The CryptoPay WooCommerce plugin offers a streamlined way to receive payments via cryptocurrencies directly into your wallets without relying on third-party services. Here are some key features and advantages provided by CryptoPay WooCommerce:
Features:
- Payment Reception:
- Accept payments using various crypto wallets supported by the plugin.
- Supports multiple blockchain networks and their native currencies or tokens.
- Discount Definitions:
- Define discounts based on specific currency symbols, enhancing flexibility in transactions.
- Own Token Acceptance:
- Accept payments with newly released or privately created tokens.
- Fiat-to-Token Conversion:
- Value private currencies against fiat currencies not supported by Currency Converter.
- Wallet & Network Management:
- Easily enable or disable wallets, networks, and accepted currencies as needed.
- Payment Accuracy Checks:
- Ensure payment accuracy by verifying transactions through an explorer, confirming sender addresses and amounts sent.
- Double Verification Process:
- Transactions undergo double verification, ensuring completion even if the user’s device is turned off during payment.
- Transaction Logs:
- All transactions are recorded, providing comprehensive data including transaction ID, chain ID, cryptocurrency details, sender address, and status.
- Token Management:
- Admin panel facilitates easy addition, removal, or deactivation of tokens for receiving payments.
- User Payment Accessibility:
- Facilitate payments for non-registered users with the “Only logged-in users can pay” feature.
- Product Status Update:
- Choose the product status update upon completion of payment.
- Translation Capability:
- Use Loco Translate to seamlessly translate into various languages.
- Backup System:
- Easily transfer settings using the backup system for convenience.
Advantages:
- No Third-Party Service: Avoid fees from virtual POS and other payment methods.
- Direct Transactions: Transfers are made directly to your account, minimizing intermediary deductions.
- Quick Processing: Payments are available for use on the same day with a processing time of 1-2 business days.
- Flexibility in Token Use: Receive payments with both tokens and native currencies from supported blockchain networks.
This plugin ensures a straightforward process for merchants to receive crypto payments with a robust set of features and advantages, enhancing flexibility, reliability, and efficiency in cryptocurrency transactions within WooCommerce.