10 Best Crypto and Fiat Payment Gateways in Hungary

In the following article, I will look at the payment gateways in Hungary that aid businesses in receiving payments in both fiat and cryptocurrency. These gateways accept payments in multiple currencies, settle them quickly, and can be integrated into online store and POS systems.

These particular answers allow Hungarian businesses to grow internationally, minimize transaction risks, and provide customers with various payment alternatives. These gateways enable the secure and efficient acceptance of digital and traditional payments.

What is Payment Gateways?

A payment gateway is the technology that enables companies to process and manage customers’ online payment transactions in an encrypted and secure manner through credit cards and debit cards and other digital wallet payment methods.

Companies that own websites and/or apps can bridge the gap in encrypted and secure payment transactions to financial institutions. Payment gateways also authenticate customers’ payment information, approve or decline transactions, and notify customers.

Payment gateways facilitate secure digital payments that promote eCommerce and global business and are thus very important for online businesses.

Why Use Crypto and Fiat Payment Gateways in Hungary

Accelerated Processing – Compared to traditional banking methods, payment gateways allow instant or almost instant transactions, making it easier to receive payments from both domestic and foreign clients.

Increased Transactional Safety – Payment gateways feature a range of encryption, security safety from various attacks, and advanced cyber fraud threats, making payments safe for both parties.

Variety in Payment Methods – Supporting both fiat and crypto gives merchants the ability to service a larger client base, allowing customers the flexibility to pay via credit card, direct bank transfers, or cryptocurrencies (e.g. Bitcoin, Ethereum).

Borderless Opportunities – The crypto payment gateways enabled for Hungarian firms to receive payment from foreign clients without concerns of a bank’s currency, and cross-border payment transactions.

Reduced Fees – Payment gateways for crypto transactions tend to have lower fees than traditional methods, which helps companies reduce payment processing fees.

Increased Market Participation – The acceptance of crypto payments provides a valuable service, which attracts customers from the tech crypto industry, giving the firms a “first mover” advantage in the growing digital economy within Hungary.

Key Point & Best Crypto and Fiat Payment Gateways in Hungary

Payment Gateway	Key Points / Features
BitPay	Supports Bitcoin & other cryptocurrencies, low fees, merchant tools for online & in-store payments.
CoinGate	Accepts crypto & fiat, instant settlement, integrates with e-commerce platforms.
NOWPayments	Supports 100+ cryptocurrencies, auto-conversion to fiat, easy API for businesses.
PayPal	Trusted global platform, supports credit/debit cards, fast payments with buyer protection.
Stripe	Advanced API for online payments, supports multiple currencies, recurring payments.
B2BinPay	Crypto-focused, high-volume processing, supports stablecoins & major tokens.
Wise	Low-cost cross-border payments, multi-currency accounts, fast bank transfers.
Revolut Business	Crypto & fiat payments, multi-currency wallets, business debit cards & analytics.
CoinRemitter	Crypto payment processing, instant crypto-to-crypto conversion, merchant plugins.
Adyen	Enterprise-level payment gateway, supports multiple currencies & payment methods, strong fraud protection.

1. BitPay

BitPay has Merited Reviews as the Best Payment Gateway in Hungary for its unique capabilities in facilitating both cryptocurrency and traditional payment options.

The service enables Hungarian companies to convert Bitcoin, Bitcoin cash, and other leading cryptocurrency to local fiat currencies, for example, the Hungarian Forint, and automatically mitigating the dangers that come with price volatility.

The service enables complete security and confidentiality, user-friendly dashboards, and plugins to leading eCommerce platforms to make the process as simple and as effortless as possible.

Meriting positive reviews from Hungarian businesses venturing for the first time internationally and want to appeal their tech-savvy customers, are fast transaction processing, quick payment settlements, and reduced transaction costs.

Pros & Cons BitPay

Pros:

1. Allows the automatic switching of crypto to fiat to limit the volatility.
2. Supports many of the major coins and has easy integration to e-commerce platforms.
3. Strong transaction encryption and has merchant tool options.

Cons:

4. Only a few coins are supported.
5. Relatively large fees for small businesses.
6. May rely on a few confirmations to the blockchain, so may be slow.

2. CoinGate

Businesses in Hungary can accept payments in both crypto and fiat using CoinGate, one of the most flexible and reliable crypto and fiat payment gateways. With support for over 50 cryptocurrencies, such as Bitcoin and Ethereum, and with instant crypto to fiat conversion, the risk of crypto volatility is minimized.

CoinGate is also very easy to integrate with popular e-commerce, invoicing, and point of sale software, making it applicable to both online and offline businesses.

Secure payment processing, no hidden fees, and real-time payment processing makes CoinGate one of the most popular payment gateways for Hungarian merchants wanting to streamline their payment processing, improve their business financial efficiencies, and improve their payment processing to customers.

Pros & Cons CoinGate

Pros:

1. Many different types of coins are supported.
2. Has the ability of automatic switching to fiat currencies like HUF.
3. Has a modular approach to integration through the use of API and plugins.

Cons:

4. Low volumes may suffer on the pricing model for fees.
5. Limited local language support for customers may exist.
6. May be larger in the currency that it is processed in for the settlement time.

3. NOWPayments

NOWPayments is a highly regarded payment processors operating in both crypto and fiat payments in Hungary. Their business integration is seamless and supports over 100 different crypto currencies.

They even convert currencies for the merchant in order to protect them from the volitility of the crypto market. Their business in Hungary even has the Forint currency. They offer flexible and remarkably easy processing of payments through the use of multiple plugins for popular e-commerce platforms and also through their APIs.

They also have a great ability for generating invoices. They also offer a high-level of security and low costs for transactions. This makes it easy to expand and grow for Hungarian businesses.

Pros & Cons NOWPayments

Pros:

• Ability to accept over 100 currencies is a plus; merchants can have cryptocurrency flexibility.
• Automatically converts to fiat currency, protecting merchants against crypto market volatility.
• Good API and invoice system assist in the user friendliness of the payment system.

Pros

• May not be as popular, which may reduce user trust.
• Somewhat limited in available fiat currencies for payout.
• Transaction speed is subject to the current state of the blockchain.

4. PayPal

In Hungary, PayPal is inarguably one of the best gateways for processing both crypto and fiat payments owing to its accessibility, and global reach for both consumers and businesses.

It enables its customers to receive payments in several fiat currencies, and, to some extent, is versatile for the modern crypto payments, and thus, fits the needs of traditional payments as well.

PayPal also processes transactions really quickly, and the platform is as reputable as it gets, ultimately gaining customers’ confidence. Moreover, PayPal’s integration with several eCommerce platforms is a blessing to the Hungarian businesses in their quest for internationalisation.

PayPal also does a really good job to protect the transactions and provides instant transfers, and thus, it is easy for businesses to operate financially on a global scale.

Pros & Cons PayPal

Pros

1. Warms users with a well-known and reliable interface.
2. Has buyer protection and is multi-fiat compatible.

1. Very user-friendly for both merchants and consumers.

Cons:

4. Support for cryptocurrencies is much more limited compared to an actual crypto payment gateway.
5. More expensive fees for cross-border or currency-conversion transactions.
6. Under certain conditions, accounts may become frozen or come with restrictions.

5. Stripe

In Hungary, Stripe is considered the best crypto and fiat payment processors. This is mainly due to its flexible and developer friendly systems. Stripe is focused on fiat payment but due to its integration with crypto payment processors, businesses can easily accept crypto and fiat payments.

Stripe has features like subscription billing, multis currency support, real time analytics and excellent fraud protection. It integration with websites, applications and Stripe’s e-commerce tools makes payment processing easy and efficient for businesses. As due these factors and Stripe’s fast settlements, flexible and scalable tools, Stripe helps businesses in Hungary manage payments and grow globally.

Pros & Cons Stripe

Pros:

1. There is no better developer tool set and API for integration.
2. Subscription billing and payment processing for multiple currencies is supported.
3. Improved features for fraud detection and overall advanced security system.

Cons:

4. No built-in crypto processing; integration with a third party is necessary.
5. Both setup and maintenance require a certain level of technical prowess.
6. When dealing with international payments, costs may go up significantly.

6. B2BinPay

B2BinPay is among the top crypto payment gateways in Hungary since they specialize in large volume cryptocurrency transactions and offer immediate exchange to fiat currency.

They support multiple cryptocurrencies, especially stablecoins, and settle instantly to the merchant’s account, thus reducing exposure to cryptocurrencies’ volatility.

B2BinPay has implemented industry-standard security features such as multi-signature wallets, two-factor authentication, and withdrawal/transaction whitelisting, ensuring safe and secure payment transactions.

Due to seamless API integrations, invoicing, support for online and physical payments, Hungarian businesses may now manage their crypto and fiat transactions in one platform, and accept global payments instantly.

Pros & Cons B2BinPay

Pros:

1. Specializes in crypto transactions with a high volume.
2. Supports stablecoins and crypto transactions with other major currencies.
3. Rapid transaction settlement and strong security with 2-factor authentication and multi-sign.

Cons:

4. Limited fiat support; primarily crypto usage.
5. Geared more towards medium to large enterprises, not more so for micro-merchants.
6. Integrating more technical expertise is required.

7. Wise

Wise caters particularly well to crypto and fiat transactions in Hungary owing to its effectiveness in making cross-border payments at a low cost and quickly.

Though currency-wise, Wise is a fiat only business; however, it allows its clients in Hungary to make and receive payments and currency conversion in and out, as well as in real-time for low cost, making it suitable for international business.

Given Wise’s multi-currency, instant payment, account, clients can manage and move money held in dozens of accounts, including Forints.

Wise’s settling is also instant, which will make the integrating of traditional payments and crypto easier for firms that need to make cross-border payments brutally, to pair international services.

Pros & Cons Wise

Pros:

1. Very minimal cost for cross-border fiat payments.
2. Supports multiple currency accounts, including HUF.
3. Quick and straightforward bank account settlement.

Cons:

4. Does not support payments with cryptocurrency.
5. Wasn’t built as a traditional gateway for payments and e-commerce.
6. Certain fees apply and differ according to the currencies.

8. Revolut Business

Revolut Business has one of the best payment processing solutions for both crypto and fiat payments in Hungary. Its unique advantage is the ability to provide multi-currency accounts with cryptocurrency support as well.

That means any business gets to control and manage multiple methods of payment in different currencies. Revolut Business is integrated with real-time currency exchange. Customers have crypto in Ethereum and Bitcoin and can instantly exchange to other currencies when needed.

Revolut Business issues their clients debit cards and provides automated expense and accounting integration. Hungary has the unique integration in the EU for management of fiat and crypto currencies on the same platform.

Pros & Cons Revolut Business

Pros:

Supports both fiat and limited crypto wallets.

• Multi-currency accounts with instantaneous conversion of currencies.
• Business debit cards and expense management software.

Cons:

• Local regulations may limit crypto services – recently pulled out of Hungary.
• Certain business plans have transaction fees.
• Not all functionalities may be available or fully compliant in Hungary.

9. CoinRemitter

CoinRemitter is inarguably one of the best crypto and fiat payment gateways in Hungary as it grants businesses the ability to effortlessly accept multiple cryptocurrencies and provides businesses the option for quick conversion to fiat as well.

CoinRemitter supports major coins like Bitcoin, Ethereum, and Litecoin where merchants can receive instantaneous payments into their wallets, and thus do not have to rely on problematic third party exchanges.

CoinRemitter provides all merchants with seamless integration for e commerce, auto invoicing, and two-step verification to improve the safety of crypto and fiat transactions.

CoinRemitter is an exceptional alt payment gateway for businesses in Hungary who are looking to expand internationally for their crypto and fiat payment management as it provides low transactional fees and excellent real life services.

Pros & Cons CoinRemitter

Pros:

• Payment of various crypto currencies is accepted.
• Real-time conversion to fiat is available in order to lessen volatility.
• Good security with 2FA and private control of wallet.

Cons:

• Not as popular or widely accepted around the world.
• Potentially does not assist clients with fiat.
• Any confirmation times of blockchain can lead to delays.

10. Adyen

Adyen is one of the top payment service providers in Hungary which supports crypto and fiat payment options processed with a single payment service provider.

Adyen supports multiple fiat currencies payment and synergizes with various crypto payment service providers to enable global currency and crypto transactions. Adyen helps merchants process transactions in Hungary with more confidence and efficiency.

Merchants with online shops, mobile apps, or even physical stores can integrate Adyen to streamline the payment processes, provide fraud protection, and gain access to more efficient reporting. Adyen is one of the best options for Hungarian merchants looking to grow international as it supports crypto payments.

Pros & Cons Adyen

Pros:

• Enterprise-level payment offerings with a wide variety of fiat currencies.
• Excellent fraud risk management and detection.
• Payment can be integrated with online and mobile in-store systems.

Cons:

• Setup costs are very high especially with smaller businesses.
• Complex systems that need dedicated management resources.
• Little native crypto acceptance without other integrations.

Features

Multi-Currency Support

Most gateways enable businesses to receive payment in the Hungarian Forint (HUF), other major fiat currencies and top cryptocurrencies such as Bitcoin, Ethereum and stablecoins.

Instant Conversion

Crypto payments get converted to fiat automatically which helps businesses mitigate the risk of cryptocurrency volatility.

Secure Transactions

Transactions are secured with advanced encryption, two-factor authentication, fraud detection mechanisms, and other methods to safeguard merchants and customers.

E-Commerce Integration

Seamless integration with all major online commerce platforms such as WooCommerce, Shopify, and Magento, as well as custom developed websites.

Cross-Border Payments

Supports international transactions with minimum transaction costs and real-time conversion of currencies.

User-Friendly Dashboard

Reporting, analytics, invoicing, and transaction management tools are included in the same interface.

Flexible Payment Options

Employees can make payments online, at point-of-sale, via invoice, and through subscription-based billing.

Low Transaction Fees

Transaction costs are much lower than those offered by traditional banking system, or other payment processors.

Instant Settlement

Payment is processed in a way that settles quickly, i.e., the payment is already in the merchants bank account, which improves the merchants cash flow.

Conclusion

To sum up, the most effective cryptocurrency and traditional payment gateways in Hungary equip companies with the ability to effortlessly, securely and flexibly accept payments from both domestic and overseas consumers.

Supporting an array of diverse digital currencies along with traditional fiat options currency support, these gateways enable merchants to mitigate exposure to transaction risks, simplify their business processes and elevate their business to the next level.

BitPay, CoinGate, NOWPayments, PayPal, Stripe, B2BinPay, Wise, Revolut Business, CoinRemitter and Adyen all stand out in the market and create significant value thanks to instant settlement, high-level protection, seamless interoperability and low costs. Hungarian companies are in a position to remain agile, due to these gateways.

FAQ