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This extension is in our Payment category. Please remember that it is the merchant’s responsibility to ensure the proper PCI compliance level of their store, as applicable by PCI regulations. The PCI Self-Assessment is one tool you can use when evaluating Payment extensions and how they may affect your PCI compliance level. For more information on Marketplace policies, please review the Marketplace Terms & Conditions.
This is an Integration with a Third Party Service. Other charges and fees may be required to use this extension on your Store
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Overview
Back to topAccept cryptocurrency payments in your Magento 2 store with CoinGate - our fully automated payment processing and invoice system makes it easy, convenient, and risk-free for you and your customers. With a simple installation of the CoinGate Magento 2 extension in your store's checkout, customers can pay for your goods and services with cryptocurrencies like Bitcoin, Litecoin, Ethereum, Dogecoin, and XRP, among 70+ other altcoins.
With CoinGate’s Magento 2 plugin, merchants can also receive real-time settlements of cryptocurrencies in Euros or USD - payouts are made directly to your bank account. This way, businesses are not exposed to price volatility risk and can enjoy fixed payouts no matter the cryptocurrency’s price.
Alternatively, store owners can choose to receive payouts in cryptocurrency as well.
Account & Pricing
- To use a plugin, a business is required to create a business account and pass the verification.
- 1% payment processing fee is applied for the completed transactions your customers make. Pricing is listed here.
Features:
- The gateway is fully automatic – set it and forget it.
- Receive automatic payment confirmations and order status updates.
- Set your prices in any local fiat currency, and the payment amount in cryptocurrency will be calculated using real-time exchange rates.
- Customize the invoice – disable/enable cryptocurrencies, change their position on the invoice, and more.
- Select the settlement currencies and payout options for each crypto-asset;
- Use a sandbox environment for testing with Testnet Bitcoin.
- No setup or recurring fees.
- No chargebacks – guaranteed!
Functionality:
- Extend invoice expiration time up to 24 hours (if pay and receive currency is the same).
- Accept slight underpayments automatically.
- Refunds can be issued directly from the invoice and without the involvement of the seller.
How it works - an example:
- An item in the store costs 100 euro.
- A customer wants to buy the item and selects to pay with Bitcoin.
- An invoice is generated and, according to the current exchange rate, the price is 50,000 euro per bitcoin, so the customer has to pay 0.002 bitcoins.
- Once the invoice is paid, the merchant receives 99 euro (100 euro minus our 1 % flat fee), or 0.00198 BTC.
If you’re having trouble installing the plugin, check our blog for a more in-depth description at https://blog.coingate.com/2020/06/magento-2-plugin-accept-bitcoin/
To use a plugin, a business is required to pass the verification.
Any questions? Write to our support team at support@coingate.com
Security:
- PCI compliance does not apply to cryptocurrency companies as we don't work with credit card processing.
- For payment, customer are redirected to a service where he can pay with cryptocurrency and PCI compliance does not apply to cryptocurrency companies as we don't work with credit card processing. The API is used to confirm whether the payment went through and the order was transferred to the desired status.
- The customer is not entering billing data as cryptocurrencies do not require it.
- SAQ levels do not apply to cryptocurrency payment processing.
- No data is being entered on the Magento server.
- No data is being stored on the Magento server.
Installation via Composer
You can install Magento 2 CoinGate plugin via
Composer
. Run the following command in your terminal:
1. Go to your Magento 2 root folder.
2. Enter the following commands to install the plugin and wait while dependencies are updated:
composer require coingate/magento2-plugin
3. Enter the following commands to enable the plugin:
php bin/magento module:enable CoinGate_Merchant - -clear-static-content
php bin/magento setup:upgrade
4. Enable and configure CoinGate plugin in Magento Admin under
Stores / Configuration / Sales / Payment Methods / Bitcoin via CoinGate.
Technical Specifications
Back to topSeller profile
Seller contact
Integrator
Current Version
1.3.2
Adobe Commerce platform compatibility
Open Source (CE): 2.4 (current), 2.0 (obsolete), 2.1 (obsolete), 2.2 (obsolete), 2.3 (obsolete)
Commerce on prem (EE): 2.4 (current)
Commerce on Cloud (ECE): 2.4 (current)
Type
Stable Build
Updated
23 January, 2023
Categories
Extensions, Payments & Security
Supported Browsers
Chrome, Firefox, Opera, Safari, Edge
Quality Report
Back to topAll tests were conducted on the latest versions of Adobe Commerce that existed for the compatible release lines at the moment of the extension submission. Latest versions of all other software were used, as applicable.
Release Notes
Back to top1.3.2:
- Compatible with Open Source (CE) : 2.3 2.4
- Compatible with Commerce on prem (EE) : 2.4
- Compatible with Commerce on Cloud (ECE) : 2.4
- Stability: Stable Build
-
Description:
Resolve issue with type of hash
1.3.1:
- Compatible with Open Source (CE) : 2.3 2.4
- Compatible with Commerce on prem (EE) : 2.4
- Compatible with Commerce on Cloud (ECE) : 2.4
- Stability: Stable Build
-
Description:
Added the ability to use with Magento 2.4.*. Fixed critical bugs.
1.2.6:
- Compatible with Open Source (CE) : 2.2 2.3
- Stability: Stable Build
-
Description:
Improves version compatibility
1.2.5:
- Compatible with Open Source (CE) : 2.0 2.1 2.2 2.3
- Stability: Stable Build
-
Description:
Restocks items after 'expired' callback
1.2.4:
- Compatible with Open Source (CE) : 2.0 2.1 2.2 2.3
- Stability: Stable Build
-
Description:
Fixes occasional bug when canceling the order in CoinGate gateway
1.2.1:
- Compatible with Open Source (CE) : 2.0 2.1 2.2 2.3
- Stability: Stable Build
-
Description:
Added USDT currency
API authorization validation
Added do not convert option
Adapt Magento 2 plugin for CoinGate API v2
1.0.4:
- Compatible with Open Source (CE) : 2.0 2.1
- Stability: Stable Build
-
Description:
Magento 2 CoinGate Plugin
CoinGate bitcoin payment gateway Magento 2 plugin.
You can sign up for CoinGate account at https://coingate.com for production and https://sandbox.coingate.com for testing (sandbox) environment.
Install via Composer
You can install Magento 2 CoinGate plugin via Composer. Run the following command in your terminal:
Go to your Magento 2 root folder.
Enter following commands to install plugin:
composer require coingate/magento2-plugin
Wait while dependencies are updated.
Enter following commands to enable plugin:
php bin/magento module:enable CoinGate_Merchant --clear-static-content
php bin/magento setup:upgrade
Enable and configure CoinGate plugin in Magento Admin under Stores / Configuration / Payment Methods / CoinGate.
Support
Back to topThe best place to start if you need help with a specific extension is to contact the developer. All Adobe Commerce developers have both a contact email and a support email listed.
Contact Vendor