In the digital world nowadays, cryptocurrency has become increasingly popular as a payment method for consumers to pay for merchants’ goods and services. To satisfy this demand, many eCommerce businesses have started to adopt crypto as one of their payment methods. WooCommerce store owners are no exceptions, and enabling WooCommerce pay with crypto function is a way to advance the business further globally. In this article, together with XAIGATE, let’s dive deeper into the questions of what is WooCommerce, how to enable WooCommerce pay with crypto function, and why XAIGATE is an ideal option to choose for WooCommerce integration.

What is WooCommerce?

First, let’s discuss the background topic of “What exactly is WooCommerce?”. If you are in the field of or looking to start an eCommerce business, you must have heard of the phrases such as WooCommerce and Shopify. WooCommerce is a fully customizable, free, and open-source eCommerce WordPress plugin. It enables merchants to easily create and manage an eCommerce store, offering multiple extensions to facilitate workflow of an online business.

Using WooCommerce, eCommerce store owners can establish a WordPress site to sell both digital and physical products. WooCommerce extensions are helpful for owners to perform several tasks for their business such as store development, management, marketing, shipping, accounting, tax, and payment. WooCommerce payment plugins such as Paypal, Amazon Pay, and Alipay process fiat currencies payments. Likewise, there are gateways out there to enable WooCommerce pay with crypto function, and those are called cryptocurrency payment gateways.

Learn more about crypto payment gateways for WooCommerce: 5 Best Cryptocurrency Payment Gateway for WooCommerce

How to integrate WooCommerce pay with crypto function?

As mentioned in the previous section, cryptocurrency payment gateways can be installed as WooCommerce plugins in order to enable WooCommerce pay with crypto function and accept crypto payments from consumers.

A crypto payment gateway, in short, acts as a bridge between merchants accepting crypto and consumers paying them for goods/services with cryptocurrencies. A crypto payment gateway plugin can be installed into WooCommerce payment plugins to accept, process, and settle several cryptocurrencies from consumers into merchants’ wallets in a fast, seamless, and secure fashion.

 

Learn more about crypto payment gateways in more details: What is crypto payment gateway: A comprehensive guide

Why should merchants consider integrating the WooCommerce pay with crypto function?

It is important to note that merchants can accept cryptocurrencies directly into their own wallets and manage the crypto on their own. However, doing so requires a lot of time and effort from the merchants’ sides. It might also take away from the customer experience since it isn’t directly integrated at checkout, making it inconvenient to pay with crypto. Therefore, the majority of WooCommerce store owners would opt to use a crypto payment gateway plugin for their site if they want to accept crypto as one of their main payment methods.

There are many advantages of integrating a WooCommerce pay with crypto function into the eCommerce business, and some of those include:

• Global customer outreach: Since crypto is being used more and more nowadays, and it can be accessed by anyone all around the globe, enabling crypto payment method attracts consumers from many countries to use the site for goods and services.
• Security and privacy: Because of cryptocurrencies’ decentralization and user anonymity nature, using crypto as a payment exchange method guarantees privacy and security for both merchants as well as consumers.
• Low fees: Transaction fees by crypto payment gateways are significantly lower than those of fiat currencies such as credit cards since there are no intermediaries in the form of banks or other regulators during crypto payment processing.
• Speed: A WooCommerce pay with crypto function is a seamless, swift, and convenient way to pay for goods/services which only takes seconds to complete.
• No chargeback: Blockchain transactions are irreversible, so chargeback fraud is prevented for merchants who are worried about online crimes and frauds.

XAIGATE: best choice as a payment gateway for WooCommerce pay with crypto integration

If you are in the market for choosing the best, secure, and affordable gateway to integrate into your WooCommerce store, look no further as XAIGATE is your ideal option! At XAIGATE, we offer a global solution to accept multi-cryptocurrencies from consumers all around the globe in a fast, seamless, and secure fashion at a very affordable cost so you don’t have to increase your overhead cost too much. Some of our outstanding features include:

• Low processing fees: Our fee is competitive at 0.2%
• No monthly maintenance cost
• Easy setup: User-friendly UX/UI, easy integration into your WooCommerce store
• Invoice services: XAIGATE assist clients with requesting payments and processing them through our blockchain API.
• Global payments: We accept crypto payments from all over the world.

If you choose us as your service provider, XAIGATE will be happy to assist you every step of the way! With our professional team of experts, you can rest assured our crypto payment gateway will be seamlessly and securely integrated into your WooCommerce business workflow.