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How Do I Accept BTC Payments on Shopify?

Last updated on October 2, 2022 @ 1:52 am

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. It is an open source software released under the MIT license. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Bitcoin can be used to pay online and in physical stores just like any other form of money. BitPay provides tools and reporting for merchants to view successful payments and manage their own refunds in Bitcoin. We also offer the ability to accept tips/gratuity from customers in Bitcoin.

To start accepting Bitcoin on Shopify, you will need to create a Shopify account if you don’t have one already. Then, sign up for a BitPay merchant account to begin accepting Bitcoin payments through Shopify. After your BitPay account is created, follow these steps:

1) Log in to your Shopify account
2) Go to “Settings” > “Payment providers”
3) Under “Alternative payments”, select “BitPay”
4) Enter your BitPay email address and API key (from your BitPay merchant dashboard)
5) Click “Activate BitPay”
6) You’re all set! Start processing Bitcoin payments through Shopify

Now that you’ve activated BitPay on Shopify, you’re ready to start accepting Bitcoin payments from customers around the world!

PRO TIP: Please be aware that accepting BTC payments on Shopify is a risky proposition. There is no guarantee that you will receive payment for your goods or services, and you may end up losing money if the value of BTC falls.
Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.