Which Payment processor do you use/recommend?

piloder

legendary

Activity: 966

Merit: 1006

Quote from: webtricks on December 22, 2016, 09:22:28 AM

I recommend Coinbase. However, they are alleged but still its almost year I am using coinbase and never got any problem.
Moreover, I haven't paid a single satoshi in fees on Coinbase till now. They allow free send/receive bitcoins without any fees right from 0.0001 BTC.

It is nice to see that you haven't got any problem using coinbase till now but there are many other merchants and users who got their account blocked without any good reason from coinbase.

Bitpay is very nice and i have also used them while paying in different merchants and never got any problem.

webtricks

legendary

Activity: 1918

Merit: 1728

I recommend Coinbase. However, they are alleged but still its almost year I am using coinbase and never got any problem.
Moreover, I haven't paid a single satoshi in fees on Coinbase till now. They allow free send/receive bitcoins without any fees right from 0.0001 BTC.

cryptoheadd

hero member

Activity: 1036

Merit: 501

Thanks everyone for their posts.
I chose to use BitPay & Blockonomics.co

Jaxelrell

member

Activity: 85

Merit: 10

Bitpay is pretty good never had any issues with them and they can also be trusted plus they are one of the most popular one's.

BoXXoB

legendary

Activity: 2018

Merit: 1108

BitPay for sure, never had a single problem at all using them. Coinbase probably wouldn't be the worst option but as mentioned their problems with the IRS may cause something.

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

i wouldn't recommend coinbase at all, they are under attack from IRS and there is always a possibility they go under because of pressure and users cashing out.

bitpay however seems to be a good choice and i have been seeing it a lot more than any other processor. and as someone who have used bitpay for paying for services and goods i liked the user experience.

OrangeII

hero member

Activity: 2170

Merit: 503

Reward: 10M Shen (Approx. 5000 BNB) Bounty

I feel that the best payment processor for use is Coinbase. Well, Coinbase have a very good security system, even compared with blockchain. in addition, the user looks very simple, so that new users can understand how to use it quickly. Well, Coinbase have a very high confidence of the users, it makes it better.

AndreXavier

full member

Activity: 172

Merit: 100

I recommend Coinbase or Kraken for Bitcoin transactions.

jacktheking

legendary

Activity: 1484

Merit: 1001

Personal Text Space Not For Sale

BitPay and CoinBase are the two top processors that a lot of companies uses. As a consumer, I personally prefer to use BitPay because there are much more user-friendly and hence easier to use. To be honest, both BitPay and CoinBase is about the same because I use Mycelium mobile wallet, all I need to do is to scan the QR code.

I don't really care what payment processors the business that I am purchasing is using. All I care is that the process will be easy and fast. I'd recommend you to go with BitPay or CoinBase since most companies uses them - hence giving your customer a similar payment gateway layout will simplify the explanation process for you..

avikz

legendary

Activity: 3080

Merit: 1500

For your e-commerce store, I will recommend you to use coinbase service because they will deduct no fees for sending out payments. So it is a great savings to you. However, I won't recommend keeping a huge amount of bitcoin in coinbase account because if they goes down, you will suffer a great loss.

For transaction, coinbase is great. But for storing you bitcoin, use hardware wallet. You will have to download the entire blockchain which is huge, but it is worth the security you will get from it. After all, saving money in a secure place, is all we need to do. So hardware wallet is a great place to store your hard-earned money.

cryptoheadd

hero member

Activity: 1036

Merit: 501

Thanks, I'll check them out.

Quote from: veleten on December 17, 2016, 11:43:40 PM

voted BitPay
avoid Coinbase in the line of them being under scrutiny by the agencies
and they may even be forced to succumb to pressure and give their customers' info to IRS
you would not want your business watched by a Big Brother

Quote from: ~Bitcoin~ on December 18, 2016, 12:08:24 AM

I have voted for bitpay they are used by wide range of merchants and are also comparatively cheaper than other alternatives. 1% fee they have is nothing and almost free compared to others.

I haven't tried other platforms so i have no idea about them, integration of bitpay is also quite easier and support is of top quality even they refund in case of some technical problems from their side.

Quote from: cengsuwuei on December 18, 2016, 03:26:31 AM

the best payment procesor
if you want open online store and payment use bitcoin, is the best bitpay
good interface, good API and conection to your site
and majority online store use bitpay

Quote from: SFR10 on December 18, 2016, 12:39:17 AM

BitPay followed by GoCoin would be the best options among the current ones since their being widely used. The worst option would be Coinbase since the amount of complaints are above others (simple search would show you a lot).

Some other choices (take precautions since their not well known):
PAYMIUM - https://paymium.com/page/services#merchants
BitKassa - https://www.bitkassa.nl/
bitonic - https://bitonic.nl/merchant
LitePaid - https://www.litepaid.com/

cengsuwuei

hero member

Activity: 714

Merit: 516

#SWGT PRE-SALE IS LIVE

the best payment procesor
if you want open online store and payment use bitcoin, is the best bitpay
good interface, good API and conection to your site
and majority online store use bitpay

SFR10

legendary

Activity: 2968

Merit: 3406

Crypto Swap Exchange

BitPay followed by GoCoin would be the best options among the current ones since their being widely used. The worst option would be Coinbase since the amount of complaints are above others (simple search would show you a lot).

Some other choices (take precautions since their not well known):
PAYMIUM - https://paymium.com/page/services#merchants
BitKassa - https://www.bitkassa.nl/
bitonic - https://bitonic.nl/merchant
LitePaid - https://www.litepaid.com/

~Bitcoin~

legendary

Activity: 994

Merit: 1000

I have voted for bitpay they are used by wide range of merchants and are also comparatively cheaper than other alternatives. 1% fee they have is nothing and almost free compared to others.

I haven't tried other platforms so i have no idea about them, integration of bitpay is also quite easier and support is of top quality even they refund in case of some technical problems from their side.

veleten

legendary

Activity: 2016

Merit: 1107

voted BitPay
avoid Coinbase in the line of them being under scrutiny by the agencies
and they may even be forced to succumb to pressure and give their customers' info to IRS
you would not want your business watched by a Big Brother

cryptoheadd

hero member

Activity: 1036

Merit: 501

I'm planning to set-up an ecommerce store soon and was wondering which one do you use?
I'll be using Prestashop and would prefer using one that has a module for the same.

BitPay has a prestashop module but there's a lot of KYC involved.
Coinbase is kinda centralized, so...
I'm leaning towards using a straight-to-wallet gateway like Mycelium Gear and Blockonomics.
What do you think?

Feel free to mention any other service provider that I have missed.

Topic: Which Payment processor do you use/recommend? (Read 652 times)