A lot of business owners, freelancers, and digital creators want to know, “What is a crypto merchant service?” In short, it’s a way for businesses to accept cryptocurrency as payment for goods and services. The service processes payments directly on the blockchain instead of going through banks. Because of this, transactions are quicker, less expensive, and safer.
BitLily offers one of the most advanced crypto merchant services, which are essential for modern Web3 businesses. BitLily makes it easy for merchants to accept Bitcoin, Ethereum, USDT, USDC, and other digital assets through a Web3 payment API.
How Crypto Merchant Services Work in Web3
To understand how these services function, it helps to look at the payment flow. When a customer pays with crypto, they send funds from their wallet to a merchant address. After that, the blockchain confirms the transaction. Once it’s verified, BitLily’s crypto payments API notifies the merchant instantly.
Because everything runs on-chain, payments settle within minutes rather than days. In addition, there are no chargebacks, no frozen funds, and no middlemen. This structure makes blockchain payments more transparent and reliable.
Why Companies Use BitLily to Accept Cryptocurrencies
BitLily is a good choice for businesses because it has tools that work well for freelancers, creators, SaaS platforms, marketplaces, and global e-commerce stores. BitLily also works with a lot of different chains, stablecoins, and payment methods.
Here are a few key advantages:
- Accept Bitcoin, Ethereum, USDT, and USDC
- Use a no-KYC crypto API for frictionless onboarding
- Send on-chain invoices through the crypto invoicing API
- Automate payouts with the stablecoin settlement API
- Integrate payments into any website or app using a simple Web3 gateway
Through these features, BitLily helps businesses accept crypto worldwide with ease.
Features of a Modern Crypto Merchant Platform
A strong crypto merchant service usually includes:
✅ Blockchain payment gateway — enables secure, fast on-chain payments
✅ Stablecoin payment API — reduces volatility using USDT or USDC
✅ Multi-chain support — process payments across multiple networks
✅ Crypto invoicing system — perfect for freelancers and service providers
✅ Decentralized transaction settlement — eliminates third-party control
✅ Developer-friendly API — easy integration for platforms and apps
Thanks to these tools, BitLily offers a complete Web3 commerce infrastructure.
Crypto Payments vs. Regular Payment Processing
Even though traditional payment processors are still common, crypto-based payments have a lot of benefits. For example, crypto settles faster, costs less, and works across borders without banks. In addition, blockchain transactions don’t have the risk of chargebacks.
| Feature | Crypto Merchant Service | Traditional Processor |
|---|---|---|
| Settlement Speed | Minutes | 2–7 days |
| Chargebacks | None | Yes |
| Global Access | Unlimited | Restricted |
| Fees | Low | High |
| Censorship Risk | None | High |
| Supported Assets | Crypto + stablecoins | Fiat only |
Who Benefits From a Crypto Merchant Service?
A crypto merchant service is useful for:
- Freelancers accepting international clients
- Digital service providers
- SaaS platforms
- Web3 apps and marketplaces
- Subscription businesses
- Content creators
- Developers building Web3 tools
- E-commerce stores
Since BitLily supports global, multi-chain payments, businesses in nearly any industry can use it to reach worldwide customers.
Start Accepting Crypto Payments With BitLily
The future of commerce is digital, and BitLily makes it easy to join the Web3 economy. With BitLily, you can:
✅ Accept Bitcoin, Ethereum, and stablecoins
✅ Use fast and secure on-chain payments
✅ Integrate a crypto checkout with simple APIs
✅ Automate payouts with stablecoin disbursement
✅ Operate globally with no KYC requirements
✅ Send crypto invoices in seconds
👉 Start accepting crypto payments with BitLily today — and transform how your business gets paid.