bitpay_240px.jpg

BitPay Checkout
M1

TOTAL:
$0.00

Compatibility

Magento Platform
Open Source (CE)
1.9.1, 1.9.2, 1.9.3, 1.9.4

Tech Specifications

Seller:
Integrator:
Current Version:
3.1.5
Type:
Stable Build
Updated:
01 April, 2020
Categories:
Extensions, Payments & Security, Checkout Enhancements, Payment Integration
License Type:
MIT License (MIT)
Policy:

Overview

The most secure and fastest way to accept cryptocurrency payments in your Magento store (BTC, BCH, etc) and receive settlements via Bank transfers (EUR, USD, GBP), Cryptocurrencies (BTC, BCH) or Stable Coins.

Other Extensions by BitPay Inc.

Overview

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BitPay Inc. is a privately owned company, headquartered in Atlanta  (USA), with offices in San Francisco (USA), Utrecht (NL) and Buenos  Aires (Arg). Bitpay Inc. is registered with FinCEN as a Money Services Business (MSB) and is the first standalone cryptocurrency payment processor to receive a BitLicense from New York Department of Financial services. BitPay has raised a total of over $70 million in capital and processed over $1 billion in cryptocurrency payments both in 2017 and 2018.

With this extension, you can accept cryptocurrency payments in your Magento Store with BitPay, gain new customers, and avoid the cost of high fees and chargebacks. From setup to settlement, BitPay makes accepting these payments easy. BitPay serves customers including Microsoft, Dish Network, Fancy, Newegg and HackerOne.

 

Account & Pricing

To use this extension, you need to signup for a BitPay business account here. The account is not created during extension installation. BitPay charges a 1% fee on successfully processed payment. There are no additional setup or subscription fees and the BitPay extension for Magento can be downloaded for free. For more information please visit our pricing page.

 

Features

  • Support all Bitcoin and Bitcoin Cash wallets that support Payment Protocol, by offering QR code scanning a clickable bitcoin URI
  • No volatility risk
  • Price in your local currency
  • Global daily settlements via Bank transfer (EUR, USD, GBP or any of the supported fiat currencies), cryptocurrencies (BTC, BCH) or stable coins (GUSD, USDC)
  • No chargebacks
  • Possibility to view payments and issue refunds in bitcoin or bitcoin cash via your BitPay merchant dashboard.
  • Since a bitcoin transaction does not contain any credit card or bank information, there is no need for PCI compliance

 

Get Started

Visit our website to get familiar with our services.

For the installation of the extension, please download the integration guide available on this page (under Tech Specification). You can start using the BitPay extension for Magento with the BitPay test environment. You can contact us directly if you have any questions about this extension for Magento 1. For any questions about transactions and settlements, feel free to have a look at our support FAQ and/or contact our support channel.

 

Customer Journey

  1. The customer is adding items to his shopping card and proceeds to checkout – the total amount is $100 USD.
  2. The customer selects BitPay as checkout method.
  3. A BitPay invoice is generated, the customer selects one of the  supported cryptocurrency to complete the payment. The invoice will display an amount to pay in the selected cryptocurrency, at an exchange rate locked for 15 minutes.
  4. The customer completes the payment using a compatible wallet within the 15 min window.
  5. Once the transaction is fully confirmed on the blockchain, BitPay  notifies the merchant and the corresponding amount is credited to the  BitPay merchant account minus our 1% processing fee – thus $99 USD in  this example.

Release Notes

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3.1.5:

  • Compatible with Open Source (CE) : 1.9.1 1.9.2 1.9.3 1.9.4
  • Stability: Stable Build
  • Description:

    Added cryptocurrency logos to checkout page

3.1.4:

  • Compatible with Open Source (CE) : 1.9.1 1.9.2 1.9.3 1.9.4
  • Stability: Stable Build
  • Description:

    Fixed issue with missing template file, synced version to GitHub

3.1.2:

  • Compatible with Open Source (CE) : 1.9.1 1.9.2 1.9.3 1.9.4
  • Stability: Stable Build
  • Description:

    Fixed issues with invoice ipns

3.1.1:

  • Compatible with Open Source (CE) : 1.9.1 1.9.2 1.9.3 1.9.4
  • Stability: Stable Build
  • Description:

    Changed speed setting so users can defined in BitPay dashboard

3.1.0:

  • Compatible with Open Source (CE) : 1.9.1 1.9.2 1.9.3 1.9.4
  • Stability: Stable Build
  • Description:

    IPN hotfix

3.0.7:

  • Compatible with Open Source (CE) : 1.9.1 1.9.2 1.9.3 1.9.4
  • Stability: Stable Build
  • Description:

    IPN will create Order Invoices when the blockchain status has been confirmed

3.0.6:

  • Compatible with Open Source (CE) : 1.9.1 1.9.2 1.9.3 1.9.4
  • Stability: Stable Build
  • Description:

    Fixed an issue where BitPay was overriding other checkout methods.

3.0.5:

  • Compatible with Open Source (CE) : 1.9.1 1.9.2 1.9.3 1.9.4
  • Stability: Stable Build
  • Description:

    Added guest-order lookup

3.0.4:

  • Compatible with Open Source (CE) : 1.9.1 1.9.2 1.9.3 1.9.4
  • Stability: Stable Build
  • Description:

    Added IPN mapping to admin section.

3.0.3:

  • Compatible with Open Source (CE) : 1.9.1 1.9.2 1.9.3 1.9.4
  • Stability: Stable Build
  • Description:

    Minor changes to IPN updates

3.0.0:

  • Compatible with Open Source (CE) : 1.9.1 1.9.2 1.9.3 1.9.4
  • Stability: Stable Build
  • Description:

    This extension is a newer and improved version of our BitPay Bitcoin Acceptance extension (https://marketplace.magento.com/bitpay-bitpay-core.html)

    If you are using BitPay Bitcoin Acceptance, please migrate to this version. You will only need to reconfigure your access tokens from your Dashboard to transition the payment settings.

Support

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The best place to start if you need help with a specific extension is to contact the developer. All Magento developers have both a contact email and a support email listed.

Q & A

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Reviews

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