Here is how to accept crypto as a business

As cryptocurrency adoption continues to grow, businesses are increasingly looking for ways to accept crypto payments on their websites. If you’re considering integrating cryptocurrency payments into your WooCommerce store, using the right WordPress plugins can make the process seamless and efficient.

In this guide, we’ll explore how to accept crypto as a business using two of the best WooCommerce plugins for accepting crypto payments: Coinbase Commerce for WooCommerce and NOWPayments for WooCommerce.

Why Accept Crypto Payments on Your Website?

Before diving into the plugins, let’s quickly recap why accepting crypto payments is a smart move for your business:

• Global Reach: Crypto payments allow you to accept payments from customers worldwide without worrying about currency conversions.
• Lower Transaction Fees: Cryptocurrency transactions often have lower fees compared to traditional payment methods.
• Faster Transactions: Payments are processed almost instantly, improving the customer experience.
• Attract Tech-Savvy Customers: Offering crypto payments can help you tap into a growing market of crypto enthusiasts.

Top WordPress Plugins to Accept Crypto Payments on WordPress Website

Coinbase Commerce for WooCommerce

Coinbase Commerce for WooCommerce is one of the most popular and reliable crypto payment gateway plugins for WooCommerce. It’s designed to make accepting cryptocurrency payments simple and secure.

Key Features:

• Cryptocurrency Payment Acceptance:
  The plugin supports a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and stablecoins like USDC, Gemini Dollar, and Binance USD. The checkout page displays coin icons, making it clear to customers that they can pay with crypto.
• User-Friendliness:
  The plugin is easy to install and configure, even for users with no technical expertise. It integrates seamlessly with WooCommerce, allowing you to start accepting crypto payments in minutes.
• Strong Compatibility:
  Coinbase Commerce works well with other payment methods, giving you the flexibility to offer multiple payment options to your customers.
• Excellent Customer Support:
  The plugin offers reliable customer support, ensuring you get timely assistance whenever you need it.
• Faster Payment Processing:
  Payments are processed instantly, and funds are deposited directly into your wallet. You can easily transfer funds to other wallets or platforms as needed.

Why Choose Coinbase Commerce?
If you’re looking for a trusted, user-friendly plugin with strong compatibility and excellent support, Coinbase Commerce for WooCommerce is an excellent choice.

NOWPayments for WooCommerce

NOWPayments for WooCommerce is another powerful crypto payment gateway plugin that allows you to accept payments in over 200 cryptocurrencies. Developed by Coderpress, this plugin is ideal for businesses looking to expand their payment options and reach a global audience.

Key Features:

• Accepts a Wide Range of Cryptocurrencies:
  NOWPayments supports more than 200 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Dogecoin. This versatility allows you to cater to a broader customer base and boost your revenue.
• Global Reach:
  The plugin enables you to accept payments from customers in multiple countries and regions worldwide.
• Low Transaction Fees:
  NOWPayments offers some of the lowest transaction fees in the market, charging just 0.5% per transaction. This ensures higher profitability for your business.
• Excellent Customer Support:
  The Coderpress team provides 24/7 customer support, ensuring you get prompt and clear assistance whenever you encounter issues.
• Direct Bank Withdrawals:
  Unlike many other plugins, NOWPayments allows you to withdraw funds directly to your bank account, eliminating the need to manage third-party wallets.

Why Choose NOWPayments?
If you want a plugin that supports a vast range of cryptocurrencies, offers low fees, and provides direct bank withdrawals, NOWPayments for WooCommerce is a top contender.

How to Choose the Right Plugin for Your Business

When deciding between Coinbase Commerce and NOWPayments, consider the following factors:

• Supported Cryptocurrencies: If you want to accept a wide variety of cryptocurrencies, NOWPayments is the better option.
• Ease of Use: Both plugins are user-friendly, but Coinbase Commerce is particularly well-suited for beginners.
• Transaction Fees: NOWPayments offers lower transaction fees, which can be a significant advantage for small businesses.
• Withdrawal Options: If you prefer direct bank withdrawals, NOWPayments is the clear winner.

How to Integrate Crypto Payments on Your Website

Here’s a quick overview of how to set up crypto payments using these plugins:

1. Install the Plugin:
   • Go to your WordPress dashboard.
   • Navigate to Plugins > Add New.
   • Search for “Coinbase Commerce for WooCommerce” or “NOWPayments for WooCommerce” and install the plugin.
2. Configure the Plugin:
   • Follow the setup wizard to connect your crypto wallet or payment processor.
   • Customize the checkout page to display crypto payment options.
3. Test the Integration:
   • Place a test order to ensure the payment process works smoothly.
4. Promote Crypto Payments:
   • Add banners or notifications on your website to inform customers that you accept crypto payments.

Summary

Accepting crypto payments on your website is easier than ever with plugins like Coinbase Commerce for WooCommerce and NOWPayments for WooCommerce.

Whether you’re a small business or a large enterprise, these tools provide a seamless way to integrate cryptocurrency payments and attract a global audience.

By choosing the right plugin and following the steps outlined above, you can start accepting crypto payments today and position your business as a forward-thinking leader in the digital economy.