How to accept Bitcoin and Lightning payments on Shopify?
How to accept Lightning and Bitcoin in Shopify. Here’s how you can use Coinsnap to accept Bitcoin and Lightning payments on Shopify. Shopify is the second most used e-commerce store system after WooCommerce.
Online merchants who offer their products on the Internet via Shopify can easily offer their customers payment via Bitcoin and Lightning.
Coinsnap provides a Shopify payment module that connects the Shopify online store to Coinsnap to enable Bitcoin and Lightning payment processing.
When the online customer wants to complete the purchase, he gets an overview of the available payment methods and is also offered the option Bitcoin + Lightning payments.
The customer receives an overview of his order and can complete it. After completing the order, the customer is redirected to the payment page.
The customer is taken to the payment page and asked to click on the Pay with Bitcoin button.
The Bitcoin payment window then opens and the customer can pay with Bitcoin and Lightning by scanning the QR code. The QR code displayed contains both payment options.
After successful payment, the customer will receive a notification that the payment has been successfully completed.
During the ordering and payment process, the customer is informed by e-mail about the respective status of his order.
The customer will receive the first notification by e-mail after the order is successfully placed and another notification after the payment is successfully completed.
It is important to note that with Shopify, the order is placed first and only then is payment made. Both the customer and the store operator receive a message that the payment was successful. However, this does not mean that the payment has been successfully completed at the same time. Care must be taken to ensure that the customer has also paid successfully.
After successful payment, the status of the order is changed from Unpaid to Paid on the Shopify order page. The merchant can now start shipping the goods. At the same time, the deposited amount will be credited to the Lightning Wallet.
Shopify Manual Payment Methods
Shopify offers its own payment processing with Shopify Payments for various payment methods such as credit card, Google Pay and Apple Pay. These payment methods are prominently placed by Shopify to encourage their use.
In order to offer payers additional payment methods besides those offered by Shopify Payments, there are manual payment methods.
These manual payment methods are, for example, payments by cash on delivery or bank transfer.
A payment via Bitcoin and Lightning Payments is considered a manual payment by Shopify and Shopify does not charge any additional fees for this.
Shopify also does not offer the option to set a custom order of the payment methods offered, for example, to position Bitcoin and Lightning payments higher up. Changing the order can be done via paid apps.
On the listed payment methods page, Bitcoin and Lightning payments via Coinsnap are displayed as Bitcoin + Lightning. This setting can be changed. Just make sure to use the word Bitcoin.
Displaying a Bitcoin or Lightning icon is not supported by Shopify.
Open an account with Coinsnap
To open an account with Coinsnap, go to the Coinsnap website and find the option to open an account with Coinsnap in the top right menu.
You will then be asked to provide your email address, choose a password and enter a Coinsnap discount code.
You will then receive an email that you must confirm.
When you sign up for the first time, you will be asked for the name of your business. This name will later be displayed to your customers so they know which store they are paying at.
After that, you will be prompted to enter a Lightning address.
Then enter the Lightning address, which is similar to an e-mail address. Your customers’ Bitcoin and Lightning payments are forwarded to this Lightning address and credited to your Lightning wallet.
Lightning Address
A Lightning address looks like an email address, but instead of messages, you can use it to send and receive Bitcoin and Lightning payments. If you don’t have a Lightning address yet, choose a Lightning wallet that provides you with a Lightning address.
We have created an overview that lists all Lightning wallets where you can get a Lightning address.
Wallet of Satoshi is used as an example to explain how to get your own Lightning address. It works in a similar way with the other providers.
You have two options for obtaining the Wallet of Satoshi.
Either you go to the website https://www.walletofsatoshi.com/ and there you will find the two download options for the App Store or Google Play.
Or you can go directly to the store on your smartphone and search for the Wallet of Satoshi.
After you have started the Wallet of Satoshi on your smartphone, you will see a Receive button at the bottom left. Click on it.
The adjacent window opens. Below the QR code you will find the Lightning address, which looks like an e-mail address. This is your Lightning address, which you can give to anyone you want to receive sats from.
You deposit this Lightning address with Coinsnap and all incoming Bitcoin and Lightning payments are credited directly to your Bitcoin Lightning wallet via the Lightning address.
Integrate Coinsnap with Shopify
To accept Bitcoin and Lightning payments in your Shopify store, the Shopify store must be connected to Coinsnap.
You can integrate Coinsnap into your Shopify store yourself or let us do the integration for you.
We’ll explain how you can make this connection yourself in the description of the Coinsnap Shopify app.
You can also use the Shopify Integration Service and we will integrate Coinsnap into your Shopify store for you.
