As well as our usual offering of personal accounts we now accept applications for business accounts on the CoinCorner website.
Accept Bitcoin via CoinCorner Checkout
With this announcement comes the introduction of our new product, CoinCorner Checkout, which allows CoinCorner business account holders to accept Bitcoin payments for their goods or services through a website plugin that can be downloaded from their account.
CoinCorner Checkout is available for sites that use WooCommerce, OsCommerce or Opencart as their e-commerce platform, and will soon be available for Magento users too.
Why use CoinCorner Checkout?
Easy To Use
Installing our plugin to your checkout process will allow you to seamlessly accept Bitcoin payments on your site. Your customers will be shown a QR code which they can scan to pay for your goods or services in Bitcoin, once payment has been completed the funds will show in your CoinCorner business account balance in GBP. Exposure to the Bitcoin price volatility is removed by locking in the price at the time of purchase for 10 minutes.
A full Order History can be found in the Orders tab, this will show all orders received via CoinCorner Checkout. In your Order History you will see the date and time of the order, the order ID, the item purchased, amount purchased for and the order status (completed, expired, cancelled). Clicking into an order will also give more information including the BTC amount and remitting wallet address.
If you don't have a website that accepts payments you can still use CoinCorner Checkout to receive payment in Bitcoin. You can create invoices in your account that can be sent via email for your customer to pay, or generate an invoice via a link that takes the customer to the CoinCorner Checkout to pay.
Create Checkout Buttons
You can also create checkout buttons in your CoinCorner account that can be used on your site to redirect your users to the payment screen. All you need to do is enter the item information and URLs we ask for on the Payment Buttons page and click a button to create your checkout button.
You can process refunds on a purchase within a few clicks in your CoinCorner merchant area. Refunds will be processed back to a customer in Bitcoin at the current price at the time of the refund. Customers may receive a different amount of Bitcoin than they originally sent due to movements in the price, but the fiat value will always be the same. The refund process is completely free for you as a CoinCorner business account holder, we cover all the fees for you.
A full guide on how to register and verify your CoinCorner business account can be found here.
Need more guidance? Feel free to get in touch with our Support team by submitting a query on our Contact Us page.