The question of how to accept bitcoins on shopify is a very common one among small business owners. You may be a new startup with just a few customers or even a big corporation that has several outlets in different cities. Whatever your situation is, you should know how to integrate the payment option into your website. It’s actually the most logical way to go as it will help your business to stay on top of the competition how to accept bitcoin on shopify.
If you are new to online business, you can either choose to accept cash payments or open an account with a payment service provider (like Shopify). Both of them are very secure and will give you the freedom of accepting payments for products or services in any currency you want. However, not many people prefer these alternatives as they have some drawbacks. For example, accepting payment through credit cards requires you to get a merchant account which comes with fees. Opening a merchant account is often costly as well.
One of the most convenient solutions for accepting payment through PayPal or another payment gateway is to use a third-party merchant account provider like Shopify. They are a group of businesses dedicated to providing merchants with a platform to accept all forms of payment including PayPal. All you have to do is provide them with an existing website or you can create one for your store. They will provide you with a unique URL which will serve as the shopify URL. Merchants will just have to copy the HTML code provided in the shopping cart section and paste it on their website. In a matter of seconds, they can update their site with a new shopping cart page and automatically insert the needed payments.
How to accept bitcoins on shopify is simple and hassle-free. Once you have signed up as a merchant with them, you will need to create your online store. This can be done by choosing a unique design for your store along with appropriate color schemes. Once you have made your online store, you can now go through the steps on how to process payments. Merchants can either go through Google checkout or directly to their Shopify payment gateway.
Once your store is established, you can go through the payment gateway to learn how to accept payments through them. Upon signing up, you will be provided with your own payment address. You will also get an additional link which you will paste into your web page. This additional payment address is the one that will be converted into the payment URL. Once this is done, your customers can now select from a wide array of items and pay using their preferred payment method.
It is important to note that even if you are selling only books and newspapers, you will still be able to take advantage of the benefits of how to accept bitcoins. Since you are providing a virtual location where people can purchase products, you are then considered a virtual shopping center. The payment gateway will see this as an acceptable place for people to spend their money, hence, permitting you to tap into their purchasing power.
However, the process of accepting payment via the shopify app is a lot more straightforward compared to that of accepting payments through a payment gateway. Since your online store does not accept payments, all you need to do is follow the easy-to-follow instructions that will be provided to you. You will be asked to enter the amount of bitcoins you want to be spent. Also, you will be required to select an address where these funds will be transferred.
After doing all these, you will finally be able to know how to accept bitcoins on shoplift. Once your payment has been accepted, you will immediately see the change in your online store’s transaction history. Transactions completed from your customers will show up as money received. All you need to do next is to check your payment history, and you will instantly see if the balance of your balance has gone above or below the minimum balance limit. If the balance is below the limit, you can immediately redo the transaction and make it work again.
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