Bitcoin Merchant Account

iPayTotal Cryptocurrency Merchant Accounts

IPAYTOTAL is a bitcoin payment processor and is one of the biggest players in merchant services. Ipaytotal has earned this place in the industry as we provide best Internet merchant account services at extremely competitive rates. We help in establishing bitcoin merchant accounts or any merchant accounts through our connections with Acquiring Partners and it gives us the edge to offer Reliable Credit, Debit and Echeck Processing to almost every industry which is considered high risk.

Cryptocurrency payment processing is gaining huge popularity among merchants around the world. In this blog, we will discuss accepting cryptocurrency payments from beginning to end.

What is cryptocurrency?

A cryptocurrency can be defined as a digital or virtual currency and it is designed to work as a medium of exchange. It makes use of cryptography to secure and verify the transactions as well as to manage the creation of new units of a particular cryptocurrency. Basically, cryptocurrencies are coded in specific blockchain entries which are stored in computers and cannot be altered unless specific conditions are satisfied.
Bitcoin is the most widely recognized cryptocurrency and was created in 2009 by Satoshi Nakamoto. The value of Bitcoin in 2017 reached a huge $180 billion.
Cryptocurrency units, like Bitcoin, are generated through ‘mining. Cryptocurrency units are generated by utilizing a computer to solve math’s problems. The users of this currency can buy it from brokers and by utilizing cryptographic wallets they can spend it for their use.

Who Accepts Bitcoin?

The list of companies who utilize Bitcoin payment processing develops constantly. It is quite a reality that the virtual currency is here to remain. There are a number of small ventures worldwide that accept bitcoin, however major companies are following. Virgin Galactic, Overstock.com, Tiger Direct, and the NBA’s Sacramento Kings to name several.
At present, many big, as well as small companies, are accepting and offering BITCOIN payments.

The Time Required For Bitcoin Merchant Accounts

The time required for Bitcoin Merchant Account approval can take around 24 or 48 hours but it may take longer as approvals are dependent upon several factors:
Industry type
Merchant’s payment processing history
The acquiring bank
Our team of experts walks you step by step through the application process and remain as your consultant for the life of your partnership with IPAYTOTAL.


Over the last couple of years, the digital currency has been rapidly gaining the public eye. Here are some good reasons behind it.Here are the good reasons behind why digital currency has been gaining popularity in the public eye over the last couple of years.


When cryptocurrency came into existence, then every approved transaction are safely stored in a public ledger. The identities of all the owners of a coin are encrypted so as to ensure the authenticity of record keeping. Because the currency is decentralized, you claim it. Only the owner of the currency has control over it, neither bank or even government has any control over it. Customers can make large or regular transactions as the currency uses code which is relatively uncrackable that make this currency more appealing to them.


The decentralized nature of cryptocurrency means that it’s accessible to all, however, banks and building societies can be selective concerning whom they work with. Over two billion people who have access to the internet and they don’t have right to utilize the traditional transaction systems. These people find cryptocurrency more convenient over traditional transaction systems.

Quick And Easy Settlement

The blockchain is the reason behind why cryptocurrency has any value. Ease of use is the reason behind why cryptocurrency is sought after. All you require is a smart device, an internet connection and instantly you become your own bank making payments and money transfers.


With cryptocurrency being a ‘new’ kind of money, the business sectors have been known to boom massively. Which means a small venture can prove rather lucrative. The most common investment is known as ‘holding’ meaning clients purchase cryptocurrency and hold onto it, hoping it increases in value.


We, at iPayTotal , assess each Crypto organization individually.We study your method of doing business so we can board your Crypto merchant account with the acquirer that would be most suited and beneficial for your business. This is how we will be able to give a reliable processing solution for your Crypto Company.

Can I Get A Payment Gateway With My Bitcoin Merchant Account?

Every merchant account provided by IPAYTOTAL incorporates a payment gateway provided by the acquring bank. IPAYTOTAL’s trusted banking partners offer a secure payment gateway for all transactions, with which you will connect the bank’s API to your website upon approval.

Quick Approvals

Get pre-approved in as little as 6 hours for difficult to obtain high-risk merchant accounts – our team of experts says yes to virtually any business type, business model, and even those restricted product types – all through our high-risk payment gateway and the direct network of 20+ banks and PSP’s.


Seamless integrations from our payment gateway directly to your website makes accepting debit and credit cards online easier than ever.


As experts in eCommerce merchant services, we’ll get your business ready to accept eCommerce credit card payments with customized eCommerce payments solutions.


As an eCommerce retailer, it’s important to educate yourself about what credit card fraud looks like, what it involves, and how to arm yourself with eCommerce fraud protection and eCommerce fraud prevention measures.

Merchant Accounts For Bitcoin Mining Hardware

Many hardcore bitcoin and crypto enthusiasts are also bitcoin and cryptocurrency miners. The process of mining is done by the use of a specific programming that solves complex numerical conditions, resulting in the creation of bitcoins. Bitcoin is a constrained currency — it is accepted to be capped at 21 million bitcoins, just 50% of which have been released and are in circulation. As more bitcoin enters into the system, it will make more difficult to mine.


If you’re ready to begin the application process for your merchant account, iPayTotal is here to help. If you have any questions regarding our merchant accounts or different services we offer, you can visit Website to connect with highly experienced and well-educated team, with more than a decade of experience in the industry.An iPayTotal Bitcoin merchant account specialist will guide you each step of the way to ensure quick approval.