Are you a WordPress website owner looking for a suitable payment gateway? Have you considered cryptocurrency payment gateways? You might be wondering where to start and which one is the best for your business needs.
In this article, we will be discussing the 7 Best WooCommerce Cryptocurrency Payment Gateways for 2023, both free and paid. We’ll explore the benefits of using cryptocurrency payment gateways, add some intriguing statistics and facts, and finally, provide recommendations on the best options available.
If you’re new to cryptocurrency, don’t worry, we’ll provide you with a brief overview before diving into the payment gateway options.
By the end of this article, you’ll have a clear understanding of the best cryptocurrency payment gateways compatible with WooCommerce and which one will work best for your business. So, let’s get started!
Best Cryptocurrency Payment Gateways for WooCommerce
Integrating cryptocurrency payments onto your WooCommerce website can be a great way to offer your customers more payment options and to stay ahead of the game in the online retail world.
In this article section, we’ll be showcasing the best cryptocurrency payment gateways for WooCommerce, both free and paid options, so you can find the perfect fit for your business needs. Be sure to read through and pick out the perfect gateway for your online store!
A Free and Open-Source Cryptocurrency Payment Processor for Receiving Payments in Bitcoin and Altcoins
BTCPay for WooCommerce V2 is a groundbreaking plugin used for Bitcoin payment gateway. This Bitcoin payment method supports numerous cryptocurrency transactions and can be installed on almost any site equipped with WordPress.
Unlike other payment gateways, BTCPay reduces transaction fees and offers excellent accessibility. It allows an infinite number of stores and makes use of the Lightning Network. With self-hosted solutions, BTCPay lets you work as a payment processor for other users.
BTCPay does have some limitations. First, it doesn’t support fiat currencies, and secondly, it doesn’t offer automatic conversion between cryptocurrency and fiat. This means individuals must already possess the digital currency to process their payments.
One significant benefit of using BTCPay is that the plugin allows the user to control their private keys, which enhances security and ensures more privacy. Through this payment gateway, individuals don’t need to deal with third-party processors because each payment is directly deposited into their wallet.
Lastly, you can self-host on your own server, or use a third-party service provider.
Directly Deposit Each Online Sale Into Your Wallet No Kyc Documentation Required
Blockonomics is a WooCommerce Bitcoin plugin that allows you to accept digital currencies, fiat currencies, and deterministic wallets such as Trezor, Blockchain.info, and Mycelium. It is an incredible way for businesses to increase their revenue, income, and profitability.
The plugin is integrated with many other services and has an encrypted invoicing system, making it an ideal solution for many businesses. However, it is essential to have an It account, and they will charge a transaction fee of 1%.
Blockonomics offers an excellent checkout experience and seamlessly integrates with your store’s theme. The plugin is designed to ensure that your customers’ information is not shared with the plugin and offers various payment methods such as links via instant messaging, social networks, or e-mail.
It also has a payment button that can be included on any website and offers Segwit compatibility, which significantly reduces transaction costs. The best part is that your site is responsible for handling the checkout flow, so there is no need to worry about third parties interrupting.
- Offers an amazing checkout experience that integrates seamlessly with your store’s theme
- Customer information is never shared with the plugin
- Provides payment links via social networks, instant messaging, or e-mail for bitcoin payments
- Offers a payment button that can be included on any website
- Segwit compatibility for significantly reduced transaction costs
Fully Supported By The Sci Intelligencia Team With Features That Are Necessary to Keep Check
Commerce Coinbase For WooCommerce is a plugin that allows you to accept various digital currencies such as Bitcoin, Ethereum, Litecoin and Bitcoin Cash as payment for your WooCommerce store products. This platform offers a way for business owners, traders and individuals to exchange cryptocurrencies.
With the ability to adjust its settings, you have control over remotely turning the crypto payment features on or off.
While the plugin is entirely free, it is recommended that users investigate the service before implementing it. A significant downside is that online transactions may be difficult as it lacks support in some countries. Nonetheless, it is a valuable tool for merchants who want to accept cryptocurrency payments.
The Commerce Coinbase For WooCommerce payment gateway supports multiple merchant and payment processing functions. You can also purchase and sell bitcoins using your bank account and withdraw the received amount to another account of your choice.
With the convenience of accepting payments in multiple cryptocurrencies without having to open individual merchant accounts, you can obtain your own cryptocurrency wallet for commercial transactions with an email-based signup process.
- Provides various digital currency payment options
- Ability to remotely turn on or off crypto payments
- User-friendly interface
- Multiple merchant and payment processing functions
- Easy to withdraw funds
- Accept payments in multiple cryptocurrencies
- Obtain a cryptocurrency wallet via email signup
- Offers smoother approach to digital currency payments
- No need to open individual cryptocurrency merchant accounts.
Accept Bitcoin, Ethereum, and +100 Cryptos On Your Website Store and Social Media Accounts Globally
NowPayments is a payment gateway that allows users to accept crypto payments without owning any cryptocurrency. It’s effortless to use; users only need to create their account, API key, and install the plugin. The plugin has low transaction fees, and it does all of the processing for you.
Users can buy digital goods using a wide range of supported cryptos, and it can be integrated into various e-commerce platforms.
NowPayments offers API integration into popular eCommerce platforms, such as Shopify and OpenCart, and has a 24/7 support system and a dedicated account manager. All transactions are secure and encrypted, and payouts can be delivered instantly to your wallet or bank account.
The payment gateway offers the lowest cryptocurrency fees on the market, and users can convert 100+ cryptocurrencies into their preferred ones. NowPayments provides users with the freedom to choose from a variety of tools, and automatic conversions with ChangeNOW are also available.
- Lowest cryptocurrency fees
- Convert 100+ cryptocurrencies
- Instant payouts
- Secure and encrypted transactions
- 24/7 support system and dedicated account manager
- Variety of tools to choose from
- ChangeNOW automatic conversions
A Payment Gateway for WooCommerce to Let Buyers Pay With Bitcoin and Other Cryptocurrencies
CoinPayments is a popular plugin that simplifies the process of processing cryptocurrency transactions. With its solid track record and unbeatable performance, CoinPayments has been tried and tested by thousands of companies worldwide.
Its security features reduce the risk of private data breaches or fraud. Using CoinPayments, you can accept Bitcoin and over 50 different cryptocurrencies. While it is not as secure as cold storage wallets, its fees are relatively modest for a professional service, and a 0.5% tax seems reasonable.
CoinPayments offers a unique feature named “Pay-by-Name” that allows users to create unique and one-of-a-kind name tags. You can use this plugin to test a sandbox environment before going live. The team behind the company is determined to create a multi-functional platform.
CoinPayment supports more cryptocurrencies than you may ever need. With its transaction rates, price tags, and exchange rates for each coin, the fees for its transactions are the same, whether you need to convert, withdraw, or use services.
- Sandbox environment for testing
- “Pay-by-Name” feature for creating unique name tags
- Multi-functional platform
- Accepts over 50 different cryptocurrencies
- Same fees for all transactions, including conversion and withdrawal.
Fully Automated Cryptocurrency Processing Platform and Invoice System
CoinGate is an integrated cryptocurrency gateway that allows seamless crypto payments for businesses and enterprises. It offers two payment methods, Bitcoin and Euro settlements, completed in real-time, protecting from cryptocurrency volatility.
The plugin supports over 70 cryptocurrencies, transaction fees are 1%, and fraud prevention algorithms protect most transactions. Besides payment processing, it also offers a platform for purchasing and selling various cryptocurrencies, turning them into fiat currency through different payment methods.
The plugin has a reputation for collaborating with world-renowned companies.
- No setup or recurring service fees
- Real-time exchange rate calculations
- Chargebacks aren’t allowed
- Fully automated setup
- Sandbox environment available for testing
- Supports over 70 cryptocurrencies
Accept Crypto On Your Online Shop and Increase Your Revenue
TripleA for WooCommerce allows online business owners to tap into the growing cryptocurrency market without the risk of chargebacks. With competitive exchange rates and access to financial services, this payment gateway makes running a business both easy and secure.
When using TripleA, sellers can withdraw funds in real-time currency rates for up to 19 currencies at 0.8 percent fees.
This plugin enables fast and efficient micropayments through services such as BinancePay and Bitcoin Lightning. Clients can simply scan a QR code to send payment without the need for an account. Additionally, businesses have the option to send a message to each customer.
Unlike other free plugins, TripleA comes with dedicated support to assist with any issues. It also offers noncustodial services, meaning each payment goes directly to the wallet.
- Email notifications for each transaction
- Easy registration with WooCommerce
- No hidden fees or fraud
- Transaction details can be viewed in the dashboard
- Easy payouts to bank accounts or withdrawals in crypto
- Support for Bitcoin, Ethereum, USDT, Litecoin, and other cryptocurrencies
Frequently Asked Questions
Yes and no. You don’t need to own any cryptocurrency to use these payment gateways, but your customers do. When they choose to pay with cryptocurrency, they’ll need to have the amount in their own cryptocurrency wallet to complete the transaction.
Using a cryptocurrency payment gateway offers several benefits. Firstly, it eliminates the need for traditional payment methods, such as credit cards, and offers better security. Secondly, transactions can be completed faster and cheaper than with traditional methods.
Lastly, it can attract customers who prefer to use cryptocurrency and differentiate your business from competitors.
Yes, there are some downsides to using a cryptocurrency payment gateway. The value of cryptocurrency is volatile, which means that the amount you receive for a transaction can vary wildly depending on market fluctuations.
Additionally, not all customers are familiar with cryptocurrency, so it may deter some from completing their transactions. Lastly, not all countries or jurisdictions accept or regulate cryptocurrency, so you might face legal complications in some regions.
In conclusion, we have discussed the 7 best WooCommerce cryptocurrency payment gateways for both free and paid options. With the rise of cryptocurrency, it’s important to have options for your customers to make purchases using their preferred digital currency.
If you’re interested in learning more about WordPress and WooCommerce, be sure to check out BetterStudio’s blog for more related tutorials and articles.
Thank you for taking the time to read our article. If you have any questions or problems regarding the topic, please feel free to ask in the comment section below. We’re always here to help!