Key takeaways
Binance Pay is a secure, limitless and contactless payment system.
The WooCommerce Binance Pay plugin is now available for all WordPress stores and allows merchants to accept over 70 cryptocurrencies as payment methods.
More than 40% of websites around the world are based on the WordPress system: thanks to our plugin, a gigantic number of e-commerce sites, from local artisans to international distributors, will now be able to easily accept crypto payments and expand their customer base.
Learn how the WooCommerce Binance Pay plugin for WordPress online stores allows merchants to accept crypto payments, expand their customer base, and reduce transaction fees.
Online sales continue to evolve and grow, and businesses are constantly looking for new ways to provide a seamless shopping experience for their customers. The possibility of choosing cryptos as a payment method is one of the innovations of e-commerce platforms.
WooCommerce's Binance Pay plugin is now available for all WordPress stores and allows merchants to accept over 70 cryptocurrencies as payment methods, opening up a whole new world of possibilities. This article discusses the benefits of Binance Pay and will guide you in integrating the plugin into your WordPress store.
What is Binance Pay?
Binance Pay is a secure, limitless and contactless crypto payment system available on the Binance app. It allows users and merchants to send and receive crypto payments worldwide without additional processing fees.
Binance Pay thus helps businesses expand their customer base, but also reduce transaction fees. It is a convenient and secure method for individuals and businesses to transact using digital currencies.
What is WooCommerce?
WooCommerce is a free and open source online shopping plugin specifically designed for the popular WordPress content management system. It allows businesses to create, customize and manage online stores directly on their WordPress websites.
Widely recognized for its flexibility and intuitive interface, WooCommerce has become one of the most used online shopping platforms in the world. It offers various themes and plugins aimed at personalizing and expanding the functionality of online stores to help businesses deliver unique and personalized shopping experiences.
The Benefits of Binance Pay WooCommerce Plugin
Millions of businesses use WooCommerce, the open-source e-commerce platform built on WordPress, to manage their online orders. In fact, 25% of the largest online stores around the world have adopted WooCommerce to establish their online shopping platform.
Here are the main benefits of integrating Binance Pay with your WooCommerce store:
Reach a broader customer base: By accepting cryptocurrencies as payment methods, you will serve a growing market of passionate crypto buyers who are abandoning traditional payment methods in favor of digital currencies.
Reduce transaction fees: Binance Pay allows merchants to receive payments without charging additional processing fees associated with using cryptocurrencies.
Strengthen security: Binance Pay provides merchants and customers with a secure and reliable payment solution to complete transactions securely.
Provide a seamless shopping experience: Integrating Binance Pay into your WooCommerce store allows you to set up an intuitive and seamless checkout process for internet users who want to pay with their cryptos.
How to integrate WooCommerce Binance Pay plugin?
Easily and quickly integrate the Binance Pay plugin into your WooCommerce store today! To do this, follow this detailed guide:
Step 1: Register on Binance Pay as a Trader
To take advantage of the Binance Pay plugin, you need to create a merchant account on Binance Pay and complete KYC (Know your Customer) and KYB (Know your Business) verifications.
Step 2: Install the plugin
To install the Binance Pay plugin, navigate to the Plugins section of your WordPress dashboard. Then click [Add New], search for [Binance Pay for WooCommerce from Binance], and install the plugin.
Step 3: Activate and configure the plugin
Once the plugin is installed, activate it by clicking the [Activate] button. You will then need to configure it: to do this, select [WooCommerce] from the WordPress admin menu on the left of the screen, then [Settings] > [Payments]. Under [Method], check the [Enabled] box next to Binance Pay. Select [Manage] next to the Binance Pay plugin and enter your API credentials.
Step 4: Make it available to people
At the end of the setup, your WooCommerce store will be able to accept cryptocurrency payments through Binance Pay. To learn more about integrating Binance Pay with your WooCommerce store, check out the official Binance Pay merchant documentation here.
Binance Pay is designed for everyone
Binance Pay continues to introduce new options and expand its reach. With the ever-increasing number of traders joining the program, crypto enthusiasts will have more and more opportunities to spend their assets on everyday purchases. Additionally, the most forward-thinking traders will be able to take advantage of Binance Pay’s customer base of over 22 million people.
The Binance Pay plugin is the ideal solution for online store owners looking to accept cryptocurrencies and expand their customer base. By integrating Binance Pay into your WooCommerce store, you will be able to offer your customers a seamless shopping experience with reduced transaction fees and increased security.
The e-commerce industry is booming, and the world is increasingly accepting digital currencies: integrate the Binance Pay plugin into your WordPress/WooCommerce store to stay ahead of your competitors and access new opportunities for development and commercial success in the constantly evolving digital marketplace.
For more information
Merchant onboarding on Binance Pay
Binance Pay x WooCommerce: getting started
Send and receive crypto payments
Trade anywhere with the Binance mobile crypto trading app (iOS/Android)
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