Accept bitcoinother cryptocurrenciespayment
There are many different types of wallets available. Many of the solutions below offer their own wallet to store your bitcoin balances. Here is a brief description of each payment solution that will enable you to accept cryptocurrencies on your website:. Stripe offers a very simple integration if you are already using a Stripe account to as a payment solution on your website. You can learn more at: If you want to learn more about the technical details you can access Stripes developer documents at: With BitPay, you can sign up for a business account and begin to accept Bitcoin pretty easily.
You can elect to have the coins converted and transferred to a bank account. You can also elect to have a percentage or all of the coins remain in your account. BitPay takes the risk of all the bitcoin price volatility. BitPay supports many shopping carts including Shopify, WordPress, Magento and many more — over 40 integrations. You can also get access to their developer API documentation at: Coinbase offers the same benefits described above.
When your business makes a sale, you can instantly sell the bitcoin received to Coinbase to avoid exposure to bitcoin volatility. Some of the common benefits include:. Coinbase supports checkout pages, embeddable widgets, plugins, and an API for custom integrations.
Documentation for the full API can be found at: GoCoin offers the same benefits described for the other solution above. Their platform makes taking Bitcoin and other blockchain currencies as easy as installing a plugin. Some of the benefits include:. You can get a list of existing integrations at: The merchant tool allows businesses to start accepting almost any AltCoin.
The features and benefits are similar to what was already outlined above. Learn more about Coinpayments. This is a WordPress plugin that works with WooCommerce so you can accept bitcoins. Payments are secure and go directly into your wallet. No personal information or documentation is required. Integration information can be found at: Blockonomics WordPress plugin can be accessed at: The solutions outlined above are just a few of the many payment processors available to enable you to accept Bitcoin and other cryptocurrencies on your site.
As outlined above, cryptocurrencies offer an alternate payment method that can be used by anyone from anywhere in the world. They allow you to expand your customer base by offering more ways to pay. Accepting cryptocurrencies also reduces your risk of chargebacks and can almost eliminate any possibility of fraudulent payments.
Best of all, once you receive payments in a cryptocurrency, you can elect to keep it in that coin or convert it to your local currency and have the money deposited in your bank account.
I have helped several online resellers grow their businesses by developing an online strategy to sell on Amazon, eBay or any other marketplace. Call me at or email me at Pez Pezlogic. Popular Ways to Accept Cryptocurrencies Some of the most popular ways to accept Bitcoin and other cryptocurrencies on an ecommerce website are through the following platforms. Description of Payment Solutions Here is a brief description of each payment solution that will enable you to accept cryptocurrencies on your website: Bitcoin payments are irreversible by design.
Bitcoin payments do not rely on trusting the person making the payment, so there is no need to collect private information about your Customers to accept their payments.
Bitcoin enables you to choose how little or how much you want to know about your Customers. People using Bitcoin are usually very supportive of companies accepting Bitcoin payments.
This helps to attract new Customers and to increase your sales. Click here for tips on how to best promote your Business and to get the most from accepting Bitcoin payments.
Withdraw EUR using this method. Your bank may charge a fee for receiving payments, you should contact your bank to inquire about their fees. Buy Bitcoin with Credit Card. Step 2 We calculate how much bitcoins it is worth, in real-time, by selecting the best price from several Bitcoin exchanges. Step 3 Your Customer pays with bitcoins and Altcoins. Step 4 You receive 9.