Have you ever decided to open a website or shop and wonder how to accept Bitcoins? In that case, you’re not alone, many people worldwide are wondering how they can begin accepting this new method of payment on their websites. The short answer is – it’s easy, but there are some steps that you need to take in order to start accepting the most widely used form of payment – the virtual currency known as bitcoins.
Accepting electronic currency is a big deal these days. This method of payment has been growing in popularity over the past year or so. When you accept the payment method, you’re not only expanding your customer base, but also taking part in cutting edge ecommerce technology. It’s a way to cut costs and increase profit. In short, it’s a win-win situation for your business and you how to accept bitcoin on shopify.
How to accept Bitcoins on Shopify is actually very easy. When you open a store on the ecommerce platform, you will be given an option to set up a merchant account. The choice should be yours, but if you are setting up a website, you will have to use this option. By using this payment method, you will be able to receive and process payments from your customers.
When you accept the payment method through your website, the information required from your customer should be passed through the payment gateway. Once the transaction has been made, your website will display the sale price. The payment gateway will then calculate how much money was transferred and deduct from your store’s merchant account balance. Your job then is to receive the payment from your customer.
There is no need to have a merchant account with Shopify. You will be able to add one later on, if you wish. But for now, you should choose to accept only cash payments on your store.
When you are wondering how to accept bitcoins on shopify, you should know that it is quite easy. All you have to do is to install an application on your website. Once you have installed the software, you will then be able to manage your customers’ shopping cart by using their credit card details. Once they complete their purchase, the transaction will be redirected to your merchant account, which will be held by Shopify.
There are many online stores available that accept bitcoins. Some of these online stores to allow their customers to pay with their credit cards online. This is a fast and secure way for your customers to make their purchases. When a potential customer makes a payment with his credit card online, it will only take a few seconds before your website will pass the payment right to your merchant account. If you are wondering how to accept bitcoins on shopify, this may be your best option.
You can also accept other currencies besides just the US dollar. For example, if you have a store located in Australia, you can set up an Australian shop online. You will only need to learn how to accept payments from Australian customers. Since most of your customers will be from Australia, you won’t have any problems with accepting their money.
When learning how to accept bitcoins on shopify, you need to have the right software installed. You can install this easily with the help of an instructional video. Just like any other merchant account provider, you will need to enter some information about your customer. After that, all you have to do is sign-in into your account. If your customers choose to make their purchase with a credit card, you will have to give them a link or a password to access their account.
Your online store will then show your customers an online invoice. This will serve as the virtual receipt that will serve as proof that the sale has taken place. Once a buyer decides to make a purchase, he will have to provide his payment information. You should keep in mind that a payment should be made using a valid and active bank account.
After you have all your merchant services up and running, you can start asking your customers how to accept bitcoins on shoplift. The easiest way would be through the store’s homepage. All your current and potential customers will be able to easily access your store. If they find that everything is working properly, they can already use their credit cards to pay for the items that they want to buy. This is one of the simplest ways of accepting payments on the internet today. With more businesses get their start online, it would not be too difficult to follow suit.