For merchants and businesses of the twenty first century, dealing with fiat transactions only may not be enough. If alternative payment methods like crypto are vital parts of your payment stack, you should consider white label crypto payment gateway services to fuel your business.
Did you know that thousands of businesses worldwide accept either bitcoin or other forms of popular crypto currency payments? Whether directly or through online marketplaces that host small business shops, merchants all over the world diversify their payment acceptance methods via trusted crypto payment gateways.
What Is White Label Crypto Payment Gateway Software?
Similar to ordinary white label payment gateways, crypto payment gateways offer white-label ready-to-use payment software customisable for a business of any scale. The only difference is that white label crypto payment gateway providers focus on crypto currency acceptance rather than limiting their payment options to fiat.
Such ready-made payment processing solutions allow businesses to accept payments in cryptocurrencies under their own brand name, without having to build the technology from scratch. They can customize the checkout interface and customer experience as needed, while still relying on trusted payment infrastructure.
Key Features of White-Label Crypto Payment Gateways
Reputable white label crypto payment gateway software is characterized by the following features:
- Security and compliance – such payment gateways have pre-built fraud prevention, encryption, and AML/KYC tools.
- Multi-currency support – ability to accept a wide range of cryptocurrencies, including both altcoins and stablecoins, and sometimes also CBDCs or tokenized private market assets.
- Custom branding – brands customize the gateway with their own logo, color scheme, domain, and payment flow rather than sticking to neutral third-party settings.
- Easy integration – ready-made APIs, SDKs, and plugins for e-commerce platforms.
- Settlement options – seamless payouts in crypto or fiat, often with auto-conversion.
Why Do You Need to Add Crypto Options to Your Payment Gateway Software?
Crypto may be still far from mainstream, but it’s quickly gaining traction especially when it comes to stablecoins that are growing exponentially across numerous markets.
They are especially useful in cross-border payment settings, where stablecoins can potentially lower the currency exchange costs by up to 30%. This potential should not be overlooked as cross-border sales of products and services has long become the norm. Over 90% of businesses sell and ship items cross-border, skyrocketing the sales numbers across both B2B and B2C e-commerce markets.
With greater payment option variety often propelling business growth and conversion rates, merchants and brands have no reason to overlook the benefits of white-label crypto payment gateway.
White Label Crypto Payment Gateway Providers to Consider
Several fintech entities are working on white label crypto payment gateway development. Here are some of the most popular crypto payment gateway solutions with white label functionality.
CoinGate
CoinGate is favoured for its plug-and-play APIs and ready-made plugins for e-commerce and CMS. This white-label crypto payment gateway supports over 70 cryptocurrencies across various blockchain networks, including Bitcoin, Litecoin, Ethereum (including Layer 2 networks), USDC stablecoin, and many more. It helps merchants accept crypto payments in 180+ countries at transparent fees that could be as low as 1%. CoinGate also offers automatic conversion of crypto payments to fiat currency (EUR, GBP, or USD), making it convenient for merchants to use the funds for different scenarios. Among its customization features, there’s frontend branding, custom payment flow, sub-accounts and virtual ledgers.
NOWPayments
NOWPayments offers non-custodial white-label service with automatic payouts and fiat conversion. The solution stands out with the vast cryptocurrency support (over 300 various digital assets), low 0,5%-1% service fee, fast implementation via API documentation, available in 13 programming languages, and proprietary processing infrastructure that diminishes transaction processing time to less than 5 minutes.
ForgingBlock
ForgingBlock is another non-custodial, P2P-style white-label crypto payment gateway, with low merchant fees about 0.3%. It integrates with top e-commerce shopping carts and offers customers a multi-currency payment wallet as a turnkey solution. The gateway supports multiple crypto currencies, including Bitcoin (including via Lightning Network), Ethereum, Polygon, BNB Chain (BSC), Arbitrum, Base, and DAI stablecoin. From the technical standpoint, the platform’s benefit is using a single API for all blockchains to simplify integration. It also offers an admin dashboard with invoice management and white-label analytics.
Why Use White Label Crypto Payment Gateway Software?
Merchants who want to offer crypto payment acceptance as part of their services under their own name and brand identity have two options. Either they should develop a proprietary payment gateway solution on their own, which might take a lot of time, effort, money and even additional staff, or they can choose plug-and-play crypto payment gateway infrastructure from white label service providers. Both variants are fine, but they must go along well with the general corporate strategy.
Some of the reasons to set your eyes upon white label crypto payment gateway development services are:
- Faster go-to-market: There’s no need to build complex blockchain infrastructure yourself. While typical timeframes for building a custom crypto payment gateway range between 6-12 months, with white-label crypto payment gateway solutions you may finish customizing and implementation within just a few weeks.
- Lower costs: Saves money compared to developing and maintaining in-house. Besides development costs, you don’t need to hire a dedicated dev team with blockchain and payments expertise for maintaining the gateway.
- Scalability: Providers keep the system updated with new coins and security features. Moreover, it all happens automatically, without effort on the merchant side.
- Focus on brand: End customers see your company, not the underlying provider.
To Sum Up
White-label crypto payment gateway software is best suited for merchants and businesses that want to accept cryptocurrency payments quickly, cost-effectively, and under their own brand identity. These may be e-commerce merchants, brands focused on customer experience and those lacking in-house blockchain expertise, or any other businesses that strive for fast implementation and seamless scalability.
