Accurate market pricing for crypto payment processing
Calculate payment amounts, convert currencies, and process crypto transactions using real-time market data, exchange rates, and historical pricing.
Payment processors enable merchants to accept and process cryptocurrency payments alongside traditional payment methods.
They calculate payment amounts, convert between cryptocurrencies and fiat currencies, settle transactions, and provide reporting for merchants and financial partners. Accurate market pricing is essential throughout the entire payment lifecycle.
Every payment depends on the market price at the moment it is processed.
Crypto prices can change within seconds, making it difficult to calculate payment amounts, settle transactions consistently, and provide accurate reporting. As payment volume grows and more assets are supported, maintaining one pricing methodology across the platform becomes increasingly important.
Use real-time market data to determine the crypto amount required for every transaction based on current market conditions.
Use the Exchange Rates API together with normalized market data to calculate accurate conversions between cryptocurrencies and fiat currencies throughout the payment process.
Use the same pricing methodology for payment calculations, settlement, reporting, and reconciliation instead of relying on different pricing sources across services.
Access historical prices and exchange rates through APIs and Flat Files to reproduce payment values for reconciliation, audits, customer support, and refunds.
Add new cryptocurrencies and exchanges through one standardized market data platform instead of integrating separate pricing providers for every supported asset.
| What You Need | Before CoinAPI | After CoinAPI |
|---|---|---|
| Calculate payment amounts | Refresh prices from multiple market sources manually | Calculate payments using normalized market data and live exchange rates |
| Handle market volatility | Different services use different market prices during checkout and settlement | Apply one pricing methodology throughout the payment lifecycle |
| Convert between crypto and fiat | Maintain separate currency conversion systems | Use the Exchange Rates API for consistent conversions |
| Reconcile payment history | Store and maintain historical pricing internally | Retrieve historical prices and exchange rates through APIs and Flat Files |
| Support more cryptocurrencies | Integrate a new pricing provider for every additional asset | Expand coverage through one standardized market data platform |
| Provide consistent merchant reporting | Generate reports from multiple pricing sources | Produce reports using one consistent market pricing model |
