Crypto.com Pay Checkout is a feature of Crypto.com Pay, which utilises Crypto.com Chain as a high performing native blockchain solution. Provides the best solution to accept crypto and be paid in fiat.
Crypto.com Pay Checkout generates a QR code embedded with payment information on behalf of the merchants. A customer can scan this QR code using the Crypto.com App, available on iOS and Android.
A Crypto.com App user can simply use the in-app scanner to scan the QR code and complete the transaction by paying cryptocurrency.
Crypto.com Pay Checkout currently accepts the following cryptocurrencies:
- Crypto.com Coin (CRO)
- Bitcoin (BTC)
- Ethereum (ETH)
- Ripple (XRP)
- Litecoin (LTC)
Behind the scene, given that Crypto.com Pay utilises Crypto.com Chain, all transactions must be performed using its native token, CRO. Therefore, when the customers choose any cryptocurrencies other than CRO, Crypto.com Pay will exchange the chosen cryptocurrency into CRO on behalf of the customers.
For information on settlement currencies, please see Settlement Currencies.
Crypto.com Pay Checkout is free of charge for merchants. Merchants are guaranteed to receive the amount in the desired fiat currency, which will be shown on the Merchant Dashboard.
However, depending on the currency, settlement fees may be applied when you transfer the funds to your bank account. Please see Settlements for more information.
Crypto.com Pay Checkout charges a 0.5% fee for all settlements.
Let’s see how to integrate Cypto.com Pay into our WooCommerce store. In WordPress, go on “Plugins” – “Add news”, search and install the plugin “Crypto.com Pay Checkout for WooCommerce”.
Now you have to activate the payment method on WooCommerce. You can do this by going to your WordPress admin panel and then go to “WooCommerce” – “Settings” – “Payments” and click Enable then Manage next to the Crypto.com plugin.
After activating the plugin it is necessary to insert the “Live Publishable Key” and the “Live Secret Key” which are located inside Crypto.com Pay Developer area. So once you have access to the Crypto.com Pay Merchant Dashboard, you will be able to find the API keys inside the “Developers” – “API Keys” tab.
In order for Crypto.com Pay to update your WooCommerce order status, it is necessary give Crypto.com the Read/Write permission to access your WooCommerce.
You can do this by going to your WordPress admin panel and then go to “WooCommerce” – “Settings” – “Advanced” – “REST API”.
Click “Add Key”. Add a description. Select the user who generates the key and make sure to select Read/Write permission. Then click “Generate API Key”.
Now copy the two keys (Consumer key – Consumer secret) then go back to your Crypto.com Pay merchant dashboard, navigate to “Developers” – “WooCommerce”, and paste them. The Base URI is your domain (for example, https://www.example.com/endpoint)
The configuration is complete. Are you ready to accept cryptocurrency payments thanks to Crypto.Com Pay
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