Crypto Payment Gateways Emerge in India: A New Era for Merchants
Crypto payment gateways have become increasingly popular in India as businesses seek alternative methods to traditional payment systems.
These platforms offer faster transactions, lower fees, and the ability to accept multiple currencies, making them an attractive option for merchants looking to expand their customer base.
One such gateway is Cryptomus, which boasts a global presence and supports over 120 cryptocurrencies. It offers tools to mitigate crypto volatility and provides straightforward integration with APIs, plugins, and personalized payment pages.
Kyrrex is another prominent player in the market, offering an easy-to-use platform tailored for Indian businesses. It enables merchants to receive Bitcoin and other cryptocurrencies with fees near 1%, with optional automatic INR conversion.
Unocoin Merchant Gateway, provided by one of India's established crypto exchanges, charges about 0.7% for payments and utilizes the Lightning Network to process transactions swiftly and affordably.
Blockonomics offers a non-custodial gateway where payments go straight to the merchant's wallet, ideal for businesses that want to avoid traditional banking or KYC limitations.