Cryptocurrency adoption has been very impressive; as of 2023, the entire global market was estimated to be worth over $1 trillion. In terms of actual cryptocurrency use cases, there are currently 15,174 businesses worldwide that accept Bitcoin and other cryptocurrencies in exchange for goods and services, and these figures are expected to double in the coming years.
For online store owners, integrating cryptocurrency payment options is a strategic way to stay competitive and also satisfy their ever-evolving customer base. This article takes a look at 5 of the best cryptocurrency plugins to help improve your business’s functionality.
Key Takeaways
- Over 2.14 billion people worldwide are estimated to make online purchases. Many companies are integrating cryptocurrency payments to satisfy this demand and add flexibility and security to their business operations.
- There are different payment plugins available for easy integration of cryptocurrency payments into online stores.
- PTPShopy provides a variety of cryptocurrency payment options, including PrestaShop, WooCommerce, Shopify, Magento 2-in-development plugins, and many more that simplify and secure this process.
Getting Started as an Ecommerce Store Owner
By 2031, it is predicted that cryptocurrency payment gateway market will be reach $5. 4 billion, and entrepreneurs who focus on this market will undoubtedly have an advantage over others. Thanks to a variety of plugins that are intended to make the process smooth, integrating cryptocurrency payments for PrestaShop and all other eCommerce platforms has never been simpler.
Step 1: Choose a Secure Crypto Wallet
Prioritizing your selection of a cryptocurrency wallet is essential before integrating cryptocurrency payments. Managing, storing, and accepting cryptocurrency transactions are all done with a crypto wallet. The cost, security features, and supported currencies of the many options, both online and offline, vary.
PTPWallet is a multicurrency, high-frequency solution for over 400 cryptocurrencies, including Bitcoin, Ethereum, and ERC-20/BEP-20 tokens. This software solution has consistently catered to businesses since 2018 without ever documenting a hacking incident. PTPWallet’s strong security system, which incorporates PIN, 2-FA, and passphrase protection, makes this feasible.
Step 2: Select your plugins
Your e-commerce store (e.g. WordPress) directory offers a variety of plugins to pick from. Only a handful allow for cryptocurrency online payments, show real-time prices, and so much more. E-commerce store owners should select products that cater specifically to their needs and provide the needed solution.
5 Must-Have Crypto Payment Plugins
Below are some of the top plugins available to give your website an upgrade:
PTPShopy WooCommerce Plugin
WooCommerce is essentially an e-commerce platform that provides online store owners with the ability to tailor shop features according to their needs and preferences. This online platform allows companies and individuals to set up their online store in minutes and sell their products to any customer in any part of the world.
Since WooCommerce functions on WordPress, our customer reach is boundless. Since WooCommerce does not have a cryptocurrency payment feature, many merchants use third-party solutions to accept cryptocurrencies. PTPShopy addresses this with its WooCommerce cryptocurrency payment gateway. This plugin allows for seamless integration, so any business (be it small or large) can start accepting cryptocurrencies within a short while. Best of all, setup is free, and transaction fees are under 1%, which makes it an affordable solution for new businesses.
Shopware
Shopware is another popular solution in the eCommerce world that allows for easy modification and personalization. The platform provides an easy way for retailers to make an online store. Although it may not be as popular as WordPress, many big companies use it to power their digital storefronts. Shopware is designed in such a way that anyone can build anything, and store owners are assured of no chance of facing any kind of downtime.
PTPShopy Shopify Plugin
Shopify is another popular online store platform for owners that allows for personalization to suit their needs. Today, more than 1.7 million merchants operate their online stores on Shopify. Plus, Shopify supports crypto payments via various integrations. However, the need for easy processing and high transaction fees makes it a non-viable option for many store owners.
To meet these demands, the PTPShopy Shopify plugin offers a special crypto payment gateway that improves the available payment solutions for Shopify stores. The plugin can be easily integrated to accept cryptocurrencies, and the entire set is free for both SMA and large businesses. PTPShopy charges a small transaction fee on each processed payment.
LikeCoin
Powered by a decentralized blockchain network, LikeCoin enables all content creators to trace their earnings and also transfer them to their wallets. LikeCoin is a new generation of WordPress plugins that incentivizes content creators on your website with digital tokens, also known as LikeCoins. The plugin encourages content creation and user engagement and works perfectly with many WordPress themes and plugins. With over 1,000 active downloads and a perfect rating of 5 out of 5, LikeCoin shines as one compelling solution for website owners looking to monetize their user engagement.
PTPShopy PrestaShop Plugin
PrestaShop is an extensive e-commerce platform that allows online store owners to personalize features that match their business needs. There are over 300,000 merchants on PrestaShop, however, it does not feature cryptocurrency payments natively. PTPShopy offers a unique PrestaShop plugin to facilitate and empower businesses. Like other PTPShopy plugins, the PTPShopy PrestaShop plugin does not require setup charges, and its transaction fee is comparatively low.
Accept cryptocurrency payments easily with PTPShopy
Are you ready to unlock the next level in your eCommerce business? If so, then PTPShopy is your best buddy.
PTPShopy has a different set of plugins designed to integrate cryptocurrency payment options seamlessly into your online store so that you can always remain well ahead of the pace in today’s digital marketplace. With our solutions, you’ll be able to accept more than 400 cryptocurrencies easily. There are no membership, setup, or other hidden fees and withdrawal is also free. The best part is there are different plugins for WordPress, WooCommerce, Shopify, PrestaShop, and Drupal Commerce store owners. Learn more about accepting cryptocurrency payments as an online store owner here.