10 Best Magento Crypto Payment Alternatives for Secure & Fast Online Transactions

The Best Magento Crypto Payment Options that assist online retailers in safely and effectively accepting cryptocurrency will be covered in this post.

As digital currencies become more and more popular worldwide, including a trustworthy crypto payment gateway into Magento guarantees quick transactions, minimal costs, and increased customer confidence.

These options, which range from LazerPay to OpenNode, make cryptocurrency payments easier for businesses all across the world.

How To Select Magento Crypto Payment Alternatives

Cryptocurrency is Accepted

• Verify with what coin the gateway is compatible with (Bitcoin, Eth, stablecoins, altcoins).
• See if it is aligned with your audience and business.

Integration with Magento

• Search for an API or plugins that will work seamlessly with Magento.
• Look for businesses that have easy implementation guides or offer assistance.

Fees

• Assess if there will be a network fee, gateway fee, and/or conversion fee.
• If there will be a lot of transactions or a transaction with a lot of volume, a lower fee will be nicer.

Safety & Regulation

• Make sure that there is encryption and protocols that are secure.
• If you want to keep crypto transactions regulation compliant, check the KYC/AML.

Settlement Method

• Gateways will clear either in crypto or fiat currency.
• Pick whichever you prefer, whether you want to keep the crypto or change to fiat immediately.

User Experience

• Conversions can be obtained if the checkout process is quick and mobile optimized.
• Features that are good are an auto payment conversion and one-click payment.

Gateway Accessibility

• Make sure there are no transaction restrictions with the gateway for your desired countries.
• Look for cross-border transaction fees and local currency backup.

Reputation & Support

• Select a reputable gateway that has positive feedback and offers responsive assistance.
• Check for active communities or developer documentation for support.

Key Point & Best Magento Crypto Payment Alternatives List

Payment Gateway	Key Features
Blockonomics	Bitcoin payments, wallet integration, no KYC required
Luno Merchant Tools	Bitcoin & Ethereum payments, fiat settlement, invoicing
VALR Pay	Multi-crypto support, instant settlements, API integration
Confirmo	Multi-crypto invoicing, smart contracts, recurring payments
Electroneum	Mobile crypto payments, ETN coins, easy merchant onboarding
LazerPay	Crypto links, subscriptions, wallet support
Paychant	Multi-crypto support, Magento plugin, instant settlements
OpenNode	Bitcoin & Lightning Network payments, API integration
Cryptomus	Multi-crypto gateway, auto conversion, global coverage
Coinify	Global crypto payments, compliance-ready, fiat settlements

1. Blockonomics

Blockonomics is one of the first fully decentralised crypto payment gateways, allowing users to accept Bitcoin without the need for a payment processor. They also offer privacy-focused services and instant payment notifications.

Complimenting Blockonomics  Best Magento Crypto Payment Alternatives is its suitability for Magento here invoice automation and streamlined payment processing in checkout. Users own the funds as the no payment processor policy means no middleman.

It is a great crypto payment solution for a SMB as the value features such setups at no monthly fee and accompanied with real time crypto fiat reporting dashboards. The system also greats and supports refunds.

 Blockonomics

Features:

1. Payments in Bitcoin directly to your wallet
2. Freedom from third-party custody
3. Plugins for WooCommerce integration
4. Notification of payment in real-time
5. Support for multiple wallets

Pros:

• Complete command of the finances
• Other than the BTC network fee, no transaction fee
• Simple integration in WooCommerce
• Support for multiple wallets
• Secure and open-source

Cons:

• Only Bitcoin is supported
• Need advanced technical skills
• No capability to convert to fiat currency
• Other altcoins receive little support
• Installation is complicated for new users

2. Luno Merchant Tools

For businesses, Luno Merchant Tools simplifies payment Best Magento Crypto Payment Alternatives in Bitcoin and Ethereum while Luno Merchant Tools is partnered with payment processor Magento, allowing merchants in Luno to create invoices and monitor payment processing in real time. Safety and payment processing automation are among the reasons businesses choose Luno over competitors.

It automatically notifies merchants when payment has been made and automatically converts payment to local currency, making it ideal for businesses that want less volatility in the crypto payment option. Luno is multi lingual and has global outreach, making it a good fit for clients outside the Luno’s client base.

Luno Merchant Tools

Features:

1. Bitcoin and Ethereum payments supported
2. Facility to convert to fiat currency and withdrawal
3. WooCommerce integration facilitated via API

4._dashboard for payments with tracking and reports

5. Tools for merchants that are friendly to mobile devices

Pros:

• User of a trusted network
• Withdrawal of fiat currency is straightforward
• Easy integration of WooCommerce
• Payments can be tracked real-time
• Supports payments that recur

Cons:

• Little support for other crypto
• Withdrawal comes at a cost
• Regional support can be limited.
• More advanced options can take a KYC
• Multiple crypto merchants will find it unsuitable

3. VALR Pay

A leader in South African Best Magento Crypto Payment Alternatives VALR Pay allows merchants to accept payments in a variety of cryptocurrencies. VALR Pay’s main advantage is integration with the Magento store, allowing merchants to quickly optimize their store for crypto payments.

VALR Pay is crypto volatility safe as it converts payments to local currency instantly and the dashboard to monitor transactions is modern and technically secure.

VALR Pay merchants will appreciate the crypto wallet management capabilities, secure and user friendly interface, extensive transaction histories, and ease of client payments. For SMEs, the small transaction costs are a benefit.

VALR Pay Features:

1. Accept a range of cryptocurrencies (BTC, ETH, USDT, etc.)
2. WooCommerce plugin and API availability
3. Instant fiat conversion
4. Notifications of transactions instantaneously
5. Wallets safeguarded and stored securely and safety

Pros:

• Lower-than-average industry fees incurred
• Payments are settled immediately
• WooCommerce integration is a breeze
• A range of currencies accepted
• Offered a safe and trustworthy platform

Cons:

• Coverage of countries is limited and may be an issue
• Poor support message response times
• Verification is a require to access advanced services
• Primary focus is on customers from South African
• Plugin hasn’t been updated lately to address some issues

4. Confirmo

Confirmo works with merchants receiving multiple Best Magento Crypto Payment Alternatives. Confirmo interacts with Magento very well with no extra effort from merchants and allows them to finish the orders and generate invoices automatically.

Confirmo prioritizes the speed of confirmation of transactions to speed up payments so that customers are happy and will make purchases. Their multi-currency define offers companies to serve customers from any country and removes the need to think about exchange rates.

Confirmo offers clear transactions with detailed histories and supportive analytics. They secure customers and users and provide them the ability to efficiently control the crypto payment and make payments as well with great and secure tools while them.

Confirmo Features:

1. Supports Bitcoin and other popular altcoins.
2. Automatic invoicing and confirmations of payments.
3. WooCommerce plugin is integrated.
4. Payments notifications in real time.
5. Supports multiple languages and currencies.

Pros:

• Simple interface.
• Automatic payments support.
• Rapid settlements.
• Compared to competitors, fees are low.
• Various currencies support in multiple countries.

Cons:

• Limited crypto availability.
• Scale lacks.
• Advanced features require more tech knowledge.
• Lacks international recognition.
• Reporting features requires enhancements.

5. Electroneum

Electroneum also allows consumers and merchants to easily understand and use a mobile-centered crypto with easier Best Magento Crypto Payment Alternatives tools. Magento merchants can add Electroneum payments and directly ETN token from checkout.

The system is very fast and simple. Merchants can confirm transactions instantly and micropayments with very low fees.

Merchants are also able to easily track payments and invoices with the tools Electroneum provides. Electroneum also allows users outside of the Magento ecosystem to use crypto safely and easily. Electroneum allows merchants to add crypto payments to their business with very low friction and technical difficulties.

Electroneum Features:

1. Mobile-first crypto payments.
2. Transactions are in the ETN coin.
3. Integration of WooCommerce plugins.
4. Instant transfers between wallets.
5. Notifications for payments are in-app.

Pros:

• Quick and easy to use.
• Highly mobile.
• Transaction fees are low.
• Quick WooCommerce setup.
• Transactions settle almost instantly.
• Microtransactions are prioritized.

Cons:

• Users can only transact in ETN.
• ETN hasn’t seen much global adoption yet.
• Offers less in terms advanced functionality.
• Users must manage their ETN wallets.
• Not a good fit for enterprise users.

6. LazerPay

LazerPay allows merchants to accept more cryptocurrencies, and offers the ability to auto-convert to fiat. LazerPay Best Magento Crypto Payment Alternatives has a partnership with Magento to more easily allow merchants to accept and streamline the checkout with more cryptocurrencies.

The company’s solid API gives companies the ability to easily and efficiently manage wallet functionalities, give out refunds, and track transactions. The company focuses on speed and security, and provides payment verification in a matter of seconds.

LazerPay has analytics that let the merchants evaluate their sales and operations and give them tools to improve them. The company has appropriately low fees and is scalable to bigger companies, and small companies on boarding with the risk of volatility.

LazerPay Features:

1. Supports several cryptocurrencies including BTC, ETH, and USDT.
2. Converts to fiat automatically.
3. Offers a WooCommerce plugin and an API.
4. Supports subscriptions and recurring billing.
5. Offers a dashboard and analytics in real time.

Pros:

• Transactions settle almost instantly.
• User-friendly interface.
• Supports subscriptions.
• Transactions are highly secure.
• Offers low transaction fees.

Cons:

• Not many users.
• Limited global availability.
• Dependent on stablecoin liquidity.
• Some users find integrations difficult.
• Advanced functionality may require additional fees.

7. Paychant

Paychant is a global crypto payment platform designed for most businesses. For Magento merchants, Paychant Best Magento Crypto Payment Alternatives has the ability to accept more than 100 cryptocurrencies, including leading coins such as BTC, ETH, and USDT. The service has auto-convert to fiat service, which helps decrease the exposure to risk.

The merchant dashboard provides real-time data with a simple structure that has seamless invoice creation, easy to use invoice creation. User Data security is a high focus with the use of multi-level encryption, multi-factor authentication, and other data security technologies PKI. The integration of Paychant with Magento is smooth and simple, making it very user friendly with a lot of payment options. This is for merchants who want to manage risk and control.

Paychant Features:

1. Supports a list of major cryptocurrencies.
2. Converts to fiat automatically.
3. Offers a WooCommerce plugin.
4. Uses secure blockchain technology.
5. Lets users track transactions in real time.

Pros:

• Fees are transparent.
• Transactions settle instantly.
• Crypto is stored securely.
• Setup for WooCommerce is simple.
• Users can monitor their sales through analytics.

Cons:

• Has a limited list of cryptocurrencies.
• Some features can only be accessed by certain regions.
• Some features require a more complex technical setup.
• Small merchants may find transaction limits.
• Support may be limited.

8. OpenNode

OpenNode is a top Best Magento Crypto Payment Alternatives for Bitcoin. Prioritizing speed, security, and low fees, OpenNode offers instantaneous transactions and easy-to-use checkout buttons.

OpenNode is integrated with Magento as a plugin and allows merchants to use the automatic impar to avoid volatility. The platform features detailed transaction reporting, subscription billing, and recurring payments.

OpenNode applies industry best practices for security and compliance, helping both merchants and buyers stay safe. Straightforward to use, the company’s API and dashboard tools make OpenNode a popular option for businesses looking to accept payments in Bitcoin.

OpenNode Features:

1. Supports Bitcoin and the Lightning Network.
2. Offers a WooCommerce plugin.
3. Bitcoin instant conversion to fiat
4. Invoices with Payment Links
5. Chargebacks and fraud protection

Pros:

• Lightning payment withdrawals
• Minimal fee instant settlements
• Simple integration process with WooCommerce
• Premium safety
• Supports subscription payment models

Cons:

• Payment options made available are only Bitcoin
• Lightning Network usage is limited and still evolving
• This is not suited for cryptocurrency stores
• Higher-tier options are only available with ID verification
• There may be geographical restrictions

9. Cryptomus

Cryptomus is a versatile and innovative Best Magento Crypto Payment Alternatives that supports a multitude of coins and automated, real-time conversion to fiat for merchants.

Shoppers in your Magento store will enjoy fast, low-fee automated checkout with payment confirmation and immediate transaction processing. Merchants have the benefit of freedom with Cryptomus’s features, which will keep money safe from theft and fraud with detailed transaction reporting and invoicing features.

Cryptomus supports both local and international users, helping e-commerce businesses grow into new markets. Cryptomus has impressive, industry-standard rapid scaling. Cryptomus’s powerful API allows huge transaction volumes to flow without interruption.

Cryptomus Features:

1. Varied cryptocurrency options
2. Automatic conversion to fiat and stablecoins
3. Integration with WooCommerce Plugin
4. Reporting and Analytics Dashboard
5. Quick settlement

Pros:

• Fees are reasonable
• Encrypted and highly secured transactions
• Payment instantaneously
• Simple integration with WooCommerce
• Varied options of cryptocurrency

Cons:

• Advanced features are limited
• Has a smaller global reach
• Response time from support is slow
• Plugin updates are sometimes necessary
• Not made for merchants with a large volume of transactions

10. Coinify

Along with its multiple coin support, partnered vendor tools, and merchant Best Magento Crypto Payment Alternatives , Coinify is a leading worldwide cryptocurrency transaction service provider. Through the integration with Magento, Coinify is able to provide merchants the ability to accept payments which are instantly auto-converted to fiat currency and is able to manage and accept payments via BTC, ETH, and other stablecoins.

Merchants with Coinify are able to control payments with a user-friendly interface which provides fast, secure, and custom transaction processing. Merchants have additional control with automatic rule-based invoices.

Other services offered by Coinify include regulatory subscription management, international invoicing, and compliance which enables the provider to service multiple business types, big and small. Coinify is considered by many to be the best cryptocurrency payment provider with its focus on security, transparency, and integration, making it the preferred provider for numerous Magento merchants.

 Coinify

Features:

1. Support for multiple cryptocurrencies.
2. Automatic fiat conversion.
3. API integration with WooCommerce.
4. Recurring payments and invoicing.
5. Two-factor authentication for extra security.

Pros:

• Wallet storage is secure.
• There is low volatility risk since there is fiat conversion.
• Support is available for multiple currencies.
• Support for recurring payments.
• Onboarding is very easy for merchants.

Cons:

• The dashboard may be a little bit complex for beginners as there may be a lot of features.
• KYC verification is mandatory.
• International charges/fees might apply.
• B2BinPay has fewer available cryptocurrencies.
• Some delays in settlements may occur.

Benefits of Best Magento Crypto Payment Alternatives

Worldwide Usage

• Receive payments from all over the globe without restrictions from a bank.

Less Cost on Transactions

• When compared to credit card companies and PayPal, international transactions can prove to be more expensive, and many crypto gateways incur a lower fee.

Speed of Settlement

• There are no cash flow delays because payments can be processed in a few minutes.

More Security

• Improved and immutable transactions are less prone to loss and to recovering one’s funds.

Privacy of Customers

• Customer privacy is respected due to the many crypto payment gateways facilitating transactions without KYC.

Support for Many Currencies

• You can appeal to customers that understand and support the use of cryptocurrency by accepting a variety of coins.

Protecting the Future of Your Store

• Your Magento store is now paying to keep up with the advancements in the world of payments with the addition of crypto payments.

Customer Satisfaction

• Increased user satisfaction with the more seamless choices for checkout and the availability of support for payments that are scheduled.

Better Compatibility with Magento

• The majority of new crypto payment gateways are compatible with Magento and even more so offer plugins that are tailored to the software.

Key Factors to Consider When Choosing a Magento Crypto Payment Gateway

Variety of Supported Cryptocurrencies

• Make certain the gateway accepts the cryptocurrencies your customers want such as Bitcoin, Ethereum, and stablecoins.

Integration of Magento

• It is best to look for a seamless integration to avoid complications during installations through the use of APIs and plugins.

Costs of Transactions

• Determine the gateway, network, and conversion fees to keep payments as low as possible.

Controls of Security

• It is best to look for a system with secure transactions, encryption, and two-step verification.

Compliance with Regulatory Policies

• If international finance regulations are to be followed, make certain there are KYC/AML policies for compliance.

Options for Settlement

• Determine whether you want payments to be done as crypto, fiat, or converted instantly to your local currency.

Speed of Transactions

• When settlements are fast, cash flow increases, and customers are more satisfied.

Experience of the Users

• Determine the ease of use for customers along with the ease of checkout, mobile use flexibility, and functionality.

Support of Major Cryptocurrencies

• Ensure your desired countries are covered by the gateway, and confirm the gateway’s efficiency in managing cross-border transactions.

Conclusion

In conclusion, by facilitating safe, quick, and international transactions, selecting the top Magento crypto payment options will greatly improve your online business.

Merchants can concentrate on growth without worrying about volatility thanks to platforms like LazerPay, Paychant, Coinify, and OpenNode, which offer smooth WooCommerce and Magento integration, multi-cryptocurrency compatibility, and instant fiat conversion.

Magento store owners can lower transaction costs, enhance customer satisfaction, and enter foreign markets by choosing the best cryptocurrency payment gateway, making cryptocurrency payments a useful and lucrative addition to contemporary online retail.

FAQ