crypto payment processor

According to a report by Checkout.com, 77% of merchants who accept crypto as payment observe an increase in cross-border sales. About 15,174 businesses worldwide currently use Bitcoin payment processing, with 2,300 of those businesses located in the U.S., indicating mass adoption is on the rise. Benefits of accepting cryptocurrency include lower processing costs than traditional fiat gateways (0.8% vs 3.5%), no chargeback fraud and rolling reserves, increased global reach and scalability, instant payments and 99% acceptance rate due to automated Anti Money Laundering systems. Popular cryptocurrency payment processors include BitPay, CryptoProcessing.com by CoinsPaid (EU licensed with 0.8% transactions fees and no set-up or monthly fees), Coinbase (low fee free up to $1 million but limited countries) and Crypto.com (specialised for ecommerce). Global ownership rate of crypto is at 4.2%, with over 320 million users worldwide - this indicates that mass adoption is occurring now more than ever before.