XPayr WooCommerce Plugin: Simplify Crypto Payments
Running an e-commerce store today means navigating a complex landscape of traditional payment processors. Many merchants have faced the harsh realities of high processing fees, lengthy settlement times, and frequent account bans. For instance, Stripe charges 2.9% +30¢ per transaction with monthly subscription fees, while PayPal often imposes 3.49% +49¢ plus other hidden costs. These traditional solutions can dramatically eat into your profits and customer satisfaction.
Enter XPayr: the next-generation non-custodial crypto payment gateway that offers a flat 0.5% transaction fee, instant settlement, and no chargebacks. With our WooCommerce plugin, merchants like you can accept cryptocurrency payments with ease, providing customers with the flexibility to pay using digital assets while ensuring your business benefits from transparent and predictable pricing.
Benefits of Using XPayr WooCommerce Plugin
- Lower Fees: XPayr charges a flat 0.5% transaction fee, slashing the costs associated with traditional payment processors.
- Rapid Settlements: Instant settlement means no waiting for days or even weeks to receive your funds.
- No Custodial Risks: Unlike other platforms that hold onto customer funds, XPayr uses a non-custodial architecture, ensuring your business always has control over its finances.
- Multichain Support: Accept payments in 30+ tokens across Ethereum, BSC, Polygon, and more.
Traditional Payment Processors vs. XPayr
To better understand the benefits of XPayr's WooCommerce plugin, let’s compare it with popular traditional processors like Stripe and PayPal:
| Feature | XPayr | Stripe | PayPal |
|---|---|---|---|
| Fees | 0.5% flat fee with no hidden charges or monthly subscriptions | 2.9% +30¢ per transaction, plus monthly subscription fees | 3.49% +49¢ plus additional fees and hidden costs |
| Settlement Time | Instant settlement with no holds or delays | Average 2-7 days, up to 180 days for new accounts | Average 1-3 days, up to 180 days for new accounts |
| Chargebacks | No chargebacks as crypto payments are irreversible | High risk of chargebacks leading to fraud losses | Low risk due to irreversibility of crypto transactions |
| Acceptance of High-Risk Merchants | Explicitly welcomes high-risk categories without restrictions | Frequent account bans and terminations for high-risk businesses | Restricted access to certain industries like gambling, SMM, etc. |
XPayr's WooCommerce plugin stands out by offering a seamless integration experience without the hidden fees or account restrictions common with traditional processors. This makes it an ideal choice for e-commerce stores looking to expand their payment options and reduce operational costs significantly.
Frequently Asked Questions (FAQ)
- Q: Can I integrate XPayr with multiple WooCommerce stores?
- A: Yes, the plugin is designed to be easily integrated into any existing or new WooCommerce store. You can manage your payment settings from within the WordPress dashboard.
- Q: Is there a minimum transaction amount required for using XPayr's WooCommerce plugin?
- A: No, there are no minimum transaction amounts imposed by XPayr. Even small transactions can be processed efficiently and cost-effectively.
- Q: How does the webhook system work with the XPayr WooCommerce plugin?
- A: Webhooks in the plugin ensure that you receive real-time notifications about payment statuses, allowing you to automate your business processes seamlessly. HMAC-SHA256 signatures are used for secure communication between your server and our servers.
- Q: Can I still accept fiat payments along with cryptocurrencies through XPayr?
- A: While the primary focus is on cryptocurrency, you can still configure your WooCommerce store to offer a seamless experience by allowing customers to choose their preferred payment method. However, for purely crypto-focused transactions, XPayr’s WooCommerce plugin excels.