Cryptocurrency payments are no longer just a small part of online retailers. Instead, it has become something that freelancers, creators, and those who supply digital services can’t live without. As digital currencies like Ethereum become more popular, platforms like BitLily make it easy for businesses to accept them as payment. But how does an Ethereum payment gateway work for online stores?
What is a way to send Ethereum payments?
With an Ethereum payment gateway, online retailers can accept Ethereum (ETH) as payment for goods and services. BitLily is a decentralized payment solution that doesn’t need KYC. It also lets you pay using more than one blockchain and stablecoins.
The gateway connects your online store directly to the Ethereum blockchain. BitLily records the transaction on-chain, checks it straight away, and sends the money into your account, either in crypto or cash, when a customer pays with ETH.
How Ethereum Payments Work on BitLily
- Customer Checkout: First, the buyer chooses Ethereum or a supported stablecoin at checkout.
- Payment Request: Then, BitLily generates a payment invoice through its crypto invoicing API, showing the exact amount and merchant wallet address.
- Blockchain Confirmation: Next, the transaction is broadcast to the Ethereum network and confirmed on-chain, usually within seconds to minutes.
- Settlement & Conversion: Merchants can either hold funds in crypto, receive stablecoin payouts, or use crypto-to-fiat settlement. BitLily handles multi-chain processing and cross-border payments automatically.
- Order Completion: Finally, once payment is confirmed, BitLily notifies the merchant and completes the transaction.
Advantages of Using BitLily’s Ethereum Payment Gateway
✅ No-KYC Crypto API: Onboard merchants quickly without lengthy verification.
✅ Multi-Chain Support: Accept Ethereum, USDC, USDT, and other tokens effortlessly.
✅ Instant On-Chain Payments: Transactions settle faster than traditional processors.
✅ Cross-Border Payments: Customers worldwide can pay without FX fees or banking delays.
✅ Crypto-to-Fiat Settlement: Convert digital assets automatically to local currency.
✅ Secure and Transparent: Blockchain verifies each transaction and ensures immutability.
Why businesses should think about taking payments in Ethereum
BitLily is a payment gateway for Ethereum that helps merchants reach more individuals across the world who use cryptocurrency. They can also charge less for transactions than credit cards. Web3 payments infrastructure can also be used by businesses to offer digital goods and services. Right now, BitLily also lets customers receive crypto rewards and loyalty programs.
As a result, merchants who adopt crypto payments early can gain a significant competitive edge.
Get Started With BitLily Crypto Card
Don’t just accept crypto — use it to empower your business. With the BitLily Crypto Card, merchants can:
- Accept Ethereum, USDC, USDT, and multiple digital assets easily
- Enjoy instant on-chain payments and crypto-to-fiat settlement
- Integrate BitLily’s Web3 payments API for subscriptions, invoicing, or e-commerce
- Enable freelancers and creators to receive payments securely without KYC delays
Also, signing up is fast, and merchants can start accepting crypto in minutes.
👉 Sign up for your BitLily Crypto Card today and start accepting cryptocurrency payments instantly.
🔗 Click here to get started