Bitcoin Exchange


With Bitcoin Exchange, you can easily accept Bitcoin payments from your customers worldwide. Once they place an order, you will receive an email confirmation that a Bitcoin order was received.

NOTE: In order for this extension to work properly, you'll need to sign up with Coinbase.

This extension does not connect directly to Coinbase. When there's a new order, you'll need to log in to your Coinbase account and manually generate an invoice for the customer. Invoice creation is a very simple process and it's explained in the Extension Admin.

Coinbase automatically converts the selected currency to bitcoin and emails your customer so they can pay using their digital wallet!

If you choose to keep the funds in Bitcoin, settlements are FREE of charge. Compared to credit card fees, Coinbase offers a much lower rate (1% only) to convert Bitcoin to your local currency and deposit the funds to your bank account! Payouts are initiated daily - you will receive cash in your bank account in 2-3 business days. Another advantage of accepting Bitcoin is the elimination of chargebacks and potential fraud!

Trusted by 45,000+ businesses worldwide (including giants Dell, Intuit, and Expedia), Coinbase is more than just a Bitcoin payment processor. From your merchant dashboard, you can easily buy and sell Bitcoin online. Several payment methods are available including Credit Card, Bank Transfer, Paypal, or you may simply use your Coinbase Digital Wallet (a nice freebie)!

Find out if Coinbase is available in your country.

NOTE: When signing up for Coinbase, make sure to select the "Merchant" option. If you sign up as an "Individual", you won't be able to accept Bitcoin payments from your customers, in which case you would need to open a new account.

Besides invoicing, merchants have the option to create Pay/Donation buttons on the dashboard, then simply copy and paste the html code in their AbanteCart store, thus making it easier for their customers to pay in real time. This, however, would require generating a unique code for each and every item in the store and is not currently supported by this extension.

Bitcoin Exchange is available in English and Spanish. Compatible with AbanteCart 1.2.0 and higher.

In this video, Coinbase co-founder Fred Ehrsam talks about their Bitcoin wallet, exchange, and merchant solution.





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Single Installation License

$30.00

Single installation, is for use by single site or one copy of application using this extension

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   Details

Extension ID: bitcoin_exchange
Extension Latest Version: 1.0.2
AbanteCart Version: 1.2
Created: Feb 25, 2017
Last updated: Feb 27, 2017