Litecoin (LTC) is a cryptocurrency built on the premise of quick confirmation times and low transaction fees. These features, combined with the increasing desire to have greater control over one's finances, are quickly propelling Litecoin towards becoming the new global payments standard for consumers and businesses worldwide.
Litecoin was created in 2011 using a similar framework to Bitcoin which was actually a fork of Bitcoin from the start. Litecoin set out to solve Bitcoin’s scalability issues and after a number of modifications, changes and new protocols, it went on to become popular with the community and is now often referred to as the “silver” to bitcoin’s “gold”.
Litecoin’s price history reveals it to be one of the best performing digital currencies with a stable price since its inception. This relative stability has given it a push in the right direction in terms of adoption as currency and has made it an attractive option for any merchant wishing to offer payment services as a Litecoin merchant processor.
Litecoin’s stability has been a big plus point and is one of the main reasons it is a permanent fixture in the top 10 list of cryptocurrencies. In parallel, there has been a rise in demand by customers wanting to use Litecoin for payments. This has created a requirement for a payment processing solution with the ability to cater for individuals and businesses wanting to accept Litecoin payments. This is known as a Litecoin payment gateway, which is a decentralised payment platform enabling merchants to accept transactions in Litecoin.
Plisio service allows you easily to get payments in the most popular cryptocurrencies, including Litecoin. And to make operations easier, all received payments are automatically calculated in EUR / USD or in LTC, depending on the parameters you set.
To integrate our payment gateway on your site, choose:
- One of the ready-made Plisio integrations for e-commerce content management systems or web-billing platforms
- API for a developer that can be customized for any website and other platforms
- Payment buttons for accepting donations or simple payments (for example, if you sell only one or a few products)
To start accepting Litecoin, as well as Ethereum, Bitcoin and other cryptocurrencies, first sign up. Then create API credentials if you are going to use our e-commerce plug-ins or APIs. If not, just create your payment button.
To keep all payments received in a cryptocurrency (i.e. receive payments in litecoins) on Plisio, verification is not required.