How to Accept Bitcoin Payments with Shoprocket

Updated on 15th October 2023 in Payments

Accepting Bitcoin as a payment method in your online store can open up new avenues for your business. Not only does it attract a wider range of customers, but it also comes with added layers of security and cost benefits. With Shoprocket, you can effortlessly add Bitcoin payments to your online store. Here's how:

Step-by-Step Guide

Step 1: Log In

  • Log in to your Shoprocket dashboard. If you're not already registered, you can sign up here.

Step 2: Navigate to Settings

  • In the left sidebar, click on Settings to reveal the dropdown menu.

Step 3: Go to Payment Gateways

  • Within the Settings dropdown, select Payment Gateways.

Step 4: Connect Bitcoin

  • Scroll down until you find the Connect Bitcoin option and click on it.

Step 5: Enter Wallet Address

  • You'll be prompted to enter your Bitcoin wallet address. Ensure you input this carefully.
Shoprocket supports direct Bitcoin (BTC) transactions. Please provide your Bitcoin wallet address from one of the major address formats (P2PKH, P2SH, or Bech32). We do not support Bitcoin Cash (BCH), other Bitcoin forks or lightning transactions.

Step 6: Save

  • After entering your wallet address, click the Save button at the bottom of the page.

Key Features

Direct Payments

  • When a customer pays using Bitcoin, the payment is made directly from the buyer to the seller. This means there are no middlemen involved, offering a more transparent and direct transaction.

Enhanced Security

  • Since the payments go directly to your Bitcoin wallet, there are fewer vulnerabilities and risks. The transactions are secured through cryptographic techniques, and neither Shoprocket nor any third party ever handles your funds.

Zero Fees

  • Shoprocket does not charge any fees for Bitcoin transactions. This can result in cost savings that can be passed on to your customers or reinvested back into your business.

By following these simple steps, you can enable Bitcoin payments on your online store with Shoprocket, providing you with a secure, direct, and cost-effective method for accepting this increasingly popular cryptocurrency.

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