What is Bitcoin?

Bitcoin is a cryptocurrency, or a digital currency, that uses rules of cryptography for regulation and generation of units of currency. Bitcoin falls under the scope of cryptocurrency and was the first and most valuable among them. It is commonly called a decentralized digital currency. In other words, bitcoin is an electronic currency. No bills to coins or print to mint. It's decentralized, there is no government, institution or other authority which controls it. Owners are anonymous, instead of using names, tax IDs, or social security numbers, bitcoin connects sellers and buyers throughout encryption keys. And it is not issued from the top down as conventional currency, rather, bitcoin is mined by powerful servers connected to the net. The blockchain is a shared public ledger on which the total Bitcoin network is different. All confirmed transactions are contained in the blockchain. It allows Bitcoin purses to calculate their spendable equilibrium in order that new transactions can be verified thus ensuring they're really owned by the spender.Bitcoin was invented by Satoshi Nakamoto in 2009.

Bitcoin Merchant Account

iPaytotal can offer bitcoin merchant accounts to merchants dealing in cryptocurrencies. Through our trusted domestic and offshore banking relationships , we can help you to setup  bitcoin merchant accounts while saving the company money on processing fees.Interested merchants seeking bitcoin merchant accounts need to provide the necessary know-your-customer (KYC) documents, as they would with any merchant account.

Cloud based services

Competitive advantage

No chargeback risks.

No rolling reserves

Get your funds faster

Bulk payments

Bitcoin Credit Card Processing Solutions

Do you help with card acceptance? Yes. iPayTotal offers several options for credit card processing. Even Bitcoin payments, of course.We work with 160 different currencies. iPayTotal processes payments made with all the major credit cards, including: American Express, MasterCard and Visa.Get approved within three to five business days. Start taking credit cards right away. Fast, easy and reliable service.We provide payment solutions to qualified businesses just like a regular merchant account. Fill out an application to get your bitcoins payment gateway accepted.Open your business to the world with a technology that knows no borders. Accept bitcoin and other cryptocurrencies. Store it, spend it, or exchange it. Easily integrate bitcoin payment functionality on your website, and bring your business into the future, securely and affordably. 

Accept blockchain payments from customers.

Bitcoin is becoming increasingly “mainstream” by the day. It is a fact! It is the currency of the future and it can bring businesses a great positive outcome since it has an incredible potential to greatly reduce costs associated with transactions.Irrespective of these vulnerabilities and their fixes, Bitcoin provides a model of improved data security within the payments ecosystem. It simplifies the risk calculus by dramatically culling the number of involved parties that you have to trust. Any system that doesn’t need PCI-DSS and reduces the complexity for everybody else has much to commend it.If you’ve ever accepted bitcoins as a payment and you might be thinking how actually accepting the bitcoins as a payment from the users might re-shape your entire business model.As a part of making business payments easy with bitcoins, we do not take any fee at all, even for initial setup.Bitcoin transactions are irreversible and there is no option at all to apply for the disputes by the users; hence, the funds that you receive from the users, all 100% funds are yours.Credit cards/Debit cards = high fee, and users can raise disputes.Bitcoins = 0 fees, and there is no disputes applicable, as the bitcoin transactions are irreversible.

Why Accept Bitcoin Payments ?

Automatic exchange of received cryptocurrency payments into USD or EUR and smooth withdrawals to your bank account through your bitcoin merchant account . Let customers checkout in cryptocurrency, automatically convert received payments to USD or EUR and withdraw it to your bank account.Usually, when you accept funds with debit or credit cards, or through PayPal or through some other third party payment gateway/processors, then they are transferred out funds to a normal business bank account, normally on a daily or weekly basis. And, they do charge from 2-8% for providing their services and also there is no 100% guarantee to the funds that you receive to your account would be in your account, as these payment gateway/processors might anytime hit your account with disputes even after you delivered products to the users., You loose your funds, soon or later,.

Bitcoin supports Lightning-fast global payments. You can send and receive bitcoin payments in minutes from your customers or partners. Once your payment is confirmed, We will settle your funds to your bank account with a wire.

How are we different

iPaytotal believes that in order to process as efficiently as possible, merchants need the most up to date equipment and technology. We provide our members with only the best  in-house technology team has created the most user-friendly and powerful online payment platform on the market.

Lower Transaction fees

Bitcoin can reduce credit card processing fees to less than 1 percent .

Facilitates International Transfers

Small online retailers and other businesses avoid selling their wares and services internationally because of expensive cross-border transaction fees. Bitcoin relieves the steep cost of international transactions by enabling easier, faster and cheaper cross-border payments.

Fraud Prevention

Bitcoin provides a level of identity-theft protection that credit cards simply and other banking services are not able to offer. Once you receive payment, it will never be disputed.