What Is The Difference Between Centralized And Decentralized Payment Gateways?

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aarong1990

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When your business accepts online payments, you can choose between two main types of payment gateways: centralized and decentralized. A centralized payment gateway works through a trusted company that handles everything, from processing payments to keeping data safe and solving any payment issues. This makes transactions fast and easy for your customers. However, you rely on this company to protect your information, and there may be higher fees involved.

Decentralized payment gateways use blockchain technology to let buyers and sellers pay each other directly without a middleman. This system gives you more control over your money, improves security, and usually costs less in fees. Sometimes these payments take a bit longer because of how blockchain works, but they offer a modern and transparent way to handle transactions. If you want to add these options to your business, working with a trusted crypto payment gateway development company can make the process smooth and problem-free.
 

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