CryptoPay is the best peer-to-peer (P2P) ERC20 and BEP20 crypto payments for your WooCommerce. With this plugin, customers can pay you in Ether (ETH) and other ERC20 and BEP20 tokens at checkout. If they choose to pay with any of the numerous ERC20 and BEP20 tokens, they will automatically be quoted a price in those tokens for their order. Once they have submitted the order, they will receive the details of the token transaction they should make.
Benefits of using CyptoPay to Accept ERC-20 and BEP-20 Token Payments
- User-friendly Payment Wizard: The out-of-the-box payment gateway plugin is easy to install. Users do not need coding knowledge to install CryptoPay.
- Instant Currency Converter: You can instantly convert funds to any supported currency or token. This can help cover currency fluctuations.
- Multiple Network and Wallet Support: CryptoPay supports a wide range of blockchain networks and cryptocurrencies, giving you and your customers a variety of assets to work with.
- Zero Commission: CryptoPay does not charge any commission, making transactions cheaper for the merchant and customers.
- P2P Payment: CryptoPay is a truly decentralized payment gateway for WooComerce and WordPress. Eliminating the intermediaries makes payment faster, cheaper, and more secure.
- Transaction Records: CryptoPay allows to track all transactions and order updates.
- Private Tokens: You can get crypto money payments with your own private tokens when using CryptoPay.
- Collect Donations: CryptoPay allows you to collect donations online safely and transparently.
Making payment in ERC-20 and BEP-20 tokens involves two transactions as follows:
- The customer deposit the funds to the payment gateway smart contract in the Ethereum blockchain.
- The customer uses the deposit to pay for the order.
Conclusion
Accepting crypto payments with ERC-20 and BEP-20 blockchain tokens for your sites can offer several benefits, including global reach, reduced transaction costs, and faster and safer transactions. CryptoPay allows you to accept ERC-20 and BEP-20 tokens easily, safely, more quickly, and transparently. You can also manage your transaction records effectively.