Speed 🚀 has released the WooCommerce plugin !
Speed with WooCommerce plugin has made accepting bitcoin payments simple for businesses with the Speed platform. Merchants can take payments from around the world and reduce expenses on processing.
Speed, a leading bitcoin and stablecoin payment processor based on the lightning network, has launched a WooCommerce plugin. With the Speed WooCommerce plugin, all retailers and brands with an eCommerce store on WooCommerce will be able to accept bitcoins and stablecoins.
Bitcoin is becoming more popular in every industry around the world, from online shopping to video games to cars. The main reasons for this popularity are factors like lower transaction fees, immediate global transactions, security, and anonymity. The Lightning Network, which is the second layer of Bitcoin, gives it more power when it comes to making payments. With Bitcoin's lightning network, you can make microtransactions right away.
CEO Jayneel Patel says, "Brands and retailers on WooCommerce will be able to easily grow their businesses around the world by taking advantage of Bitcoin, the lightning network, and speed. They will also save a lot on transaction costs and reduce the number of returns and chargebacks. “
All WooCommerce store owners and developers can accept Bitcoin payments by installing a plugin from the WordPress plugin store. Merchants will need to sign up for the Speed app and connect with the Speed WooCommerce plugin. Installation and configuration can be done by anyone without writing code or having development skills. Even store owners who aren't tech-savvy will be able to read the instructions and install and use the plugin.
WordPress has a lot of payment plugins for bitcoin and other cryptocurrencies, but most of them are for on-chain payments, which have high transaction fees and take longer to settle. While Speed uses the lightning network, which has almost no transaction fees and allows payments to be made instantly.
Sign up to accept bitcoin & crypto payments: https://bit.ly/3U25WI7
Know more about Speed: https://bit.ly/3zqh4a6
Check out the WooCommerce plugin: https://bit.ly/3gErImS