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How Many Types of Methodologies in Cryptocurrency Payment Gateways
How Many Types of Methodologies in Cryptocurrency Payment Gateways
White label cryptocurrency payment gateway development

Hey entrepreneurs and startups tycoons, cryptocurrency payment gateway is one of the profitable businesses in the crypto field. It's the right time to start a crypto payment gateway for your business. Before developing you should consider giving a fast glance at multiple crypto payment gateways. Cryptocurrency payment gateway is a software just like Bitpay and Coinpayments. Users can transfer their cryptocurrencies in exchange for goods and services. The admin can generate a lot of revenue from users’ every single transaction. That's why the crypto payment gateway business is an eye-catching business, especially in recent times. Now coming to the point, crypto payment gateway is developed using

 

Three methodologies,

 

  1. Open-source
  2. Scratch
  3. Clone software

 

Open source - Many websites have open-source codes for payment gateway. It's an easy copy-paste process to develop a payment gateway within a short period. But, it has a major flaw. It doesn't have security and ”Anyone can easily hack”.

 

Develop from scratch- Entrepreneurs can hire a development organization to create from scratch. The whole idea and features will be designed as per the entrepreneur’s idea. It takes a lot of time and the development cost would be 3x of your estimation.

 

Clone software- Many clone script providers have already developed clone software like bitpay and coinpayment with high security and the latest features. It is ready-made software and it only requires a few subsidiary customizations (logo, contact details). The entrepreneurs can launch a crypto payment gateway in the crypto market within 7 days. Cost is also affordable (⅓) when compared to scratch.

 

 

Considering these three methodologies, white label Crypto payment gateway clone software is preferred by most startups. Because clone software has all the features of their parent gateway. Example- CoinPayments clone software has all the same features as the CoinPayments payment gateway. You can launch a CoinPayments clone script with quality parent software in a short span and at an affordable cost. That's why most startups prefer CoinPayments clone script.

 

Entrepreneurs should analyze each and every company's reputation, working technology, backup features, and services. There are a lot of inexperienced companies in the developing market. It is tedious to analyze all companies' portfolios. Without any hesitation, I would like to suggest one of the experienced software providers that attracted me when I analyzed the market. Crypto Ape is a renowned CoinPayments clone script provider. They have experienced developers working with blockchain technologies and have received excellent reviews from many entrepreneurs. You may contact them for a free demo.

 

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