CryptoWoo is yet another innovative product that is attempting to make it easier to transact in crypto coins. Through CryptoWoo, merchants are able to accept Litecoin, Bitcoin, and Dogecoin via their WooCommerce store. With it, merchants will have better control of the checkout process, their private keys, and the customer data.
The CryptoWoo HD Wallet cannot only be used to receive payments for each sore directly to a HD wallet, but it also adds BlackCoin to currencies. These can be accepted without the need for an intermediary.
There is also the CryptoWoo Dash add-on, which enables you to get Dash payments directly using CryptoWoo to the HD wallet. If you wish to process payment, you can connect the store to a dash Insight API or the Blockcypher API. For you to use the Dash add-on, you will need both the CryptoWoo plugin and the HD Wallet.
With CryptoWoo, you only have to pay the annual fee, which is used for updates and support. Depending on the volume of trade on your store, you might require a paid account at Block.io or BlockCypher.com.
Besides that, some of the features offered are only available to paid accounts. To learn which features are supported by CryptoWoo, you need to get in touch with them. Besides that, you will need to visit the site of the provider to find out if there are any charges. If you expect to get large volumes of sales, you can connect CryptoWoo to your own Insight API for payment processing.
Are there Automatic Currency Conversions?
There is no currency conversion service on CryptoWoo. The benefit of this is that there is no cut take on your earnings. Besides that, it ensures that you will have more control over the checkout process as well as customer data and your own data. This is especially loved by merchants who want to hold their earnings in digital currencies. You can use the Block.io forwarding address to forward all your sales to an address of your choice.
Requirements for Using CryptoWoo
To access CryptoWoo, you will need to have WooCommerce, the e-commerce plugin installed on the WordPress blog you own. To use the plugin, you will need to have at least PHP Version 5.6 with extensions GMP, mCrypt and cURL installed. CyrptoWoo has a requirement Check plugin that can help to determine when your server is compatible with CryptoWoo.
Can You Run a Store that Accepts Only Digital Coins?
In fact, CryptoWoo is designed specifically for merchants that want to accrue digital coins. For the best choice of preferred exchanges, price all the products on the store in USD and disable all other forms of payment. CryptoWoo will keep track of the value of the coins in the exchanges and price your goods accordingly.
Does CryptoWoo Offer Support for Development of Customer Features?
If this is something that you desire, you only need to get in touch with the support team. You can discuss with them about the features you would like to be included.