10 Best Merchant Crypto POS Systems for Retail Stores

I will be talking about the Best Merchant Crypto POS Systems for Retail Stores. I will explain the most efficient ways to accept cryptocurrency: simple, fast, and secure.

These systems allow retailers to accommodate customers with cryptocurrency wallets, reduce payment fees, and eliminate the risk of price volatility.

We’ll examine the characteristics, advantages, and distinct benefits of each leading cryptocurrency POS solution, from terminal hardware to application-based systems.

What are Merchant Crypto POS Systems?

A Merchant Crypto POS (Point of Sale) system is a technology or apparatus that enables enterprises to process cryptocurrency transactions, much like standard cash registers or card payment terminals.

These solutions enable merchants to receive payments in a cryptocurrency or automatically convert them to fiat currency to circumvent price volatility.

Crypto POS systems can be hardware, software, or mobile applications, and they usually offer QR code and NFC payment systems, as well as e-commerce integration.

The use of POS systems allows businesses to expand their payment options, secure transaction processes, and attract a larger customer base.

How To Choose Merchant Crypto POS Systems for Retail Stores

Accepted Digital currencies – Consider a point-of-sale system that supports the coins customers are likely to purchase, such as BTC, ETH, stablecoins, and other altcoins.

Fiat conversion and settlement – Select systems that are likely to provide crypto-to-fiat conversion to avoid the impact of price volatility.

Cost of transactions – Consider per-transaction costs and other hidden fees, as these might accumulate to a substantial amount over time.

Installation ease – Ensure the system is compatible with your station’s POS hardware and software.

Compliance and protection – Pick a provider with KYB and AML regulations. Also, look for protection against payment fraud and secure payment methods.

Process usability – Ensure the payment processing system is automated, reduces the merchant’s workload, and is simple and quick for customers.

Consistency and customer care – Good customer care and system uptime are very important.

Other services – Ensure services such as a mobile app, a report-generating tool, and a utility for loyalty programs are available.

Key Point & Best Merchant Crypto POS Systems for Retail Stores List

POS System	Key Points
CoinPayments POS	Supports 2,000+ cryptocurrencies, instant conversion to fiat, easy merchant integration.
BitPay POS	Multi-currency support, automatic conversion to local currency, simple hardware integration.
NOWPayments POS	Non-custodial payments, flexible invoicing, supports recurring payments.
Pundi XPOS	Dedicated hardware for offline crypto payments, NFC and QR code support, instant transaction confirmation.
Paytomat POS	Multi-currency crypto acceptance, real-time crypto-to-fiat conversion, mobile and hardware options.
Crypto.com Pay POS	Integration with Crypto.com ecosystem, low fees, supports popular cryptocurrencies.
Binance Pay POS	Direct Binance wallet integration, zero-fee crypto transactions, QR code payment support.
CoinsPaid POS	Supports multiple cryptos and tokens, fiat settlement, secure API integration.
B2BinPay POS	Multi-currency support, customizable checkout, strong merchant dashboard analytics.
Paybis POS	Fast crypto acceptance, easy merchant setup, supports multiple coins and stablecoins.

1. CoinPayments POS

CoinPayments POS IS ONE of the best crypto-point-of-sale systems for retail stores because it combines wide crypto support, low fees, and easy integration into the retail workflow. It supports 2,000 of the most popular cryptocurrencies, enabling retailers to accept any of them easily.

Its POS system is simple and flexible; merchants can easily create payment screens using a URL or an HTML form. Furthermore, CoinPayments charges only 0.5% per transaction, which is much more reasonable than the costs of traditional card payments.

Given its partnerships, such as with Quid POS for micro-businesses and Ovvi for complete retail store systems, retailers can easily and efficiently accept crypto using existing hardware and reduce volatility risk through auto-conversion of payments.

CoinPayments POS Features

1. Multiple Crypto Currency Transactions: Retailers can accept various types of cryptocurrencies, which can be a valuable differentiator. This can be beneficial to retail merchants, giving them a competitive advantage.
2. Competitive Processing Fees: Retail merchants can receive a 0.5% fee from merchant services, which significantly undercuts the costly fee structures of legacy credit card systems.
3. Stable Coin Conversion: Retail merchants can automatically convert received cryptocurrencies to a stable coin, mitigating the risk of price volatility that can lead to the loss of consumer wealth.

2. BitPay POS

BitPay POS enables Best Merchant Crypto POS Systems for Retail Stores to understand their sales through a real-time crypto-to-fiat conversion fully. This payment processor helps retailers avoid losses due to price volatility.

The service works with existing retail integration due to its mobile application-based processing. The service supports the most popular cryptocurrencies, and with over 100 wallets, customers have the most payment flexibility.

Bank transfers like SEPA and ACH allow the service to be available the next business day. This processor is ideal for retailers focused on serving the burgeoning crypto consumer to lock in a lower service cost.

BitPay POS Features

1. Easy and Secure Payment Options for Merchants: With BitPay, retailers can accept credit card payments and are protected from the risks associated with accepting cryptocurrency and price volatility.
2. Portable POS System: Merchants can accept payments using a tablet, or a mobile phone, making it easy to integrate the POS app with their point of sale.
3. Efficient Payment Processing: Payment processing with BitPay is automated, and funds can be settled into a merchant’s bank account (ACH, SEPA, etc.) next business day.

3. NOWPayments POS

NOWPayments POS is the quick, adaptable, and Best Merchant Crypto POS system for Retail Stores. Since it is a non-custodial system, the merchant receives the funds directly into their wallet and does not have to worry about third parties and custodial risk.

Retailers can serve a broader range of crypto customers because it supports more than 250 cryptocurrencies and charges a low 0.5% fee.

Merchants can worry less about crypto volatility thanks to the optional auto-conversion, which lets them convert crypto to fiat instantly. The POS link can be easily created on their dashboard.

NOWPayments POS Features

1. Very low service fee: NOWPayments charges approximately 0.5% on transactions, which is one of the lowest rates in the industry.
2. Custom POS link/terminal: From their dashboard, merchants can generate a custom POS link which can be displayed on any device (tablet/browser) for customers to view the QR code for payment.
3. Flexible withdrawals: After the payment is complete, merchants can decide to withdraw their cryptos and/or convert their payment to fiat.

4. Pundi XPOS

Pundi XPOS is a unique Best Merchant Crypto POS System for Retail Stores because it combines physical terminals with blockchain payment systems, enabling the acceptance of both cryptocurrency and cash through a single terminal running on the Android operating system.

The system works with the most popular POS systems, such as Verifone and Ingenico, so retail stores do not need to install a completely new POS system to accept crypto.

The system is compatible with the p(x)Card, as well as NFC and QR code payments. Lastly, XPOS also includes features such as loyalty program management and customer rewards in crypto, which further enhance the retail experience.

Pundi X (XPOS) Features

1. Dedicated hardware POS device: Pundi X offers XPOS, an entire POS terminal (Android) that enables in-store crypto payments.
2. Cross-chain currency support: XPOS allows for multiple crypto payment options across several different blockchains (e.g. BTC, ETH, BNB)
3. Stable-coin / fiat settlement for merchants: To prevent volatility, merchants can be settled in stablecoins (or via their partners in fiat), which helps with predictability.

5. Paytomat POS

Paytomat POS enables Best Merchant Crypto POS Systems for Retail Stores to accept various cryptocurrencies (over 18+) without any extra hardware requirements. Paytomat seamlessly integrates with existing POS systems.

Their unique merchant QR (mQR) technology streamlines the process by generating a single QR code for customers to scan. This reduces the hardware footprint without sacrificing adaptability.

Paytomat also has a blockchain-based loyalty program with PTM and PTX tokens that incentivizes both customers and merchants. The Lightning Network improvement offers built-in support for fast transactions, reducing fees and improving speed.

Paytomat POS Features

1. Multi-currency payments: Paytomat accepts a wide range of cryptocurrencies for payments, so retailers can serve a range of crypto customers.
2. Fiat conversion: This would likely enable merchants to mitigate exposure to crypto volatility by automatically converting crypto payments to fiat (or stablecoins).
3. POS integration flexibility: Retailers can have Paytomat integrate with their current POS systems, allowing them to keep their existing checkout hardware.

6. Crypto.com Pay POS

Crypto.com Pay POS is a valuable option for Best Merchant Crypto POS Systems for Retail Stores due to its integration with the Crypto.com Ecosystem. Therefore, it connects merchants to its large number of crypto retail customers.

Remarkable about this integration is that merchants pay no transaction fees and can also settle in crypto and fiat, thereby reducing volatility risk in crypto. Paying major supported cryptos such as BTC, ETH, DOGE, and CRO, and providing a merchant app that gives them easy POS access (no other POS hardware) is also very cost-efficient, as anyone can see.

Their newest partnership with Ingenico is also very significant, as it enables physical retail stores to securely and scalably accept crypto payments while seamlessly integrating with their existing crypto payment transaction infrastructure.

Crypto.com Pay POS Features

1. Strong brand and trust: Merchants should be able to attract more crypto (and likely main stream) customers due to the credibility and trust associated with the POS platform.
2. Customer reach: There is a larger customer pool as customers with Crypto.com wallets/ apps can pay merchants through Crypto.com Pay.
3. Settlement and conversion options: Merchants can likely use Crypto.com’s ecosystem to handle crypto received and convert it to fiat (or stablecoin), mitigating potential risk).

7. Binance Pay POS

Best Merchant Crypto POS Systems for Retail Stores benefit from Binance’s large customer base via Binance Pay POS. Streamlined cryptocurrency checkout with QR codes makes paying with various crypto assets instantaneous.

Due to low or non-existent on-chain fees, instantaneous trade settlement, and volatility risk, merchants can seamlessly accept crypto payments and manage assets. These advantages streamline crypto payments for other retail businesses.

Binance Pay POS Features

1. Large user base: Binance’s massive global user base is a key demographic that can be accessed through the Binance Pay POS.
2. Multiple crypto options: There are many coins that customers can use to pay with that are supported by Binance, providing they have flexibility in their payment options.
3. Settlement flexibility: Merchants retain the ability to choose the payment method they receive (likely stablecoins or fiat) to avoid volatility, given the options Binance Pay enables.

8. CoinsPaid POS

CoinsPaid offers the Best Merchant Crypto POS Systems for Retail Stores looking to accept crypto payments because of its easy integration, robust compliance, and excellent liquidity management. Merchants can display a QR code or send a payment request to a customer’s wallet for fast, intuitive checkout.

It accepts more than 20 of the top cryptocurrencies and offers instant conversions to over 40 major fiat currencies, helping retailers achieve stable sales and mitigate the risk of crypto market fluctuations.

The solution does not charge any setup or monthly fees, helping manage expected costs. Most importantly, CoinsPaid’s operations are fully licensed in the EU and comply with KYB/AML requirements, enabling merchants to offer crypto payment solutions with no legal exposure.

CoinsPaid POS Features

1. Enterprise-grade payments: CoinsPaid POS infrastructure is tailored to high-volume/professional dealers which means it is secure.
2. Multi-asset support: CoinsPaid’s infrastructure allows merchants to receive payments in a woefully broad range of cryptocurrencies.
3. Automatic conversion / payout: Merchants are able to avoid the risks involved in crypto price swings by converting crypto payments to fiat or stablecoins and getting a payout.

9. B2BinPay POS

B2BinPay POS provides the Best Merchant Crypto POS Systems for Retail Stores with highly powerful crypto payment functionality, with very low transaction costs, along with instant settlements, so merchants have more flexibility and greater control of their expenses.

The system supports more than 350 cryptocurrencies, enabling merchants to offer payment flexibility to their crypto-paying customers.

The system reportedly provides *off-chain transaction* technology to enhance transaction efficiency and lower costs. The broadest POS API system allows technoloficially sophisticated merchants seamless integration of payment systems and with compliant features (KYT/AML) ensures safe and regulated crypto payment acceptance.

B2BinPay POS Features

1. Blockchain-agnostic terminal: B2BinPay describes POS systems as versatile, enabling payments through simple QR code scanning and a blockchain transaction for the entire fee.
2. Flexible merchant options: Merchants can choose to either retain the cryptocurrency or automatically convert it to fiat or stable assets.
3. Secure transaction flow: The POS generates a payment QR code, and when the customer scans it to send payment, the merchant’s side verifies the transaction on-chain to ensure it is valid.

10. Paybis POS

Paybis POS Best Merchant Crypto POS Systems for Retail Stores (through their crypto-acquiring solution) provides instant settlement and full compliance, which sets it apart as a merchant crypto POS system for retail stores.

Merchants can accept a wide range of cryptocurrencies with Paybis and either cash out instantly to fiat or hold crypto, reducing their exposure to volatility.

Their setup is designed to scale as they seamlessly incorporate their payment widget into merchant checkouts. Also, Paybis provides KYC/AML compliance and offers retail stores solid protection against fraud, enabling them to securely and confidently adopt crypto payment systems.

Paybis POS Features

1. Crypto gateway experience: Being a well-known crypto on/off ramp as well as an exchange, Paybis is likely to have established a compliant and secure infrastructure for payment handling.

2. Different cryptocurrencies: Paybis supports a variety of digital currencies, enabling merchants a range of options when accepting crypto payments.
3. Flexibility in payments: Merchants may be able to convert payments received into fiat or stablecoins, thereby minimizing the risk of crypto volatility.

Conclusion

To summarize, effective merchant crypto POS systems for retail implement simplicity, diverse cryptocurrency options, quick settlement, and compliance with regulations, facilitating an easy, effective payment system for both customers and retailers.

Numerous companies, such as CoinPayments, BitPay, NOWPayments, Pundi XPOS, Paytomat, Crypto.com Pay, Binance Pay, CoinsPaid, B2BinPay, and Paybis, offer cost-effective advantages, including, but not limited to, low-rate fees, immediate fiat conversion, software integrations, and customer loyalty programs.

Streamlined systems help retail stores expand their payment offerings, target customers to protect their assets, and improve crypto savings, all while assisting them to remain compliant and operationalize the systems seamlessly.

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