Are you fond of Bitcoin?
Turns out many people nowadays are. In fact, the virtual currency has become so popular that its inclusion in payment options is now a frequent request to web developers of E-commerce websites.
Integrate Bitcoin Into Your Website
This article will help you establish a simple page for Bitcoin transactions. It will allow users to enter their e-mail, make a purchase and proceed to the payment page. It will provide users the ability to enter their Bitcoin wallet address and make payments easily. The purchased item in this example will be sent by e-mail.
Setting Up The Page
We’ll be using Slim. To install it, we’ll need to create a composer.json file. Here’s how it’s done:
Run composer install set the dependencies and create a views folder and public folder with an index.php file placed inside.
You can then use the Slim app by opening the index.php file. Here’s how you should do it:
The home route is a basic HTML page with a form for making purchases.
All we have to do now is add the home.PHP file to the views folder.
Now, you’ll have to sign up for BIPS and Mandrill. To generate an API in BIPS, go to the Merchant tab and generate your invoice API key. In Mandrill, you have to go to the SMTP & API Credentials page to get your API key.
The post route we’re about to add next is going to make an API call for invoicing.
To finalize the purchase, you’ll need to create a secret key and a callback URL and add them in the BIPS panel’s Merchant tab. We’ll finish the page with the following:
Bitcoin: Understanding The Virtual Currency
While creating a customer landing page or adding a Worldwide currency converter to your website might be easy, Bitcoin terminals are considered a particularly picky topic.
What’s Bitcoin?
Bitcoin is a P2P ( peer-to-peer ) currency which is developed to remove the need of trusted third-party authority. The Bitcoin system uses cryptographic hashes to provide the needed security of the currency transfers. Bitcoin isolates banks, agents, and government authorities,making currency transfers cheaper and more secure.
The process of Bitcoin currency exchange between two parties is hashed and appended to the global log. Bitcoins can be publicly traced back to the source making it extremely easy to determine who the money belongs to.
Bitcoin As a Popular Payment Form
Having understood that, you can now see why Bitcoin is developing in such a strong player in the worldwide economic system. There are, of course, some speculations that state the currency is going to fail miserably in the upcoming years. Even one of the main developers on the Bitcoin project stated so.
Then again, Bitcoin development is still “under construction” and there are quite a few uncertainties among web admins about whether or not the currency will endure the constant changes in the world economics. Just like we see the 1 EUR to USD exchange rate shifting each day, some are afraid Bitcoins might soon face extinction. Yet, despite the speculations of a possible denomination, it is a promising currency that both webmasters and clients look forward to seeing adopted by the E-commerce business.
Conclusion
Even if the fate of the cryptocurrency is still uncertain providing your customers with a wider range of options when making their purchase won’t hinder your website’s reputation. Now that you’re familiar with the integration process, you can proceed to test it out yourself. This moment is perfect for making an A/B test so make sure to make the required measurements of current traffic conversion, interactions, and behavioral changes.
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