The way digital businesses manage their finances is changing as a result of Web3 technology. In order to reach a global audience, more brands are turning to cryptocurrency-based payments for everything from freelancers to international e-commerce platforms. But how do you choose the best Web3 payments API for your company when there are dozens to choose from?
Here are some things to look for and how BitLily’s crypto payments infrastructure facilitates the easy acceptance, transmission, and management of digital payments around the world.
1. Support for Multiple Chains
Multiple blockchains and tokens, not just Bitcoin and Ethereum, should be supported by a robust Web3 payments API. This adaptability enables you to accept native tokens, altcoins, and stablecoins (USDC, USDT) on a variety of networks, including Solana, Polygon, and BNB Chain.
BitLily Advantage: BitLily’s multi-chain payment processor enables vendors to accept payments from major blockchains with a single, easy-to-integrate API, allowing your clients to pay with the token of their choice.
2. Decentralized Payments Without KYC
Autonomy and privacy are fundamental Web3 tenets. In order to maintain compliance and security through on-chain transparency, a good Web3 payment API should provide no-KYC options for specific transactions.
BitLily Advantage: BitLily’s no-KYC crypto API enables creators and freelancers to get cryptocurrency payments worldwide without the hassle of drawn-out onboarding or banking red tape.
3. On-Chain Settlement and Openness
For real-time traceability, a Web3 payments API should settle transactions directly on-chain, in contrast to Web2 gateways. This increases trust, cuts down on delays, and eliminates middlemen.
The benefit of BitLily is that all payments made via its on-chain payments API are transparently recorded on the blockchain, guaranteeing complete traceability and immediate settlement.
4. Integration of Stablecoin
One of the main issues with cryptocurrency is volatility. For seamless crypto-to-fiat settlements and consistent pricing, a trustworthy API should integrate stablecoins.
BitLily Advantage: BitLily enables businesses to accept cryptocurrency while safeguarding against price fluctuations by supporting USDT, USDC, and other stablecoin payment APIs.
5.Simple Integration for Developers
The top Web3 payment APIs provide test environments, SDKs, and clear documentation, making them developer-friendly. Integration should take hours, not weeks, whether you’re creating an invoicing system or a marketplace.
BitLily Advantage: BitLily’s Web3 commerce infrastructure is built with ease of use in mind. With just one integration, your platform can access merchant services, cross-border payments, and cryptocurrency invoicing.
6. Crypto-to-Fiat and Cross-Border Settlements
Crypto-to-fiat settlements should be made possible by a next-generation API for companies looking to pay suppliers worldwide or cash out profits.
BitLily Advantage: BitLily’s cross-border crypto payments system and crypto-to-fiat settlement API facilitate easy money transfers for merchants and freelancers without the usual banking holdups.
7. Decentralization and Security
Security cannot be compromised. To safeguard user funds, a reliable Web3 payments API should make use of encryption standards, multi-signature wallets, and decentralized smart contracts.
BitLily Advantage: By removing single points of failure, BitLily’s decentralized payment platform guarantees that all transactions are safe, validated, and trustless.
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Accept Crypto Payments the Smart Way With BitLily
Whether you’re a digital creator, freelancer, or online business, BitLily makes it effortless to accept and manage crypto payments.
With BitLily’s Web3 Payments API, you can:
- Accept Bitcoin, Ethereum, and stablecoins from anywhere
- Integrate a decentralized payment gateway in minutes
- Get instant, on-chain settlements with full transparency
- Enjoy no-KYC onboarding and multi-chain support
- Use the BitLily Crypto Card to spend your earnings anytime
👉 Start accepting crypto payments today with BitLily — your complete Web3 payment solution.
🔗 Sign up and get your BitLily Crypto Card