Crypto Payment Processor & Merchant Account Provider

Fast and secure cryptocurrency payment processing  is possible with PayFasto’s Crypto merchant account. With tailored expertise in the industry, you can now enjoy seamless crypto payment processing, fraud prevention and faster transactions with  Payfasto. 

Some Of Our 500+ Happy Customers

Some Of Our 500+ Happy Customers

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What you get with Payfasto's Cryptocurrency Merchant Services

You get a single merchant solution catering to all your crypto merchant payment activities. Enjoy Top-notch crypto merchant account services with unbeatable expertise in the cryptocurrency industry. Experience outstanding 24/7 support accessible via WhatsApp, live chat, and more. 

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Fast and Reliable Crypto Payment Processor

As a leading crypto payment processor, we specialize in providing customized solutions for businesses looking to integrate digital currency transactions seamlessly.

Our mission is to empower your business with secure, efficient, and reliable payment processing – including support for Bitcoin and Ethereum – freeing up your time to focus on your core operations.

We offer the best payment gateway that lets your business accept digital currency payments for your products or services from customers worldwide, ensuring secure and reliable transaction handling.

Our comprehensive suite of services, such as smooth payment integrations and specialized high-risk merchant account solutions, is tailored to meet the unique needs of businesses in the cryptocurrency industry.

Why are cryptocurrency merchant accounts considered high-risk?

Payment processors often consider these transactions high-risk due to their volatile nature and complex regulatory landscape. Their value can fluctuate rapidly, posing financial risks for businesses.

Moreover, the legal status of these transactions varies globally, making compliance a challenging task.

Traditional financial institutions are also cautious due to concerns about the potential misuse of cryptocurrencies in illicit activities. This can lead to higher fees or even refusal of services for businesses seeking cryptocurrency payment solutions.

Given these challenges, businesses in this sector must partner with a dedicated payment processor. A high-risk crypto payment provider is equipped to handle these transactions’ unique demands and regulatory hurdles.

PayFasto offers payment solutions for every niche

Looking for a payment processor that truly understands the specific requirements of your business? PayFasto is your answer. We cater to diverse sectors within the digital currency ecosystem.

Whether you run an exchange, gambling platform, NFT marketplace, or simply want to accept digital currency payments, PayFasto stands out with its ability to meet all your transaction needs.

Our payment processor ensures that your customers can easily make purchases using their preferred digital currencies. This capability not only enhances customer convenience but also builds loyalty and trust.

Choose PayFasto as your go-to digital currency payment processor

The payment gateway for crypto exchange

Ensuring smooth and secure transaction processing is crucial for cryptocurrency exchange platforms. PayFasto offers specialized services designed to enable your exchange to effortlessly manage transactions across multiple digital currencies.

Our advanced high-risk payment gateway equips your platform with the capability for instant and reliable transfers, providing your users with a secure and confident trading experience.

Payment gateway for gambling

The gambling industry demands secure and swift transactions, and PayFasto is here to deliver. Our payment processor lets you accept a wide range of digital currencies, ensuring smooth transaction processing for your users.

Whether they be placing bets or enjoying casino games, you enhance your customer experience by offering efficient and reliable payment options.

NFT payment processing

In the dynamic realm of Non-Fungible Tokens (NFTs), PayFasto offers specialized payment solutions designed for NFT marketplaces. Our services streamline transactions, providing a secure and efficient platform for artists, collectors, and enthusiasts to buy and sell NFTs.

With our NFT payment gateway, you can tap into the booming NFT market and provide your users with a frictionless payment experience using our NFT merchant services.

Bitcoin payment processing

Bitcoin remains highly influential in the digital financial landscape. PayFasto offers efficient and secure Bitcoin payment processing services, enabling your business to tap into the expanding Bitcoin user base.

By incorporating our payment solutions, you can provide a smooth and secure payment experience for customers using Bitcoin, enhancing your business’s accessibility and appeal in the digital currency market.

Ethereum (ETH) payment processing

Ethereum, known for its smart contract capabilities, has significantly impacted the digital currency landscape. With PayFasto’s Ethereum payment processing, your business can accept Ethereum payments effortlessly.

Suitable for various platforms, including online stores, service platforms, or NFT marketplaces, PayFasto ensures smooth and secure transactions using Ethereum.

Crypto wallet payment gateways

Digital wallets are at the heart of the ecosystem. PayFasto enhances this experience with our digital wallet payment processing services, designed to streamline transactions.

Our solutions cater to various wallet functions, from managing balances to sending and receiving payments, ensuring that each transaction is secure and efficient. This approach simplifies the user process, making digital wallet transactions more accessible and user-friendly.

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Why choose PayFasto as your cryptocurrency merchant account provider?

In the fast-paced digital currency world, selecting the right merchant account provider is critical, especially for high-risk businesses. Here’s why choose PayFasto:
  • Crypto industry expertise: Our team knows the ins and outs of the digital currency world. We understand your unique challenges and offer tailored solutions to meet your business needs.
  • Global reach: PayFasto lets you accept crypto payments from customers worldwide. This opens up exciting new opportunities for your business to grow and reach new markets.
  • Enhanced security: Our advanced security measures include the latest encryption technology to ensure that your customer information and every transaction are protected.
  • Seamless integration: Whether you run an online exchange, a digital marketplace, or an NFT platform, our payment gateway fits right into your existing setup.
  • Transparency: Our crypto payment processing is 100% transparent. You will get regular updates on payment status.  
  • 10+ Years of experience: With over a decade of experience handling crypto payment processing for high-risk merchants, your business is in good hands. 

Here’s how you can start getting paid using PayFasto:

How do I accept crypto payments for my business using PayFasto?

Step 1: Choose your accepted digital currencies

Decide on the digital currencies you wish to accept, such as Bitcoin, Ethereum, or other altcoins. PayFasto will assist in integrating these options smoothly with our merchant account services.

Step 2: Open a crypto merchant account with PayFasto

We offer customized merchant account solutions to fit your business needs. Our team will guide you through the application process, ensuring you meet all the necessary criteria for approval.

Step 3: Integrate the payment gateway

Our payment gateway is designed for easy integration with your website or platform. Customers can select their preferred digital currency and complete transactions securely.

Step 4: Enjoy secure and efficient transactions

With PayFasto’s crypto payment processor, you can rest assured that each transaction is secure, transparent, and efficient.

NO LIMITATIONS

Our Integrations

You’ll be well-connected to of the apps you know and love – even if you’re operating in a high-risk industry.  

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YOUR QUESTIONS

Frequently Asked Questions

What is a crypto merchant account?

A crypto merchant account is a specialized business account that accepts digital currencies such as Bitcoin, Ethereum, and other decentralized assets, including NFTs. This account acts as a bridge between traditional banking systems and the digital currency world.

It allows the integration of cryptocurrency payment solutions into their websites or platforms, facilitating streamlined transactions and broadening customer payment options.

As the digital currency landscape continues to evolve, having a dedicated payment processor is essential for businesses looking to stay competitive and offer diverse payment solutions.

 

Why choose a crypto merchant account?

Accepting cryptocurrency payments offers several benefits, including:

  • Global Reach: Digital currencies transcend borders, enabling you to connect with customers worldwide without worrying about currency conversion or international transaction fees.
  • Lower Transaction Fees: Crypto transactions often come with lower processing fees than traditional payment methods, saving on costs with each sale.
  • Reduced Chargebacks: Digital currency transactions are irreversible, reducing the risk of chargebacks and fraudulent disputes, which are more frequent with traditional credit card payments.
  • Quick Settlement: These transactions settle faster than traditional payments, with funds usually available in your account within hours.

 

How much does a crypto merchant account cost?

The cost of such merchant accounts generally varies, with transaction fees typically ranging between 2-4%. However, the total expense can differ based on several factors, including:

  • Your choice of crypto payment provider
  • Business risk profile
  • Transaction volume
  • Required services

For example, at PayFasto, the rates for our payment processing services are influenced by factors like your historical processing records, sales methods, countries of operation, sales volume, and the types of digital currencies you handle.

 

How do I integrate a crypto payment gateway into my website?

As a merchant, integrating a crypto payment gateway into your business shouldn’t be too difficult. You just need to incorporate the following steps to get going:

  • Select your cryptocurrency payment gateway.
  • Integrate your choice payment gateway into your website
  • Optimize for conversion
  • Select payment options
  • Check relevant details
  • Start receiving payments.

 

Can I convert cryptocurrency payments into fiat currency?

Yes, with PayFasto, you can easily convert payments received in digital currency into fiat currency. This amount can then be deposited directly into your business bank account, aiding in maintaining financial stability and enhancing the management of your business operations.

 

Is it legal to accept crypto as a payment?

Crypto merchant payments are becoming popular in the industry. However, the issues surrounding its legality are largely still cloudy. While it is a legal means of exchange in countries like El Salvador, Central African Republic, Canada, and the United States, it is still completely illegal in countries like China, Qatar, Algeria, Egypt, and Nepal. Therefore, it’s important to consider the legality of cryptocurrency in your host country before using it as a means of payment for your online gambling business. 

 

What is a crypto-to-fiat payment gateway?

A crypto-to-fiat payment gateway is a transfer service that allows payers to make payments in digital currency while you receive the funds in Fiat currency. For instance, gamblers can pay you in USDT or DAI while you receive the money in USD, EUR, or other Fiat currencies. It serves as a cryptocurrency payment gateway, enabling you to easily receive funds from multiple countries globally.

 

What is a fiat gateway?

A Fiat gateway is an important aspect of the crypto merchant payments ecosystem. It is a financial service solution that allows users to quickly convert their fiat currencies into digital assets like Bitcoin, Ethereum, and others. So, users can basically register on these platforms to buy cryptocurrencies with their fiat.

 

What is a crypto payment processor?

A crypto payment processor is a platform or service designed to process different kinds of digital payments. It is a link between Bitcoin merchants and customers at the point of sale. Merchants that register with a crypto payment processor can accept payments in digital currency, and the payment processor converts them to fiat. 

 

What is a crypto payment gateway?

A crypto payment gateway is the same as a cryptocurrency payment processing provider or a bitcoin payment service provider. Its primary responsibility is to process payments made using digital currencies.

Merchants and their customers can leverage crypto payment gateways to receive payments in digital currencies, assured that the payments can easily be converted to fiat currencies. 

 

How do I accept crypto payments as a business?

You can start accepting crypto payments by getting a crypto merchant account and integrating a crypto payment gateway on your website.

Once you decide to move forward with accepting crypto payments as a business, here are steps to follow: 

  • Know the local laws and regulations surrounding cryptocurrencies
  • Decide whether you’d prefer to accept cryptocurrency directly or through a crypto payment processor.
  • Integrate the crypto payment gateway into your website
  • Check the checkout processes and make corrections where necessary.

 

How are crypto payments processed?

Crypto payment processing typically depends on the crypto payment processor you use. With a dedicated crypto merchant account, the customer can make a payment in cryptocurrency, and the crypto payment processor converts it to fiat currencies through the crypto-fiat payment gateway. If you choose to receive your funds in cryptocurrency, the crypto payment gateway will forward your funds directly to your wallet without conversion. 

 

Can I use Paypal, Stripe, and Venmo to process crypto payments?

Yes, PayPal, Stripe, and Venmo support certain cryptocurrency operations. However, they are not the best for high-risk merchants receiving payments globally. These platforms are not equipped to handle the sensitive nature of the online gaming and gambling industries. Using them to process crypto payments can result in chargebacks or random account closures. It is always better to use a dedicated high-risk crypto merchant account provider like PayFasto. 

 

Do high-risk merchant accounts support multiple cryptocurrencies?

Yes, high-risk merchant accounts support multiple cryptocurrency payments. Cryptocurrencies are generally considered high-risk currencies, and many banks do not accept them as means of deposit. So merchants turn to high-risk crypto merchant accounts for all their cryptocurrency transactions. High-risk cryptocurrency merchant services provide a variety of payment options for crypto transactions and support multiple cryptocurrencies, so you can receive payment with ease. 

 

How do high-risk merchants handle chargebacks in cryptocurrency transactions?

Most reliable high-risk merchant account providers feature chargeback management services designed to help businesses handle issues relating to chargebacks. Cryptocurrency transactions are volatile and sometimes prone to chargebacks and other types of fraud. Therefore, the best crypto merchant account providers like PayFasto protect merchants from the risks of chargebacks and other fraudulent activities that may occur from such high-risk transactions. 

 

What safeguards are implemented to secure cryptocurrency transactions?

Despite being one of the safest kinds of currencies, cryptocurrencies still have some risks and volatility that require extra care from crypto merchant accounts and crypto holders. Some popular safety measures typically implemented to secure crypto transactions include:

  • Cryptocurrency wallet security
  • Device safety during and after transactions
  • Use of a secured network for all crypto transactions
  • Use of reliable cryptocurrency wallets. 

 

What is the future of crypto payment gateways?

The future of crypto payment gateways looks very promising. They hold the key to transforming crypto payments, especially for high-risk merchants. With innovations like the use of AI to detect fraud, smart contract incorporation, and even more features to support seamless cross-border transactions, you can tell that crypto payment gateways have come to stay. Smart online businesses are already finding ways to leverage their smooth operations to push cryptocurrency payment processing to the next level.

 

In which countries do you offer crypto merchant accounts and payment processing services?

At PayFasto, we serve the US, UK, and European markets, including (but not limited to) countries such as:

  • Spain
  • Italy
  • France
  • Germany
  • Portugal
  • Denmark
  • Sweden
  • Greece
  • Austria
  • Malta
  • Monaco
  • Netherlands
  • More!