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WooCommerce is a fully customizable, open-source ecommerce platform built for WordPress. Users can sell both physical and digital goods in all shapes and sizes, offer product variations, multiple configurations, and instant downloads to shoppers, and even sell affiliate goods from online marketplaces. WooCommerce competes with many online store applications, including Shopify.
The free WooCommerce plugin is available on WordPress.org, and here’s how to set up it on your website. To use WooCommerce through WordPress.com, a user must be in Canada or the United States and have a WordPress.com ecommerce plan.
WooCommerce extensions enable and improve a site’s functionality. Hundreds of fantastic extensions are available for store development, management, marketing, payments, shipping, accounting, tax, and so on. For example, popular payment extensions include PayPal, Square, Amazon Pay, Alipay, and more. WooCommerce plugins are also available on WordPress.org.
WooCommerce has risen in popularity alongside the acceptance of bitcoin and cryptocurrencies for ecommerce transactions. Merchants who accept cryptocurrencies gain several advantages, such as access to a broader market, ease of cross-border transactions, buyer anonymity, and the security features vis-à-vis blockchain. Also, they can eliminate intermediaries, chargebacks, and pay lower fees compared to using services like PayPal. However, bitcoin has its share of ecommerce challenges, including increasing transactional fees, price volatility, and slow processing times. Additionally, bitcoin and cryptocurrency markets attract ongoing government intervention, hackers, and bad actors.
Paying with cryptos is more mainstream than many merchants and shoppers think. Microsoft, Expedia, Dish, CheapAir, and Newegg are just a few of thousands of merchants who accept bitcoin worldwide. A survey of 100 merchants found that 60 percent of them would accept bitcoin instead of dollars. Respondents spanned various industries and had at least $100,000 of annual revenue.
Before accepting bitcoins and altcoins, you should understand:
- Bitcoin and cryptocurrency fundamentals, pros, and cons
- Types of wallets and best practices regarding security
- The marketplace, exchanges, transactional costs, and conversion fees
- Your reasons for wanting to accept digital currencies
- The likelihood of your customers using digital currencies
- How your business operations and policies would change
Enabling bitcoin transactions on your site is a matter of selecting, installing, activating, and setting up a plugin. Plugin developers frequently provide installation guides, videos, FAQs, and user support.
WooCommerce Bitcoin Plugins
TripleA helps companies increase their sales by providing the technology to offer bitcoin and cryptocurrency payments seamlessly. Its mission is to provide an easy, user-friendly, and borderless future for crypto payments and transactions.
The Bitcoin Payment Gateway for WooCommerce plugin equips online businesses that use WooCommerce. Setup is easy with an insightful dashboard and real-time notifications. The plugin has many features and supports nearly 20 global currencies. Get started for free with its intuitive plugin.
BitPay is a global bitcoin payment service provider that integrates with many popular platforms. Its solutions target Bitcoin and Bitcoin Cash payment services for merchants, cross-border payments, and point-of-sale (POS) transactions. For individuals, BitPay supports payments, cards, and wallets.
The BitPay WooCommerce plugin allows you to accept bitcoin, and it supports all bitcoin wallets that support the payment protocol. BitPay provides a test merchant account and wallet. You can set prices in local currencies and refund customers in bitcoin among other features.
Blockonomics is a decentralized payment processing system for merchants accepting digital currencies. It helps thousands of ecommerce sites increase sales by enabling Bitcoin, Ethereum, Litecoin, and other cryptos for customer payments. Furthermore, it offers a P2P encrypted invoice solution.
The Blockonomics WooCommerce plugin allows you to accept BTC and altcoins. The checkout process happens within your website. It supports all major fiat currencies and HD (hierarchical deterministic) wallets, including Trezor, Blockchain.info, and Mycelium.
Coinbase enables businesses, individuals, and traders to transact digital currencies. Its users can create digital wallets and start buying and selling bitcoins by connecting their bank accounts. Also, it provides many merchant payment processing systems and tools.
The Coinbase Commerce Payment Gateway for WooCommerce plugin supports Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and USD Coin.
CoinGate is a payment gateway for blockchain payments. Its mission is to grow the adoption of cryptocurrencies by providing a robust payment infrastructure that caters to the needs of merchants and customers.
The CoinGate WooCommerce plugin accepts bitcoin and 50+ cryptocurrencies, including Litecoin and Ethereum. You can receive settlements in bitcoin, EUR, and USD. CoinGate provides a sandbox environment for testing.
GoUrl is a global provider of online cryptocurrency payment solutions. Its payment platform enables vendors and consumers to transact with each other. Its gateway is based on a different technology than standard portals. It integrates into website pages so that no external payment pages open, unlike other payment gateways.
GoUrl has several WordPress plugins. The GoUrl WooCommerce plugin enables you to accept bitcoin and several altcoins. You can choose from three payment integration options and receive payments directly. White label and subscription options are available as well.
Mollie is a technology-based company that processes payments with local payment methods, such as Mastercard, VISA, Amex, PayPal, iDEAL, Bancontact, SEPA Direct Debit, and SOFORT Banking. Its aim to make online payment simple for merchants by taking away the complexity of payment methods and offering a simple, but powerful API.
The Mollie WooCommerce plugin enables you to quickly let customers pay with bitcoin while receiving the corresponding amount in euros. It only takes a few minutes to start receiving bitcoin payments, and there are no hidden fees. You only pay a small amount for successful transactions.
SpectroCoin is an all-in-one solution for bitcoin. Its services range from exchanges to digital wallets. It focuses on making financial transactions quicker, frictionless, and flexible.
SpectroCoin’s WooCommerce plugin offers a payment method that can be used by anyone from anywhere in the world. Stores can accept bitcoin payments as well as XEM and Dash. Avoid cryptocurrency price risks by settling payments in EUR, USD, GBP, or any of the 20+ currencies it supports.
Stripe no longer supports bitcoin payments. However, its payment gateway for WooCommerce lets you accept other types of payments. Also, users can receive payment requests via Apple Pay, Google Pay, SEPA, and other methods.