BitPay Checkout for WooCommerce vs Blink For WooCommerce

The most secure and fastest way to accept crypto payments. BitPay Payment Gateway plugin for WooCommerce Key features Accept cryptocurrency payments from your customers, such as Bitcoin, Ether, Ripple, Bitcoin Cash and USD stable coins. Price in your local currency. Get settled via Bank transfer (EUR, USD, GBP or any of the supported fiat currencies), BTC, BCH, XRP or USD stable coins (GUSD, USDC, BUSD, PAX) No chargebacks View all incoming payments and have the possibility to refund orders via your BitPay merchant dashboard Customer journey The customer is adding items to his shopping card and proceeds to checkout. Let’s say the total order amount is $100 USD as an example. The customer selects BitPay as checkout method. A BitPay invoice is generated, the customer selects one of the supported cryptocurrency to complete the payment. The invoice will display an amount to pay in the selected cryptocurrency, at an exchange rate locked for 15 minutes. The customer completes the payment using his cryptocurrency wallet within the 15 min window. Once the transaction is fully confirmed on the blockchain, BitPay notifies the merchant and the corresponding amount is credited to the BitPay merchant account minus our 1% processing fee – thus $99 USD in this example which will be paid out to the merchant’s bank account.

Blink For WooCommerce is a plugin that allows WooCommerce merchants to accept Bitcoin payments through the Lightning Network using Blink. Key features of Blink For WooCommerce include: Instant Payments: Leveraging the Lightning Network, Blink ensures that Bitcoin payments are processed instantly, providing a smooth checkout experience for customers. Low Transaction Fees: Enjoy significantly lower transaction fees compared to traditional payment methods, helping you save on processing costs. Stablesats Integration: Offers the ability to receive payments in Bitcoin while maintaining a stable value pegged to the US Dollar, reducing volatility risks. Easy Integration: Simple setup and configuration within WooCommerce, allowing you to start accepting Bitcoin payments quickly and easily. For more information please visit Plugin Repository. Important Notice This plugin relies on third-party APIs to function correctly. Specifically, it interacts with the following endpoints: Blink API: Used for processing payments through the Blink wallet. Service URL: https://api.blink.sv/graphql Terms of Use: Blink Terms of Use Privacy Policy: Blink Privacy Policy Galoy API (Staging Environment): Used during development and testing phases. Service URL: https://api.staging.galoy.io/graphql Terms of Use: Galoy Terms of Use Privacy Policy: Galoy Privacy Policy Please review these links to ensure that you are compliant with all legal requirements related to data transmission and usage. Additional Information For more details and support, visit Blink.