Tech Specifications
Overview
Accept Bitcoin payments on your Magento store via CoinGate and receive payouts in Euros, U.S. Dollars or bitcoins.
Other Extensions by CoinGate
Overview
Back to topWhat is Bitcoin
Bitcoin is an innovative payment network and a new kind of money. It uses peer-to-peer technology to operate with no central authority or banks. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part.
This plugin allows Magento stores to accept Bitcoin payments through a Bitcoin payment processor CoinGate, which allows businesses to receive payments in euros and US dollars through the Bitcoin payment network, seamlessly connecting innovations of Bitcoin with comfort of familiar currencies and user-friendly interface.
There is 1.3% fee charged from the amount of each payment. There are no monthly, registration or support fees.
How Bitcoin Payments via CoinGate works
When a customer chooses Bitcoin payment option, a CoinGate invoice is generated, which displays the sum to be payed in bitcoins calculated in real-time by comparing bitcoin prices in several of the biggest bitcoin exchanges, a Bitcoin address and a QR code. The customer can either use a Bitcoin wallet on their smartphone to scan the QR code or use a Bitcoin wallet on their computer to pay for the invoice. The merchants can choose to receive their payments in Euros, US Dollars or Bitcoins.
Release Notes
Back to top1.0.1:
- Compatible with CE: 2.0 2.1
- Stability: Stable Build
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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.