay in Binance though? I'm curious because I see this all the time whenever I eat on my favorite and I don't see a lot of electronic transactions done through this so it got me thinking whether they are being used or not. Options are a good thing so I don't mind having that, maybe when I one, I might try paying that way.

Of course, there are many other options available as well, such as BitPay or Coinbase Commerce, to name a few. But that doesn't mean Binance Pay is a less acceptable option. Let's say that you as a merchant already have a verified account with Binance, it makes sense to use their payment processor service instead of opening and verifying an account with another company. In addition, Binance Pay offers some unique benefits such as zero fees, which can be appealing to businesses looking to save on processing costs.

However, despite Binance being a known player in the crypto industry, their payment processing service is still relatively new and may not have the same level of adoption as more established processors. It's always a good idea to do your due diligence and research the pros and cons of each option before making a decision.

Why would you limit yourself to one choice though? I mean, you can simply use two or three payment gateway depending on what customers you serve. Limiting to Binance Pay or something similar that only accepts payments from one app is not really the best choice, especially if you want to deal with customers who value their privacy. On top of that, an open-source and self-hosted solution is better in terms of control and fees afaik. That being said, I guess tho who want to use instant crypto payments probably don't care that much about which payment gateway you use. CMIIW.

To me, using multiple payment processors seems like an unnecessary inconvenience. If the payment processors do not provide any additional advantages, why bother integrating them? As you mentioned, most customers are likely not concerned about which payment gateway you utilize as long as the payment process is seamless. It's best to select a payment processor that is compatible with all wallet types and offers the best options for the merchant, and stick to it.

[tabas]

This thread isn't about the discussion that you've set OP but about the service that you represent. I guess it's better if you just made this thread as an announcement thread instead of making it look like as a discussion but ends up you want to draw people's attention to coinremitter. Well, as obvious as your username and being a representative of them.

[hugeblack]

I guess it's better if you just made this thread as an announcement thread instead of making it look like as a discussion but ends up you want to draw people's attention to coinremitter. Well, as obvious as your username and being a representative of them.

The problem is that he advertised in the form of a question, meaning that the intent of creating the topic was not the intention of discussion, but rather to promote his service.
If you want to promote your service, there is a dedicated board ---> https://bitcointalk.org/index.php?board=84.0  just made an ANN topic.
You can also compare what your service can offer with other services, similarities, differences and why your platform is better. Thus, you will gain more clicks on your link, but what is happening now will give the opposite result.

It is also better to use this account for this service only.