More businesses are leaning towards crypto payments. Recently, we saw that Ferrari started accepting payments in Dogecoin. However, Ferrari was already accepting cryptocurrencies. But Doge was a new addition to its payment options. Well, this was about a multinational company. Thousands of merchants already have begun accepting crypto payments.
Most crypto payment gateways offer multiple ways to accept crypto payments. For example, there are four different ways of accepting crypto payments with Coinremitter:
- Requesting payments by sharing wallet addresses manually
- Requesting payments via invoices
- Installing the required plugin
- Integrating necessary APIs
We’re here to mainly discuss accepting crypto payments using plugins and APIs as the first two methods shown above may seem time-consuming, especially when accepting crypto for businesses.
[Also read: How to get API key and password of Coinremitter wallet?]
Installing the Required Plugin
The plugin is a software program, which adds specific features to an existing program. We can also call it an extension. Coinremitter offers a wide range of plugins for websites based on Magento, WooCommerce, OpenCart, PrestaShop, Laravel, PHP, and Node.js. This means merchants can automate the process of accepting crypto payments just by installing the crypto payment plugins provided by Coinremitter.
Accept Crypto Payments With Coinremitter’s Crypto Payment Plugins:
Merchants need to follow some mandatory steps for accepting crypto payments with Coinremitter’s plugins:
- Install the required plugin (Whether from GitHub or from the respective marketplace, check availability). Follow the installation guide for the correct installation (Installation guides are available on Coinremitter’s official website after clicking the respective icon of the plugin).
- Configure the plugin.
- Add/connect a compatible wallet.
- Test your integration through the test coin.
Integrating necessary APIs
API (Application Programming Interface) acts as a messenger between two software and allows them to communicate and exchange data. Coinremitter’s crypto API acts in the same way, but as an alternative to crypto payment plugins. This means merchants can integrate these crypto APIs if their websites aren’t based on Magento, WooCommerce, OpenCart, PrestaShop, Laravel, PHP, or Node.js.
Accept Crypto Payments With Coinremitter’s Crypto Payment API:
Merchants need to check all the available APIs before integrating Coinremitter’s crypto payment gateway into their websites. Here are some key points to remember:
- Unlike plugins, Crypto APIs need to be integrated separately for each cryptocurrency.
- Each API consists of different features. Some of them are mandatory, some are not. Merchants can choose API according to the required features.
- Coinremitter’s API integration is backed by technical support. If merchants face any difficulties while performing the integration, they can reach out to Coinremitter’s support staff.
Which One is Right for Your Business?
Well, both plugins and APIs work as alternatives to each other. Choosing one totally depends on the merchant’s requirements as there are no differences in features.
Choose Crypto Payment Plugins if:
- Any of Coinremitter’s plugins supports your platform.
- You aren’t very familiar with coding.
- You want a set of features on your platform just by minimal effort.
Choose Crypto APIs if:
- None of Coinremitter’s plugins supports your platform.
- You’re familiar with coding.
- You want a specific set of features on your website.
Choosing between Coinremitter’s API and plugins depends on merchants’ requirements. This comparison doesn’t show the superiority or inferiority of any one of them. This is just a comparison to let merchants find the easiest way to integrate Coinremitter’s crypto payment gateway solution into their platforms and automate the process of accepting crypto payments on their websites.