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In these times when cryptocurrencies are becoming popular day by day, many businesses are wondering how to Accept Cryptocurrency Payments for WooCommerce. As BeycanPress team, we are developing a Cryptocurrency Payment Gateway for WooCommerce. Thanks to a plugin called CryptoPay, you can easily receive cryptocurrency payments from your WordPress & WooCommerce sites.
Cryptocurrency Payments for WooCommerce by CryptoPay
With CryptoPay, you can receive crypto payments from supported blockchain networks such as Bitcoin, Solana, Tron, especially EVM-based blockchain networks, and the currencies (tokens) under these networks. In addition to built-in WooCommerce support, it can be integrated with other plugins thanks to its API.
Unlike other services, CryptoPay works as a DApp and is hosted entirely on your website. As a company, we sell CryptoPay by subscription and do not take any commission because we ensure that all transactions are P2P.
CryptoPay’s main features
- Multi-chain support
- Multi-wallet support
- Zero comission
- Instant FIAT to Crypto converter
- Transaction records
- Getting paid with your own private tokens
- Get paid with QR code for networks like Bitcoin
- Fast confirmation times as transactions are p2p
- Easy integration with other plugins via API
- Support for subscriptions with manual payments
Comparison with other services.
CryptoPay:
- ✅ All payments reach you directly. So the whole system works as P2P (Peer to Peer).
- ✅ There are no additional transaction fees other than the transaction fee that the paying user pays to the Blockchain network.
- ✅ Since all transactions are P2P (Peer to Peer), payment confirmation times are minimal.
- ✅ Easily integrable to other plugins with the APIs in the plugin.
- ✅ For example, providing services with many extra plugins such as the Donation plugin.
Other services:
- ❌ Payments are generally not P2P (Peer to Peer). They first take the payment into their own wallet and then transfer it to you.
- ❌ For taking the payment to them first and then transferring it to you.
- ❌ The paying user pays transaction fee for Blockchain.
- ❌ An additional transaction fee is charged to transfer the payment from their wallet to you, and this is deducted from your earnings.
- ❌ The commission amounts that the service generates its own income will be deducted from your earnings.
- ❌ Even the fastest networks have very high payment confirmation times, as multiple transfers are made to earn commissions.
- ❌ Generally you can only use it for WooCommerce. To integrate with other plugins, you need a serious programming knowledge.
You can use the links below for more detailed information.