by claytantor
1 (0 reviews)
Rapaygo For WooCommerce
With rapaygo Payment Gateway for WooCommerce, you can start accepting Bitcoin payments on the Lightning Network in minutes on your Wordpress based sit …
Tested up to WP 6 (Current: 7.0.2)
vtrunk
Current Version vtrunk
Updated 4 years ago
Last Update on 15 Jul, 2022
Refreshed 11 hours ago
Last Refreshed on
Rank
#53,899
—
No change
Active Installs
1+
-50%
KW Avg Position
105
—
No change
Downloads
700
+1 today
Support Resolved
0%
—
No change
Rating
20%
Review 1 out of 5
1
(0 reviews)
Next Milestone 10
0+
10+
53,108
Ranks to Climb
-
Growth Needed
8,000,000
Active Installs
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Rank Changes
Current
#53,899
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1.0
0 reviews
Overall
20%
5
0
(0%)
4
0
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3
0
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2
0
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1
0
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Tracked Keywords
Showing 1 of 1| Keyword | Position | Change | Type | Updated |
|---|---|---|---|---|
| lightning network | 105 | — | Tag | 16 hours ago |
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- Version
- trunk
- Last Updated
- Jul 15, 2022
- Requires WP
- 5.7+
- Tested Up To
- 6
- PHP Version
- 7.0 or higher
- Author
- claytantor
Support & Rating
- Rating
- ★ ☆ ☆ ☆ ☆ 1
- Reviews
- 0
- Support Threads
- 0
- Resolved
- 0%
Keywords
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Frequently Asked Questions
Common questions about Rapaygo For WooCommerce
The Lightning Network is a simple, fast, and inexpensive way to pay merchants with Bitcoin. It uses a payment network of thousands of “nodes” that create payment channels across the world. It uses a payment unit called “SAT”, which is short for “satoshis” which makes it easier to communicate about prices. 1 Bitcoin is equivalent to 100 million satoshis.
rapaygo.com exclusively accepts Satoshis on The Lightning network for a few reasons: The Lightning Network doesn’t charge merchants or customers high fees and chargebacks allowing us to pass savings on to our customers. The Lightning Network has instantaneous settlement, allowing you to manage your inventory and finances with more agility. We want people in the real world to adopt Bitcoin for uses in the real world as an alternative to fiat currency. We believe that the Lightning Network is the future of e-commerce.
Rapaygo is not an exchange. No onramps/offramps to fiat, that's where the regulatory stuff starts getting meaningful. Essentially rapaygo is just providing merchants a temporary wallet for barter with SATs. Asset law and taxation does apply but for the merchant, not rapaygo. Rapaygo allows the merchant to export the required data to work with common accounting applications lile Quickbooks so your accountant can apply the appropriate legal tax codes to your use of crypto as a method of exchange.
No. Essentially rapaygo is a custodial Bitcoin wallet with services that make using crypto as a form of exchange easier for small merchants, just like blue wallet or breeze. Our key difference is that we are highly focused on small merchants in real world use cases and providing extended merchant tools.
FinCEN has proposed requiring custodial wallets to collect and report KYC information on hosted wallets for transactions up to $3,000. For this reason we do not permit transactions greater than $2,500 USD on the platform.
Your personal information, email address, and all data is encrypted in our database and we NEVER share your email address with anyone.