Key features and benefits

Bitso is a prominent cryptocurrency exchange and payment gateway that offers businesses and individuals the ability to buy, sell, and accept a wide range of digital currencies. Founded in 2014, Bitso has established itself as one of the leading crypto platforms in Latin America, providing a seamless experience for both retail and institutional customers. With its strong focus on compliance, security, and innovation, Bitso is quickly becoming a trusted partner for businesses looking to enter the world of cryptocurrency payments.

  • Transaction Speed & Fees: Bitso ensures fast transaction processing with low latency. It offers crypto-to-fiat conversions at competitive rates, with transaction fees of up to 1% depending on the cryptocurrency and payment method. Payouts to bank accounts are processed within 24 hours, ensuring businesses can access liquidity quickly.

  • Payment Methods: Bitso offers businesses a comprehensive set of payment tools, including customizable invoices, a point-of-sale (POS) system for retail stores, and an API for online businesses to integrate crypto payments into their platforms. The platform also allows merchants to manage payments in both cryptocurrency and fiat currencies, giving businesses the flexibility to settle transactions in their preferred currency.

  • Security & Compliance: Bitso takes security seriously, implementing multi-signature wallets, two-factor authentication (2FA), and advanced encryption technologies to protect user data and assets. The platform complies with regulatory requirements in the regions it operates in, providing businesses with a secure and compliant payment solution for cryptocurrency transactions.

  • Merchant Tools: Bitso offers a range of tools for businesses, including an easy-to-use merchant dashboard for tracking payments, real-time reporting, and detailed analytics. The platform also integrates with popular e-commerce platforms like WooCommerce and Shopify, allowing businesses to accept crypto payments without technical barriers.

Pricing & Fees

  • Transaction Fees: Bitso charges a variable fee based on the cryptocurrency and transaction volume, with fees ranging from 0.5% to 1% per transaction. The platform also charges a 1% fee for conversions between crypto and fiat currencies.

  • Payout Fees: For fiat payouts, Bitso charges a fee based on the withdrawal method. SEPA transfers cost €1, while international wire transfers incur higher fees based on the destination country.

User Experience & Integration

Bitso’s platform is designed with simplicity in mind, offering a user-friendly interface and easy-to-navigate dashboard for businesses and customers alike. Its API is well-documented and easy to integrate, allowing businesses to accept cryptocurrency payments seamlessly on their websites or through POS systems. Additionally, Bitso offers 24/7 customer support to assist businesses with any issues or queries they may have.

  • Easy integration with e-commerce platforms like Shopify and WooCommerce.

  • Compliant with regional regulations and provides robust security features.

  • Fast and secure crypto-to-fiat conversion.

Learn everything you need to know about accepting cryptocurrencies and stablecoins for your business!

Conclusion

Bitso offers a reliable and secure platform for businesses looking to accept cryptocurrency payments. With its diverse cryptocurrency support, fast transaction processing, and user-friendly integration tools, it is an excellent choice for businesses looking to expand into the crypto space. However, the variable transaction fees and limited support for niche cryptocurrencies may be a consideration for some users. Overall, Bitso is a solid option for businesses seeking a secure and compliant cryptocurrency payment solution.

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Other providers featured include Confirmo, Finrax, NOWPayments, BitPay, CoinsPaid, CryptoProcessing, CoinGate, CoinPayments, Triple-A, CryptoPay, SmartyPay, ForumPay, Unlimit, Whiteflo, CoryTech, Stitch, Archway, Coinify, BVNK, Bitpace, CityPay, PassimPay, Orbital, Bitso, CoinSmart, and Coinbase Commerce.

Disclaimer
While we strive to provide accurate and up-to-date information, we cannot guarantee the completeness or accuracy of the details presented. Regulations, fees, and service offerings may change over time. We encourage readers to verify all information directly with Confirmo before making any decisions. If you identify any discrepancies or misleading details, please inform us so we can review and update the content accordingly. We are not responsible for any decisions made based on the information provided in this review.