Magento 2 Coinqvest Crypto Payments
Magento 2 Coinqvest Crypto Payments integrates Magento 2 store with Coinqvest crypto payment processor to allow customers to make payments with digital currencies during the checkout.
- Accept cryptocurrency payments in Magento 2 store
- Hosted payments for security
The payment processing system is revolutionizing, and the online stores have to move ahead faster to stand in the market. Modern customers prefer to pay using their virtual assets such as Bitcoin which allows the wealth transfer without going to a bank.
It is not a surprise to see that both the store owners and customers are preferring cryptocurrency payments, as a cheaper and more efficient payment solution. Hence, Meetanshi has developed the Magento 2 Coinqvest Crypto Payments extension for Magento 2 stores to integrate with Coinqvest to accept cryptocurrency payments.
Coinqvest is an enterprise cryptocurrency payment processor that allows accepting payments in digital currencies such as Bitcoin, Ethereum, Litecoin, or Stellar Lumens. Integrating this payment method with Magento 2 store allows the customers to pay by cryptocurrency.
The list of fiat currencies supported by the COINQVEST payment gateways and used as a settlement currency and during withdrawals is:
- Brazilian Real
- Canadian Dollar
- US Dollar
The merchants can leverage these benefits with the extension:
- Easy and compliant billing
- Access the transaction history record
- Automatically convert sales into your favorite currency
- Instant withdrawals
- Real-Time Conversion
- Compliant accounting
The Magento 2 Coinqvest crypto payment processing uses the hosted checkout method where no card details are entered or stores in the Magento 2 store. With the easy integration, get started with the cryptocurrency payment system to leverage the below-mentioned benefits of the module!
Benefits of choosing Meetanshi's Magento 2 Coinqvest Crypto Payments extension:
- Offers digital currency checkouts in Magento 2 store that automatically go from Bitcoin to your bank account.
- Allow customers to pay with cryptocurrency easily and securely.
- The admin can set a custom title for the payment method.
- Option to enable the display of the payment method logo at the checkout.
- Easy integration of Coinqvest with Magento 2 store using the API key and API secret.
- Option to choose the settlement currency.
- Option to enable the auto invoice.
- Allow selected countries to use the Coinqvest crypto payment method.
- Display additional information at the checkout along with the payment method.
- When the customers opt for this payment method and click on the "Continue to Payment" button, they are redirected to the hosted page of Coinqvest payment method.
- On this page, they have to select the payment method, for example, Stellar, and then click "Get Deposit Address"
- After making the payments using cryptocurrency, the customers have to click "I made the payment" button.
- On the Stellar account dashboard, the user can click "Send" to make the payment, enter the deposit address, Stellar memo, and the amount to be sent.
- Once confirmed and sent, the payment success message is displayed on Stellar with the "OK" button to get redirected back to the Coinqvest's hosted payment page with the payment success status. On this page, there is also a button to return back to the merchant's site, i.e., Magento 2 store.
- On clicking it, the customers can check the Coinqvest payment details in their "My Account" section and the admin can check it in the Sales > Order View section in the backend
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09 Nov, 2020
- Compatible with Magento 2.4 and Minor bug fixes.