The global cryptocurrency ownership has reached an average of 8.8%, with over 704 million users worldwide in 2025. This marks a significant increase from 420 million users in 2023.
Cryptocurrencies have now become a widely accepted payment method, and businesses have started to accept crypto payments as well. In this article, we provide businesses with a step-by-step tutorial to integrate crypto payment gateway into their services.
More consumers want businesses to accept crypto payments
Crypto payments are predicted to grow at a compound annual growth rate (CAGR) of nearly 17% between 2023 and 2030. Multiple factors support the growth, such as an increase in consumer interest, tech advancements, and a more mainstream adoption of cryptocurrencies.
Global surveys have indicated a rise in awareness about cryptocurrencies. Both merchants and consumers have not only become more knowledgeable about crypto but also confident in using it for payments. In a 2023 survey, 92% of respondents out of 15,000 people in 15 countries across all continents stated they “have heard about them”.
Another survey by Arlington Research for Kaspersky states that 44% of respondents think crypto payments will become a common choice for online shopping. With 1 in 4 people stating they’ll make everyday purchases with crypto, 81% of gamers use it for gaming-related purchases, and 36% for dining and entertainment tickets.
68% of the responders want businesses to accept crypto payments, indicating a need for crypto to become more mainstream.
The challenges & benefits of crypto payments
➤ Challenges
Cryptocurrencies are rather volatile compared to traditional fiat, which can deter merchants and customers. However, this problem can be easily resolved by a crypto payment gateway that enables crypto checkout and automatically converts crypto to fiat currencies such as EUR/USD when making a purchase. This mitigates volatility risks, ensuring businesses receive the exact invoiced amount.
Regulations around cryptocurrencies are still lacking in many regions, making it difficult to fully integrate for businesses. However, the EU’s newest crypto regulation, MiCA, helps clarify and standardise legal ambiguities.
Many businesses find technical integrations overwhelming and complex. They may not have the technical capacity to build the complex systems from scratch and often need a dedicated tech team to work on the project. To solve this, many crypto payment companies offer API solutions that make it possible to integrate within days.
Security is a major concern, and crypto payment providers must invest in robust security measures to protect against breaches, and merchants must ensure they partner with licensed and security-focused providers.
➤ Benefits
However, despite all the challenges, the industry is evolving, and more consumers want businesses to accept crypto payments and enable crypto checkout.
Crypto payments are much cheaper than traditional payment methods. Compared to credit card payments that can go up to 3.5% in fees, crypto payment processors charge around 1% in fees.
Blockchain transactions are processed almost instantaneously, making it easier for international transactions that otherwise take several business days through traditional banking systems.
When businesses enable crypto checkout, they reach a wider user base that prefers digital currencies and stand out as an early adopter in the industry.
What are the top five cryptocurrencies to accept in 2025?
Each cryptocurrency is distinct, and businesses should choose and enable crypto checkout based on their transaction speed, fees, and customer demand.
1. Bitcoin (BTC)
Bitcoin is the most commonly known and trusted cryptocurrency. It is used for large transactions, especially in high-value industries like luxury goods, real estate, fine art, and aviation.
However, the slower transactions and higher fees can make it less suitable for smaller, everyday payments.
2. Ethereum (ETH)
Ethereum powers dApps, making it the preferred choice for businesses that integrate blockchain-based applications. There is, however, the drawback of high transaction fees during network congestion at peak times.
3. Stablecoins (USDC, EURC, EURQ)
Pegged to fiat currencies, like USD or EUR, stablecoins offer price stability, making them ideal for businesses concerned with volatility. E-commerce, global businesses, and financial services platforms can greatly benefit from stablecoins, especially for international transactions.
4. Solana (SOL)
Known for its lightning-fast transaction speeds and very low costs, Solana is gaining popularity in payments. Tech companies, e-commerce, and gaming industries commonly include SOL as their preferred cryptocurrency.
5. Litecoin (LTC)
Litecoin offers faster transaction speeds and lower fees compared to Bitcoin. Online retail and smaller businesses looking for fast and cost-efficient crypto payments accept Litecoin.
A step-by-step tutorial to integrate crypto payment gateway
Integrating crypto payments is easier than most think. It doesn’t require licensing or putting together a legal and tech team, and businesses can accept crypto payments in just 1 day.
Here’s the step-by-step tutorial to integrate crypto payment gateway:
- Step 1: Choose a trusted payment partner that allows businesses to accept crypto while receiving fiat (EUR, GBP, USD) directly in their bank account. Many crypto payment providers offer payment links and API solutions that enable crypto checkout so businesses can accept crypto payments within days.
- Step 2: Sign up and set a payment link without any necessary integration. Simply create a crypto payment link and share it with customers or partners. Businesses with more complex or custom needs can choose to opt for API solutions for a more embedded solution.
- Step 3: Promote the crypto payment option, so that your customers are aware of the new payment method, and also attract a growing global customer segment.
Conclusion
Cryptocurrencies are destined to become a mainstream payment method in the future, thanks to the speed, cost, and accessibility factor. Despite challenges, particularly around regulations, the benefits for both consumers and businesses are substantial.
