More and more customers are looking to use cryptocurrency for their purchases, believing it offers greater privacy than traditional bank payments.
They also appreciate the lower fees and speed of crypto transactions — especially when using USDT, a stablecoin pegged to the US dollar. USDT combines the reliability of fiat currency with the key benefits of blockchain technology.
In this article, we will explain what benefits a business will gain by starting to accept crypto payments from its customers and why it is so important to have an USDT payment gateway API.
USDT Payment System: Benefits for Businesses
There are several compelling reasons for businesses to start accepting stablecoins like USDT from their customers:
- Chargebacks are impossible on the blockchain. You won’t suffer losses from payment reversals.
- Funds are received instantly, without freezes or delays.
- Price volatility is not a concern, since USDT maintains a stable value.
- You can reach new customers who may have struggled with card payments or faced high fees when sending money from abroad.
It’s worth noting that USDT operates on multiple blockchains, including Ethereum (ERC-20), Tron (TRC-20), and BNB Chain. The TRC-20 version is particularly popular due to its low fees and fast processing times. So USDT TRC20 payment gateway is the preferred option for businesses.
Getting Started with USDT on Your Website
To begin accepting USDT, you’ll need to choose a crypto payment gateway and integrate it with your website or trading platform. Proper integration is essential, as it allows for automatic generation of crypto addresses for customers and the processing of withdrawals when requested.
One of the most important factors in choosing a solution is API integration. This enables full automation of payment handling. However, several other critical features must also be considered to ensure working with crypto is both safe and efficient.
What to Look for in a Tether Payment Gateway?
A business-oriented crypto gateway should give users full control over their assets, ensure strong data protection, and offer a smooth experience. Here are the key areas to evaluate:
Security
- It’s important for a wallet to hide its real IP address when initiating a transaction. Fraudsters and hackers have ways of obtaining wallet IPs and tracking down the actual location of the servers they operate on. It’s far better to ensure that this information doesn’t fall into the wrong hands.
- The wallet’s usage history should be stored in encrypted form. Callback notifications — automatic messages sent to the website when a client’s balance changes — must also be encrypted. The most reliable encryption technology available today is the 512-bit key, which is virtually impossible to crack.
- Multi-layer authentication is also key. The more steps required before accessing the dashboard, the better. Ideally, access should require a PIN, device fingerprint, and a unique product key.
Control
- Non-custodial setup — the payment gateway software can be installable on your own server, meaning only the owner has access to the private keys, and therefore, full control over the assets and data.
- Seed phrase — this should be generated randomly during account setup. It allows users to recover access to their assets if login credentials for the current payment solution are lost.
There should also be the option to create sub-wallets, enabling businesses to separate financial flows from different profit centres.
Ease of Use
- Comprehensive, quickly generated balance and transaction reports.
- Multi-user access with customisable roles and permissions.
- Auto-withdrawal options to keep wallet balances in check.
- Mass payouts for sending funds to multiple recipients with just a few clicks.
- Built-in AML checks to assess the risk level of incoming and outgoing crypto assets.
Conclusion
Starting to accept USDT payment on your website is relatively straightforward.The real challenge lies in selecting a crypto payment gateway that truly suits your business needs.
By choosing a solution carefully and thoughtfully, you can turn cryptocurrency into a reliable, secure, and convenient alternative to traditional payments.
