Cryptocurrency payments will become as regular as traditional payments soon. Nowadays, many businesses have started giving them equal importance. Coinremitter is a widely used platform to accept crypto payments. It is quite popular among businesses. We decided to find out the reasons for its popularity. So, we tried to reach out to businesses that use this crypto payment gateway.
Many of them talked about some specific ‘features’. So, let’s discuss some features of this crypto payment processor that are valued by businesses.
Top CoinRemitter Features for Businesses
Gas Station
Businesses are always worried about the impact of fees on profits. Higher fees may result in lower profit margins. Also, they may not like to increase profit margins by increasing prices, as they want to maintain competitive pricing.
Here, a cryptocurrency payment gateway with low fees can be helpful. Businesses actively use the Gas Station feature by CoinRemitter to reduce USDT, USDC, ETH, and BNB transaction fees. They said that the Gas Station helps them reduce transaction fees by up to 60%.
Crypto Payment Integration Features
Integrating cryptocurrency payments into websites is quite necessary. This way, businesses can show that cryptocurrency payments are built into their websites. However, there are a few hurdles:
- Technical Complexity: Some business owners may not have the required coding skills.
- Compatibility: Some features (especially plugins) may not be compatible with all platforms.
According to many businesses, CoinRemitter’s variety of integration features solves these issues. Crypto payment plugins and widgets remove technical complexity, as they don’t require coding skills. While the crypto API removes the compatibility barrier with unmatched flexibility. Below is a brief explanation of all the crypto payment integration features.
- Open-Source Plugins: Installable plugin files for WordPress, Magento, OpenCart, PrestaShop, PHP, Laravel, and Node.js.
- Crypto API: Custom and flexible integration option.
- Widgets: A user-friendly set of features for those who can’t code. It allows widget configuration inside the system, and generates code or a URL based on design and payment preferences. Below are the types of widgets on this platform:
- Pricing Widget: For tiered pricing plans.
- Presale Widget: For crypto presales or ICOs.
- Payment Button: For business payments and fixed-amount donations.
- Payment Page: For business payments and fixed/custom-amount donations.
Security Features
This crypto payment processor doesn’t rely on a single security feature. Instead, there are multiple security features that try to give you complete control over your account. Businesses believe that 2FA and login shield correctly help them prevent unauthorized access. The ‘Login History’ helps them identify any suspicious activity in their account. The ‘Active Login’ helps them end suspicious active login sessions.
API Withdrawals
This crypto payment gateway has a feature named API Withdrawal. This feature helps them withdraw funds directly from the crypto API docs. Businesses that use this feature find it convenient and secure. This feature allows withdrawals from the API using the credentials of an internal wallet. Since the process is short, it’s considered convenient and time-efficient. Also, no withdrawals can be made without wallet credentials, which makes this feature secure. CoinRemitter also allows businesses to disable this feature if they think that their wallet credentials are under a security threat.
Quick Settlements With Auto Withdrawals
Businesses prefer having quick control over their funds. So, they avoid cryptocurrency payment gateways that hold their funds for a long time. With the Auto Withdrawal feature, businesses report settlement of funds every 30 minutes. These settlements are done via internal to external wallet fund transfers. This is one of the most favorite features of many businesses, as it releases funds quickly and helps them plan better.
Final Thoughts
CoinRemitter offers practical, cost-saving, and secure crypto payment solutions. Due to its flexible integration options, fast settlements, and useful security, it has gained an image of a trustworthy crypto payment processor. It solves many real payment challenges. Therefore, it is a reliable choice to accept payment in crypto for many businesses.