Do you want to let your customers pay you with cryptocurrency? Even though this technology is growing in popularity, it’s still not a mainstream payment method. However, cryptocurrency has hundreds of millions of users around the world, so there’s a good chance your customers might want to pay you in this way. NOWPayments for WooCommerce is one way to integrate this into your site.
Unfortunately, there is no built-in WooCommerce feature for crypto payments. However, you can use a WordPress plugin to add this to your site. Letting your users pay with crypto opens up a flexible, secure, and globally available payment option that has low transaction fees in many cases too.
In this NOWPayments for WooCommerce review, we’ll take a look at the main features and benefits of the plugin so you can decide if it’s the right tool to add cryptocurrency payments to your site.
Why You Should Accept Cryptocurrency in WordPress
Cryptocurrency is on its way towards becoming a commonly accepted payment method. Here are some of the main reasons you might want to accept cryptocurrency payments on your online store:
- Improved customer privacy. Customers don’t have to provide additional contact and financial information when paying with cryptocurrency. This keeps their personal and financial information safe.
- Available globally. Crypto wallets aren’t tied to any financial institutions and can be used anywhere in the world. This makes it easier to accept payments and create a truly global store.
- Transparent and secure. Cryptocurrency transactions are public on the blockchain, which helps to reduce the likelihood of fraud occurring. This is important, especially since there aren’t any refunds or chargebacks.
With that said, let’s get into NOWPayments for WooCommerce and show you how easy it is to start accepting cryptocurrency payments on your site.
Introducing NOWPayments for WooCommerce: An Easy Way to Accept Cryptocurrency Payments in Your eCommerce Store
NOWPayments for WooCommerce is a WooCommerce plugin that makes it easy for you to start accepting cryptocurrency payments on your website. It lets you easily accept payments across 300+ different cryptocurrencies and integrates with WooCommerce in a couple of clicks.
All you need to get started accepting crypto is the plugin, a crypto wallet, and an API key to integrate NOWPayments with WooCommerce.
Here are some of the core features of the plugin:
- You can accept payment from over 300+ cryptocurrencies on your site.
- You’re able to immediately transfer funds to your bank or wallet of choice.
- There’s the option to display crypto icons on your shop and products pages.
- The developer offers round-the-clock plugin support and a personal account manager.
With the premium version, you’ll also get access to priority support and the ability to display top cryptocurrencies used on your shop page and products. What’s more, the premium feature list is always developing and expanding.
Payment Support for Multiple Cryptocurrencies
NOWPayments supports over 300+ cryptocurrencies. This includes popular and widely used coins such as Bitcoin, Ethereum, XRP, and many more. The plugin also supports so-called ‘stablecoins’, and smaller coins.
From the moment you activate the payment method on your site, you can use every coin available. As such, there’s no need to specify the coin that your visitors can use; they will simply select which coin they want to use during checkout.
This keeps the setup time down for you, and gives your customers the greatest flexibility when it comes to choosing their favorite coin.
In addition, the moment a user submits a transaction, it converts to your currency of choice. This can be a coin you prefer to hold or even fiat currency. After the conversion, you can send the transaction to your cryptocurrency wallet or your bank account.
You’ll be able to see your crypto payments on the WordPress dashboard. This includes the coin type and how your payments trend over time. This not only lets you see your total sales at a glance but also lets you see the types of coins your customers use the most.
Boost Conversions With Crypto Icons and Pricing
In the premium version of NOWPayments for WooCommerce, you can displays crypto icons on your product pages and shop pages.
This simplifies the checkout experience for users and makes it more likely that users will convert if they want to pay using cryptocurrency. The icons look good (always a bonus!) and integrate with the design of your existing store.
How Much Does NOWPayments for WooCommerce Cost?
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There is a free version of the plugin available that lets you accept cryptocurrency, receive instant payments, and get access to 24/7 support (among other features). It has over 2,000 active installations and a constantly growing user-base.
Pricing for the premium version starts at $39.99 for a single-site license. The pricing scales up depending on how many sites you need to support. You can also save big by purchasing a lifetime license. If you want to walk back on your purchase, the developer offers a 14-day money-back guarantee, so you can try out the plugin to make sure it’s a good fit for your business.
In the future, the developer is also looking to add the ability to restrict certain products to only purchased via cryptocurrency, more specification over the order status, and the option to set a minimum checkout amount to qualify for a cryptocurrency purchase. As such, a premium purchase looks to give you more functionality in the future too.
Closing Thoughts: Is NOWPayments for WooCommerce Right for You?
Overall, NOWPayments for WooCommerce is a solid solution if you want to accept crypto payments. It’s very easy to set up and offers an intuitive interface for your users to pay with crypto. Plus, it supports 300+ different coins, so there’s a good chance your customers can pay with a method and coin they prefer.
While there’s no native solution in WooCommerce for crypto payments, this is about as close as you can get. Plus, the built-in analytics gives you insights into your payments and the types of coins your audience prefers to use.
What do you like about the NOWPayments for WooCommerce plugin? Share your thoughts and experience in the comments below!
