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/ May 13, 2022

City Of Chandler Accepts Cryptocurrency For Utility Payments

Whereas other payment gateways simply deposit Bitcoin funds as equivalent currency into your bank , resulting in you not needing a Bitcoin wallet at all. By choosing cryptocurrency as one of your payment options, you can accept microtransactions for various products and services your business offers at lower rates than most other payment types. Upgrade your business to accept cryptocurrency payments and gain access to built-in fraud management tools and chargeback mitigation software.

Smart contracts also increase the transparency of the process and add a layer of security, providing businesses with peace of mind when implementing a decentralised payment gateway. In addition, users will feel more comfortable and are more likely to use a payment platform if they feel their payments are safer from attacks. Accepting bitcoin and other cryptocurrencies is straightforward and very easy. B2BinPay allows any business to securely and effectively send, receive, store and exchange and accept crypto payments online. Features include no recurring fees or hidden charges, low processing fees of 0.5%, downloadable reports, real time balance and transaction history and secure checkout.

Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Chandler boasts a number of advantages as a location to start or grow a business. We want you, as a resident of Chandler, to easily find the information and services that are important to you. Join over 50k people who receive our weekly WordPress related newsletter. You can create a customized donation link and place it anywhere you want. For your site, you can use a Bitcoin donation button or widget.

If you choose to do so, then you won’t need an intermediary or have to pay them any fees. You also won’t need a bank account if you don’t want to convert the Bitcoin payment into fiat currency or want to sell it for cash in hand. As you can see, there are a variety of plugins and methods available to enable you to process and accept Bitcoin payments with WordPress. The tools you choose should depend solely on your site, and the needs of your audience. And remember, you can always trial a few different solutions to see what works, and ensure you find the best-fit Bitcoin solution for your site. Easy to install and setup, Digital Paybox enables customers to decide how much they would like to pay for a digital product.

And best of all the CoinGate WooCommerce plugin quickly allows you to integrate your online store with CoinGate’s service. It’s time to start accepting bitcoin and other leading cryptocurrencies as a payment solution on your website and shopping cart for your customers to use. Tap into emerging markets and drive down processing costs with our secure bitcoin merchant services. It is worth bearing in mind that some digital payment processor services actually provide an online wallet service .

The Most Convenient Way To Accept Bitcoin Payments In Business

Cryptocurrency payment gateway, B2BinPay, is one of the main players in this space, facilitating blockchain payments worldwide. Which Cryptocurrency plugin https://xcritical.com/ will you select to help you accept Bitcoin payments with WordPress? You need to have a Bitcoin wallet from which you will be able to send Bitcoin payments.

It said it was the first U.S. restaurant brand to offer crypto as a customer giveaway. Chipotle Mexican Grill customers can pay for their next burrito with bitcoin. Broaden your customer base and promote crypto acceptance online or in-store.

The Mexican chain now accepts digital currency at all of its nearly 3,000 U.S. restaurants under a partnership with cryptocurrency payment network Flexa, Flexa said Wednesday. In doing so, it becomes possibly the largest U.S. restaurant chain to accept cryptocurrency. If you don’t have prior experience with crypto payments, it can be a daunting task to enable this solution in your business.

How to Accept Cryptocurrency

This solution works by enabling Bitcoin payments with WordPress to be sent directly to your Bitcoin wallet and/or bank account in the currency of your choice. Accepting crypto payments on your website offers safe blockchain transactions from global customers with no chargeback risks and complete security features. Alternatively, you can decide to process your Bitcoin payments by yourself.

BTCPay Server – a self-hosted open-source Bitcoin payment processor with enhanced privacy, security, and censorhip-resistance features. NOWPayments suite features API, instant payment notification, widget, buttons, as well as website plugins for WooCommerce, Opencart, WHMCS, and Magento 2 plugin. For more information about how to make the most out of NOWPayments integration, please check its website, or reach out to its 24/7 customer support desk. The Newport Beach, Calif.-based chain has waded into the world of crypto before. Last April, it gave away $100,000 in bitcoin to celebrate National Burrito Day.

Crypto payments are not subject to strict regulation by сentral banks, governmental institutions and tax authorities, so they have no control over them. In addition, contrary to other payment methods, once a crypto payment has occurred, it is not possible for it to be reversed, and of course, there are no chargebacks. By selecting PayPal as the payment option, the crypto option will automatically display as a payment method in PayPal Checkout if there is a sufficient balance of cryptocurrency to cover the payment amount. Customers should log into their accountto pay using cryptocurrency. Digital Paybox is a premium plugin that will enable you to accept Bitcoin, but in this case in exchange digital downloads. This solution integrates with numerous payment gateways, but uses Bitpay to accept Bitcoin.

Bitcoin Payment Methods

Just copy the address or scan the QR code and send the required amount. Once we have processed the payment, we automatically exchange it if needed and send it directly to your personal wallet. In any case, Bitcoin’s ability to deal with customers in person, phone or tablet with a specific payment app can come in handy. It opens your business for an entirely new consumer segment and lets you brand yourself as a proponent of decentralization and financial freedom. And if you still have second thoughts whether you should accept Bitcoin in business, see these ten reasons why your business should accept BTC.

It is a way for you to receive Bitcoin payments for your products and services. CHANDLER (3TV/CBS 5) – It’s one of the latest high-tech moves for one Valley community. Chandler is now allowing residents to pay their utility bills with cryptocurrencies such as Bitcoin, Ethereum, or Litecoin.

How to Accept Cryptocurrency

The plugin will add options to connect to your Bitpay account with your API token under a ‘Payments’ tab in your main WooCommerce settings. Once completed your online shop will be able to take payments in Bitcoin. CoinGate is a natural for WooCommerce sites, as it enables you to receive payment for products in numerous cryptocurrencies. To receive Bitcoin payments with WordPress on your online store via CoinGate, you will need to install the CoinGate for WooCommerce plugin.

Reasons Why Crypto Donations Make Sense

List your business on sites like CoinMap.org, make promotional graphics, online and offline, and add your company to other lists of those that take Bitcoins and cryptocurrencies. However, note that technical issues aren’t the only important ones. Before starting to accept Bitcoin, consult with a local accountant about tax compliance – Bitcoin adoption for businesses can be a bureaucratic nightmare based on where you live. Start with learning how to set up a Bitcoin wallet for your business, published your public key and you’re ready to accept BTC. Besides, you may want to set up an exchange account in case you want to exchange your Bitcoins for fiat later. These services make accepting Bitcoin and cryptocurrencies easy and convenient for everyone.

How to Accept Cryptocurrency

It’s where information regarding your coin addresses and transactions is stored. So before you can obtain and maintain Bitcoin, you’ll need a wallet. Are you ready to get a bitcoin merchant account for your business? The price of Bitcoin crossed the $50,000 milestone in February and total cryptocurrencies climb to historical levels in 2021 crossing $1.5 trillion in market cap. This rapid growth also means there will be a quickly minted generation of millionaires that may start considering philanthropy. Yes you can, NOWPayments offers an off-ramp (crypto-to-fiat) solution.

City Of Chandler Accepts Cryptocurrency For Utility Payments

First you’ll need to install and activate plugin on your WordPress site, then just fill out the necessary plugin info. I think for GoURL you add your public and private Bitcoin key, then you can accept payments via custom products, downloads, views or memberships. As payments are received they’re automatically sent to your wallet. Plus with CoinGate you’ll receive automated notifications for payments, and you can specify what cryptocurrency you want to receive payouts as .

  • Before starting to accept Bitcoin, consult with a local accountant about tax compliance – Bitcoin adoption for businesses can be a legal nightmare depending on where you live.
  • If you don’t have prior experience with crypto payments, it can be a daunting task to enable this solution in your business.
  • We handle the integration with CRMs, accounting software, inventory tracking and much more.
  • Once you have chosen a digital wallet and signed up with a payment processor service, it’s time to add Bitcoin payment integration to your WordPress website.
  • Easy to install and setup, Digital Paybox enables customers to decide how much they would like to pay for a digital product.
  • Although not crucial, it is the easiest way to accept Bitcoin, and other altcoins.

We handle the integration with CRMs, accounting software, inventory tracking and much more. The next level of crypto donations is learning about NFTs for fundraising. What’s more, this type of donation will likely be more inline with their beliefs as the alternative would be to pay more in tax to government policy that the donor may not support. The nonprofit can then also potentially gain from that asset as it may continue to grow tax-free.

Sign Up With A Digital Payment Processor Service

There are also some, although very rare, services that offer to do your taxes for you if you’re based in the US, for example. The bad thing about Gourl is that your balance should rich to 0.01 btc for withdrawal. If you look at their support page on wordpress.org, you see that everyone is closing their account because reaching to this amount may take a long time. Bitcoin comes with a cloak of anonymity, as those making a payment don’t have to part with any personal information. This will appeal to many buyers who are unsure about sharing sensitive data online. Bitcoin can be accepted from anyone, anywhere in the whole world.

And with their WordPress Bitcoin Payments plugin you can accept these as forms of payment via WooCommerce. But that’s not even the best part – Blockonomics send payments to your wallet rather than a payment gateway. So you get your money faster, safer and you even save on how to accept litecoin payments fees when withdrawing. Note – you do need a Blockonomics account, but for merchants that’s just a 1% fee – so it’s super affordable. Once you have accepted a Bitcoin payment on your site, a payment processor will then automatically deposit the Bitcoin into your wallet.

Get Crypto And Bitcoin Merchant Services

For business owners seeking to gain an edge in their industry, accepting cryptocurrency payments as an alternative payment method is an excellent solution. As online payment acceptance expands, it’s never been more essential to accept bitcoin and other cryptocurrencies on your business’ website and stay ahead of the curve. But choosing the best cryptocurrency payment processor is the key if you want a smooth transition to accepting the world’s most advanced digital currencies. Although CoinGate doesn’t provide its own online wallet service, they recommend using the Electrum or Copay for Bitcoin. And if you choose to keep your coins, CoinGate has a curated directory of crypto-friendly online stores where you can use them. At PaymentCloud, we are the first of our kind to provide merchants the tools to accept crypto payments for their online business.

Digital Paybox

However, convenience always comes with a fee, so if you would like to take matters into your own hands, Bitcoin was made precisely for that reason. Before starting to accept Bitcoin, consult with a local accountant about tax compliance – Bitcoin adoption for businesses can be a legal nightmare depending on where you live. So you have decided that Bitcoins are a decent payment option to have on your store.

If use WooCommerce on your site, and Bitpay sounds like the right payment processor service for you, then the Bitpay Checkout for WooCommerce plugin is a great option. To get started with Bitpay, simply sign into your account and add a new API token for your WooCommerce Store. A digital payment processor service will enable you to take Bitcoin payments on your WordPress website. Although not crucial, it is the easiest way to accept Bitcoin, and other altcoins. Get a merchant account and accept crypto payments instantly or let us design a custom package perfectly for your business needs. NOWPayments offers 16 merchant tools allowing to implement crypto payments on any website, service and brick&mortar store.

Checking If The Site Connection Is Secure

Give us some business information and we take over from there, getting you approved and set up with the tools and solutions you need to accept cryptocurrency. CoinGate – accept and process payments in more than 50 cryptocurrencies, including bitcoin on the Lightning Network. Right after you create your wallet, most of them will let you generate an address that you can show on your website or store, and tell people to send their coins to that one. After you start earning BTC, you can either keep them and wait for them to appreciate in value or send them to an exchange to cash out. Flexa was offering customers 10% off their next Chipotle order when they pay using any digital currency in a Flexa-enabled app.

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