Nowadays, the trend of cryptocurrency payments has risen dramatically. It may be dramatic, but not surprising. There are certain reasons (or, let’s say, advantages) for choosing crypto payments. For example, TradFi institutions are struggling to go toe to toe with the rapidly evolving landscape of digital currencies. The fanbase of cryptocurrency payments has always loved the legendary efficiency and robust security.
While the world is yet to normalize such a futuristic method, we can see the escalating trend of cryptocurrency payments among merchants, which can be seen in the stats. According to a report by Grand View Research, the market of cryptocurrency payment apps can rise by 16.6% CAGR (Compound Annual Growth Rate). Moreover, there is no doubt that this trend is going to benefit merchants. There’s nothing new in the bunch of advantages of crypto payments, let’s come to the point.
A Brief Introduction to Cryptocurrency Payment Plugins
Cryptocurrency plugins simplify the process of accepting cryptocurrency payments for merchants. In simple words, plugins are pieces of software that help websites and applications extend their features or functionalities. They serve a pre-defined purpose. Distinct platforms typically offer them as downloadable packages that a user can easily install and activate within the main software application. Plugins that enable the platform to process crypto transactions can be described as cryptocurrency payment plugins.
Utilization of Coinremitter Plugins
Like other popular crypto payment gateways, Coinremitter also offers plugins that can easily integrate into websites to accept crypto payments. Platforms that support Coinremitter plugins are WordPress (WooCommerce), Magento2, OpenCart, PrestaShop, Laravel, PHP, and Node.js. Coinremitter’s crypto plugins can be useful for making crypto transactions on the websites based on them.
Advantages of Coinremitter Plugins
- Time-saving tech: Plugins help save time, as do Coinremitter’s ones. Let’s say you’re developing a WordPress-based website and willing to add crypto payment functionality to it. Developing a crypto payment gateway into the website may be complex as well as time-consuming, but you can just add this feature to your WordPress-based website by installing Coinremitter’s WordPress eCommerce plugin. Like this, Coinremitter offers a variety of plugins that are free of cost. They can save you time and make your platform futuristic with the ultimate functionality of crypto payments.
- Open-source: Coinremitter’s plugins are open-source. It means they just don’t work as add-ons, but with the help of skilled developers, you can make required modifications to these plugins. They allow you to make customizations that can match your website.
- Reliable: Coinremitter’s crypto plugins are keen to be reliable to merchants. Their bug-free approach has been widely appreciated by merchants. On the other hand, Coinremitter charges nothing for installing and using plugins. They can be directly installed, whether from GitHub or respective marketplaces.
Why Coinremitter?
Some common yet effective advantages: As a crypto payment gateway, Coinremitter brings excessive advantages to merchants, such as the lowest processing fee in the market, KYC-free registrations, crypto transactions without adding bank accounts, support, security, invoice generation services, auto-withdrawals, and exclusive gas station services.
Progressive iterations: Team Coinremitter is on a mission to improve the user experience as well as add functionalities to fulfill the requirements of the majority of merchants. After 2021, Coinremitter added three more cryptocurrencies: Tron, USDT-TRC20, Monero, the gas station, and a futuristic plugin for Node.js-based websites. Also, it will bring back the crypto-swapping functionality soon.
Step into the Future
The installation of crypto plugins simplifies the process of accepting cryptocurrency payments on a website by eliminating the need for complex coding. Merchants can easily integrate them to add the ‘pay in crypto’ option to their existing crypto-payment system. By adding this option, you can unlock countless advantages of this revolutionary payment method. Here are some benefits of cryptocurrency payments:
- Prevention from inflation
- Decentralization
- Smooth and easy exchanges
- Enhanced security and privacy
- No fraudulent chargebacks
Being worried isn’t an option in this case, as you’ll be directly stepping into the future by adopting this method. Faster, cheaper, and more secure transactions over the conventional payment method have helped crypto payments emerge widely. Seeing the numbers, the future is going to be interesting.
In early 2023, the world witnessed a whopping 5000% rise in the utilization of crypto wallets in five years. This shows that the world is overcoming the limitations of crypto payments by grabbing the opportunities to gain advantages. Also, one cannot deny the possibility of explosions, which can cause some unbelievable ROIs. So, adopting this method can be a futuristic approach for businesses.
Conclusion
Growing your enterprise worldwide is the most reliable way of creating a wider customer base, which becomes easier by accepting crypto payments. Cryptocurrencies let you reach a worldwide audience easily. Consumers are going to welcome the decentralized solution rather than facing the hassle of centralized payments, especially for international transactions. Going with Coinremitter’s plugins can be the easiest way to start accepting cryptocurrency payments.
