A crypto payment gateway has Application Programming Interfaces (APIs) to businesses and allows them to accept payments. Whenever a business integrates API to its platform, it can carry out crypto payments even with fiat money.
Customers have an alternative to choose cryptos when they like to purchase by using their virtual currency. Then they’ll be redirected to the white label crypto payment where they may have to enter their amount, password and wallet details to make the payment.
White label then generates a QR code. With the help of their wallets, customers can scan the QR code. The payment gateway carries out the transaction once the confirmation is done. There are options of converting cryptocurrencies into fiat. This helps businesses to get fiat money for their sales.