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Knowledge Tutorials

Accept Cryptocurrency As Payment In WordPress Site In 2021

As a result, when a lot of people are building a website on WordPress the need of adapting to the modern changes becomes viable, and one of them is accepting payment in cryptocurrency.

The conception of accepting digital currency on your WordPress website as a payment method is something that is worth exploring as cryptocurrencies become more and more popular.

In this article, we explore why you might think about accepting cryptocurrency and its advantages and how Coinremitter can assist you to build up your existence in the crypto world.

Why You Should Accept Payment In Cryptocurrency?

When it comes to accepting cryptocurrency the first thing that comes to mind is, it will benefit my business or not.

But you should consider that cryptocurrency can provide something that is not simply available or possible with fiat money. 

Programmable money (cryptocurrency), for example, can allow actual-time data and a precise share of profit or transaction information and different currency options, while also enhancing transparency in helping to reconcile the business.

More companies find that important customers and dealers want to use cryptocurrencies.

A new way to improve a range of more traditional financial duties is opened by cryptocurrency.

To facilitate fast, real-time, and secure movement of money, help enhance control over the wealth of the firm and deal with possible risks and opportunities in connection with digital money.

Benefits of accepting cryptocurrency if you are using WordPress

Very Less Transaction Fee

The lack of central or governmental supervision significantly lowers transaction costs by saving money in the context of limited transaction taxes.

Credit card payments are commonly accepted by small companies for each card transaction with a charge of about 25 cents plus between 2 and 4 percent of the overall transaction.

These charges mount up and hence smaller shops typically impose minimum purchases of credit cards.

Cryptocurrency Increased Changes Of Sales

Acceptance of fiat payment by clients living in several nations leads to the accumulation of lot fees and consequently becomes an issue in running the business.

But because the decentralized structure of Crypto makes it possible for small companies, who were formerly unreachable to a wide range of customers.

Because of cryptocurrency it opens and spreads its doors to worldwide consumers.

And can eventually boost their business and save a lot of extra costs they might end up spending.

How Coinremitter Can Help You In Accepting Payment In Cryptocurrency?

Coinremitter is a well-known cryptocurrency payment processor which is helping a lot of businesses with their services in the crypto sphere.

Knowing that a lot of individuals, as well as businesses, are building their E-commerce site on WordPress, Coinremitter offers a free plugin for WordPress users.

Coinremitter payment gateway plugin for WordPress is very easy to integrate, and very easy to manage.

Coinremitter supports 8 major cryptocurrencies, Bitcoin to Ethereum including Binance, and many more.

Furthermore, it is also one of the finest payment gateways, offering its services at the lowest price.

Process Of Integrating Coinremitter Plugin In WordPress

  1. To integrate the Coinremitter plugin, you need to install WooCommerce into your WordPress Site.
  2. Once done you need to open the “Plugins” option and click on “Add New”, and then search for “Coinremitter”.
  3. You’ll see “Coinremitter Crypto Payment Gateway” click on install.
  4. After installing it you need to click on active, and the Coinremitter plugin is installed into your WordPress website.

You need to set up your account and wallet in the Coinremitter when you have finished installing the Coinremitter plugin, so you can accept cryptocurrencies.

Setup Your Coinremitter Account & Wallet

  1. Go to Coinremitter Website, if you already have an account then just log into it, or if you are new then just sign up for a new account.
  2. Once you log in to your account go to the wallet option and create a wallet for a specific currency which you are willing to accept as payment.
  3. After creating a wallet click on “Credential” where you’ll get your “API key” and “Password”.
  4. Now you need to set up a wallet on the Coinremitter plugin, so open the plugin in WordPress.
  5. Once you open the plugin you’ll need to click on “Add Wallet”.
  6. While creating the wallet make sure you create a specific wallet for cryptocurrency, so you don’t end up having issues in receiving payments.
  7. After creating a wallet you need to enter the API key and Password from Coinremitter.
  8. Once you fill in all required information click on verify. And it’s done, you have successfully set up the Coinremitter plugin now you can receive payment in cryptocurrency.

Final Remark

As you can see, if you operate your website on WordPress, there are several reasons why you should consider accepting payment in cryptocurrency.

Choosing Coinremitter as your crypto payment processor, will not make your work easy but also provide many more related services which indeed help your business grow in the crypto world.

And most importantly Coinremitter plugins are not just limited to one platform it also has plugins for open cart, magneto and more which make it more reliable.

Categories
Tutorials

Coinremitter Opencart Extension Installation Guide

Now it’s easy to install Coinremitter opencart extension into your opencart store. We have created this guide for merchants so they can easily understand the coinremitter integration process on their opencart store.

Requirements for integration

  • For the Integration process of Coinremitter opencart extension, users must require to have Opencart version 3.0+
  • If you don’t have an account on Coinremitter, then make sure to make it one. Signup

Installation of plugin

  • First! Download coinremitter opencart plugin in ocmod from opencart marketplace (downloaded file name will be coinremitter.ocmod.zip)
  • Go to opencart admin left panel -> Extensions -> installer -> click on upload -> select coinremitter.ocmod.zip from your path and upload it.

  • Go to opencart admin left panel -> Extensions -> Extensions -> select ‘Payments’ from “choose the extension type” dropdown. You will see all payment methods extension there. Find ‘Coinremitter’ and click on ‘+’ at the end of the same line to install it.

  • Now, go to opencart admin left panel -> Extensions -> Modification -> click refresh button (top right corner). You will see that ‘coinremitter’ menu will be added at the bottom of your opencart admin left panel.

  • Greate!! Plugin installed in your opencart store, Follow below instructions to configure coinremitter.

Plugin Configuration

  • Go to admin panel left panel -> Extensions -> Extensions -> select ‘payment’ from “choose the extension type” selection. Find ‘Coinremitter’ payment extension and click on the edit button (pencil icon button) at the end of the same line to edit it.
  • On that page, you will find Configuration options.
  • In the ‘Edit Coinremitter’ box, you will see multiple options to fill in.
  • Extension Status. Make sure it is  Enabled.
  • Title  which will display to the user on the checkout page
  • Description option, you can add some notes to tell your customer some meaningful things before the customer makes any step during checkout.
  • Exchange Rate. The default is 1. It is a price multiplier. Let’s say if you set it to 1.10 then price in cryptocurrency will increase by 10%. and for a 5% discount, you can set it 0.95 in this text box.
  • Set Invoice Expiry. It is in minutes. So if you set to value 30 then the created invoice will be expired after 30 minutes.
  • Order status. When Customers successfully make payment using cryptocurrency, the order status will change to this

Create a Wallet

Click Coinremitter menu on the left panel of admin panel

  • You’ll find the Add Wallet button on the top right corner of the page. Click on it.
  • After clicking on the add wallet a new page will appear where you’ll see multiple options like Coin, API key, Password.

  • In the first option of Coin select your coin from which you want to add your crypto wallet.
  • Now go to Coinremitter website and login to your account and get your API key from there. If you find any trouble to get your API key and password then click here to get the idea.
  • Get back to the Opencart coinremitter page and select one of your Coin. Paste API key in the box and fill your Password in the box.
  • Click on the Save on the top right of the page.

How to make Payment

After completing the above steps you can test first order using Test Coin.

  • Now add some product in your cart and navigate to the checkout page. Select Payment Method “Payment With Cryptocurrency”. If you have modified title text in the coinremitter configuration page then it will display as an option here. Click on the continue button

  • Now you can select coin that you want to pay by it. Make sure you have added a wallet in your opencart admin panel. Follow the above guide if you haven’t added a wallet.

  • On the very next moment, the system will automatically create an Invoice which will appear on your screen

  • Copy Payment address from generated invoice and pay the exact amount from another wallet. Once you transfer to this address, it requires enough confirmation to mark the order as paid. It will automatically redirect to the success page once payment is confirmed on the blockchain. And you will see the following screen

  • Congratulations! You have now successfully paid for your product.

Check order details

  • Go to your Admin Panel menu and click on Sales, dropdown opens, and click on Orders.
  • Once you reach the Orders page you will see your multiple orders list. Select one of these orders. Make sure that the order is paid using the coinremitter payment option.
  • Click on the view from one order and you will be redirected to the order view page.
  • Scroll down to Order History. In the History tab, you can see the details about payment in the comment column.

Now you are ready to accept cryptocurrency payment on your opencart website. Don’t forget to remove Test Coin wallet from your admin panel and add another coin wallet other than test coin

Categories
Knowledge

Coinremitter allows enterprises to Integrate with it.

Coinremitter allows retailers to accept crypto payments from every corner of the world through Integrate with it.

There are thousands of little retailers out there who are willing to spread their business across the border nonetheless, goods & service charges, foreign exchanges cost more than their revenue because it’s centralized payment services.

Regardless, coinremitter is a decentralized service that means It ain’t charge more even If someone would do business across the border. This gateway provides the cheapest service, such as 0.23% withdrawal fee, making a wallet through Coinremitter by using individuals websites.

However, coinremitter has the most effective plugin’s like Laravel and CorePHP and WordPress in order to integrate.

Moreover, merchants can integrate REST API for any programing language.

coinremitter’s supported plugins

Coinremitter conjointly accepts mostly crypto coins like Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple, Doge, USDT, Dash, etc.

What kind of retailers can Integrate with Coinremitter?

As doing payments online has become more popular nowadays, it will become more sustainable If retailers/merchants of these services start accepting crypto payments.

Firstly, who are owning businesses like furniture, house decorating products, and accepting online payments for this. Online food apps, restaurants who are also accepting online payments, grocery shops also accept crypto coins.

Computer hardware companies, Gaming companies have also big market revenue as if they start accepting payments in crypto coins. Traveling companies who offer products like taxi app, online flight tickets booking can also make gigantic revenue from crypto coins.

People’s basic daily life products like health-related products and beauty and makeup product companies would also take benefits of this.

In conclusion, crypto coins are the next gigantic thing that will hold most of the market revenue. Therefore, it’s a current performance in the market is remarkable however, It will be more profitable If little and big firms will start taking their payments in crypto coins as optional then, the coinremitter always opens for them to Integrate with it.

Categories
Tutorials

Coinremitter plugin Installation in Magento

This coinremitter plugin installation guide helps you start accepting your crypto payments on the Magento website.

Requirements for integration

  1. It requires Magento version 2.x
  2. Your coinremitter merchant account on the official website of coinremitter.

Installation of plugin

  1. Upload all your files on the root of Magento 2 installation
  2. Login to your server, and run these commands in the root of your Magento 2 installation.
  • PHP bin/Magento setup:upgrade
  • PHP bin/Magento module:enable checkout_coinremitter 
  • PHP bin/Magento setup:static-content:deploy -f
  1. Flush Magento 2 caches
  • php bin/magento cache:flush

Now, you can activate and change a bit of thing in coinremitter plugin by following these steps Store→Configuration→Sales→Payments Methods.

Plugin Configuration

After getting on the configuration page. Scroll down and go directly to the bottom of the page where you will find Coinremitter Cryptopayment box and several of the other boxes which you filled with your specific requirements.

  • Always enable your website as YES selected option. You can change the Title name as per your need if you want to. Fill Specific rate in Exchange Rate multiplier. Put the appropriate time in Invoice expiry time in the minute box. 
  • Be careful while selecting the Order Status option. Because it will appear on your website when order status is shown to the customer.
  • Click on Save Config at the top of the page.

Create a Wallet 

Now click on this following Coinremitter Checkout→Wallet.

 

  • Click on Add wallet at the top of the page.
  • Now go to the coinremitter website and login to your dashboard and get your API key from there. If you find any trouble to get your API then click here to get the idea.
  • Get back to Magento coinremitter page and select one of your wallet. Paste API key in the box and fill your Password in the box. 
  • Click on Save wallet on top of the page.

Coinremitter plugin installation process has been successfully completed on your Magento based website.