Accept Lightning and Bitcoin on Shopify
Here’s how you can accept Lightning and Bitcoin payments in your Shopify store. In this article, we will explain how to offer your customers the possibility to pay with Lightning and Bitcoin in your Shopify store. We show which Bitcoin payment providers support integration with Shopify and how Coincharge can integrate Bitcoin payments with your Shopify store.
This is how you can accept Bitcoin payments in an internet store created with Shopify.
Shopify is one of the most popular e-commerce platforms in the world and is used by more than one million businesses in over 175 countries.
Numerous Bitcoin payment providers provide payment modules for Shopify to enable payment processing with cryptocurrencies.
Those who want to accept Bitcoin payments in their Shopify thus have almost free choice.
Integrate Bitcoin and Lightning payments in Shopify
Coincharge integrates Bitcoin payments into your Shopify web store, so your customers can pay you with Bitcoin and Lightning. If you want to keep the Bitcoins, using a BTCpay server is the first choice. You can either run your own BTCpay server or share Coincharge’s BTCpay server. If you would rather receive the purchase amount in Euros to your bank account instead of Bitcoin, Bitcoin payment providers such as Opennode, Coinbase or Coinpayments are available to you.
No matter which provider you choose, we at Coincharge can handle the integration with your Shopify store for you.
Here’s how you can hire Coincharge to integrate Bitcoin and Lightning into your Shopify store: https://coincharge.io/en/produkt/bitcoin-and-lightning-payment-for-shopify/
After placing the order we need the following information from you:
- Set up admin access on your Shopify store for the user email@example.com. Make sure that the admin rights also include installing apps.
- Send us the password you assigned for Coincharge.
- What is the url of your store on Shopify?
- Your xPub key from your Bitcoin wallet. How to find out the xPub key from your Bitcoin wallet: https://coincharge.io/en/xpub-where-can-i-find-the-xpub-key-from-my-wallet/
- If no BTCPay server, then the API credentials of the selected Bitcoin payment provider.
The following Bitcoin payment providers provide a payment module for Shopify:
- BTCPay Server
- Coinbase Commerce
- Now Payments
Accept Bitcoin payments on Shopify
In the article: “The 12 most important Bitcoin payment providers” we present, among others, the Bitcoin payment providers mentioned above.
In this post, we will dedicate ourselves to the payment providers that offer Bitcoin payments for Shopify.
After the question of the store system is settled, store owners should answer the question: “Which cryptocurrencies do you want to offer your customers?”
Our recommendation is that you should definitely offer your customers Bitcoin payments over the Blockchain and over the Lightning network. Bitcoin is the standard for payment processing with cryptocurrencies. Every cryptocurrency owner also owns Bitcoin and is therefore able to pay with Bitcoin in the Shopify store.
A Bitcoin payment over the Lightning network is an evolution of Bitcoin payment processing. With Lightning, Bitcoin payments can be made quickly and easily. Additionally, Lightning payments are anonymous and inexpensive.
If you want to accept cryptocurrencies in your Shopify store, you definitely need to accept Bitcoin and Lightning payments. We cannot recommend crypto payment providers that do not offer Bitcoin and Lightning payments. Other cryptocurrencies should be selected depending on the business model and target audience.
Accept Bitcoin and Lightning payments on Shopify
The following crypto payment providers support Bitcoin and Lightning payment processing, as well as some other cryptocurrencies.
- BTCPay Server
- Coinbase Commerce (no Lightning payment possible)
Accept Bitcoin in Shopify Shop with Bitpay
BitPay is a payment processing company that allows merchants to accept Bitcoin and other cryptocurrencies as a payment method. BitPay was founded in 2011 and is headquartered in Atlanta, Georgia, USA.
The company offers an easy way for merchants to accept cryptocurrencies as a payment method without having to handle the volatility of Bitcoin and other cryptocurrencies themselves. BitPay converts the cryptocurrency into fiat currency (e.g., US dollars or euros) in real time and transfers the amount directly to the merchant’s bank account.
BitPay is one of the most well-known and widely used Bitcoin payment processing platforms and is used by thousands of merchants worldwide.
BitPay supports Bitcoin and Lightning payment processing, as well as Bitcoin Cash, Ethereum, Ripple (XRP), and Dodge.
We do not recommend Bitpay because end customers have to undergo a legitimation check when paying with Bitpay. You cannot expect this effort from your customer if he wants to pay with Bitcoin. This leads to significant purchase cancellations and should therefore not be used.
Accept Bitcoin in Shopify Store with BTCPay Server
BTCPay Server is a free and open-source payment processing software that allows merchants to accept Bitcoin and Lightning as payment methods without the need for a third-party payment processor.
To integrate BTCPay Server into your Shopify store, you can run your own BTCPay Server or share Coincharge’s BTCPay Server.
We have created a demo store for Shopify payment processing with the BTCPay server.
Mit dem Passwort coincharge kann man unter der Adresse: https://coincharge.myshopify.com/collections/all
test the Shopify store with Bitcoin payment.
Instructions can be found in the article: https://coincharge.io/btcpay-shopify-bitcoin-bei-shopify-akzeptieren/
When using a BTCPay server, incoming Bitcoin payments are credited directly to your own Bitcoin wallet. An automated exchange into a fiat currency (e.g. US dollar or euro) does not take place. Using a BTCPay server is recommended if you want to keep bitcoin.
Accept Bitcoin in Shopify store with Opennode
OpenNode is a payment processing company that allows merchants to accept Bitcoin and Lightning as payment methods. OpenNode is a bitcoin-only payment processor and does not support other cryptocurrencies. OpenNode was founded in 2018 and is headquartered in San Francisco, California, USA.
OpenNode automatically converts the bitcoin into fiat currency and transfers the amount directly to the merchant’s bank account.
OpenNode is recommended by Coincharge if you want to accept Bitcoin payments exclusively, but don’t want to keep the Bitcoin yourself, but want to get paid out in Euros to your bank account.
Accept Bitcoin in Shopify Shop with Coinpayments
CoinPayments is a cryptocurrency payment processing company that allows merchants to accept cryptocurrencies as a payment method. It was founded in 2013 and is headquartered in Vancouver, Canada.
CoinPayments offers a variety of features and tools for merchants, including the ability to accept Bitcoin and more than 1,800 other cryptocurrencies. The platform also supports stablecoins that are tied to the value of the US dollar.
For those who consider it beneficial to offer as many cryptocurrencies as possible to their customers, Coinpayments is the right solution. With over 1800 different coins, Coinpayments offers a comprehensive selection of coins that can be used as cryptocurrency.
With Coinpayments, the payout is made exclusively to your own crypto wallet. A payout in Euro to the own bank account is not offered.
Accept Bitcoin in Shopify store with Coinbase Commerce
Coinbase Commerce is a cryptocurrency payment processing platform that allows merchants to accept cryptocurrencies as a payment method. It was developed and launched by Coinbase, one of the most well-known and largest cryptocurrency exchanges.
Coinbase Commerce allows merchants to accept Bitcoin, Ethereum, Litecoin and Bitcoin Cash as payment methods. The platform also supports stablecoins that are tied to the value of the US dollar.
However, Coinbase Commerce does not support Bitcoin payment processing over the Lightning network (Lightning).
The cryptocurrencies taken are credited to the respective crypto wallet at Coinbase. If one has an account with the Coinbase exchange, the incoming cryptocurrencies can be forwarded directly to the exchange and sold there.
An automated conversion is currently not possible in Euro. This option is available only to American customers and for USD exchange.
Accept Bitcoin in the Shopify store with Coincharge
Coincharge advises and implements Bitcoin and Lightning payments in your Shopify store.
If you run an online store on Shopify and want to accept Bitcoin payments, Coincharge can help you with advice and technical implementation. We select the right Bitcoin payment provider for you based on your individual requirements and integrate the appropriate Bitcoin payment module into your Shopify store.
If you already know which Bitcoin payment provider you want to work with, you can order the integration into your Shopify store here: Integration Bitcoin Payment in Shopify
If you are still unsure, then arrange a no-obligation consultation so that we can discuss all the options and find the right provider for you.