Binance Pay Payment Gateway for WooCommerce 1.0.2

The Binance Pay Payment Gateway for WooCommerce is a plugin that allows merchants running a WooCommerce store on WordPress to accept cryptocurrency payments through the Binance Pay system.1 It offers a secure, borderless, and low-fee alternative to traditional payment methods.2

🪙 Key Features

Crypto Acceptance: Merchants can accept payments in over 70 cryptocurrencies, including major coins like USDT, BNB, BTC, and ETH.

Seamless Checkout: It provides a smooth checkout experience where customers can choose Binance Pay as a payment option.3

Reduced Fees: Binance Pay aims to reduce the transaction fees typically associated with processing cryptocurrency payments.4

Security: Transactions are processed securely via the Binance platform.5

Order Status Management: The plugin helps manage order statuses in WooCommerce:6

Successfully paid orders typically show as "Processing."7

Orders pending payment show as "On Hold."

⚙️ Setup Requirements

To use the plugin, you must meet a few requirements:

Binance Pay Merchant Account: You must register for and activate a Binance Pay merchant account and complete the necessary KYC (Know Your Customer) and KYB (Know Your Business) verification processes.8

API Keys: You will need to generate and enter the API key and Secret key from your Binance Pay merchant account into the WooCommerce plugin settings.9

Software: You need compatible versions of WordPress (v5.3+), WooCommerce (v3.9+), and PHP (v7.1+).10

💡 Installation and Configuration

Installation: The plugin can be installed directly from the WordPress Plugin Marketplace by searching for "BinancePay Checkout for WooCommerce" by Binance, or by uploading a ZIP file.11

Configuration:

Navigate to WooCommerce > Settings > Payments in your WordPress admin.12

Enable the Binance Pay method.

Select Manage and input your API Key and Secret Key.13

You are generally required to price your goods in USD, and Binance handles the currency conversion from crypto.

This plugin allows WooCommerce stores to tap into the growing market of crypto users and offer a modern, secure payment alternative.14

This video provides an introduction to Binance Pay, including its advantages for e-commerce, which is essential context for the plugin. Binance Pay - Gateway to e-Commerce?