A crypto payment gateway is a payment portal for cryptocurrencies. In recent years users have preferred making payments for their services and goods via cryptocurrencies. And in the future, merchants will be more accepting of cryptocurrencies. Assessment from a business perspective suggests that providing a crypto payment gateway is a billion-dollar industry. For example, Bitpay and Coinpayments are well-known crypto payment gateways worth over a billion dollars in market capitalization.
Crypto payment gateways generate lots of revenue by providing a crypto payment service to their users. Many startups want to develop a crypto payment gateway like Bitpay and Coinpayments, but they are worried about development costs and time. For example, development costs can range from $30k-40k and take eight months to finish.
A White Label Crypto Payment Gateway is a bug-free, readymade software with all the features of platforms such as Bitpay and Coinpayments. Startups can launch a white-label crypto payment gateway within five days at an affordable cost of just $6k. For startups, crypto payment gateway software is the ideal choice to start their business.