Magento Expert Forum - Improve your Magento experience

Results 1 to 5 of 5

Accept Bitcoin Payments using Magento plugin

  1. #1
    New member CoinGate's Avatar
    Join Date
    Apr 2016
    Posts
    1
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Thumbs up Accept Bitcoin Payments using Magento plugin

    Bitcoin is the world’s first decentralized open-source payment system. Bitcoin is not owned or controlled by anyone, and anyone can use it without permission or registration. Its main use is to send payments for goods and services using an internal currency called “bitcoins”, which can be instantly converted to other currencies like EUR or USD after receiving payment.

    CoinGate enables various businesses to accept Bitcoin payments easily and safely, using an API or plugins for various e-commerce platforms, including Magento and Magento 2, OpenCart, PrestaShop, Woocommerce. We charge only 1% from the amount transacted, and there are no monthly, registration or other fees. You can get paid in Euros, U.S. Dollars or bitcoins. If you choose to get paid in Euros or U.S. Dollars, you can receive all the benefits of Bitcoin transactions, while still receiving a fixed amount of money for your goods and services as usual.

    Please note, that due to regulatory reasons, people or businesses located or registered in the United States of America can not use our services (every other country in the world is allowed, also if you are a business, then your customers can be from the US, just your business can not be registered there).


    Main benefits for you as a merchant:

    No chargeback fraud risk - credit card transactions are confirmed (become impossible to reverse) in about a month. While that month didn’t pass, credit card owner can call their bank and cancel the transaction by telling the bank that they did not authorize it, the bank charges the money from the merchant and returns them to the card owner. In that case, you can be left without your goods (if you already sent them) and without your money.
    When accepting payment through the Bitcoin payment system via CoinGate, transactions are confirmed (become impossible to reverse) in a few seconds. This allows you to safely accept payments even from so-called “high risk” countries like Nigeria or Ukraine.

    Customer privacy - to start using Bitcoin, your customer doesn’t need to register anywhere, doesn’t need to give-out their private information to anyone, they only need to download one of many free open-source Bitcoin wallet apps. They also do not have to disclose any of their personal information to you, unless you request it. This protects the privacy of your customers and makes identity theft impossible, because you don’t need to save and protect private information of your customers.

    Additional client flow - there are several billion people in the world without a bank account or a credit card, but many of those people have internet access, which is all that is needed to be able to use Bitcoin. For those people Bitcoin if the only payment method available to buy goods and services from international merchants online.

    For Magento - https://www.magentocommerce.com/mage...nt-method.html
    For Magento 2 - https://www.coingate.com/plugins/magento2

    If You have any questions, feel free to ask here.

    View more threads in the same category:


  2. #2
    Junior Member
    Join Date
    Apr 2019
    Posts
    212
    Thanks
    0
    Thanked 1 Time in 1 Post

    Default

    I want to use different plugins and additional services in order to make investments, trading much safer than it's right now. I decided on using bitcoin mixers. An article about one of them is here https://bitcoin-mixer.biz/bitmix-tumbler-review.html. What are your thoughts on it?

  3. #3
    Junior Member
    Join Date
    Sep 2018
    Location
    United Kingdom
    Posts
    228
    Thanks
    0
    Thanked 2 Times in 2 Posts

    Default

    Accepting bitcoins on Magento ecommerce stores is super easy.
    ...
    The process has the following steps:
    Signup and setup API credentials on CoinGate.
    Install and enable the CoinGate Magento Bitcoin extension.
    Configure the API credentials and other settings in CoinGate Bitcoin Magento extension.

  4. #4
    Junior Member
    Join Date
    Sep 2018
    Location
    Oman, Muscat
    Posts
    2,084
    Thanks
    0
    Thanked 4 Times in 4 Posts

    Default

    Login to your Magento Admin Panel. Go to System > Magento Connect > Magento Connect Manager. Get the CoinGate Magento Bitcoin augmentation key from Magento Connect, glue it in the Magento Connect Manager and snap Proceed catch to introduce. When you are done, come back to the Magento administrator board.

  5. #5
    Junior Member
    Join Date
    Jun 2019
    Location
    USA
    Posts
    88
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Is there a plugin that allows you to accept Magento bitcoin? Why I didn't know about it before... Well, it doesn't matter. Right now, I only do trading. This allows me to provide myself with an excellent passive income. If you want to learn more about this topic, then follow the link https://www.apsense.com/article/thre...p-trading.html. Read more.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •