How To Accept USDT (Tether) Payments

Thinking about accepting cryptocurrency payments? USDT (Tether) might be the easiest way to get started. As one of the most widely used stablecoins, it offers a reliable and simple option for both businesses and their customers. In this article, we’ll explain how USDT payments work, how to integrate them into your site, and why Tether could be a smart move for your business.

USDT As A Payment Method

Before we look at the payment aspect of a USDT coin, it’s better to examine what USDT is and what its value is in the cryptocurrency sphere. Let’s see!

USDT (Tether) is a stablecoin — a type of cryptocurrency that is pegged to the US dollar. Its key feature is price stability: 1 USDT is designed to always equal $1, regardless of market fluctuations. This makes it especially attractive for payments, as it eliminates the risks associated with volatility that are typical for cryptocurrencies like Bitcoin or Ethereum.

USDT is commonly used for making payments due to clear calculations, ease of use, and simplicity of integration into any business.

The USDT payment method allows you to use Tether coins for paying for goods and services or sending them to others via transfer. In the case of making purchases using crypto, many cryptocurrency enthusiasts prefer utilizing USDT as a payment, as well as most sellers choose to accept receivings in this digital currency.

Why Should You Accept Tether Payments?

Accepting Tether payments can offer several essential advantages, especially for businesses and individuals engaged in digital transactions or international trade. Here they are!

• Stability. This is the first and most obvious advantage that comes to mind when users consider the benefits of Tether. Being pegged to the US dollar, USDT offers price stability that makes it stand out from more volatile cryptocurrencies.
• Global transactions. Tether simplifies international payments by eliminating the need for traditional banking channels, which can take 3–5 business days to process cross-border transfers. In contrast, USDT transactions are typically completed in under 5 minutes.
• Lower transaction fees. USDT transfers typically involve significantly lower fees than traditional banking systems. For example, international wire transfers can cost $25–$50 per transaction, not including additional currency conversion fees of 1–3%. In contrast, USDT transfers via TRC-20 often cost less than $1, and even on more expensive networks like ERC-20, fees rarely exceed $5–$10.
• Ease of use and convenience. For crypto-savvy users, USDT is a practical, straightforward payment option due to its stable value and liquidity. Even first-time users find it approachable, making it an ideal entry point into the world of cryptocurrency.
• Wide adoption across Industries. USDT is one of the most commonly accepted stablecoins in both online and offline environments. Its consistent value and market reliability make it a preferred option for merchants, while users benefit from widespread acceptance and seamless transactions.

How to Accept Tether Payments?

USDT is a universal option for sending and receiving payments that suits almost everyone. Tether payments are perfect for making purchases at various online stores and services, where they're accepted.

What should you do to start accepting Tether as a business? The following simple steps will help you get started. Let’s take the easiest route as an example and look at how to use the Cryptomus payment gateway to accept cryptocurrency payments, including USDT, quickly and securely. Here’s what you need to do:

Step 1. Firstly, sign up for a Cryptomus account if you don’t have one. You can choose any suitable method of registration: using a phone number, email, or doing it directly via Telegram, Apple ID, Facebook, or by linking an account to your Tonkeeper wallet.

Step 2. After creating your account, the first step must be enabling Two-Factor Authentication (2FA) and setting up a PIN code for added security of your personal data and funds. By the way, if you want to accept USDT as a business, then you certainly need to create a Cryptomus business wallet that will definitely be helpful in crypto payment acceptance. To do it, just pass the KYC (Know Your Customer) procedure.

Step 3. Now, it’s time to choose the preferable integration payment option. Cryptomus provides various of them, including API, e-commerce plugins, etc. Detailed documentation is provided for an effortless integration process. You can also find the comprehensive guides and instructions to the plugins’ setup on the Cryptomus blog.

Step 4. After you've finished the process, it's crucial to test the payment system. Make a few transactions to assess the interface and estimate terms. Once you're satisfied with the functionality, take some time to explore additional Cryptomus features like the auto-converter, invoice management, WhiteLabel, etc.

Step 5. The last one that is left is your necessity to get your customers into the course of fact that you’re already able to accept Tether and educate them to interact with the new payment options correctly. Thoroughly check the first test transactions to be sure that all processes operate smoothly, and if you encounter any issues, the Cryptomus customer support team is readily available to assist you until your integration is successfully completed.

Is it Safe To Accept USDT?

When it comes to security, USDT has a leading position among all other cryptocurrencies. Tether is one of the most reliable and secure stablecoins in the market due to its stability and effectiveness, which attract most merchants worldwide. That’s why accepting USDT payments involves a great number of benefits, both for business and personal goals. Being one of the most affordable cryptos to acquire, most crypto-enthusiasts prefer using it for making purchases and paying for services. By the way, most stores and companies already accept USDT as a full-fledged payment option, considering it quite common for most people.

We hope this article was handy for you, and now you have no doubts about whether you should accept payments in crypto or not. Make convenience and speed your major priority, so Cryptomus is always here to help!