The cryptocurrency market is relatively young but has rapidly gained traction, moving steadily toward mainstream adoption. Digital currencies like Bitcoin, Ethereum, Ripple, and Litecoin are increasingly viewed as viable alternatives to cash, and businesses are exploring their potential for everyday transactions.
Research from the Neustar International Security Council (NISC) shows a strong interest in digital currencies among enterprises, with around 80 percent of organizations reporting they would consider using cryptocurrencies for business transactions. Despite this interest, many companies find accepting crypto payments challenging to implement.
To address that gap, London-based PayCoiner offers a cryptocurrency payment gateway designed to simplify accepting digital currencies. Merchants using PayCoiner can select which cryptocurrencies they want to accept. The platform emphasizes ease of use and an intuitive workflow, aiming to make crypto payments as straightforward as traditional fiat transactions.
Accepting Cryptos in E-Commerce
PayCoiner enables e-commerce businesses to start accepting cryptocurrency quickly. The onboarding process begins with registration and providing basic information, followed by choosing an implementation plan tailored to the merchant’s needs.
There are three main integration methods to add PayCoiner to a website:
- Plugin – a quick and easy option that installs directly into common e-commerce platforms;
- Downloadable PHP library – place the library in the appropriate location on your site and follow the integration instructions;
- API integration – for developers who prefer direct control, full API documentation is available to integrate PayCoiner programmatically.
PayCoiner positions itself as an affordable solution, charging transaction fees as low as 0.45 percent. The platform also locks the exchange rate when a customer initiates a transaction, ensuring the final payment amount is fixed at the start of the process regardless of market fluctuations.
Exchange Offer
PayCoiner is also well-suited for cryptocurrency exchanges. It supports a wide range of coins with the flexibility to add new assets quickly, and offers customized cooperation models for exchange platforms. PayCoiner currently partners with CoinDeal, an exchange focused on secure trading and competitive fees.
When using PayCoiner, both merchants and customers retain access to their private keys, and transactions are processed through servers that are not publicly accessible on the Internet to enhance security.
The platform’s adaptability allows any cryptocurrency to be integrated into an exchange within a short timeframe. Pricing for exchange partners is determined by a tailored payment plan that accounts for the number of users, supported cryptocurrencies, transaction volume, and overall throughput.
Verified Solutions
PayCoiner was developed by Verified Solutions, a software studio specializing in blockchain and cryptocurrency services. Verified Solutions has experience building crypto payment processors and related tools, and its team focuses on creating secure, reliable transaction processing.
Verified Solutions also serves as the IT partner for CoinDeal, contributing technical expertise to the broader collaboration.
As cryptocurrencies continue to move toward mainstream use, PayCoiner presents a practical option for businesses seeking to accept digital payments. By simplifying integration and focusing on security and usability, the platform supports the original vision of cryptocurrencies as a means of payment rather than solely an investment vehicle.
For project updates, PayCoiner maintains a presence on social media channels including Facebook and Twitter.
Accepting Cryptos in E-Commerce