B2BinPay Review: A Safe, Automated Crypto Payment Gateway

B2BinPay Review: A Safe, Automated Crypto Payment Gateway

The right payment gateway can help your business receive crypto safely and timely. More importantly, it can help you stay focused on your core service. But in an industry where Bitcoin payment gateways are afflicted by unsecured systems, expensive costs and poor customer support, where can you find a reliable payment gateway?

B2BinPay has a solution. Designed to provide multiple crypto products, B2BinPay is more than a Bitcoin payment processor.  It features a payment processor and crypto wallets for both altcoins, tokens and stable virtual currencies.  

Payment Gateway

B2BinPay features a secured, easy to use payment gateway suitable for both startups and established online businesses. The payment processor supports more than 20 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Monero, NEO and EOS.

 It also facilitates transactions through tokens and stable altcoins like USDT, BNB, Gemini Dollar and True USD. What’s more, B2BinPay enables you to withdraw money to your bank account through SWIFT or SEPA.

Additionally, the solution offers these benefits:

  • Low 0.5% processing fees
  • Real-time exchange rates
  • Safe checkout
  • No hidden charges
  • Comprehensive reports of balances and transaction history
  • Sandbox provided

 B2BinPay offers two plans for businesses interested in its multicurrency processor: merchant and enterprise solutions. The offers features fixed processing fees while the latter’s fees varies depending on the income earned by your business. 

Merchant Solution Enterprise Solution
$500 to $1000 One-time fees $2500 one-time fee
0.5% charge per incoming transaction $500 minimum fee per month
Zero fees for outgoing transactions 0.05% to 0.4%  processing fees for crypto
1% fees for stable coins and tokens 0.1% to 1% fees for stable coins and tokens
0.5% SEPA withdrawal fees $350 monthly fee for non-liquid tokens
1.5% SWIFT transfer fees

Similar to many reliable payment gateways, B2BinPay features a user-friendly API which the company can help you integrate with your business. For the uninitiated, an API helps automate the entire payment collection process. 

In turn, you can focus on marketing and managing your business without worrying whether your customers can complete purchases successfully. Concerning withdrawals, you can cash your income manually or authorize B2BinPay to complete payments to your bank account automatically. 

Multicurrency Crypto Exchange

One of the hardest limitations of many crypto payments comes when you need to exchange payments received through altcoins to BTC or FIAT currencies. You either must use a third-party trading platform to exchange your crypto or face exploitive fees.

 B2BinPay comes with an in-house exchange you can use to exchange a wide range of crypto at exceedingly low fees. The company allows you to exchange all of its supported altcoins, including Ether, Cardano, Bitcoin Cash, Ripple and EOS. 

B2BinPay’s exchange service works in an extremely straightforward manner. It’s also automated, which ensures you receive crypto exactly how you want it. By default, the system is programmed to accept payments using a variety of altcoins.

 But after receiving the coins, B2BinPay converts them to:

  • USD/EURO/GBP you can withdraw to your bank account
  • BTC/ETH/XRP etc.
  • USD/USDC/USDT/PAX/GUSD etc.

For the ultimate experience, B2Bin PAY recommends merchants to use these three payment integration tools:

  • Woo COMMERCE
  • Magento
  • PrestaShop

Hot, Cold and Warm Wallets

Having launched at a time when crypto businesses are exposed to rampant hacking, B2BinPay is armed with three wallets to suit varying occasions. It features hot wallets to help store altcoins temporarily immediately they are received from buyers. 

It then transfers your coins to cold wallets that offer ironclad, hack-proof security. But to ensure you can withdraw your money fast and conveniently, B2BinPay also features warm wallets. To be precise, warm wallets provide better security than hot wallets but allow for quicker payments compared to cold wallets.

Being a B2B service provider, B2BinPay provides special benefits to merchants who us its wallets. These are:

  • Automatic withdrawals on the authorization
  • Numerous altcoins, including tokens and stable coins
  • Transparent fees
  • Transaction history records
  • Secured API with a sandbox
  • Comprehensive real-time records
  • Extremely low fees

The company’s wallets support more than 888 coins. And with all of them, B2BinPay offers unparalleled low transaction fees. It’s also very quick although payment speeds vary from one crypto to the other. 

More importantly, B2BinPay provides great convenience to businesses that use both major and minor cryptocurrencies. Business owners can use Bitcoin, NEO and Ethereum to transfer money they intend to withdraw to their bank accounts. But if they want to store the cash using crypto that doesn’t fluctuate frequently, they could use stable coins.

Getting Started on B2Bin PAY

To get a B2BinPay payment gateway you need to send an application by filling a brief form online. You provide your name, email address, phone number, and your preferred contact language. For reference, the company supports English, Spanish, Arabic, Russian and Chinese.

After you provide the details and send your application, B2BinPay contacts you through your phone number for further support.  The company provides one-on-one onboarding to its payment processor, wallets and exchange service.

Communication and Support

B2BinPay provides personalized customer support right from the time you apply to use its services. You get a call from a professional agent who guides you through the entire process of integrating your business with the system. 

The company offers personalized support in multiple languages as mentioned earlier. Its primary communication channel is via phone calls. However, you can also reach out to support agents through email at [email protected]

If you prefer to inbox companies through their social media accounts, you can contact B2BinPay on Facebook, twitter or LinkedIn. Regardless of your communication channel, the company provides on-on one support to ensure you get quality assistance. 

Conclusion

B2BinPay is a crypto payment gateway with a difference. It allows merchants to accept payments using a host of altcoins and tokens through its secure API, and at incredibly low charges. B2BinPay also helps business owners exchange crypto and withdraw them to their bank accounts.  And in case of any issues, the company provides round the clock customer support.

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B2BinPay Review: A Safe, Automated Crypto Payment Gateway
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B2BinPay Review: A Safe, Automated Crypto Payment Gateway
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Author: Casper Brown

I am an associate content producer for the news section of Coingape. I have previously worked as a freelancer for numerous sites and have covered a dynamic range of topics from sports, finance to economics and politics.

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Casper Brown 239 Articles

I am an associate content producer for the news section of Coingape. I have previously worked as a freelancer for numerous sites and have covered a dynamic range of topics from sports, finance to economics and politics.

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