Tether belongs to a new breed of cryptocurrencies called stablecoins which aim to keep cryptocurrency valuations stable. Introduced in October 2014, it is a blockchain-based cryptocurrency backed by an equivalent amount of traditional fiat currencies.
Tether, denoted by the USDT symbol, is presently only supported by the US dollar and is currently ranked inside the top 10 coins by market capitalisation. Its position reflects its increasing popularity as a cryptocurrency payment method for customers who want to pay for goods or services using this method and are looking for merchants that accept USDt.
USDT Payment Gateway
Thanks to its popularity, USDT is an in-demand payment method. Businesses wishing to accept USDT payments may enlist the help of specialised providers to facilitate this process by offering a cryptocurrency payment processing system known as a USDT payment gateway, a decentralised payment platform which essentially allows merchants to accept USDT transactions. One of the key benefits of these type of payments is that transaction costs are much lower than with traditional payment methods, but there are also a host of other benefits.
As a leading merchant processor, Plisio, enables merchants to offer their customers USDT and more as a payment option. Features include low processing fees, no recurring fees, no hidden charges, real-time balance/transaction history.
Plisio service allows you easily to get payments in the most popular cryptocurrencies, including Tether. And to make operations easier, all received payments are automatically calculated in EUR / USD or in USDT, 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 Tether, as well as Ethereum, Litecoin 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 usdt) on Plisio, verification is not required.