CoinGate Bitcoin & Altcoin Payments

CoinGate Bitcoin & Altcoin Payments
M1

TOTAL:
$0.00
Compatible With: Community 1.9, 1.9.1, 1.9.2, 1.9.3

Tech Specifications

Integrator:
Current Version:
1.0.7
Type:
Stable Build
Updated:
23 September, 2017
Categories:
Extensions, Payments & Security, Payment Integration
License Type:
MIT License (MIT)

Overview

Accept Bitcoin and Altcoin payments in your Magento store with CoinGate - automated cryptocurrency payment gateway. Get paid in EUR, USD or BTC.

Other Extensions by JSC "Virtualios Valiutos"

Overview

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Accept Bitcoin Payments and Altcoins in your Magento Store with CoinGate. The whole cryptocurrency industry has been growing at an exponential rate. Bitcoin has surpassed the market cap of $50 billion, whereas the combined value of cryptocurrencies is now well over $100 billion. Join the bandwagon and enable your customers to spend their coins at your store!

With a simple integration of the CoinGate Magento extension in your store's checkout, customers can pay for your goods and services with cryptocurrencies such as Bitcoin, Litecoin, Ethereum, Dash, and Ripple, among 50+ other Altcoins.

Using our fully automated payment processing and invoice system, online businesses enjoy hassle- and risk-free payments in Bitcoin and other digital currencies - Altcoins. CoinGate enables real-time conversion of cryptocurrencies to Euros or U.S. Dollars, and makes payouts directly to your bank account or PayPal, meaning that your are not facing any risk of price swings. Alternatively, store owners can choose to receive payouts in bitcoins without any verification procedures necessary.

CoinGate Bitcoin and Altcoin payment extension for Magento is free to download. There are no setup charges or subscription fees, and you are welcome to test the gateway free of charge. The only fee we have is a flat 1% rate of successfully processed payments - your customer pays 100 EUR, you receive 99 EUR (or equivalent in bitcoins). 

To be able to use the plugin you have to create at account on https://coingate.com

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Accept Bitcoin and Altcoins in Minutes with CoinGate Magento Extension!

Integration and configuration of our Magento module is very straightforward, and the payment gateway is fully automated - you will receive automatic payment confirmations and order status updates. To find out more about the benefits of Bitcoin for your business, as well as the solutions offered by CoinGate, check our our website.

Features

  • The gateway is fully automatic - set it and forget it.
  • Set your price in any currency - payment amount is calculated using real-time exchange rates.
  • Your customers can select to pay our invoices with Bitcoin, Litecoin, Ethereum, Dash, Ripple and 50+ other cryptocurrencies, while your payouts are in a single currency of your choice.
  • Sandbox environment for testing with Testnet Bitcoin.
  • Refunds for unsuccessful payments are issued directly from the invoice.
  • No chargebacks - guaranteed!

Pricing

  • 1% fee for processed orders.
  • Free payouts in Bitcoin, free EU SEPA transfers.
  • No setup or recurring fees.
  • No hidden charges to you or your customers.

API Functionality

How it works - example

  1. An item in the store costs 100 euro. A customer wants to buy the item and selects to pay with Bitcoin or Altcoins via CoinGate.
  2. An order is generated on your Magento store, and the customer is redirected to our payment page.
  3. The price on the invoice is calculated in real-time according to the current market rate - for example, 0.1 bitcoins.
  4. Using his Bitcoin wallet, the customer makes the payment, receives confirmation immediately, and is returned to your store.
  5. Once the invoice is paid, the merchant gets a notification and is credited 99 euro (100 euro minus our 1% flat fee), or 0.099 BTC. The payment is guaranteed and cannot be charged back.

Demo store integration

Installation Instructions

Text guide for installing the CoinGate extension for Magento: https://coingate.com/plugins/magento

Visual guide for installing the Bitcoin and Altcoin payment extension on your Magento store: https://blog.coingate.com/2017/05/install-magento-bitcoin-altcoins-plugin/

 

Release Notes

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1.0.7:

  • Compatible with CE: 1.9 1.9.1 1.9.2 1.9.3
  • Stability: Stable Build
  • Description:

    Stable version

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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