Accept Bitcoin Payments With Our Easy to Integrate Payment Button

Sheetz is an American chain of convenience stores and gas stations that has been in operation for over 50 years. Sheetz is an ideal place for stocking up on groceries, fuel, and even beer. You can order your goods online and collect a bag with them at Sheetz. Recently, the company made the announcement that it’d begin accepting cryptocurrencies such as Litecoin and Ethereum in the summer of 2021. For now, the decision only involves its stores, but Sheetz representatives have stated that paying with crypto at its gas stations will be made possible later throughout the year.

how to accept litecoin payments

For that reason, users can send, receive, store, and pay with digital assets without a central authority that can censor or limit access to the platform. Small businesses can also take advantage of the crypto craze, and they can easily accept digital payments with the help of online payment processors. These processors typically offer a 1% or less transaction fee, which is less than the fees you’ll pay on most credit cards. With so many people using cryptocurrencies like Bitcoin, businesses should consider accepting crypto payments from customers. The gambling industry was among the earliest adopters of cryptocurrencies because casinos instantly saw high potential in the fast, secure, and anonymous way of paying for these services.

Talking about its functionalities which includes a multi-currency wallet, currency swap, create an invoice, No KYC requires, and the most prominent is the low transaction fees 0.23%. By accepting Litecoin payments on your site, you can serve the needs of your current and future customers. Ultimately, it will differentiate your business presence from your competitors. It’s a decentralized peer-to-peer digital currency that enables instant and low-cost payments to anyone worldwide. NOWPayments will give your customers the list on 100+ cryptocurrencies they can use to pay for goods and services.

Our best expert advice on how to grow your business — from attracting new customers to keeping existing customers happy and having the capital to do it. GrowOur best expert advice on how to grow your business — from attracting new customers to keeping existing customers happy and having the capital to do it. For instance, Litecoin’s block times currently average out at around 2.5 minutes, making it 4x faster than Bitcoin’s at around 10 minutes. Due to this faster block production, transactions have the ability to be included in a block at a faster rate compared to Bitcoin, increasing its transaction throughput.

What benefits merchants can get from using the Litecoin payment gateway:

You can learn how to accept cryptocurrency for your business using payment gateways like NOWPayments here. Litecoin is a peer-to-peer cryptocurrency that was released in October 2011, making it one of the longest-withstanding cryptocurrencies. The years following its launch, LTC became a popular alternative to Bitcoin due to its cheaper fees and faster block times. While some may say that Litecoin is Bitcoin’s near-identical twin, there are a few differentiating factors between the two.

how to accept litecoin payments

Clients searching for professional web hosting solutions can pick a plan which suits their business needs best. You can also register a domain name of your dream with Snel at any moment since the service is live 24/7 and for as little as 7.50 euros. Snel provides highly competitive pricing and offers discounts if you use Litecoin, Bitcoin, Ethereum, or other cryptocurrencies. Snel supports a total of 20+ payment options, making their service easily accessible. Snel is a great place to set up your cloud hosting infrastructure without the need to pay for it with cash or use fiat.

Litecoin Summit After Party (8pm-11pm)

To start accepting cryptocurrency, merchants can set up a Litecoin payment gateway with STICPAY. Gift Cards Select from 2000 Gift Cards to buy with bitcoin or other digital assets supported by CoinGate payment solution. All in all, accepting Litecoin is a win-win option for high-risk merchants. However, Litecoin requires redirection, and you might lose money on the exchange. A screenshot showing Litecoin’s value when the fake story broke, as seen on the cryptocurrency exchange Coinbase. Both cryptocurrencies are based on the blockchain and feature decentralized peer-to-peer networks.

The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development. With a global presence in over 190 countries and a strong foothold in Asia, STICPAY offers its customers a cost-efficient, convenient, and secure way to handle who accepts litecoin their everyday finances. Instead, Litecoin is often seen as the „silver to Bitcoin’s gold,” with LTC often serving as a testing ground for the latter cryptocurrency project in network development and upgrades. The exchange rate of FIAT varies, and there is nothing we can do about it.

  • Businesses can easily track each customer’s transactions via the payment gateway’s reporting feature.
  • In its simplest form, all that is needed to receive Litecoin payments in Ruby is to display a Litecoin address to the customer.
  • The platform always updates its software in order to minimize security threats to the clients.
  • Acceptance of Litecoin payments will put cash within your grasp faster than when accepting payments via cards.
  • So before you can obtain and maintain Bitcoin, you’ll need a wallet.
  • So, if you are looking for an opportunity to exchange your LTC coins for a reliable hosting solution, HostMeNow should definitely be an option to consider.
  • List your business on sites like CoinMap.org, make promotional graphics, online and offline, and add your company to other lists of those that take Bitcoins and cryptocurrencies.

Apply here to start accepting Litecoin as a payment method on your website. Over the last decade, the way we can receive value over the internet has dramatically shifted from traditional https://xcritical.com/ payments to programmable money. Cryptocurrencies like Litecoin have emerged and can be embedded into online shops or e-commerce sites to receive customer payments.

As a result, there are many online casinos that offer lucrative benefits to users who prefer playing with crypto. 1xBit is one of the most prominent gambling platforms in the crypto world because of its history. Having been established in 2016, the platform has grown into a major betting and gambling platform. The company also accepts Litecoin and lets users deposit their coins. 1xBit is truly a universal platform because it features five thousand games and up to one thousand sporting events.

CryptoGames

As the blockchain networks of digital assets lack the middlemen, crypto transactions feature inexpensive costs ($0.01 for Litecoin transactions on average). The Litecoin payment gateway service automatically converts the fiat value of the customer’s order into LTC using a fixed or real-time exchange rate. To keep all payments received in a cryptocurrency (i.e. receive payments in litecoins) on Plisio, verification is not required. Litecoin’s price history reveals it to be one of the best performing digital currencies with a stable price since its inception.

It claimed that Walmart would “offer their shoppers to use Litecoin to benefit from the features of cryptocurrency.” Then, just as quickly as the news spread, it all came falling apart. Monitoring over five global exchanges, STICPAY features an integrated fiat-to-crypto and crypto-to-crypto currency converter with excellent market exchange rates. The booming crypto market, which is expected to expand by a 60.2% Compound Annual Growth Rate by 2025, offers businesses an excellent opportunity to capitalize on. To limit the merchant’s risks, the payment gateway specifies the timeframe in which the user has to complete the transfer. Interestingly, while the two cryptocurrencies closely resemble each other, neither digital asset project views the other as a competitor.

It is also known as LTC and is the third-largest cryptocurrency evaluated by industry capitalization after Bitcoin and XRP. By adding Litecoin as a means of payment to your website, you can significantly expand your business, attract new tech-savvy customers, and also stand out among competitors. It’s clear that most of the well-known names in the business world currently do not accept Litecoin or any other cryptocurrency.

Trading Litecoin with Bollinger Bands

And best of all the CoinGate WooCommerce plugin quickly allows you to integrate your online store with CoinGate’s service. The service has no payment limits, offers competitive fees, and, most importantly, is intuitive and user-friendly. It is worth bearing in mind that some digital payment processor services actually provide an online wallet service . One of the longest-running services for cryptocurrency payments is CoinPayments, which has been helping businesses worldwide since 2013. CoinPayments acts as a payment processor for both in-person transactions and online platforms, and it supports numerous cryptocurrencies. The company’s plugins work with nearly every major e-commerce service, including Magento, Shopify, OpenCart and WooCommerce.

how to accept litecoin payments

NOWPayments offers 16 merchant tools allowing to implement crypto payments on any website, service and brick&mortar store. UnlockBase is a service that helps you unlock a stuck/locked iPhone device. The team has been around for over a decade, offering plenty of experience and making the process very smooth. The company even offers a money-back guarantee if you are unsatisfied with the service.

What businesses benefit from accepting Litecoin?

People all over the world use Ethereum to make payments, as a store of value, or as collateral. Once your wallet address has been entered the HTML snippet, payment link and payment button will be automatically created for you. Now simply click the payment button to view your new payment page to share directly with your buyers — or on a website, email, SMS etc.

Bitcoin 2022: What to Expect with BitPay

CoinGate is a digital payment processor service that accepts over 70+ cryptocurrencies across 70+ countries. Silicon Valley-based CoinBase might best be known as one of the top marketplaces for buying and selling Bitcoin and other cryptocurrencies. Still, it also has a Commerce product that makes it easier for businesses to accept digital payments. However, unlike similar services, CoinBase Commerce encourages companies to “be your own bank,” and the platform gives the company granular control of assets. PayPal, one of the largest online payments companies globally, recently announced that consumers would be able to pay merchants in the PayPal network with cryptocurrencies. More than 29 million merchants online use PayPal, so this new move will make it much simpler to accept crypto payments.

Computers, monitors, headphones, TVs, cameras, are the products which you will always be able to find at Exotique Entertainment. The company is also extremely crypto-friendly since it accepts different cryptocurrencies. Litecoin is one of the payment options at Exotique Entertainment. Litecoin users stay anonymous and are not required to share their personal info to use the blockchain. In other words, there are no KYC or other authorization procedures. Businesses that use Litecoin, thus can offer it as a private payment method.

Using COINQVEST, it is no longer necessary to continuously monitor various blockchains for payment transactions. COINQVEST creates cryptocurrency payment transactions on your behalf and automatically notifies you once the payment has been settled. Fortunately, COINQVEST provides a suite of APIs and a convenient NodeJS software development kit for online merchants and e-commerce site who wish to accept Litecoin payments. One of the newest global cryptocurrency processors is TripleA, which was founded in 2018 in Singapore by serial entrepreneur Eric Barbier.

This means that there are many people who have this coin in their wallets. There are also many stores and other businesses that accept LTC as payment. Check out this article to learn which brick-and-mortar stores feature Litecoin payments and find out how you can deploy your own LTC payment gateway. The easiest way may be to use a Bitcoin payment processor service with existing… Mollie is a payment gateway solution that is committed to making online payments easier.

Paying for such services with Litecoin makes the experience even more convenient since you can conduct a fast P2P transaction. List your business on sites like CoinMap.org, make promotional graphics, online and offline, and add your company to other lists of those that take Bitcoins and cryptocurrencies. Here are six companies that can help you accept Bitcoin and other cryptocurrency payments. Start accepting Bitcoin, Ether, NANO and other cryptocurrency payments on your website or store.

Dodaj komentarz

Twój adres e-mail nie zostanie opublikowany.