Accept crypto payments on your website easily

Thursday 1st of December 2022

Accept crypto payments on your website easily

In recent years, cryptocurrency has become a popular payment method for online transactions. If you're looking to accept crypto payments on your website, there are a few things you need to know. In this blog post, we'll walk you through the steps of setting up crypto payments on your website, but first, here are some things you need to have at the back of your mind before moving on.

1. Choose a cryptocurrency payment processor.

The first step is to choose a cryptocurrency payment processor. There are many different processors to choose from, so it's important to do your research and select the one that's right for you. Some crypto payment processors include BitPay, Peerwallet, CoinGate, etc.

2. Create a wallet for each currency you plan to accept.

Once you've chosen a payment processor, you'll need to create a wallet for each currency you plan to accept. This is where your customers' payments will be stored. Your wallet will always come with a wallet address that can be attached to your payment processor. You can create wallets by using a third-party wallet service like Binance or Coinbase.

3. Add the payment button to your website.

After you've created your wallets, you'll need to add the payment button to your website. This can be done by adding a snippet of code provided by your payment processor to your website's checkout page. The button can be customized to match the look and feel of your site.

4. Start accepting payments!

Once you've added the payment button to your website, you're ready to start accepting payments! When a customer makes a purchase on your site, they'll be able to pay with their preferred cryptocurrency. The funds will then be transferred into your wallet and can be used to purchase goods and services or withdrawn as cash.

Peerwallet for accepting crypto payments on your website

If you're looking for an easy way to accept crypto payments on your website, you've come to the right place. In this section, we'll show you how to easily accept crypto payments using Peerwallet.

Peerwallet is a payment processor that allows you to accept Bitcoin and other cryptocurrencies as payment for goods and services on your website. With Peerwallet, you can choose to receive payments in Bitcoin, Litecoin, Ethereum, or any other cryptocurrency. Alternatively, you can also choose to receive payments in over 300+ currencies around the world.

Peerwallet is easy to use and integrates with any e-commerce platform be it Shopify, WooCommerce, Magento, etc. Peerwallet also has an API that allows you to integrate Peerwallet into your own custom e-commerce solution.

How Does Peerwallet Work?

Peerwallet works by taking the cryptocurrency of your choice from your customers and converting it into any currency of your choice at the current market rate via the merchant system. For example, if you're selling a product for $100 and someone pays with Bitcoin, Peerwallet will convert the Bitcoin into $100 worth of Euros or US dollars at the current official market rate, depending on your default currency on the platform. The funds can then be converted via the merchant marketplace for any desired currency.

Peerwallet charges a 0.1% fee on all transactions. There are no additional fees or hidden charges from peerwallet. Please note that merchants are responsible for setting their prices - this is a peer-to-peer system.

What Are the Benefits of Using Peerwallet?

There are many benefits of using Peerwallet to accept crypto payments on your website. First of all, since Peerwallet converts all cryptocurrencies into your default currency at the current official market rate, you don't have to worry about volatility. This means that even if the price of Bitcoin drops sharply after someone has paid for your product, you will still receive the full amount in your default currency in your peerwallet account.

Another benefit of using Peerwallet is that it's very easy to use and integrates with major e-commerce platforms such as Shopify, WooCommerce, Magento, and OpenCart. Peerwallet also has an API that allows you to integrate CoinGate into your own custom e-commerce solution.

Getting Started with Peerwallet

To start accepting crypto payments on your website, sign up for a free Peerwallet account. Once you create an account, you'll be able to connect to your website and start accepting payments immediately. Peerwallet currently supports over 300 different currencies including cryptocurrencies, so you can choose the ones that best fit your needs.

Once you've registered for an account and connected your website, you'll need to choose a payment method. With Peerwallet payment gateway, you can receive payments in any cryptocurrency of your choice. If you choose to receive payments in fiat, the funds will be converted from cryptocurrency at the current official market rate into your peerwallet account. This way, you don't have to worry about price volatility or converting your crypto into fiat currency.

To start receiving payments, go to the Merchant section of your Peerwallet account and get your API for your desired platform. You can also create coupon codes that give your customers a discount on their purchases. When a customer clicks on the payment button or enters the coupon code at checkout, they'll be redirected to a payment page where they can complete the transaction using their cryptocurrency of choice. As easy as that.

Conclusion:

Accepting cryptocurrency payments is a great way to broaden your customer base and increase sales. With Peerwallet, it's easy to get started and there are no setup fees or monthly charges.

Also, there are many benefits of accepting crypto payments on your website. Cryptocurrency is fast, secure, and global—which means that accepting crypto payments gives you the potential to reach more customers from all over the world. And because cryptocurrency transactions are irreversible, you don't have to worry about chargebacks or fraud like with traditional payment methods such as credit cards or PayPal.

So what are you waiting for? Sign up for a free account today and start accepting crypto payments on your website!