Digitization is a friend of innovation, and the world of e-commerce is no stranger to groundbreaking technology that brings about rapid changes.
In recent years, one significant evolution has been the growing acceptance of cryptocurrencies as a means of online payment. Cryptocurrencies’ decentralized nature, security features, and potential for rapid, low-cost transactions have made them increasingly appealing to consumers and businesses at the expense of conventional payment methods such as credit cards, bank transfers, and digital wallets.
Merchants and online shoppers alike are now more comfortable using cryptocurrencies due to their many advantages, which include cheaper transaction fees, global accessibility, transparent transactions, and many more.
When accepting cryptocurrencies on your eCommerce website, it is not sufficient to include a QR code or wallet address. To automate the process, facilitate ease, and eliminate bottlenecks, it is crucial to employ the use of crypto payment gateways on your checkout page.
In this article, we’ll discuss CCPayment as a crypto payment gateway and the solution it offers for eCommerce businesses.
What is a Crypto Payment Gateway?
A crypto payment gateway is a digital tool or service that facilitates the acceptance and processing of cryptocurrency payments for eCommerce businesses and merchants.
It serves as an intermediary between customers who wish to pay with cryptocurrencies like Bitcoin and businesses that want to receive these crypto assets for their products or services.
Crypto payment gateways operate as middlemen, facilitating secure cryptocurrency exchange between buyers and sellers. With a single crypto payment checkout page, crypto payment gateways allow you to accept multiple cryptocurrencies easily.
CCPayment is one such crypto payment gateway that simplifies the process of accepting crypto assets as payments for commodities. It converts fiat currencies into their corresponding crypto values, verifies payments, notifies you as a merchant, and provides top-notch security as well as accounting features to manage your business.
Hence, with CCPayment, you can expand your payment options and tap into the growing market of cryptocurrency users.
CCPayment as a Crypto Payment Gateway
CCPayment’s unique appeal is the ability to integrate a new payment method into your existing checkout page without writing a single line of code.
When you create a CCPayment account, you can simply set up preferences for your crypto checkout page and generate an API, which can be exported to the backend of your checkout page.
Simply put, when you integrate your personalized CCPayment’s Payment API to your checkout page, when customers click on an option to “pay with crypto,” they will be redirected to your CCPayment API deposit page, which will process the transaction for you and credit your CCPayment account.
With just a 0.03% service charge, CCPayment offers the best rates in the market, and you can process transactions worth hundreds of thousands with just a dime.
Moreover, CCPayment allows your users to pay with multiple cryptocurrencies, including popular ones like Bitcoin, Ethereum, USDT, etc., and other trendy ones currently popular among crypto enthusiasts. Hence, with CCPayment, you can enjoy the benefits of crypto payments without any obstacles, thanks to its simple setup and no-code integration.
Benefits of Using CCPayment
Several crypto payment gateway services allow you to accept cryptocurrencies as payment on your eCommerce website. However, CCPayment stands out due to the following reasons:
Security and Trustworthiness
As crypto payments get more popular and several service providers help merchants host their payment processes, the need to select one with robust security features is critical.
Indeed, crypto transactions are trackable, even when stolen. However, it is safer to keep assets safe rather than spend a lot of time and money attempting to retrieve lost assets. Below are the security features that make CCPayment stand out!
- Advanced Encryption Standard (AES): CCPayment’s core data is protected with the National Institute of Standards and Technology's (NIST) strongest encryption algorithm, the AES, to protect sensitive data.
The Advanced Encryption Standard (AES) is considered special because it operates on fixed-size blocks of data from 128 to 256 bits; it executes several rounds of substitutions and permutations to mask data in byte sizes in order to make data untrackable. Each round of the encryption process (substitution and permutation) is done with new “round keys,” which are generated from the main encryption key. Hence, the keys are expanded in the encryption process, which strengthens its security.
The AES is extremely secure and reliable; it is a U.S. Federal Government standard and, by extension, an international encryption standard.
- Dual-Key Encryption: Merchants’ and customers’ account assets on CCPayment are encrypted with a dual key mechanism, which uses two different keys for encryption and decryption. As a result, if a third party (e.g., external wallet) sends an encrypted message (transaction), they obtain CCPayment’s public key. However, the sent message can only be decrypted by CCPayment, and vice-versa.
As a result, users’ asset information is kept air-tight since the private key cannot be generated from the public key. So, CCPayment can share data back and forth with other parties without revealing private keys, which can, in turn, expose sensitive details.
- Real-Time System Monitoring and Dynamic Defense Measures: CCPayment is equipped to respond to any suspicious activity as it happens, reducing the window of opportunity for potential attackers. This swift response can include suspending transactions, isolating affected accounts, or initiating further security protocols, depending on the nature and severity of the threat.
We also utilize machine learning and artificial intelligence to recognize patterns and anomalies that may not be immediately apparent to human operators. As it learns and evolves, it becomes increasingly adept at identifying potential threats.
Wide Range of Cryptocurrencies Supported
CCPayment supports 900+ cryptocurrencies, including popular coins like Bitcoin and Ethereum, stablecoins like USDC, USDT, and BUSD, and even meme coins like DOGE, SHIB, and many other trendy cryptocurrencies.
Industry-Low Service Fee
CCPayment charges an industry-low service fee of 0.03%, which is 0.97% less than the industry average. As a result, you can afford to process a million dollars in payments with as little as $300 in transaction fees.
CCPayment helps you reduce your overhead costs, so you can maximize your profits, incentivize your customers for repeat purchases, and scale your business to gain a wider reach.
As described in previous paragraphs, you can set up a CCPayment-hosted gateway within minutes.
With your CCPayment API keys, you can add a crypto payment option to your checkout page. Hence, at a glance, you have the necessary tools and resources for seamless integration into your existing e-commerce platforms. Even without extensive technical expertise, you can easily set up your crypto checkout page.
The rise of cryptocurrency in e-commerce is driven by the increasing acceptance of digital assets among consumers and the numerous advantages they offer businesses.
CCPayment is a reliable bridge between e-commerce and the world of cryptocurrencies, offering a range of essential features and benefits. With enhanced security features and lower transaction costs, CCPayment empowers businesses to thrive in the future of crypto payments. It's a payment gateway that not only streamlines financial transactions but also propels businesses into the forefront of the digital economy.
Explore CCPayment and get started with easy payments for your e-commerce website.