WordPress Payment Gateway & Integration Expert - WPExperts.io

Decred Journal — April 2018

This post covers what happened in Decred last month. Let's get down to business and have About section at the end.

Development

Wallet and node software version 1.2.0 has been released. Decrediton wallet highlights: improved startup experience, redesigned overview page, added basic graphs to visualize statistics and an export to CSV (helpful for tax reporting). dcrd node software highlights: significantly faster startup and compact filters to support light clients. See full release notes and downloads here, for Decrediton use 1.2.1 bugfix release.
The release process has been improved. Instead of announcing a release date and trying to meet it, a Release Candidate 1 (RC1) will now be posted. After it has been tested an bugfixed with the help of the community, a second candidate (RC2) will be released. This is repeated until an RC version with no apparent bugs becomes the final release. The new process removes a ton of pressure from developers and users and gives more time for testing. As our primary consumer-facing product, Decrediton, is growing in features and complexity, more testing will be required for new releases.
Politeia is "Getting close to a public beta of voting" (slack). Decred plugin merged, paywall and voting are in the testing stage. Ticket voting works on testnet via CLI.
Trezor support got closer as Decred patch was merged. Please note this is only firmware support, to be usable it also needs wallet integration.
WooCommerce Decred plugin alpha version is ready for testing.
Decred.org received a new sleek exchanges page.
The contributors page has been updated to add 10 new faces. Some of them are new to the project but others have been contributing for a while.
Dev activity stats for April: 152 active PRs, 125 commits, 21,656 added and 10,288 deleted lines spread across 7 repositories done by 2-7 developers per repository. (chart)

Network

Hashrate: April started at 2.0-2.7 PH/s range and seen a general increase with some big fluctuations between lows at 2.2 and new all time high above 5.2 PH/s.
Nodes: there are 200 public listening and 500 normal nodes per dcred.eu as of May 1. 169 nodes already upgraded to version 1.2.0. Some 30 nodes were observed to be testing Release Candidate versions before the final release.
Ticket price 30-day average has seen a steady rise to 87.5 DCR. Stake participation is solid 46.1% with 3.53 million DCR as of May 1.

ASICs

Updates from Obelisk's Taek:
We got results back. They are more or less on line with the simulations I didn't realize this, but we don't get the real chips back for 3 more weeks. The ones we've been testing are hacked together into a DIP package (they are BGA chips) that really screws up the results There's a decent chance that the full bga chips perform better For the time being though, we're pretty much on track for the hashrates estimated on the website (slack, Apr 12)
And regarding the June delivery date:
We're still on track for batch 1. We've ordered most of the parts we'll need, including the chips. We've got working chips, we've got test boards, test units, test everything. We've signed manufacturers to produce everything. Obelisk is going strong. (reddit, Apr 23)
We are thankful for his updates in our #pow-mining channel and hope other ASIC manufacturers will also join.
Fellow Sia miners are discussing the design of Obelisk SC1 case.
Halong: B29 units are shipping. The amount of units in first batch was estimated 450-600 by our community member. Review of DragonMint B29 published, people are discussing shipping and running the miners.
By surprise, Innosilicon announced the sale of D9 DecredMaster ASIC miner with specs identical to Halong B29 while being much cheaper ($6800 Inno vs $10499 Halong). Expected shipping date of the first batch is April 28-30. The company is active on their bitcointalk thread, also see our reddit.
Just 9 days later Innosilicon announced second batch with delivery on May 7-11 and same price of $6800. (reddit)

Integrations

Decred's Brazilian community made good progress with integrations this month.
emiliomann: On April 2nd @Rhama will launch the first BR exchange of altcoins with fiat market and totally within the laws of the Brazilian government. Decred will have the two markets DCBTC and DCBRL. It’s very difficult to fulfill all the legal requirements and get authorization to work with FIAT here.
The exchange turned out to be Profitfy. Profity is innovating by using dcrtime for their blockchain ID login via Original My. Great to see this deeper engagement with the tools that Decred provides, and not a surprise that it comes from @Rhama, who has been a community member since day one.
This seems to have spurred another exchange, Braziliex, to bring forward their launch of DCBRL and DCBTC pairs, coming just 2 hours after Profitfy launched.
Not stopping there,
emiliomann: Hey guys, this is a poll of the biggest Bitcoin exchange in Brazil that is planning to open altcoins markets. Please, help the Brazilian community by voting for Decred! Just one click. Thank you! https://twitter.com/mercadobitcoin/status/981602483268194307
Finally,
viniciusfrias: We're excited to announce PagueCripto.com, a Brazilian crypto-to-fiat payment gateway which accepts Decred among other cryptocurrencies for Brazilians to pay daily bills, such as credit cards, energy, rent, etc, and also to make local bank transfers. Our service is both a web platform and an Android app, and as our community is relevant in Brazil, we are offering a discount coupon (50%) in service fees using DCR until May 14, 2018. Check it out at paguecripto.com and in Google Play Store. (slack)
Moving to other countries, good news from Canada:
michae2xl: Decred is now available on @ezBtcCanada, an exchange with DCCAD trading pair. From Toronto – ezbtc.ca
i2Rav announced i2trading.com, a new trading desk that will be offering DCEUR pair:
Eventually we hope to offer the pair in GBP and YEN as well
changenow.io, a non-custodian exchange for fast conversions, added DCR.
You can see all exchanges known to support Decred in a spreadsheet maintained by snr01. Many of them are missing from coinmarketcap.

Adoption

The Crypto Lawyers, LLP, a crypto exclusive U.S. law firm began accepting Decred (reddit):
RAurelius: I think that a law firm accepting Decred is a worthy distinction from other previously publicized companies that accept Decred for typical consumer products. Legal services are severely lacking in the Crypto-sphere, so the publicity is good for everyone in this arena.
Great to see business owners reaching us directly in chat.
VotoLegal is migrating from Ethereum to Decred blockchain:
emiliomann: VotoLegal, a Brazilian project that uses blockchain technology to allow election campaign funding to be transparent and that all transactions conducted are tracked and made available to the citizens, now uses dcrtime and Decred blockchain. https://twitter.com/decred_bstatus/986610826051276800 (slack)

Partnerships

YBF Ventures and Decred announced partnership in building a blockchain-focused development and business hub in Australia.
With the YBF Ventures partnership, Decred hopes to grow their Australian contractor network and scale their operations throughout the Asia-Pacific region. (btcmanager.com)
We specifically chose Decred for a more robust corporate partnership, and it is the first time that a decentralised autonomous organisation is partnering with a ‘traditional’ organisation in such a capacity. (ybfventures.com)

Marketing

Dustorf joined on the marketing front and is conducting a brand discovery analysis:
Decred is soliciting the input of our user community. In order to better understand you, what you think of Decred, and where you would like it to focus its efforts, we've come up with a short (4 minute) survey. Your input of all varieties is most appreciated https://www.surveymonkey.com/2LHK3FV
April targeted advertising report released (previous March report here). Reach @timhebel for full version.
The iconic "Not Overly Scammy" t-shirt by cryptograffiti is available for purchase. For those wondering, the meme originates from @fluffypony.
Some hilarious promos by @jackliv3r: one two three.

Events

Community event at YBF Ventures in Australia.
Meetup in Wroclaw, Poland.
BBQ with @scalarcapital team in Austin, USA.
Blockchain Expo in London, UK. Decred was well represented at this large-scale industry event. Project Lead Jake took part in several interview and the Decred stand manned by community members was flooded with inquisitive visitors. (video, photo 1 2 3)
First Decred meetup in Hangzhou, China. (slack)
Business of Blockchain at MIT Media Lab in Cambridge, USA. Presentation: Blockchain Sovereignty and Blockchain Integration for Businesses by Jake Yocom-Piatt. (event, reddit, photo 1 2 3)
Cambridge Blockchain Meetup in Cambridge, USA. Talk: Cutting the Head off the Snake by Jake Yocom-Piatt. (event, photo 1 2 3)
Upcoming events:

Media

Second episode of Lightning Network educational series is out, exploring topics such as payment channels, onion routing, centralization risk, and challenges that still lie ahead. (youtube)
A user’s perspective and introduction to blockchain governance (Richard Red)
The Importance of Governance: Analyzing the Aftermath of the Monero Hard Fork by Noah Pierau (btcmanager.com)
The Crypto Show w/ Marco from Decred (youtube)
Interview with Jake at @Blockchain_Expo by Crypto Coin Growth (youtube)
Interview with Jake at @Blockchain_Expo by Cryptocurrency Academy (youtube)
Alternative Blockchain Governance Systems With Jake & Kyle From Decred at @Blockchain_Expo by Crypto Disrupt (youtube)
Decred Looks Ahead: An Interview with Project Lead Jake Yocom-Piatt (Exclusive) (sludgefeed.com)
How Complex Bitcoin Politics Led to the Creation of Decred (btcmanager.com)
Interview with Decred’s Project Lead Jake Yocom-Piatt on Crypto Ad Bans and Market Volatility (cryptoslate.com)
Decred’s Jonathan Zeppettini: The Industry Is Going To Be Displacing Wall Street (blocktribune.com)
On Chain VS. Off Chain Governance: The Ins And Outs (coinjournal.net)
Decred: On true decentralisation, Bitcoin communities, and avoiding the ICO route [Video] (blockchaintechnology-news.com)
Marco in shitcoin talk episode 54 (youtube)

Community Discussions

Reddit highlights: A debate on Decred protocol security and attack cost, a comparison of expected and actual block production times, a write-up on distribution of powers and how Monero could benefit from a PoS governance layer, two other threads on ASIC resistance, and one discussing different types of decentralization.
Very thoughtful discussion on whether it is appropriate to use half naked photos in marketing, followed by meta-discussion how to handle very polarizing issues and unwanted contributions to the marketing efforts of a decentralized project. (slack, continued)
A new #governance channel was created to discuss governance in Decred and other projects.
politeia subreddit was recovered for Decred community. Thanks to Tivra for filing the request. Politeia can bring a lot of value outside Decred so it well deserves its own sub.
A new Slack invite page has been setup and onboarded 40 people in 48 hours.
Decred StackExchange site proposal was closed due to inactivity in a 7 day period, according to Area 51 rules.

Markets

In April Decred showed a confident recovery after previous months. DCUSD moved from below $40 to nearly $90 and the more liquid DCBTC from 0.0058 to 0.0093.
OOOBTC showed unexpectedly huge DCR trading volume of $19 m on April 10 (reddit), it went back to normal 2 weeks later.
On April 25 a wild rush took the price from 0.00777 to 0.0177 BTC in under 30 minutes on Poloniex, setting a new USD all time high of ~$165 ($141 world average). Prices on other exchanges followed to a lesser degree. Possible causes were discussed on reddit. Talking about all time highs, an indicator tracking difference between ATH and current price shows Decred is competitive at retaining USD value.

Relevant External

Bittrex finally opened registrations again.
ASIC debates are raging after Bitmain stealth-launched ASICs for Sia, Monero and Ethereum. Most opinions reflect on whether and how to resist ASICs, but some are recognizing the Decred way, like this excellent piece.
The importance of governance is gaining recognition as well. One notable example is Mike Hearn's AMA where it was a hot topic.

About This Issue

This project was motivated by the desire to expose just how much is happening in Decred and save the time for people unable to actively follow our channels. It aims to cover all relevant developments with a short description and links to read further. It shows the depth of the project and the involvement of the community. We also plan to launch a newsletter and consider a shorter version if there is such a demand.
This is the first issue and feedback is welcome to discover what is best for our readers. Please join our Slack and write us on #writers_room or comment directly on GitHub. Any help is welcome too.
Credits (Slack names, alphabetical order): bee, jazzah, Richard-Red, snr01 and vj.
submitted by jet_user to decred [link] [comments]

EOT - Encryption of things

 **EOT - Encryption of things** 
There is a huge surge in devices attached to the internet, known as the Internet of Things, and it is estimated that over 80 Billion devices will be connected to the internet by 2025, from industrial machines to devices in our home. The constant hacking and cyber attacks have increased not only the demand but the necessity of secure solutions. Our privacy and digital footprint are at risk.
[b]Some examples where encryption plays a role:
[b]Secure messaging - To make messages truly secure we need a process whereby a cryptography can be applied to encrypt transaction.
[b]Secure calling - Secure calling is a process whereby the caller and the recipient of the call are identified and linked via a blockchain enabled cryptocurrency transfer, again creating public and private encryption keys making the call truly private.
[b]Secure media storage - To safely and securely store media a process is required where 1.) Access to the media is encrypted via public and private keys of the person wanting to store the media. 2.) The media itself needs to be encrypted with a set of encryption keys and 3.) Media storage costs need to be paid via cryptocurrency
[b]Secure browsing - To browse the internet securely we need to create a process of verification whereby nodes on the blockchain can verify websites as “safe”. Furthermore, the entire process needs to be encrypted as well.
[b]Verification - This is one of the most important uses of a blockchain, we can verify websites as in the example above but also various other things such as identity, title and ownership, date stamps and source of products as with the verification of the source of agricultural or other products. These are just a few examples. All of this data needs to be encrypted as well.
[b]“Smart home” security - Wi-Fi is often used for remote monitoring and control. Home devices, when remotely monitored and controlled via the Internet, are an important constituent of the Internet of Things - all needing encryption, otherwise, hackers paradise.
[b]EOT in the future - The examples we mentioned above are only “scratching the surface” of where these technologies are applicable and who knows what will be invented in future. Google, Apple and Uber are all testing cars that drive themselves. A major issue with this technology is again the security aspect and the need to protect against hacking and who want’s to get into a spaceship to Mars that might be hacked or hijacked by ransomware?
So the future for the [b]“Encryption of Things” – EOT, looks very interesting indeed and the role of crypto currencies in this will be major.
Read the full white paper here - http://eottoken.com/index.php/whitepape
The first device using EOT Coin is the BitVault®[/b] - the World's first crypto communicator and blockchain phone. The BitVault is a revolutionary new product that is built around security and privacy enabled through Blockchain technology. Biometric Security enabled through fingerprint and iris scan. Iris patterns are unique to you and are virtually impossible to replicate. This means that iris authentication is one of the safest ways to keep your BitVault locked and the contents private. Proven Biometric technology brings a whole new level of security to your crypto currency and blockchain transactions. Creating Military grade security for your device through third party independent Multilayer security.
September 2017 – Swiss Bank in Your Pocket integrates EOT Wallet(Achived)
October 2017 – BitVault®, the world’s first blockchain phone launches in London with integration of EOT for secure calling, secure messaging and secure browsing (First batch shipped)
November 2017 – BitVault® Global App Store launches for developers to develop their own applications (Achived)
November 2017 – Website EOT Payment Gateway for WordPress and WooCommerce (ACHIVED)
December 2017 – Cryptodoc stores all your documents securely and encrypted on your PC
December 2017 – Password Wallet stores all your passwords for applications and websites encrypted on your PC January 2018 – Smart Router for secure, encrypted internet which is direct, safe and easy
January 2018 – EOT Camera, an Encryption of Things connected camera
February 2018 – EOT Development Kit for hardware devices
EOT payment gateway live on swissbankinyourpocket.com, Now you can buy SBIYP and BitVault using EOT coins
More on the BitVault here:- https://swissbankinyourpocket.com/bitvault/]https://swissbankinyourpocket.com/bitvault/ https://swissbankinyourpocket.com/bitvault-apps/]https://swissbankinyourpocket.com/bitvault-apps/ https://bitcointalk.org/index.php?topic=2152534.0]https://bitcointalk.org/index.php?topic=2152534.0
JOIN US ON REDDIT : http://www.reddit.com/EncryptionOfThings]www.reddit.com/EncryptionOfThings JOIN US ON SLACK : [url=https://join.slack.com/t/eot-coin/shared_invite/enQtMjc3NzkxNzY5NzQ0LTFjMWI5NTJjOGEzYjU5ZDk0ZjRjZWE3MzBkNmI0MmQ2NTUzMTBkOGQ1YmEyNTllMmNiYzA3MGZjOGVmY2IyZGU
The EOT Token is trading on the Waves Platform, TOKENS are 1:1 image of EOT coins, EOT coins can be converted to tokens and vice versa using gateway service in SBIYP hardware wallet. if you do not have that hardware wallet, you can contact members on slack who have purchased SBIYP to do that swap for you.
TOKEN DETAILS
Name : EOT Token (Verified)
Identifier : GdnNbe6E3txF63gv3rxhpfxytTJtG7ZYyHAvWWrrEbK5
Total supply : 100,000,000
EOT token (EOT) markets added on the Tidex Exchange https://tidex.com/exchange/eot/btc https://tidex.com/exchange/eot/waves
EOT Coin details (currently minable)
https://github.com/EmbeddedDownloads/EOTCoin
windows wallet[/b] https://github.com/EmbeddedDownloads/EOTCoin/releases/download/v1.0.0.1/EOTCoin-win.exe
windows Desktop wallet[/b] https://github.com/EmbeddedDownloads/EOT-Coin-Windows-Desktop-Wallet/releases/download/1.0/EOTCoinDesktopWallet1-0.zip
MAC Wallet [/b] https://github.com/EmbeddedDownloads/EOTCoin/releases/download/v1.0.0.1/EOTCOIN-Qt-OSX-v1001.dmg
WEB wallet [/b] http://eot.digital (Closing, please withdraw your coins)
ANDROID wallet [/b] https://github.com/EmbeddedDownloads/EOTAndroidWallet/releases
Block Explorer [/b] http://www.eot.digital:3622/
Block Explorer 2 [/b] http://www.eotcoin.info (created by [b]@Luanptit[/b])
[Block reward [/b] 100 Coins, [b] ALGORITHM [/b] SCRYPT, [b] BLOCK TIME [/b] 90 seconds
MINING POOLS
Official mining pool [/b] http://www.eot.digital:3001/ Getting Started [/b] minerd -a scrypt -o stratum+tcp://www.eot.digital:3256 -u WalletAddressWhereYouWantYourMiningCoins -p 1
unofficial Mining pools http://www.altminer.net
http://antminepool.com
http://coinminers.net/
http://www.vivocryptopool.com
[red]Currently EOT is traded on WAVES DEX, Crypto-Bridge DEX and TIDEX. Big exchanges will be available soon, exchanges are in comkmunication.
Opportunities are available with EOT - from Development, Mining, Trading as well as other business opportunities built around the EOT currency and the "Encryption of Things"
[size=34px]Bitvault on Yahoo Finance https://finance.yahoo.com/news/bitvault-worlds-first-blockchain-phone-201600279.html [/size] [center][img width=770]https://i.imgur.com/UMIlRoC.png[/img][/center]
[center][size=30px]Press release 4th October 2017 [/size] [size=30px]yahoo Finance https://finance.yahoo.com/news/bitvault-announces-london-launch-161000826.html?soc_src=community&soc_trk=tw [img]https://i.imgur.com/mBDZnN7.png[/img]
Some Helpful Information
[quote author=Story777 link=topic=2091616.msg21890405#msg21890405 date=1505551168]
You have been keeping a great secret.
I've been doing a bit of research with the technology behind this coin. It looks like ALOT of research has gone into this tech, since about 2004 and shortly after a patent for this P2P system was quickly issued.
Bitvault (https://swissbankinyourpocket.com/product/bitvault/) who are using the worlds first blockchain phone as a secure communication device and ultimately taking [font=Verdana][b]encryption[/b][/font] to the Internet Of Things (IoT) keeping our personal and business data secure. All this is done using [b]EOT coin [/b](Encryption of Things).
In todays world insecure devices are rampant. Here are a couple of links about the CIA being able to use insecure devices to 'cause accidents' http://www.sandiegouniontribune.com/news/cyber-life/sd-me-wikileaks-cia-20170307-story.html and https://www.washingtonpost.com/news/innovations/wp/2017/03/08/what-we-know-about-car-hacking-the-cia-and-those-wikileaks-claims/
It's scary to think a legal entity could posses such power over life. Just the mere fact alone the governing authority can request phone records (e.g. txt msgs, voice msgs or eavesdropping) proves most if not all telecommunication companies do not encrypt, otherwise whats the point on requesting the information!? (legal or not).
Commercially sensitive information needs to be protected and most importantly in my opinion our [font=Verdana][b]rights[/b][/font] and the privacy of all citizens of the human race need to be protected.
From my understanding BitVault is a platform for reference data. This would be data that is stored for compliance reasons such as e-mails, invoicing systems and check imaging (e.g. high quality imaging for x-rays, MRI scans etc) and a prototype was developed in 2004. This would means massive amount of data storage is required with fail-safe systems so a authorised user could access this information very very quickly.
Three goals were needed to be achieved: Low cost, high reliability/availability and simplicity. This is the birth of Bitvault via EOT.
Bitvault ultimately stores immutable objects with each new version being updated and identified with a 160-bit key.
System stability is very important and must be immune to failure sequences. Parallel repair via indexing is one of the many strengths Bitvault has been able to demonstrate.
BitVault is a back-end system that uses [u][b]Applications[/b][/u] to catalog object ID's. Using a catalog utility and indexing within an application prevented scalability bottlenecking under heavy loads.
Fast forward 3 years to 2007 a very important decision was to [u][b]decentralise[/b][/u] BitVaults system. This in my opinion is one of the fundamental principles of cryptocurrency - [u][b]No one entity or person has any control of the data stored and only the authorised user can access this info[/b][/u]. Ultimate Security and thus personal safety (see above articles CIA hacks). BitVault using applications have been able to use provable communication and data storage with ease of retrieval with vital security measures.
BitVault is not alone in researching solutions for security for the IoT, such as Venti and the like are making progress, however, BitVault is 'head and shoulders' above the few competitors and are already offering practical working solutions on the market with huge scalability that is cost effective.
Well Done BitVault, well done EOT your secret is out and let the world embrace.
author=Story777 link=topic=2091616.msg21462424#msg21462424 date=1504428317]
I have had a response in Slack and it has satisfied my questions. Thank-you.
For everyone information here it is:
The currency was created with 200 Million EOT total supply on 7 July 2017 [ we showed it to the community a London Fintech week with the demonstration of the BitVault - fintechweek.com ]
100 Million was pre-mined and another 100 Million are currently being mined, 1 block every 90 seconds @ 100 coins per block.
So the pre-mined coins were listed on waves as a token so that it can create a market for the coins while we are working to get listed on other exchanges.
The 100 Million coins listed were distributed in several ways. Firstly, this was not an ICO because our business is already funded via private capital. We wanted to get the currency distributed a widely as possible. So most of the initial coins were given away to a number of interested parties. We distributed this to our whole development team, business partners, employees as well as to the waves and other communities. So we did not sell all these coins for the current price, most of it was given away for free to people that have an interest in our products and business. The price now is formed by whoever owns these coins.
The tokens on the exchange is really a representation of the currency and as such has value because it can be interchanged, just like Bitcoin and Ethereum are on the waves exchange. This whole process is explained on page 4 of the waves whitepaper, I think they call it an asset-to-asset exchange which makes it possible to list any asset that exist on waves. Unfortunately waves only has gateways currently for Bitcoin, Ethereum, Waves, Euro and USD, so we have to develop our own gateway, which will be available on Nov 1.
So to clarify 100,000,000 tokens costing $190M were not sold. It is a combination of airdrops, private sales and sales on the exchange.
Some EOT coins are needed because: "A lot of EOT will be distributed through our devices. For example our encrypted routers are pre-loaded with EOT, so we need that stock and it will be distributed that way".
And with the response to tokens on the Waves Exchange "This is how Bitcoin works on waves: - They created 21 Million BTC Tokens.. When you deposit Bitcoin into waves account, you receive an equal amount of tokens which you can either trade or even sent via the waves blockchain to another user.. Once you withdraw your tokens are exchanged for BTC and you receive it back into your BTC wallet.. Exactly the same for USD or EUR - You don't send Euro's to another client on waves if you transfer - you send a token that represents EUR -- This works exactly the w0083".
These are the answers I was looking for and make a lot of sense now. This is indeed an exciting project. :)
It's time to trade....
Now I have one question left....
Is there anyone using NiceHash to mine this coin?? I keep being disconnected because of the difficulty being too low. Can any one help?
[quote author=Shews link=topic=2091616.msg22876983#msg22876983 date=1507755312] EOT (coin) is now tradable on the CryptoBridge Decentralised Exchange, you can sign up below.
Please note this is for the EOT COIN ONLY, do not send tokens to this dex. This is a secure means to trade with the backend being on a blockchain. It is still in beta stage but has been working flawlessly so far. If you'd like more info I will post their website link is below.
https://wallet.crypto-bridge.org/?r=388691
You can sign up with a local wallet mode, meaning you are the only one with access to your keys, this is most secure. There is also the option to sign up with and account if you require access to you funds on the go.
More info:
https://crypto-bridge.org/
submitted by johningreece to crypto_currency [link] [comments]

Here Is a Summary of the Most Popular Payment Gateway Solutions

We recently posted a question about what payment gateways you used and why (you can see that Q here ), and wanted to follow up with a summary of some of the most popular ones out there should you be looking to compare solutions:
Braintree
Braintree has become a competitive payment gateway since its launch in 2010. Eventually getting acquired by PayPal, Braintree now operates as a “PayPal Company” and could be one of the most progressive movers in the payment industry.
They accept payments from PayPal, Apple Pay, Android Pay, Venmo, and even Coinbase (bitcoin)! And, of course, they process traditional online payments as well. What’s notable about the company is their expansion into alternative payment methods. If your target demographic purchases through one of these alternative methods, you might consider Braintree as your payment gateway.
Supported Platforms: Bigcommerce, Magento, Spree Commerce, WooCommerce, Shopify (See other integrations here )
Processing Rates
Contract
There are no contract requirements with Braintree, and you get to take all of your customer data with you for free!
Clients: Bonobos, Airbnb, Uber, Casper, and more
Stripe (what we prefer to develop with)
Stripe began with a simple purpose: make it simple for businesses to do business online. They have a bit of a different appeal in that they build for developers, not merchants. This is an interesting approach for the company and shows their true vision is in the future.
By listening to and working with developers first, the company can be on the forefront of building progressive payment solutions. This was the case with their recent launch of Relay for Stripe.
If it is important for your company to be on top of capturing sales in a “non-traditional way” (through a third-party app, via marketplace, through subscriptions), then Stripe could be the right solution for you.
Supported Platforms: Bigcommerce, Shopify, WooCommerce, Magento, Spree Commerce (see other integrations here )
Processing Rates
Contract
There are no contract requirements, but you must have to agree to the Terms of Service & Privacy Policy.
Clients: Harry’s, Fitbit, Task Rabbit, Lyft, and more
Authorize.Net
Authorize.Net has been in the payment processing space for a while – since 1996. Because of its seniority in the space, this provider has maintained a decent portion of the payment gateway market share. Like the above-mentioned gateways, Authorize.Net provides similar fraud protection services, subscription capabilities, and simple checkout options.
The downside is that if you need to transfer your data, you cannot do it as seamlessly as Braintree’s free migration service. If you want to eventually leave Authorize.Net you will have to redo the entire process of collecting payment information from your clients for recurring billing and payment method. Not fun for you or for customers. On the bright side, Authorize.Net has a friendly interface and allows you to get fairly granular with your security settings so this is a nice plus for your development team (learned this from blk_slp)
Supported Platforms: Bigcommerce, Shopify, Volusion, WordPress, Magento (see other integrations here )
Processing Rates
Contract
Authorize.Net has a month-to-month option with no early termination fees, but if you choose to go through a reseller, you may encounter a contract and termination fees. Here is a detailed list of the “fine print” of their services agreement.
PayPal
The name “PayPal” is synonymous with online payments because they spearheaded the movement back in the late 90s – and they’re still going strong today. As mentioned above, they’ve acquired Braintree and now have that and Venmo under their belt. PayPal has also since separated from eBay, so they are one powerful and progressive entity on their own.
PayPal is a great alternative or “back up” solution to any other gateway solution you may have on your site. You can, of course, use it as your sole solution, but many brands have it as an alternative choice at checkout. Why? It’s a time saver and an alternative to people who do not wish to dole out their credit card info to every retailer they are purchasing from.
With over 165 million users it’s definitely a trusted platform, and chances are a good portion of your demographic has a PayPal account. This could be a good “backup” gateway for you to implement and do some A/B testing on your checkout experience. It could be the difference in making or losing a sale.
Supported Platforms: ALL. Since PayPal usually redirects to its own site, no platform integration is necessary. If you want to integrate with PayPal Express, the redirect is skipped entirely and the necessary information is provided by the Express API.
Processing Rates
Contract
Paypal does not have a contract obligation and you can cancel at any time. You do have to comply with the PayPal user agreement which you can read in full here.
Clients: You can see an exhaustive list of PayPal’s store directory here.
Amazon Payments
Amazon Payments launched in 2007 with the goal of providing users the same checkout experience they recieve from Amazon.com on other sites. Like PayPal, your customers’ transaction(s) can be conducted through Amazon Payments without leaving your website (conducted “inline”).
A plus about Amazon Payments is that your customers can have access to their 1-click shipping options, which is a feature of the Amazon.com checkout that highly increases conversions. If your customer base shops on Amazon, introducing this feature could greatly speed up your checkout process and, therefore, increase conversions.
Supported Platforms: Magento, Shopify, WooCommerce, Volusion (see other integrations here )
Processing Rates
Contracts
Amazon Payments does not operate on a contract and you can cancel your account anytime. Read more about cancellation here.
Clients: Patagonia, Jockey, Honest.Co, Blick, and more
Orbital Payment Gateway by Chase Paymentech
Chase is quite a big name to be moving in the payment gateway space. Naturally, it comes with pros and cons. One of the pros of choosing Orbital Gateway as your solution is that you may be able to get a much lower processing rate than offered by any company listed here (more on that below).
The main con stems from dealing with such a large entity. When companies are this large, they have problems maintaining customer service and providing a high quality product. Don’t expect the level of customer service from Chase that you’d get from PayPal. So, the processing rate is attractive, but it comes at a cost. Additionally, reviews of this gateway show that Orbital is very good at tailoring their pricing to the business versus a flat-rate for all types. If you are looking to lower your cost on processing rates, Orbital may be the right solution for you.
This solution has, however, racked up a lot of negative reviews.
Supported Platforms: Magento, Shopify, WooCommerce
Processing Rates
Contract
Orbital Gateway has now moved away from a contract agreement (though if you purchase through a reseller you may still encounter this) and is now on a monthly model. However, if you sign up to receive equipment from Orbital, you will probably encounter a 24-month service agreement.
World Pay
Another one of the original online payment providers, WorldPay started processing online payments in 1994. They are a global solution and have over 150,000 clients in the U.S. alone. However, because they are such a large company their customer service suffers.
Additionally, there may be some cancellation fees depending on what your WorldPay rep sets you up with in the beginning (more on that below). WorldPay is attractive in its lower rates, but it seems to be laced with fees and charges. Like Orbital, if you are looking for a lower processing rate, this gateway could be the right solution for you – but it’s going to come with a tradeoff. Overall, this solution seems outdated in both interface and pricing model. Our advice would be to read as many reviews as possible before using this solution.
Supported Platforms: BigCommerce, Magento, Spree Commerce, Shopify, WooCommerce
Processing Rates
Contract
With WorldPay, you have a contract of 3 years. Should you choose to cancel early, your fees can be anywhere from $95 – $295. You can read more about their contracts and cancellation fees here, and also take a look at the actual Terms & Conditions on their site.
That wraps it up! Thanks to the users who gave feedback in the original question - your insight helps so much. Especially from a developer's perspective as many people in this sub are owners/biz devs so it helps to have the technical perspective.
submitted by bluestoutdev to ecommerce [link] [comments]

A quick guide to accepting bitcoin as a small online merchant.

In the interests of helping encourage more merchants to accept Bitcoin I thought I would share a quick guide I wrote on my experience and success as a small online merchant accepting Bitcoins for a physical product.
My website is built on WordPress and the store is powered by WooCommerce so this tutorial will work with that foundation.
You will need:
WordPress, WooCommerce and the Bitcoin plugin used in this tutorial are all free.
Getting a Bitcoin address - I use a local exchange account to accept my Bitcoin deposits, then move them to my secure wallet. The online account provides a Bitcoin address to make deposits into. The Electrum Bitcoin client also provides a very secure, easy to use wallet and is actually recommended over using an online exchange.
Ok, getting to the install - In WordPress, click on Plugins, Add New, search for 'Bitcoin Payments for WooCommerce' then click install.
You can read more about the plugin on wordpress.org at http://wordpress.org/extend/plugins/bitcoin-payments-for-woocommerce/ and the author's website is http://www.bitcoinway.com/ Note: I am not the author and have no relationship other than having used the plugin and made a donation (in Bitcoins of course) to show my appreciation of their work.
Once you have the plugin installed, setup is very simple.
1) In the WordPress tool panel you will see a new entry 'Bitcoin'. Click on this and you are presented with the following options:
Bitcoin Payments for WooCommerce - enable 'soft (wordpress) cron job' Which will automatically update your order status when the Bitcoin payment has been received.
2) From the WordPress tool panel, Click on WooCommerce, Settings, Payment Gateways, Bitcoin
Bitcoin Payments for WooCommerce
I am using the Blockchain.info API to confirm the transactions but the Electrum option is faster and even more secure.
Save your settings and voila! you are now accepting Bitcoins as a merchant.
When a customer makes a purchase through Bitcoin, the order will post in WooCommerce and the Bitcoin plugin will mark it as 'pending payment'. In WooCommerce, open the order and scroll down, you will see a Bitcoin address. This is the address given to the customer to deposit their payment, it will change with each new order but will end up in your original account. Once the payment has been confirmed 6 times through blockchain.info the Bitcoin plugin will mark the order as 'paid'. You will also see the funds in your online account after it has confirmed 6 times (some online accounts may vary the number of confirmation, but 6 seems to be the standard).
If you would like to watch the payment being confirmed, you can simply go to www.blockchain.info and paste the payment address into the search box and you can see if the customer has made the payment and watch the confirmation count.
If you are selling a physical product, you can then ship the product. If you are selling a downloadable product, WooCommerce will send the customer their link to download once the payment has been confirmed and marked as 'paid' in the system.
Last but not least, did you notice there was no mention of processing fees? Accepting Bitcoin is free! You can incur fees switching back and forth from fiat currency, but the best thing to do is accept Bitcoins and then use them for things that you need to buy.
One additional note - In the interest of promoting Bitcoin as a currency, I offer a discount if people are buying with Bitcoin. You can easily do this using the exchange rate multiplier noted above. Example - if you wanted to offer a 20% discount you would enter.8 in the Exchange rate Multiplier field.
Another option is to use a coupon that only applies if you pay with Bitcoin. If you just create a regular coupon in WooCommerce, buyers could use it with any payment option.
To make this happen I use the plugin WooCommerce Payment Discounts. http://wordpress.org/extend/plugins/woocommerce-payment-discounts/
There has been a great deal of attention to Bitcoin daytrading and 'investing' in Bitcoins. Speculation is tough on any currency, especially an emerging one like Bitcoin. The best way to help support Bitcoin and foster solid growth is to accept and use Bitcoin as a currency - what it was meant for in the first place.
If you are a merchant looking to accept Bitcoin, feel free to ask any questions. I am new to this, but happy to share what I have learned. If you happen to see any glaring errors or have suggestions, please let me know as well.
submitted by ninjastik to Bitcoin [link] [comments]

WooCommerce WordPress Bitcoin Payment Gateway Plugin from SpectroCoin Instant Bitcoin Checkout for WooCommerce How To Use Stripe Payment Gateway  Woocommerce Stripe ... Accept Bitcoin Payments on WooCommerce – Bitcoin Gateway Plugin from TheBigCoin Stripe Woo Addon for Cards Alipay Bitcoin

Payment Gateways for WooCommerce Sign up for free Get access to customer-only benefits. Extensions Store Payments Take payments with the provider that’s right for you - choose from 100+ payment gateways for WooCommerce. WooCommerce - the most customizable eCommerce platform for building your online business. Get Started 30 day money back guarantee; Support teams across the world; Safe ... This plugin implements a payment gateway for WooCommerce to let buyers pay with Bitcoin, Litecoin, Ripple, and other cryptocurrencies via CoinPayments.net. Installation. Upload the coinpayments-payment-gateway-for-woocommerce directory to the /wp-content/plugins/ directory. Activate the plugin through the ‘Plugins’ menu in WordPress. In the WooCommerce Settings page go to the Payment ... This plugin implements a payment gateway for WooCommerce to let buyers pay with Bitcoin, Litecoin, Ripple, and other cryptocurrencies via CoinPayments.net. Instalação. Upload the coinpayments-payment-gateway-for-woocommerce directory to the /wp-content/plugins/ directory. Activate the plugin through the ‘Plugins’ menu in WordPress. In the WooCommerce Settings page go to the Payment ... We integrate payment gateways to calculate the shipping cost in total and adjusting it to the billed amount accordingly, else you will lose more than you earn. We can enable option to calculate shipping for locations, weightage, delivery type and time. SSL & HTTPS: Security is the most prior concern of a customer when paying online and that’s what you have to think else you can get into ... Updated to support WooCommerce 2.3.0; 1.0.6. Adds support for 0-confirm payments (for digital downloads.) Changes plugin so it will continue to log payment status updates even after marked as paid. 1.0.5. Adds option to not send shipping information to the CoinPayments.net checkout page. Possible workaround for WooCommerce order ID bug. 1.0.4

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WooCommerce WordPress Bitcoin Payment Gateway Plugin from SpectroCoin

Now it is possible to have instant bitcoin checkout in your WooCommerce web-store. Free and simple, learn how. Cryptoo.me: https://cryptoo.me Instant Bitcoin... Join The 1st Wordpress Social Platform! Register NOW: https://www.wpfriends.com In This Stripe Tutorial, I show you how to use the stripe payment gateway and... Accept Bitcoin Payments on WooCommerce – Bitcoin Gateway Plugin from TheBigCoin - Duration: 2:33. TheBigCoin 6,628 views. 2:33. AtomicPay - Non-Custodial Crypto Payment Gateway - Duration: 2:07 ... This video demonstrates use of stripe checkout as hosted payment gateway for woo commerce with cards alipay and bitcoin support Accept Bitcoin Payments on WooCommerce – Bitcoin Gateway Plugin from TheBigCoin - Duration: 2:33. TheBigCoin 5,710 views. 2:33. WooCommerce Checkout Settings - Tutorial PayPal, Cash on Delivery ...

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