Accept cryptocurrency wordpress

Bitcoin in particular is very popular. According to Statista, there are at least 70 million unique Bitcoin wallets, meaning there are likely as many bitcoin users. To this end, many e-merchants are scrambling to start accepting bitcoin and other cryptocurrency payments. This means that cryptocurrency essentially just becomes another way to accept payments. All bitcoin payments are automatically converted into your fiat currency at the point of sale. Thus, all your money is in the same currency for accounting purposes.

However, it gives your customers more payment options. NOWPayments NOWPayments is a non-custodial crypto payment gateway that allows merchants to accept payments in more than cryptocurrencies. If you already do, the next step is to set the bitcoin address as your outcome wallet. From there, all the money from your bitcoin payments will go to that wallet. However, the main difference is that it only processes bitcoin payments.

However, the biggest advantage of BitPay is that it supports a wide range of payment methods. You can add payment buttons to hosted checkouts, embed invoices, and add plugin integrations. Merchants can also opt for daily bank deposits and get the BitPay MasterCard debit card for greater convenience.

CoinBase Commerce Alternatively, you can avoid crypto and other payment processes and accept bitcoin payments within your crypto wallet. Once registered, follow the steps given below. After installing it you need to click on active, and the CoinRemitter plugin is installed into your WordPress website. You need to set up your account and wallet in the Coinremitter when you have finished installing the Coinremitter plugin, so you can accept cryptocurrencies.

See Plugin on WordPress Go to CoinRemitter Website, if you already have an account then just log into it, or if you are new then just sign up for a new account. Once you log in to your account go to the wallet option and create a wallet for a specific currency which you are willing to accept as payment.

Now you need to set up a wallet on the Coinremitter plugin, so open the plugin in WordPress.

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Features: Encryption for all sensitive data Support for over 50 cryptocurrencies Autoconversion provided by ChangeNOW Pricing: Transaction fees are priced at between 0. Another 0. Blockonomics If you run a WooCommerce store, you can use the Blockonomics plugin to accept Bitcoin as payment for your products and services. After activating this WordPress Bitcoin plugin, you can add a payment button to every page of your online store. You can share payment links with your customers directly via email, instant messaging, and social media platforms.

This makes Blockonomics an ideal plugin for running marketing campaigns. This WordPress Bitcoin plugin sends payments directly to your Bitcoin wallet, rather than a payment gateway. Its fully decentralized approach means that you often receive your money faster.

It also helps you avoid withdrawal fees. Features: Payments are sent directly to your Bitcoin wallet. It supports a range of popular wallets including Ledger Nano S , Blockchain. The checkout process happens entirely on your website. At the time of this writing, your first ten transactions are free. However, GoUrl only forwards payments to your Bitcoin wallet, rather than converting them into your local currency.

According to the GoUrl documentation, all payments are forwarded to your wallet within 30 minutes of the transaction. Unlike some other payment gateway plugins, GoUrl is open source. This enables you to provide a more seamless checkout experience, which can inspire a sense of trust among your customers and help reduce cart abandonment rates.

This WordPress Bitcoin plugin supports a range of payment options. This includes pay-per-product, pay-per-download, page-per-page, and pay-per-membership. You can also use GoUrl to accept payments from registered and unregistered users. This flexibility can help you provide a higher level of customer service and maximize your conversions. Features: Accept Bitcoin payment for a variety of physical and downloadable products and services Receive payments directly to your Bitcoin wallet Autosynchronization between the payment data stored on your WordPress website and your GoUrl account Integration with third-party eCommerce plugins, including WooCommerce There are many additional GoUrl plugins, including a dedicated GoUrl for WooCommerce plugin Pricing: Transaction fees range from 1.

There is no monthly fee for using GoUrl. Conclusion The process of accepting Bitcoin is vastly different from processing credit card payments. However, cryptocurrency is growing in popularity, so adding Bitcoin support to your site now may deliver significant rewards in the long run. A flexible plugin that enables you to accept Bitcoin across your WordPress website and social media platforms.

A Bitcoin payment gateway that integrates with WooCommerce. An open-source payment plugin that you can customize with your own branding. Do you have any questions about accepting Bitcoin as payment? Let us know in the comments section below! Just like your Netflix account, it's okay to share When he's not writing about WordPress, he likes to gig his stand-up comedy routine on the local circuit. More companies find that important customers and dealers want to use cryptocurrencies.

A new way to improve a range of more traditional financial duties is opened by cryptocurrency. To facilitate fast, real-time, and secure movement of money, help enhance control over the wealth of the firm and deal with possible risks and opportunities in connection with digital money. Benefits of accepting cryptocurrency if you are using WordPress Very Less Transaction Fee The lack of central or governmental supervision significantly lowers transaction costs by saving money in the context of limited transaction taxes.

Credit card payments are commonly accepted by small companies for each card transaction with a charge of about 25 cents plus between 2 and 4 percent of the overall transaction. These charges mount up and hence smaller shops typically impose minimum purchases of credit cards. Cryptocurrency Increased Changes Of Sales Acceptance of fiat payment by clients living in several nations leads to the accumulation of lot fees and consequently becomes an issue in running the business.

But because the decentralized structure of Crypto makes it possible for small companies, who were formerly unreachable to a wide range of customers. Because of cryptocurrency it opens and spreads its doors to worldwide consumers. And can eventually boost their business and save a lot of extra costs they might end up spending. Coinremitter is a well-known cryptocurrency payment processor which is helping a lot of businesses with their services in the crypto sphere.

Knowing that a lot of individuals, as well as businesses, are building their E-commerce site on WordPress, Coinremitter offers a free plugin for WordPress users. Coinremitter payment gateway plugin for WordPress is very easy to integrate, and very easy to manage. Coinremitter supports 8 major cryptocurrencies , Bitcoin to Ethereum including Binance, and many more.

Furthermore, it is also one of the finest payment gateways, offering its services at the lowest price.

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However, the main difference is that it only processes bitcoin payments. However, the biggest advantage of BitPay is that it supports a wide range of payment methods. You can add payment buttons to hosted checkouts, embed invoices, and add plugin integrations.

Merchants can also opt for daily bank deposits and get the BitPay MasterCard debit card for greater convenience. CoinBase Commerce Alternatively, you can avoid crypto and other payment processes and accept bitcoin payments within your crypto wallet. Coinbase is a cryptocurrency exchange platform that allows users to buy and sell all the major cryptocurrencies.

Thus, making it one of the most popular cryptocurrency exchanges. And, now, it allows you to accept crypto payments in your WordPress eCommerce store. Accept manual payments Finally, you can also avoid third parties altogether by accepting bitcoin payments manually. All you need is a bitcoin address typically an alphanumeric string. Once you have an address, ask your customers to send bitcoin payments from their wallets to your address — easy-peasy.

You can also use a QR code instead of an address. Wallets and payment processors usually shoulder some of the burdens. Thus making it easier for tracking purposes. Summary Above are five simple ways to start accepting bitcoin and cryptocurrency payments on your WordPress eCommerce store. Cryptocurrencies such as Bitcoin use decentralized control as opposed to centralized digital currency and banking systems.

This means that, unlike traditional currencies, you can exchange Bitcoin without requiring an intermediary such as a central bank or administrator: Bitcoin is far from the only cryptocurrency available. Cryptocurrencies do have a reputation for being volatile and unpredictable. However, the value of Bitcoin has increased steadily in recent years.

When you sell products and services online, you have the potential to connect with a global audience. Credit and debit cards may seem like a solid fallback, but not everyone has access to these payment methods. For these customers, Bitcoin may be a way to purchase products online. Attract buyers who avoid traditional online payment methods Some people dislike the idea of sharing their credit or debit details online.

For these privacy-conscious shoppers, Bitcoin can be a way to submit payment without sharing their financial information. As a peer-to-peer digital currency, Bitcoin can be exchanged without requiring a third-party banking service. This helps keep transaction fees to a minimum, which can increase your appeal to bargain-hungry consumers.

Could be a good investment Although Bitcoin exchange rates can be unpredictable, they do seem to be following an upward trend. In early , news organizations reported that Bitcoin was poised to reach a record high. Playing the exchange rates is always a risk. Provide greater security for payment transactions Hacking and fraud are big concerns for anyone who sells products and services online. To help protect your hard-earned revenue, every Bitcoin transaction comes with a complex hexadecimal code.

This makes it more difficult for malicious third parties to tamper with your funds. Depending on how you plan to process these payments, you may also require a Bitcoin wallet. A digital payment processor makes it easier to accept Bitcoin via your WordPress website. Some processors can even convert Bitcoin into your local currency and deposit it into your connected bank account automatically.

Bitpay is a popular choice with online store owners as it integrates with eCommerce platforms such as WooCommerce and Shopify: You may also want to take a look at the CoinBase payment processor. It hit the headlines when it launched the first licensed U. The CoinGate payment processor is another popular choice as it supports over 50 cryptocurrencies, including Bitcoin.

There are free Bitcoin wallets available for all major operating systems and devices. To view a list of all the wallets that are compatible with your environment, we recommend checking out Bitcoin. The easiest way to achieve this is to use a WordPress Bitcoin plugin.

Here are three of our favorites. All transactions are encrypted and users can complete payments without ever leaving your website. Features: Encryption for all sensitive data Support for over 50 cryptocurrencies Autoconversion provided by ChangeNOW Pricing: Transaction fees are priced at between 0. Another 0.

Blockonomics If you run a WooCommerce store, you can use the Blockonomics plugin to accept Bitcoin as payment for your products and services. After activating this WordPress Bitcoin plugin, you can add a payment button to every page of your online store.