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2 posts tagged with "payment gateway"

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· 2 min read
Yoyo S
Payment GatewayNotesEmployeesLocationFoundedMonthly VisitsFundingIntegrationPluginsLinkedIn Activity
CoinGateComplicated setup
Requires business registration (KYB)
Have POS app
Have Payment Button and Plugins (WIX / WooComerse / …)		51-200Vilnius, Vilnius municipality2014445.5K--WIX, WooComerse, ...Active
BitPaySimple personal registration
Waitlist for business registration
Wallet app with gift card option		51-200Atlanta, Georgia2011871.9K$1.8M (Series B)--Not very active
CoinBaseGood UX
Simple setup
Custodial
Have POS app
Have option to pay with any wallet
Start listening right away		1,001-5,000-2012-$21.4M (Post IPO)--Active
triple-aComplex Registration
Require company details
Customer pay with crypto and you get fiat
General wallet payment
Supported currencies: Bitcoin, USDT, Ethereum, USDC
White-label
1% transaction fee		--201782.2K-BinanceWIX, WooComarce, OpenCart-
NOWPaymentsCustodial
One currency for link
WalletConnect and MetaMask
Fiat withdraw with KYB
Whitelisted address payout
Postman docs (not great)		11-50Amsterdam, North Holland2019427.3K----

· One min read
Yoyo S

Traditional crypto payment gateways hold onto your funds until you withdraw them, introducing risks like:

  • Intermediary Risk: Technical issues, security breaches, or even bankruptcy at the gateway could lead to lost funds.
  • Privacy Risk: Sharing personal information with the gateway increases data breach vulnerability.
  • Speed and Efficiency: Fund transfers and verifications can delay transactions.

Notrix offers a distinct approach, empowering you to create payment pages for crypto transactions without a middleman holding your funds. Here's how it differs:

  1. Direct Payment Transfer: Buyers send crypto directly to your wallet, bypassing Notrix entirely.
  2. Blockchain Monitoring: Notrix monitors the blockchain for confirmation, notifying both parties upon completion.
  3. Decentralized and Trustless: Eliminating the middleman mitigates risks associated with trusting a third party.

By avoiding an intermediary, Notrix reduces traditional gateway risks:

  • Reduced Intermediary Risk: No longer worry about company issues, as your funds never leave your wallet.
  • Increased Privacy: Sharing personal information with Notrix is unnecessary, minimizing data breach risks.
  • Faster Transactions: Direct transfers eliminate middleman delays, leading to quicker transactions.

If you seek a more secure and efficient way to accept crypto payments, Notrix presents a compelling alternative.