An Application Programming Interface, otherwise known as an API, is a program that can be integrated into an online platform to complete a function. Payment APIs, therefore, are solutions that can be integrated into a platform to take customer payments. These APIs, through their design, can have different capabilities and functionalities, depending on their purpose and the businesses they have been designed to accommodate.
One of the latest advancements in payment API technology is in the crypto payment processors like Remuno, which allow customer payments to be completed with cryptocurrency.
But how do crypto payment processor APIs compare to fiat currency APIs, like those seen on Stripe? This article will compare the Remuno and Stripe APIs to see which is best for your business venture.
Stripe Strikes Gold With Fiat Payment Processing
One of the most well-known APIs in the current payment processor market, Stripe offers many solutions for businesses looking to grow and expand, both in physical and digital market spaces.
Working with brands like Monzo, Hostelworld, and Deliveroo, Stripe’s clientele speaks for itself when assessing the capabilities of its API. It’s able to power subscription services, on and offline retailers, and a host of mobile apps; the Stripe API has been designed to be adaptable.
It can be added to almost any business built on fiat, designed to be easily integrated not to overcomplicate the process. Between its power and simplicity, the Stripe API is a fantastic payment processor for businesses regarding fiat. However, Stripe is missing a key part of the market without crypto integration. This is where crypto payment processors come in.
Remuno Brings Crypto Payment to the Masses
A crypto payment processor making big waves in the media, Remuno has been building much speculation and hype in the buildup to its launch. While not the first crypto payment processor to hit the market, Remuno has perfected the formula with an API designed to be inclusive for all, even if they do not hold any crypto knowledge. After all, when it comes to success in technological fields, what matters is who does a design best, not who does it first.
This design philosophy of simplicity as an aid to merchants outside of the crypto field can be seen across the Remuno platform. From their easy-to-follow, 3 steps API set-up guide to their simple customer interface, Remuno has streamlined the crypto payment processor integration to make it accessible for all.
The Remuno team will also offer outstanding customer support, giving business owners and merchants all the help they need in installing the API and asking any questions. By providing a good customer service experience, Remuno will likely be highly recommended by businesses, allowing for growth and brand recognition to develop.
Remuno caters to the tokens holding the top 95% of the market share, meaning that tokens like Ethereum (ETH), Dogecoin (DOGE), and Bitcoin (BTC) will be accepted as payment through the API for businesses. This means that there will rarely be an instance where a customer cannot pay for a product due to a lack of the correct funds, making this ideal for businesses and the customer.
For merchants, the reasoning behind integrating an API like Remuno is simple: more options for customers mean more opportunities for purchases, and whether this addition of purchases is large or small, additional purchases are never negative.
Furthermore, Remuno does not charge businesses for signing up, with no set-up or monthly fees. This means that even businesses uncertain of crypto can try the API with no fear of wasting their money, all while the Remuno team walks them through the process.