How to Accept Cryptocurrency Payments in Opencart
Everything you need to know about how to accept cryptocurrency payments in OpenCart and step-by-step instructions on how to integrate cryptocurrency payments into your website.
Cryptocurrency payments are an effective business tool that allows you to attract new customers, increase profits, and enter the international market. According to a study and survey conducted by the National Retail Federation, 20% of consumers would be more likely to complete a purchase if they had the option to pay with cryptocurrency. Another study conducted by PwC showed that 26% of consumers who own cryptocurrencies are more likely to use them for online purchases. That is why most companies are actively integrating this payment method into their processes.
How to accept cryptocurrency payments with Opencart
After successfully installing and configuring the Whitepay payment module in Opencart, your customers can pay for orders using cryptocurrencies such as Bitcoin, Ethereum, and others. In addition, Whitepay provides various tools for analyzing and controlling transactions, which allows you to ensure payment security and avoid fraud. Even more useful and up-to-date information about cryptocurrency acquiring and its capabilities you can find here.
What cryptocurrency can you accept with Opencart
The cryptocurrencies that you can accept with Opencart will depend on the payment gateway or module that you choose to use. Opencart has various payment gateway extensions available that allow you to accept different types of cryptocurrencies. Whitepay gateway allows you to accept more than 140 cryptocurrencies on your online store for payment.
How to add the Opencart payment gateway to your website
Installing the plugin is quite simple and easy. There are two ways of integration: automatic and manual. Let us consider both options in more detail.
- Go to your website admin panel, Extensions > Marketplace page.
- Enter ‘Whitepay’ phrase, search and open Whitepay plugin.
- Go to Download tab and click ‘Install’.
Manual installation (Admin panel):
- Go to your website admin panel, Extensions > Installer page.
- Click ‘Upload’, choose Whitepay plugin archive.
- Click ‘Install’.
Manual installation (Server):
- Access the directory of your website using FTP or the hosting control panel.
- Go to ‘extension’ directory, create and open ‘whitepay’ directory, unzip plugin archive and upload data.
- Go to Extensions > Extensions page in the admin panel.
- Choose the extension type ‘Payments’.
Benefits of accept cryptocurrency payments on Opencart
Accepting cryptocurrency payments on Opencart can provide several benefits for your business, including:
- Global reach: Cryptocurrencies are decentralized, meaning that they can be used anywhere in the world. Accepting cryptocurrency payments can help you expand your customer base and reach new markets.
- Lower transaction fees: Traditional payment methods like credit cards can charge high transaction fees. Cryptocurrencies, on the other hand, typically have lower transaction fees, which can help you save money on payment processing.
- Faster payments: Cryptocurrency transactions can be processed quickly, sometimes in just a matter of minutes. This means that you can receive payment faster than with traditional payment methods.
- Increased security: Cryptocurrencies use encryption to secure transactions, making them more secure than traditional payment methods. This can help protect your business and your customers from fraud and other security risks.
- Attract tech-savvy customers: Accepting cryptocurrency payments can help you attract customers who are tech-savvy and interested in using innovative payment methods. This can help differentiate your business from competitors and position you as a forward-thinking company.
Overall, accepting cryptocurrency payments can provide several benefits for your business, from increased security to lower transaction fees and faster payment processing. By integrating a cryptocurrency payment gateway into your Opencart store, you can tap into the growing popularity of cryptocurrencies and provide a more convenient payment option for your customers.
Whitepay provides customer support
If you encounter any problems during the installation of the plugin, you can contact our team at firstname.lastname@example.org, who will answer all your questions.
Whitepay also has a demo version that allows you to get acquainted with the capabilities of the CRM system, such as:
- Viewing the list of orders.
- Viewing transactions.
- Getting acquainted with the dashboard.
View customisation settings (adding a logo, changing the colour, redirecting to the successful payment page).
If you want to easily and quickly accept cryptocurrency payments on your website, then download the Whitepay plugin for OpenCart right now by this link!