Description
Litecoin Payment Gateway is a service that allows businesses and individuals to accept payments in the cryptocurrency Litecoin (LTC). It provides a fast and secure way for customers to pay and simplifies transaction processing for entrepreneurs. Litecoin is one of the oldest and most stable cryptocurrencies, known for its low fees and fast transaction confirmations, making it convenient for everyday payments.
The payment gateway automatically generates a payment address or QR code that the customer can scan from their crypto wallet. After the transaction is confirmed, the system notifies the recipient that the funds have been received. In some cases, the gateway can also automatically convert the received Litecoin into fiat currency or another cryptocurrency ( crypto payment gateway 0xprocessing )