How to Open a Bitcoin Merchant Account

A Bitcoin merchant account is a great way to accept payments from your customers without having to accept a credit card or a debit card, as the payment method is completely digital and cannot be traced. With a Bitcoin merchant account, customers can use their personal computer, smartphone, or even Bitcoin wallet to make purchases. This stress-free transaction system has made customers happy and increases profits for business owners. Every transaction can be traced, which makes it easy to verify for fraud. A Bitcoin merchant account is a way to send bitcoins. It's a great solution for any business.

ePay Global

If you are interested in bitcoins as a form of payment for your online business, you can sign up for a Bitcoin merchant account with ePay Global. This provider offers domestic and international merchant accounts with low fees. It also offers solutions to high-risk bitcoin merchants. You can apply online with your documents and receive a merchant bank account within a few business days.

Coinbase

Coinbase's merchant account is a great way to accept cryptocurrency payments on your website. The service's technology leverages the blockchain to make it easy for online businesses to accept payments in cryptocurrency. Coinbase offers a simple and integrated user experience. You can choose from more than 40 cryptocurrencies. It also offers merchant funds insurance, and can integrate with popular eCommerce platforms.

PayPal

PayPal allows merchants to accept bitcoin and other cryptocurrencies. This feature is only available to US users. PayPal last year allowed users to store certain cryptocurrency in their wallets, but it was not widely available. The company was surprised by the amount of demand and commented that this feature added stickiness to their wallet.

BitPay

If you are a business owner and would like to accept credit cards online, you should consider getting a BitPay merchant account. This online payment processing service is regulated under Georgia law and the laws of America.

Coinbase Managed Commerce

You can open a bitcoin merchant account with Coinbase Managed Commerce. This platform is completely free and doesn't charge any monthly fees or set-up fees. The only cost is 1% of the amount of each transaction, deducted from the value of the payment. Refunds are free of charge at Coinbase Commerce. It does charge a small fee per cryptocurrency transaction.

Coinbase Payments

A Bitcoin merchant account with Coinbase Payments will greatly simplify the process for accepting payments. Coinbase's managed commerce service enables merchants to accept Bitcoin, Ethereum, and USDC payments. It charges a transaction fee of 1%.