Monero Payments

What is Monero payment?

Monero is an open-source cryptocurrency that emphasizes privacy, anonymity, and decentralization. Where other cryptocurrencies use a public ledger, Monero uses an obfuscated public ledger. Here, anyone can send transactions, but outside observers can’t see the sender, recipient, or the amount involved. It uses a Proof of Work mining algorithm to create coins and award miners for validating the transactions.

The talk about Monero started when a Bitcointalk forum user forked the Bytecoin repository and named it BitMonero. However, after it was poorly received, Johnny Mnemonic and several other developers took over the project and changed the name to Monero.

Monero Payment Benefits:

Maximum privacy
You can accept Monero payments to benefit from untraceable transactions ensuring complete anonymity
Speed and scalability
Monero users do not have to wait more than a couple of minutes for the transactions to be complete
Quality development
Check out Monero development roadmap

Here you can learn more about Monero

How to Accept Monero on Your Website?

Paying with Monero has many benefits, and we made sure to keep the integration varied, yet simple. NOWPayments provides low transaction fees (up to 0.5%), fast and secure service, and we don’t hold onto your payments in any way, but rather provide a gateway for the funds from the customer’s wallet onto your account.

We’ve made sure to keep the process very simple! Follow the steps below to accept Monero on your website:

First, you need to sign up for a NOWPayments account. The process shouldn’t take more than a minute!
Next, you need to select the cryptocurrency to use and add a new API key to use for transactions. Go to Store settings and click on Add new Key.
Paste this API key in the required place for any type of Monero payment gateway. It can be our widget, button, or invoice module.
The integration will be active on your website, and you’re ready to accept payments in Monero!

NOWPayments offers extremely low transaction fees, and we can also allow customers to pay with coins other than Monero. In these cases, the assets are converted into Monero using a third-party exchange service, so your customers have a smooth experience, and you still receive your payment in Monero!

Set up account

Choose your
integration

Place the pay button
on your website

Get profit

Monero Payment Methods

Monero widget

Featuring a Monero payment widget on your widget is a great way to stay modern, and show users you care about their privacy. The widget is fully customizable, and it allows Monero transactions without users having to leave the page. It's a super convenient solution for websites that are about fast and simple transactions.

Monero button

Nothing beats a simple, yet elegant Monero payment button! The button is customizable, and clicking it will open our page. Here, customers need to fill in their wallet data before their transactions are confirmed. It can make a great checkout button to allow users to pay with Monero. Also, it can be used for donations and fundraisers in cryptocurrency assets.

Invoices

Many users are accepting cryptocurrency invoices as the future. Also, when the cryptocurrency offers security and privacy like Monero, it makes such invoices extra safe. With NOWPayments, you can easily create, charge, and manage invoices straight from your account. Make sure to check it out!

API

NOWPayments provides you with a reliable API that takes just a few seconds to start. All you need is just sign up, specify your outcome wallet, and generate your personal API in a click.

Plugins

We also offer useful plugins to provide Monero payments on Shopify, WordPress, WooCommerce, OpenCart, and many more! It's as easy as installing a plugin and customers will immediately see paying with XMR as a new payment option!

Accept Monero Payments

Frequently Asked Questions

What is the service fee?

The service is fee is one of the lowest available and it depends on your discount. It goes up to 0.5%. To keep our service available to holders of many cryptocurrencies, we enable automated crypto conversions. If there is such a conversion involved during the transaction, our exchange partner can also charge a fee of up to 0.5%.

What is the minimum payment amount?

With the exception of several coins, the minimum payment varies between $3 and $5. The minimum amount varies based on the transaction pair involved. However, we work to provide the best possible service, and we try to lower these amounts whenever we can!

Do you accept coins other than XMR?

Yes, we do! A whole lot of them, actually, We also keep an eye on the crypto market and add support for new coins you can use to receive payments on your website! Even if certain coins aren’t officially supported by NOWPayments, we often use automated exchanges to make sure your customers don’t leave your website because the coin is not supported! To use other cryptocurrencies instead of XMR, navigate here and choose a supported coin from the list!

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