Table of contents
How Altcoin Acceptance Works on BigCommerce
BigCommerce does not process crypto transactions directly out of the box, but it partners with leading third-party payment gateways to make this possible․ Through seamless single-click integrations, merchants can configure their digital storefronts to accept multiple forms of alternative currencies alongside traditional fiat payment methods․
The BitPay Partnership
One of the primary gateways powering altcoin transactions on the platform is BitPay․ This integration opens up significant opportunities for store owners․ By connecting a gateway like BitPay, merchants can accept a wide array of popular digital assets, expanding their checkout options significantly․
Supported cryptocurrencies and digital tokens typically include:
- Bitcoin (BTC)
- Ethereum (ETH)
- Dogecoin (DOGE)
- Bitcoin Cash (BCH)
- Shiba Inu (SHIB)
- Wrapped Bitcoin (WBTC)
- Litecoin (LTC)
- XRP (XRP)
- Major USD-pegged stablecoins like USDC and DAI
Benefits of Accepting Altcoins
Integrating alternative currencies into your online shop provides several distinct advantages:
- Target New Demographics: Attract tech-savvy shoppers who prefer spending digital assets․
- Lower Transaction Fees: Avoid high credit card interchange fees associated with traditional banking networks․
- Global Reach: Facilitate cross-border transactions instantly without dealing with legacy banking delays․
Considerations Before Implementation
While adding crypto checkouts is beneficial, merchants must carefully research gateway requirements․ Some services involve upfront application fees and strict verification protocols․ Always review the terms of service for any chosen gateway provider carefully․
