OpenNode - Bitcoin Payment Processor

OpenNode - Bitcoin Payment Processor

OpenNode is a bitcoin payment processor that enables merchants to accept bitcoin payments. It handles the bitcoin transactions and settlements so merchants can receive payouts in fiat currency without holding bitcoin.
OpenNode - Bitcoin Payment Processor image
bitcoin cryptocurrency payments processor merchant ecommerce

OpenNode: Bitcoin Payment Processor

OpenNode is a bitcoin payment processor that enables merchants to accept bitcoin payments. It handles the bitcoin transactions and settlements so merchants can receive payouts in fiat currency without holding bitcoin.

What is OpenNode - Bitcoin Payment Processor?

OpenNode is a bitcoin payment processor designed to make it easy for merchants to accept bitcoin as a payment method. It handles the underlying bitcoin transactions and settlements so merchants do not have to touch bitcoin or deal with its price volatility.

Key features of OpenNode include:

  • Easy integration using APIs or plugins for major ecommerce platforms like WooCommerce and Shopify
  • Instant bitcoin-to-fiat settlements so merchants can receive payouts in their preferred fiat currency
  • No transaction fees
  • Built-in fraud protection and Know Your Customer (KYC) tools
  • Global coverage allowing businesses worldwide to accept bitcoin payments
  • White label options available so OpenNode's services can be rebranded

Overall, OpenNode aims to make bitcoin a viable mainstream payment option for merchants worldwide. By handling the bitcoin backend, they abstract away the complexities of cryptocurrency payments and enable a seamless experience for both shoppers and merchants.

OpenNode - Bitcoin Payment Processor Features

Features

  1. Accept Bitcoin payments
  2. Automatic conversion of Bitcoin to fiat currency
  3. Payouts in local fiat currency
  4. Customizable payment pages
  5. Point-of-sale integration
  6. Recurring billing
  7. Fraud protection
  8. Developer API

Pricing

  • Pay-As-You-Go

Pros

Simple and easy to use

No need to hold or manage Bitcoin

Competitive transaction fees

Secure and reliable platform

Global coverage

Cons

Limited payment options beyond Bitcoin

Potential volatility in Bitcoin-to-fiat conversion rates

Dependency on the stability of the Bitcoin network


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