How to Accept Cryptocurrency Payments with Magento 2
At Cryptomus, our priority is to offer you the best integration features. Therefore, I have the pleasure to announce to you our latest crypto plugin, the Cryptomus Magento 2 Plugin, which will allow you to add a crypto payment system to your Magento 2 website.
In this article, we will see what Magento 2 is, why you need to use Cryptomus, and, more importantly, why you need to start accepting cryptocurrencies. Let's not wait any longer and explore the world of cryptocurrency payments and integrations.
What is Magento 2?
Magento 2 is an open-source CMS developed by Roy Rubin and Yoav Kutner and released in 2007. This platform is the most widely used CMS for creating online stores due to its robust, scalable architecture. It is compatible with the latest technologies, such as - PHP 7, which means faster loading times.
Cryptomus Magento 2 Plugin
The Cryptomus Magento 2 plugin was created by us to help you integrate simply a payment integration that will allow you to receive payments in various cryptocurrencies all over the world and at the same time benefit from all the features that Cryptomus offers, such as an automatic converter to stablecoin to avoid the volatility of the market, an analytical tool to track all your income, and different types of integration such as payment with links, QR code and many other options.
To understand more why this CMS is special, let's see together what are its main features:
Compatibility with Latest Technologies: Magento 2 is faster to load than Magento 1, as it is compatible with the latest technologies, including PHP 7.
Scalability: The platform can efficiently handle 10 million page views per hour, making it an ideal choice for expanding businesses.
Open-Source Nature: Magento 2 is an open-source e-commerce platform that enables extensive customization, allowing users to design their store according to their preferences without any compromises.
Integrated Payment Gateways: The platform offers various payment gateways such as PayPal, Google Checkouts, and Braintree. Now, thanks to Cryptomus, it accepts cryptocurrencies, making it easier for customers to make purchases.
E-commerce Focus: It is known to be a robust choice for businesses looking to establish and grow their online presence due to its e-commerce design.
Why Cryptocurrency and Why Cryptomus
Accepting cryptocurrencies in 2023 is, in my opinion, a must. Take a minute to see the incredible evolution of cryptocurrencies since the creation of Bitcoin.
Accepting cryptocurrencies will give you access to a global market because cryptocurrencies have no borders. They can be accepted anywhere in the world.
Cryptomus is here to help you access this global market by offering valuable features such as various integration systems, a crypto converter, customizable widgets, and high security protection for your assets, allowing you to receive cryptocurrency payments in the best possible way.
How to accept cryptocurrency with Magento 2?
Now that you understand what Magento 2 is and what the Cryptomus plugin is all about, let's take a look to step-by-step guide at how to install the Cryptomus plugin in Magento 2:
Step one: Download the Cryptomus extension as a zip file by clicking here.
Step two: Once downloaded, unzip the file to extract its contents to the path app/code/Cryptomus/Payment.
Step three: Move it to the Magento directory, locate the unzipped folder, and move it to your Magento 2 installation directory. The destination path should be: app/code/Cryptomus. If the Cryptomus directory doesn't exist, create it.
Step four Enable the module, open your command-line interface, and then navigate to your Magento root directory. Enable the Cryptomus module by running the command: php bin/magento module:enable MageBrains_Cryptomus.
Step five: Apply database updates: while still in your Magento root directory, apply database updates using this command: php bin/magento setup:upgrade.
Step six: Clear the cache to reflect the changes using this command: php bin/magento cache:flush.
Step seven: Configure Cryptomus in Magento 2, access your admin panel, navigate to "System Settings"> "Sales"> "Payment methods"> "Cryptomus" and set the API key (Payment key) and Merchant UUID (Secret) from your Cryptomus merchant, that you can find in your Cryptomus account, then save the changes.
Congratulations, you are now fully ready to accept crypto payments on your Magento 2 website.
In conclusion, accepting cryptocurrencies on your Magento 2 website will help you attract new customers from all over the world, and thanks to the Cryptomus plugin, you can easily integrate cryptocurrency payments and stand out from the competition.
I hope you found this article explaining the importance of cryptocurrencies and how to integrate our Cryptomus plugin into Magento 2 helpful and that it helped you install it on your website. Don't hesitate to leave a comment below to share your experience with us.