The demand and volume for Bitcoin and Lightning Payments are growing. Offering tools that accept Bitcoin payments can help companies expand their customer base as they facilitate Bitcoin transactions. To attract a wider audience companies accept Bitcoin and Lightning payments. This is because more and more people use digital currencies each day. People tend to be techie and prefer payment transactions that are easy and effortless.
Here is where Coinsnap Bitcoin-Lightning Payment becomes pretty handy for you. Coinsnap is an all-in-one and advanced solution for those making transactions with Bitcoins. With its powerful features and functionalities, it serves as an extensive tool to manage and process Bitcoin and Lightning payments.
In this detailed review article, we will discuss all the amazing features Coinsnap provides. Particularly, we will discuss the Coinsnap and WooCommerce Integration. This is truly a game-changer for companies looking to expand their payment options. So, let’s begin.
What is Coinsnap and Why Choose It?
Coinsnap is a flexible plugin that allows any business or individual to effortlessly accept Bitcoin and Lightning Network payments through their online website. So it accepts crypto payments right away and works smoothly with a lot of popular e-commerce platforms like WooCommerce etc. without needing other third-party services or deep technical levels skills from the users’ end.
If you want to make digital payments and are in search of an extensive tool to accept Bitcoin and Lightning payments, then, you can rely on the advanced Coinsnap Plugin. Coinsnap offers a great variety of functionalities you can use, such as powerful integrations with addons, plugins, and modules, Bitcoin and Lightning payments, direct forwarding to your account, protected privacy, and many more. Also, with Coinsnap you can offer Bitcoin-Lightning Payment at the Point of Sales (Web-PoS) and even Payment-Links to be sent to your customers.
Moreover, if you have an online shop with WooCommerce, you can enable the Coinsnap and WooCoomerce Integration and accept Bitcoin and Lightning payments there as well.
Besides all these advanced features, the Coinsnap plugin is very easy to use. Also, you, as a customer, don’t need to have any technical knowledge to use the plugin.
Bitcoin-Lightning Payments | What are They?
Accepting digital payments has become crucial for both consumers and organizations in the rapidly expanding and changing digital era.
Bitcoin is a digital currency that allows one person to send payments directly to another without the need for a bank. It works on the blockchain which checks all the transactions to make them secure and transparent.
Lightning Payments are a much faster and cheaper way to use Bitcoins: Lightning payments are a part of the Lightning Network, that ensures cheaper and faster transactions between individuals. The Lightning Network is built based on the Bitcoin Blockchain.
Both the Bitcoin and Lightning payments aim to provide a simple option to make secure and quick transactions with digital cryptocurrency.
Key Features
Coinsnap is much more than just a Bitcoin-Lightning payment service. With its key features and added functionalities it opens merchants of all kinds to easily and safely enter the world of crypto-payment and address new, crypto-interested target groups across the globe:
- Bitcoin-Lightning Payments: Coinsnap enables Bitcoin-Lightning Payments. Coinsnap offers guaranteed, quick, safe, and low-cost payments, thus making it a great tool for anyone wanting to use digital currencies for their daily transactions.
- Immediate, guaranteed transfer to your wallet or account: With Coinsnap your payments will be credited directly to your Lightning wallet.
- High-level privacy protection: The Coinsnap tool cares for the privacy protection of the customers. So, the plugin doesn’t collect any personal data.
- Fast and simple registration: The signup and registration process is very simple for merchants. You just need to provide your email address and the Lightning wallet’s address. (The Lightning address is the one where your Bitcoin payments will be sent). Filling in other details is optional and you can avoid doing this.
- No need to run your own node: When using Coinsnap, you don’t need to run your technical setup. The tool will perform all the technical setup for you. This is surely an absolute benefit, as you will focus on using the tool, rather than paying attention to the technical setup and requirements.
- Powerful Integrations: Coinsnap provides integrations with payment plugins, forms, and addons. The payment plugins that the plugin integrates are, for example, WooCommerce, Shopify, Shopware, Gambio, Wix, Drupal, and many more. Coinsnap also integrates with forms such as Contact Form 7, WPForms, Gravity Forms, Ninja Forms, and others. The plugins the Coinsnap tool integrates with are BTCPayWall, EasyDigitalDownloads, Paid Memberships Pro, etc.
Other Features
- The Coinsnap Multitude: On top of all that, Coinsnap offers a web-based Point of Sale (PoS) solution for all merchants that have physical outlets as well. Other features Coinsnap offers are widgets that enable merchants to place payment offerings practically everywhere on the website even without a shop. Also, Coinsnap enables merchants to create specific payment links to send to their customers to initiate a payment process outside their websites.
- Webhooks: With the Webhooks the Coinsnap tool provides, you can let the Coinsnap server send HTTP events connected to your store to another server.
- API Connection: The Coinsnap plugin provides a solution even for those using their own, proprietary, E-commerce solution. If you are looking for a payment module missing in the Coinsnap plugin, you can use an API connection.
There is no doubt that Coinsnap is the leading Bitcoin-Lightning payment provider today: Everyone would agree that having these integrations and features gives significant value and a significant competitive edge to this plugin compared with the other Bitcoin-Lightning payment systems on offer these days..
Coinsnap and WooCommerce Integration
The Coinsnap plugin has integrations with a great number of payment plugins, addons, and forms. These integrations make the tool more flexible thus allowing the customers to accept Bitcoin payment with ease. The Coinsnap tool has integrations with WooCommerce, Shopify, Shopware, Gambio, Wix, Drupal, Contact Form 7, WPForms, Gravity Forms, Ninja Forms, EasyDigitalDownloads, Paid Memberships Pro, etc.
In this part of the article, we will mainly concentrate on one of the Payment Integrations the Coinsnap plugin offers. This is the Integration with WooCommerce.
If you have an online shop where the payment gateway is the WooCommerce use the Coinsnap plugin for accepting Bitcoin-Lightning payments. This is a great match, so let’s check how you integrate Coinsnap with your Woocommerce.
Integrating Coinsnap with WooCommerce
The steps to use the Coinsnap plugin with WooCommerce are easy to follow. Let’s check them one by one.
- Head to your WordPress Dashboard > Plugins page and click on the Add New button.
- There, in the Search field, write Coinsnap.
- Click on the Install Now button and activate the plugin.
- After you have installed the Coinsnap for WooCommerce plugin, you now need to configure the settings.
From your Coinsnap account, take the Coinsnap shop ID and API key and enter this info in the Settings part.
- With the last step, you need to configure the payment settings and enable the Payment Method.
By performing these steps, your customers will be able to pay for all the products in your shop with Bitcoin-Lightning payments.
If you want to be sure the transactions will be smooth and easy, you can run a test and add a demo product to your cart. Then, choose the Bitcoin-Lightning payment method on the Checkout page. After this, make the testing payment to see whether the transaction is done without any problems or not.
So, as you can see the steps to integrate Coinsnap with your WooCommerce Integration are easier than you would think.
Coinsnap Fees
A 1.25% fee is charged by Coinsnap on all transactions. But, what is great about the plugin, is that you can use a partner code and reduce the fee by 0.25%. That means a 1% fee will be charged for the transactions.
Keep in mind that the Coinsnap plugin doesn’t charge any additional fees. Also, please note, that when you forward bitcoins to your Bitcoin-Lightning Wallet, there may be some fees charged by the Lightning Network that are outside of Coinsnap’s control․ The lightning nodes involved in the payment process have their own, very low fees, which are collected by them and deducted in the payout amount.
Wrapping Up
So, in this detailed review article, we have explored the key features and functionalities the Coinsnap plugin provides.
Coinsnap is an all-in-one solution for those companies, businesses, and individuals who want to implement digital currency, particularly Bitcoin-Lightning payments into their online platforms. With the rapidly growing digital era, keeping pace with time and implementing cryptocurrency payments has become extremely important for businesses.
What do people want? What they want is to make online transactions safely, quickly, and effortlessly. Accepting Bitcoin-Lightning payments allows making safe transactions within seconds with ease.
Coinsnap has all the features and functionalities you may need when offering transactions for Bitcoin-Lightning payyment. The payment service is easy to use, has fast and simple registration, and offers powerful integrations, immediate transfers to your wallet, API connection, Webhooks, and many features more.
Coinsnap can be integrated with various plugins, forms, and addons, such as Shopify, Ninja Forms, WP Forms, Wix, WooCommerce, and many more. In this review article, we discussed one of the Integrations the plugin offers which is the WooCommerce Integration. With the help of this integration, you can accept Bitcoin and Lightning payments on the WooCommerce platform.
With digital currencies becoming more and more important nowadays, the Coinsnap plugin, without any doubt, is one of the best solutions you can use on your online platform. So, keep pace with time and give a try to this advanced and innovative plugin.
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