Top 7 Bitcoin WordPress Plugins— (Updated 2020)
Most ecommerce vendors accept some combination of PayPal and credit cards, but Bitcoin has become an alternative and reliable form of payment. Accepting Bitcoin in addition to more traditional platforms offers a number of advantages to any online store.
This article will cover everything ecommerce brands need to know about some of the top Bitcoin WordPress plugins. Bitcoin and other cryptocurrencies have become a highly relevant source of revenue, so businesses that limit themselves to conventional payment methods will continue to lose more and more customers over time.Versatility
While PayPal is compatible with 25 fiat currencies worldwide, it doesn’t currently offer any support for cryptocurrencies. With that in mind, you’ll need to implement a separate WordPress plugin in order to receive Bitcoin, Bitcoin Cash, Litecoin, Ethereum, or other cryptocurrencies.
Recurring billing is not supported yet by Bitcoin, so PayPal may still be the default choice for subscription payments. Furthermore, a few allow users to accept payments from even more countries than PayPal, which can be particularly helpful for vendors that sell digital products.Payments
In addition to the flexibility mentioned above, Bitcoin plugins lead to more convenient payments for both vendors and customers.
First, you’ll have immediate access to all incoming funds rather than waiting two or three days for a PayPal transfer. It’s also important to see if certain plugins enable on-form payments, instead of requiring customers to complete the transaction by sending them to a separate website (then eventually returning back).
While liquidity used to be a significant concern for Bitcoin and other cryptocurrencies, Blockonomics, BitPay, Coingate, BTCPay, and other platforms now support cash conversions. These services have made Bitcoin far more efficient for ecommerce businesses.Trust and Tran...