Are you wondering how to accept bitcoins on Shopify? After all, the world’s largest online retailer, eBay, accepts the currency. So, does almost every other major online merchant. But, how exactly do you go about it? Actually, it’s quite easy, as long as you follow a few basic steps.
Sign up for your Shopify store. Once you’ve done this, you can then go to settings and click on ‘Apps.’ This will bring up your list of all your current stores, along with those you are opening new accounts for. If your Shopify store is new, then choose one from the list how to accept bitcoin on shopify.
On the bottom of the page, you’ll see an option for selecting which currencies you’d like to support. Choose the currency you would like to support for your Store. Now, you’ll need to select a payment processor. There are two available – one is the regular credit card method, and one is the Merchant Account method.
With the merchant account method, you can accept all major credit cards online. That’s perfect if you have a sales force that can get your product out there. However, for most people, this isn’t going to be necessary, as the majority of their transactions will come from debit or credit card machines at the store.
How to accept bitcoins on Shopify? You’ll go to the section where you set up a Payment Portals. There are options for almost everything, so don’t be afraid to customize your store. Just pick the payment method you’d like to use, then follow the onscreen instructions. Your payment gateway should automatically redirect any outgoing transactions to the correct place.
Once your store is set up, you need to find an application called Bitpay. It’s also available as a download for Windows, Linux, Mac OS X and Android. Open the program, and enter your merchant account information. Your account details should be protected by a password you create, so you don’t lose it. You’ll want to set this up, along with any other security measures you have in place, before you begin to accept any and all payments from your customers.
When you set up how to accept bitcoins on Shopify, you also need to install some Google Payflow plugins. This plugin will let you accept money payments from your existing customer base. It lets you configure the payment gateway and even automatically approve or reject an online transaction for security reasons.
So, after your store gets set up, how to accept bitcoins on Shopify is pretty simple. Add the payment button, customize your store, select the payment options that you are comfortable with, and then you’re ready to start accepting payments right away. In a few days you should start to see some income come in, and then you will know that your store has become a real money making enterprise.
One of the most important aspects of how to accept bitcoins on Shopify is to have a secure payment gateway. This is actually the hardest part of setting up your store, but it is also one of the most important parts of making sure that your site stays secure. The payment gateway is what allows you to take credit cards or virtual currencies from your customer’s credit card and passes them through to your merchant account. Without this protection, your site can be hacked into and all of the information that you store can be stolen.
There are two main payment gateways, you can choose from. The first is Bitpay, which is by far the most popular. They offer one monthly fee and provide a very fast transaction time. However, it takes up to two weeks before you receive your payment.
The second payment gateway that you can use is PayPal. They have had a rocky time lately, but they still have an excellent reputation. You can set up your store with their plug in, which is a plugin that enables you to accept payments from customers on your site with their credit card. It takes about a minute to complete the transaction and their fee is much less than Bitpay.
These are just two of the payment plugins available for how to accept bitcoins on Shopify. There are others available as well, but these are some of the most popular. By using one of these plugins, you will protect yourself and your store from possible security problems, while at the same time allow your customers to get their purchases when they want.