Integrating a Bitcoin payment button into your website enables you to accept Bitcoin payments, and improves your transaction experience while simultaneously growing your customer base.
Proceeding text will try to provide answers to the following questions:
- What is Bitcoin, and why do merchants nowadays opt for bitcoin transactions?
- What is a Bitcoin payment button?
- What are the benefits of the Bitcoin payment button?
Bitcoin (BTC) is a form of alternative payment digital currency. BTC is a decentralized exchange medium, meaning that it operates in real-time independently of any third-party authority -just like a virtual cash payment. As a result, the settlement between merchant and customer is secure, direct, instant, and effortless.
Since there are no financial intermediaries, there aren’t any extra fees or chargebacks like credit card use. Bitcoin is also not affected by foreign currency exchange rates either. In addition, bitcoin transactions do not require verification of your identity or an address, thus ensuring anonymity. The only thing you will need to send and receive Bitcoin is a digital wallet.
A digital wallet is a program that stores cryptogenic information about your digital currencies addresses and all of your transactions while allowing you to accept, hold, or sell them without limit.
The bitcoin button is a simple custom-built checkout link, designed similarly to conventional online payment buttons, except it allows receiving payment in Bitcoin digital currency. After each successful transaction, your bitcoin payment will be safely stored inside your digital wallet. Besides, providing the BTC payment option benefits your business in many ways. For example, it can expand your client base and increase your customer satisfaction. Furthermore, integrating the BTC as part of your company’s payment system benefits your exposure and makes your products or services cutting edge among the industry’s competition. Finally, having multiple payments and currency options expands your own experience range and boosts your confidence as a business owner.
The Bitcoin payment button setting doesn’t require integration of the payment gateway. It lets you skip lengthy payment processing time and offers a personalized checkout experience, regardless of whether you are selling a product, service, or receiving a
donation. In addition, the setup process is safe, quick, and easy, and it doesn’t require any complex technical coding skills besides copying and pasting.
For example, you may design your unique payment button’s features, such as adding a slider, changing the color palette, or you can simply set the upper and lower payment thresholds. Furthermore, it is effortless to share your BTC payment button URL address and choose which pieces of information you want a customer to disclose before finalizing the bitcoin transaction, allowing you to collect only the relevant data that matters to you most.
Finally, it ensures contactless and secure transactions from any location as long as you have an internet connection. The only thing you need to do is choose between the multiple website creators and make an account so that you can easily generate a bitcoin payment in no time.
How to make the BTC payment button in ten easy steps?
Nowadays, many website creators are available, but the basic BTC payment button creation and setup process essentially remains the same and minimally differs regardless of the website.
Step 1. First, create an account by following the instructions on a Sign-Up page.
Step 2. Activate your account.
Step 3. Log into your account on a dashboard.
Step 4. Choose and click on the ‘Payment Button.’
Step 5. Wait until you are redirected to your bitcoin wallet address.
Step 6. Once inside your bitcoin ‘Wallet’ section, enter your private key.
Step 7. Click on the ‘Product’ page and enter your product’s name and description.
Step 8. Choose the ‘Customer Field’ menu and fill out the details
Step 9. Click the ‘Save’ button option.
Step 10. Finally, click the ‘Generate Button.’
How to add the Bitcoin payment button to a website in 10 steps?
Once you have generated a Bitcoin payment button, an HTML code should appear.
Step 1. Under the ‘Step 1’section, select and click the ‘Copy code’ button to save the source code to your clipboard.
Step 2. Open your website and log into your admin panel.
Step 3. Open the page exactly where you wish to add your ‘Bitcoin payment button.’
Step 4. Paste the code.
Step 5. Go back to the ‘Step 2’ section
Step 6. Highlight and then click the ‘Copy code’ button to save the piece of code to the clipboard
Step 7. Go back to your website page where the ‘Bitcoin payment button’ is
Step 8. Scroll all the way to the bottom of the page
Step 9. Paste the script code.
Step 10. Finally, check if your new payment button appears on the page.
Congratulations! You did an amazing job, and now you can safely accept your Bitcoin payments. You may also turn on notifications to easily track your orders as well as gather additional information about your customers’ shopping cart conversion rate. Also, do not forget to set up an alert button while waiting on the payment. In this way, you will receive a notification via email each time your BTC transaction goes through!