GAS Payments

What is GAS payment?

Don’t mistake the GAS coin for the gas fee that you pay to initiate transactions in the Ethereum network, although it’s quite similar. The GAS is one of two native coins of the NEO blockchain focused on creating smart contracts just like Ethereum.

The GAS is used to manage rights to the other currency of the network - the NEO coin. Also, the GAS coin is an operational currency and acts as a fee allowing the execution of the transactions in the network in general and smart contracts in particular. Holders of NEO get GAS for staking it, otherwise, you can buy it or trade for another crypto.

GAS Payment Benefits:

Fast
Transactions in the NEO network are generally faster than on many other networks due to the implementation of the Delegated Byzantine Fault Tolerance (dBFT) consensus algorithm.
Sustainable
Unlike other cryptocurrencies, GAS doesn’t require a lot of resources, and it is more capable thanks to the unique consensus algorithm of the network.
Superconducting Transactions
NEO’s exchange transactions are settled on-chain while order matching is done off-chain and combines the efficiency of the mainstream exchanges with the security of decentralized ones.

Various online merchants can benefit from introducing GAS as a payment option on their websites. It’s fast and secure, and more importantly, can land you a group of new customers - NEO enthusiasts. Accepting the GAS on your gaming platform can help you with acquiring new customers. Just create a NOWPayments account, enter your wallet address and generate an API key.
The integration process is fast and easy. Follow the steps below to accept GAS on your website:

First, you need to sign up for a NOWPayments account. The process shouldn’t take more than a minute!
Next, go to Store Settings to enter your wallet address and add a new API key.
Paste this API key in the required place for any type of GAS payment gateway. It can be our widget, button, or invoice module.
The integration will be active on your website, and you’re ready to accept payments in GAS coin.

By integrating the GAS payment solution you will give your customers the right to choose the most convenient way of paying for the goods and services. And chances are, they will truly appreciate it.

Set up account

Choose your
integration

Place the pay button
on your website

Get profit

Frequently Asked Questions

What is the service fee?

The service is fee is one of the lowest available and it depends on your discount. It goes up to 0.5%. To keep our service available to holders of many cryptocurrencies, we enable automated crypto conversions. If there is such a conversion involved during the transaction, our exchange partner can also charge a fee of up to 0.5%.

What is the minimum payment amount?

With the exception of several coins, the minimum payment varies between $3 and $5. The minimum amount varies based on the transaction pair involved. However, we work to provide the best possible service, and we try to lower these amounts whenever we can!

Do you accept coins other than GAS?

Yes, we do! A whole lot of them, actually, We also keep an eye on the crypto market and add support for new coins you can use to receive payments on your website! Even if certain coins aren’t officially supported by NOWPayments, we often use automated exchanges to make sure your customers don’t leave your website because the coin is not supported! To use other cryptocurrencies instead of GAS, navigate here and choose a supported coin from the list!

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Accept GAS Payments

What is GAS payment?

GAS Payment Methods

GAS widget

GAS button

Invoices

API

Plugins

Frequently Asked Questions

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