Magento 2 e-commerce stores can accept cryptocurrency as a payment
Online PR News – 20-August-2021 – Amsterdam – NOWPayments allows online businesses using the Magento 2 platform to accept cryptocurrency payments. Magento 2 is one of the most popular e-commerce platforms in the world, written in PHP. The platform handles over $155 billion in total volume of goods sold annually. It is one of the most used CMS for creating online shops worldwide due to its powerful scalable architecture. Owned by Adobe since 2018, Magento 2 is an open-source platform but has a premium version as well. The partnership with NOWPayments allows Magento 2 shop owners to accept over 100 cryptocurrencies as payments.
“Magento 2 is one of the best e-commerce platforms out there, and the cryptocurrency option diversifies the payment options for merchants,” says Kate Lifshits, Senior Marketing Manager at NOWPayments.
There are quite a few benefits of accepting crypto via Magento 2 plugin:
- Fast, private and secure transactions
- A very simple flow compared to credit cards or Paypal
- Low transaction fees
- Appealing to a new target group—tech-savvy customers
- Upgrading the store with a new type of payment
The Magento 2 plugin (https://nowpayments.io/magento-2-plugin) is available right now. For more information on the Magento 2 crypto plugin, see how to accept crypto payments (https://nowpayments.io/payment-tools) using it.
NOWPayments is a non-custodial crypto payment gateway that lets you accept crypto payments (https://nowpayments.io/supported-coins) in 100+ cryptocurrencies. There is an auto coin conversion available which means that it doesn’t matter what crypto customers pay with as merchants can choose to accept the coins they prefer. NOWPayments will convert them automatically.
NOWPayments also supports fiat conversion, as well as offers crypto donation tools and a mass payout solution.
The platform provides merchants with a variety of tools: API, invoices, donation widget, buttons, as well as plugins for WooCommerce, ZenCart, PrestaShop, Opencart, WHMCS, Magento 2 and others.