Dealing with Magento online store means knowing that providing your various payment options is essential. As the cryptocurrency gains, it becomes important to consider these payments.
But don’t worry – accepting encryption payments in Magento 2 is not as complicated as it may seem. It is similar to adding another tool to your toolbox – just because you have a hammer that does not mean that you cannot also use a screwdriver.
Adding encryption payments can help expand your customer base and increase revenues, so it is worth considering. In this article, we will look at some of the best ways to accept encrypted currency payments in Magento 2 and what you need to take into account before starting.
What do you need to accept encrypted currency payments in your Magento store?
To accept encrypted currency payments in your Magento store, you will need to prepare an encrypted currency portfolio. This portfolio will allow you to store and manage your digital assets safely.
You will also need a paid portal for Magento sites, such as Bitpay or Coinbase Commage. These gates can be smoothly integrated with your store and cryptocurrencies.
Remember that preparing these components properly is crucial to ensuring smooth propulsion treatment and customer satisfaction. So take the time to do this correctly!
Crossed currency portfolio
Current currency portfolio is a digital portfolio that allows you to store encrypted currencies and receive it safely like Bitcoin, Ethereum and Litecoin.
There are different types of portfolios, including program portfolios, devices governor and paper portfolios.
Software governor It is the most common type of wallet and comes in the form of mobile phone applications or desktop applications. This portfolio allows you to easily manage your encryption boxes and many of them are free to use.
DevicesOn the other hand, they are physical devices that you can connect to your account. It provides storage in a non -connection mode for your own keys, which makes it less likely to attempts by piracy.
Paper Governor It is another option as it prints the fast response code that contains public and private keys on paper that can be stored in a non -contact mode for more safety.
In general, a coded currency portfolio is an essential step towards accepting payments in Crypto in your Magento store.
We at Coinlabz recommend software portfolios for beginners because they are more easy to use and directly to use. If you are planning to stick to a greater amount of digital currency, we suggest storing it without contact in the hardware wallet. So you will retain full control and your encryption ownership, with no relying on a third party to protect your assets. They also have a pin encryption with some of them to include a biometric entry to adding another additional layer of protection.
The payment portal is suitable for Magento sites
In order to accept encrypted currency payments in your Magento Electronic Trading Store, you will need to integrate the encryption portal. Fortunately, it’s easier than it seems.
You will first need to integrate the encryption portal into your website or online store to start accepting encryption payments. The encryption payment portal processes the transaction, and checks the details of the transaction and checks to get enough money when the customer wants to pay with an encrypted currency. Then it turns the cryptocurrency to Fiat and sends it to the merchant account in the required local currency. Stability is usually stable within a few working days.
Basically, a processor allows merchants to accept encoded currency payments in exchange for FIAT.
Coingate Magento 2
It will be pleased to know that through the Coingate Magento 2 program, your online store can integrate the automated automatic processing system for more than 50 encrypted currencies. This free additional ingredient for download does not contain hidden fees or subscription and requires the minimum preparation fee.
Using the composer, you can install and configure the assistant program in Magento Admin. This payment portal is completely automatically with automatic payment assurances and demand status updates. You can customize bills according to your business requirements and extend the expiration time for up to 24 hours.
The Coingate Magento 2 Bitcoin, Litecoin, Eter, XRP, Nano, and many other famous cryptocurrencies. The prices of goods can be determined in any local Fiat currency, while the payment amount will be calculated using exchange rates in the actual time of encrypted currencies.
Traders have an option to receive settlements in the actual time in euros or US dollars, or settle coins in many encrypted couples and nails. In addition, companies can also accept the initial stage payments. With a flat rate of 1 % of the payments that were successfully treated by caringate, there are no hidden fees for anxiety.
Payments payments are guaranteed and cannot be collected again, making it an option for risk -free installation for merchants looking to accept coded currency payments on their online stores. The support team is available on [email protected] around the clock for any inquiries related to the product.
Bitpay integration for Magento 2
The Bitpay Magento unit provides direct integration, allowing customers to pay Bitcoins. It is easy to prepare this integration and can help you reach a broader audience by accepting encrypted currency payments.
To integrate Bitpay in your Magento 2 store, you must first create an account with Bitpay and install the free Magento unit. Once installed, configure it by entering the API key created in your Bitpay dashboard. After enabling the payment method, customers can simply determine the Bitcoins Payment option while going out.
Here are some benefits of using Bitpay for encrypted currency payments in your Magento 2 store:
- Low transaction fees: With a fixed price plan ranging from $ 30 to $ 3,000 per month depending on accounting needs, it can save money compared to traditional payment processors.
- Flipatics protection: Since Bitpay automatically converts encrypted currency payments into your favorite FIAT without any fees, because it protects you from notorious fluctuations in the encryption market and provides the value of your assets.
- Simple preparation: the installation process is clear and only requires basic technical knowledge.
- Safe transactions: Bitpay uses advanced measures to prevent security and fraud to ensure the safety of transactions.
Coinbase Commerce for Magento 2 (with APPY)
Coinbase Commerce with Magento 2 through APPY PIE Connect can provide companies with improved productivity and a simplified function. With Coinbase Commerce, traders can accept payments in digital currencies such as Bitcoin, Bitcoin Cash, Ethereum and Litecoin. By integrating this payment service with Magento 2, companies can expand their customer base and provide more payment options for their customers.
With the pre -designed Appy Pie Connect integration for Magento 2 and Coinbase Commerce, the appointment of data fields between the two applications automatically reduces manual data and errors. This not only saves time, but also improves accuracy in financial transactions. In addition, combining different applications together helps companies to improve cooperation between team members by facilitating the participation of information and staying at the top of the tasks.
Creating integration between Magento and Coinbase Commerce through Appy Pie Connect is a clear process that does not require intense artistic knowledge. The platform provides advanced features such as multi -step workflow, operating/allocated procedures, police workflow, synchronization of specific fields, and actual time synchronization.
Coinbase Commerce provides a safe process of payment as the money goes directly to the personal encoded currency portfolio of merchants. It is costly effective for small companies or startups that have limited budgets but want a strong integration without sacrificing jobs or performance.
