How To Accept USDT (Tether) Payments

Have you ever wanted to accept cryptocurrency as a form of payment? If yes, today we’ll speak about USDT. Integrating this popular coin as a payment method into your website is quite a simple process, if you know for sure what to do exactly and how USDT payments work. We will discuss what the entity of USDT is, how to incorporate it correctly, and what the benefits can you get from it.

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 or Tether is the most widely-spread stablecoin, a type of cryptocurrency that is always pegged to the US Dollar, making it stable compared to other popular cryptocurrencies, such as Bitcoin, Ethereum, Solana, etc.

This coin was naturally designed to be kind of a mirror image of the US dollar, as a symbol of stability and centralization. That’s why Tether is commonly used for making payments due to its no volatility, 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. The first and main point that comes to mind when users think about Tether’s benefits. Being attached to the US dollar makes this stablecoin competitive with other cryptocurrencies, which have a relatively unstable exchange rate.

• Global Transactions. Tether enforces international transactions, making them more convenient and efficient. Additionally, since USDT is a digital currency, cross-border payments do not need to rely on traditional banking systems, which are usually slower with even higher fees.

• Lower Transaction Fees. Transactions made using USDT have lower fees compared to that of traditional banking, especially in international transfers.

• Ease of Use and Convenience. For crypto-savvy customers, USDT may seem easier and more convenient to make payments with since it has a stable value and high liquidity. It is especially striking for crypto newbies or those who are in touch with cryptocurrency for the very first time.

• Wide Adoption In Many Spheres. Most stores and online services prefer to accept payment in USDT, as it is the most accessible option, not subject to volatility and sharp jumps or changes in the market. It provides customers with a wide acceptance, making it easy to buy, sell, and, actually, participate in crypto 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 help you to start:

• Find a reliable USDT payment gateway;

• Create a crypto wallet account;

• Enable 2FA and pass the KYC procedure to protect yourself and your Tether funds as well;

• Get your crypto wallet address or create an invoice, and share it with people who want to send you USDT;

• In the case of a large business, you can also integrate the particular crypto payment gateway into your company’s website or store to allow customers to pay you with USDT;

• Wait for your Tether receivings to be credited and monitor them carefully. In case of strange activity, immediately notify the platform's support.

You can also go the easiest way and start using the Cryptomus payment gateway to accept cryptocurrency payments, including USDT ones, with peace of mind. All you need to do is described below:

• 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.

• 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.

• 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.

• 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.

• 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!