In the current world that is characterized by enhanced use of technology, many companies are adopting blockchain technology for payment systems. Blockchain payment systems have been designed to be safe, transparent and cost effective means of executing transactions and that is why many companies are embracing this technology. At   SwapSpace , we know how critical it is to select the proper payment service for your company. In this blog, we will take a look at the 4 most effective blockchain payment solutions that can benefit your company in the global market.

BitPay

The first company on our list is BitPay, one of the oldest companies in the cryptocurrency payment methods field. BitPay is very similar to the Swiss Army knife in the crypto payments field: it is all-around and efficient. One of its main advantages is that it accepts a large number of cryptocurrencies, so companies that decide to start experimenting with payments in cryptocurrencies will find AptiPOS a suitable solution.

What makes BitPay special is its interface and immediate conversion to fiat currency. This means that you can accept Bitcoin or any other digital currency without worrying about its price fluctuations—it's as if you have a currency exchange in your pocket!

BitPay also has plugins for the most used e-shops, so the integrating is just a piece of cake. If it is t-shirts you are selling or an advanced piece of technology, BitPay has you sorted.

Coinbase Commerce

The next one is Coinbase Commerce. This is a blockchain payment solution that is rapidly growing in the sphere of e-commerce. It is more or less like having a crypto-proficient online assistant for the store. Coinbase Commerce helps different companies accept cryptocurrency payments and send them to their own wallets.

What do I like about Coinbase Commerce? It is non-custodial which implies that you have complete control over your hard-earned money. No middlemen, no fuss. It is particularly suitable for organizations interested in fully capturing the essence of – decentralization of cryptocurrencies.

Also, it synchronizes well with popular shopping carts such as Shopify, WooCommerce, and others. Welcome to the world of cryptocurrency integration in your online store, this has never been this easy!

CoinGate

The third on our list is CoinGate which is a more general type of blockchain payment processing that can suit both large and small business. To sum it up, CoinGate could be referred to as a crypto payment processor that has a neighbor-like approach while operating on an international level.

Possible disadvantages are rather limited compared to the numerous virtues: The list of accepted cryptocurrencies is incredibly long; CoinGate can settle in various fiat currencies. It is actually as if you were to have a translator that could translate business transactions into a language that everyone would understand.

I must say that CoinGate has one of the most unique products: point of sale, ideal for physical stores. It’s about taking crypto to Main Street, store by store!

BTCPay Server

To the intelligent business people out there, you will find that BTCPay Server is everything you would have wished for. It is a free-for-use crypto payment solution that grants you total autonomy over the payment processing.

What makes BTCPay Server different? self-hosted which implies that they don’t have to depend on any other external service. In fact, it will be as if you are constructing your own small fortress of Fort Knox for crypto payment services.

Though it may be slightly more complex to install than the more popular alternatives, the BTCPay Server users will benefit from a higher level of privacy and security features. Also, you will not be charged any transaction fees! It is ideal for companies that prefer autonomy and the capability to handle their own payment systems.

Conclusion

Selecting the right blockchain payment solution for your company can greatly affect your business by increasing security measures, decreasing expenses and increasing effectiveness. Thus, no matter which of the above you choose, all will have features that will help you meet your need. At SwapSpace, we think that blockchain payment systems tools have a great opportunity to change the flow of transactions for various businesses. Check these options and make the choice of the one that meets your business needs most.