5 Best Crypto Payment Gateways for Small Businesses

As small businesses continue to experience exponential growth, more and more business owners starting to accept payment solutions that facilitate everyday business transactions, and cryptocurrency payment gateways have been on the rise. According to a survey by Deloitte, about 87% of respondents broadly agree that organizations accepting cryptocurrency have a competitive advantage in the market. This increase in adoption has led to the development of various cryptocurrency payment gateways, but only a few are best suited for small businesses. This article highlights the top 5 crypto payment gateways for small business owners. 

What are crypto payment gateways?

Before we begin discussing the best crypto payment gateways suitable for small businesses, let’s find out what a crypto payment gateway entails. A crypto payment gateway is an automated mechanism that handles payments for all digital assets seamlessly. This high-tech solution handles every aspect of cryptocurrency payment, including processing speed, security, and even fees, ensuring nothing small businesses and consumers receive and send funds, irrespective of their geographical barriers. It has become a perfect solution for small businesses, facilitating millions of payments every second. 

The 5 Best Crypto Payment Gateways for Small Businesses

Choosing the right crypto payment gateways is essential for business owners looking to pivot into cryptocurrency transactions. Among the many payment gateways available, here are the top 5 crypto payment gateways for small business owners. 


PTPShopy is a white-label crypto payment gateway offering a variety of decentralized financial solutions to small business owners. If you are a business owner interested in enjoying a plethora of DeFi services, PTPShopy is the perfect crypto payment gateway solution for you. With its ability to handle cryptocurrency PoS payments, crowdfunding, and even cryptocurrency invoicing, PTPShopy is a one-service-fits-all solution. 

Pros: Business owners can use these numerous services to take payments, generate and mail online receipts for payment verification, and even manage all cryptocurrency subscription payments. PTPShopy ranks as a budget-friendly option for small business owners as it charges a 0.95% service fee, which is among the lowest when compared to other top payment gateways. Withdrawal is also free to guarantee you save money and get better services.

Additionally, Web3 connectivity is feasible, and businesses can even receive real-time transaction notifications, which is an essential feature in this fast-paced industry. The intuitive layout of PTPShopy makes it easier for both inexperienced and seasoned experts to navigate, as you don’t need to have in-depth knowledge about technical products or cryptocurrency in general. 

Cons: PTPShopy is best for small businesses, its low fees and easy integration makes it easier for businesses to conduct transactions. The only con with using PTPShopy is that it is more novel than existing ones, which have established their brands overtime.


BitPay is one of the earliest payment gateways established in the cryptosphere. Established in 2022, BitPay enables business merchants to accept Bitcoin payments. As one of the first payment providers, BitPay set the standard for other payment gateways by enabling customers to directly fund the accounts of the vendors they have selected. 

Pros: A key feature that sets it apart from others is its unique volatility shield function, which enables small businesses to lock the exchange rate during transactions so they get the exact lock value deposited, thus avoiding the extreme volatility of cryptocurrencies. In addition, this payment gateway offers additional financial services like crypto card payment provisioning and facilitation and is accessible in more than 36 countries. BitPay facilitates multilingualism by offering support for multiple languages. 

Cons: However, a major drawback is the highly reported cases of disabled passwords during operations among users and transaction limits on lowered-tiered transactions, thus limiting financial liberty. In addition to these drawbacks, BitPay transaction fees are quite expensive, and even higher fees apply to high-risk merchants. 

Coinbase Commerce 

Coinbase Commerce is another top-performing crypto payment gateway for small business owners. This crypto solution enables business owners to accept cryptocurrency payments from clients. 

Pros: Coinbase Commerce can also be incorporated into e-commerce platforms easily and allows for customization of the payment options. Business owners can swiftly integrate the Coinbase Commerce API into their website and e-commerce store and enjoy additional benefits like free currency conversion and settlement. In addition, registration is easy, and setting up an account takes less than 30 minutes. 

Cons: While Coinbase Commerce offers multiple benefits, payouts require Coinbase accounts, and integration into websites and e-commerce stores is limited. Unlike PTPShopy, Coinbase Commerce does not support POS functionality, which can be difficult for brick-and-mortar stores. 

Shopify Payment 

Shopify is now more than just an online service provider for big and small businesses; it also provides a cryptocurrency payment gateway so that these companies can effortlessly process payments. Unlike Coinbase, Shopify is not a full cryptocurrency platform; instead, it offers third-party payment gateway services for Shopify ecommerce and website owners.

Pros: Shopify waives the commission fee for business owners on a Shopify Payments plan, which allows small businesses to save more. Multiple cryptocurrencies are supported by this payment gateway, giving users the option to pay with any digital asset of their choosing. It also encourages sales and checkouts, as its smooth checkout process and seamless payment gateway’s user interface allow users to easily make payments. A good feature that reduces the backlash of cryptocurrency volatility is the unique gateway that instantly converts cryptocurrency payments into the user’s or merchant’s preferred fiat or cryptocurrency.

Cons: For non-Shopify small business owners, Shopify charges monthly third-party fees of about $39–$399.


PayPal has progressed to accept crypto payment services alongside fiat payments. It can also accept credit cards, PayPal Credit, and PayPal payments, and it is without a doubt one of the top payment processing options.

Pros: Small business owners with a PayPal cryptocurrency wallet can easily make purchases with cryptocurrencies. Business owners can charge their customers either fiat or cryptocurrencies during checkout. PayPal does not charge business owners for receiving deposits, and transactions performed are protected against fraud.

Cons: PayPal is one of the most costly chargeback solutions, but it is still a payment method that allows interaction with shopping carts and provides a range of payment alternatives. For special transactions, that is, one that allows business owners to receive a fiat deposit, merchants will be charged 3.49% + $0.49 in transaction fees. PayPal has one of the most expensive transaction fees, which is not favorable for small businesses on a budget. There is also no volatility shield to protect business owners against crypto volatility.

Receive Crypto Payments for Your Products!

PTPShopy is set up in such a way that business can be conducted between small businesses and their customers without the need for an intermediary. By employing the blockchain, businesses can spend less while conducting more. In addition, business owners can bypass restrictive regulations like freezing and blocking accounts, allowing them to transfer and receive money from any part of the world in real-time. 

PTPShopy promotes transparency as every transaction is kept visible in a public ledger and can also be accessible to all. When it comes to security, PTPShopy offers a protected and decentralized environment, ensuring your financial data remains protected.