Start accepting cryptocurrency as a payment method if you are using OpenCart or Prestashop

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Enabling e-commerce with the best available solutions for accepting cryptocurrency payments is essential these days, and with the boom in the market, the interest of businesses and individuals in cryptocurrency has reached new heights.

First of all, whether you are an ecommerce merchant thinking about the cryptocurrency market or you are convinced about the concept of crypto payments and are looking for how to accept them in your online store, it is essential. to stay on top of how this trend is developing.

Knowing that it is e-commerce that has brought and will continue to push cryptocurrencies into the mainstream.

People are currently using a variety of e-commerce development platforms, the most popular of which are “OpenCart” and “Prestashop” which are used by majority of people and businesses.

So, before we see how to accept cryptocurrency on “OpenCart” and “Prestashop”, let’s take a look at the benefits ecommerce can get from cryptocurrencies.

Benefits of cryptocurrency over e-commerce

Instant payments: While traditional transactions can be time consuming, blockchain technology enables faster, more direct transactions that can help simplify your business’ cash flow.

For customers, the fast processing of cryptocurrencies means that items can be sent instantly – ideal to meet the growing demand from buyers for speedy delivery.

Growth: Accepting crypto transactions can expand your target market and lead to an increase in the number of new consumer visits.

Additionally, there are benefits for businesses trying to expand internationally, as cryptocurrencies can make international transactions easier, cheaper, and faster.

Better protection: Due to their sophisticated encryption, cryptocurrencies are extremely difficult to steal and counterfeit, reducing the risk of fraud in digital transactions.

Reasonable costs: Third-party service fees are drastically reduced for several cryptocurrencies, which is great news for e-commerce retailers and the additional transaction fees they frequently incur for credit cards and other payment methods.

Reducing transaction costs can help increase the profitability of your organization.

Accept cryptocurrency payments on OpenCart and Prestashop

If you want to accept cryptocurrency payments on OpenCart or Prestashop, you have two options:

Personal Wallet: This option allows you to receive payments directly into your digital wallet.

Third-party payment processors: in this case, third-party services such as
CoinRemitter, CoinPayments and NOWPayments manage transactions on your behalf. All of the listed payment processors have their own set of fees, functions, and number of supported cryptocurrencies.

When using a Crypto payment gateway, there are no definitive guidelines to follow. It works the same as traditional payment gateways. The only significant difference is that crypto payment gateways only help to accept cryptocurrencies.

If you are using OpenCart or Prestashop, you can accept cryptocurrency by integrating their payment gateway plugins. Among which, CoinRemitter provides free
open source crypto gateway plugins for OpenCart, Prestashop and others

CoinRemitter includes real-time billing and payment settlement features, making it ideal for any e-commerce business. It also has the lowest price structure compared to others.

Since its plugins are open source, if you want to make any specific changes or improvements, especially for your ecommerce, you can easily do so. Once integrated, you will be able to accept cryptos like Bitcoin, Ethereum, Litecoin and others as a payment method easily, securely and quickly.

Final remark

Cryptocurrency could be the solution for online merchants trying to increase their market share while providing their consumers with a faster and more convenient option to pay for goods and services.

While some people fear the widespread adoption of cryptocurrency and the influence it can have on e-commerce, signals from across the retail industry indicate growing acceptance and use.

So, if you are using OpenCart or Prestashop as your e-commerce platform, you should be able to accept crypto payments quickly and easily using third-party payment processors without additional setup fees.

Whether or not you are convinced of the idea of ​​receiving crypto payments on your e-commerce site, staying on top of the latest cryptocurrency developments means that you will be able to quickly change your e-commerce strategy and stay ahead of the curve. competition!


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