Monero (XMR) is a private, secure and untraceable cryptocurrency launched in April 2014 which operates on the blockchain concept. According to Monero, users are in complete control of their funds and privacy no one else can see anyone else’s balances or transactions. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Monero is also untraceable as transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.
With its non-traceable transaction history, participants are part of a much safer network with no risk of having their held units refused or blacklisted by others. These advantages have fuelled the rapid adoption of Monero as a means for payment.
Monero is described as cash for a connected world. Being fast, private, and secure, you can spend safely, knowing that others cannot see your balances or track your activity. This has led to an increase in people wanting to make XMR payments for goods or services.
To cater for the increasing needs of individuals and businesses looking to accept XMR payments, specialist providers are available for the purpose of processing these transactions via a Monero payment gateway. This is a decentralised payment platform enabling merchants to accept XMR transactions while incurring lower costs as there are fewer intermediaries involved.
Accepting XMR payments on your website is an excellent decision which will allow you to take advantage of the current trends and cater for potential future consumers. At the same time, you can fuel your business’s expansion by providing a payment service that will make you stand out from the competition. Getting started is a simple procedure and the popularity and growth of Monero as a payment method has made integrating a merchant account fast and easy. All that is needed is an initial set up, then you’ll be ready to start accepting XMR.
Plisio service allows you easily to get payments in the most popular cryptocurrencies, including Monero. And to make operations easier, all received payments are automatically calculated in EUR / USD or in XMR, depending on the parameters you set.
To integrate our payment gateway on your site, choose:
- One of the ready-made Plisio integrations for e-commerce content management systems or web-billing platforms
- API for a developer that can be customized for any website and other platforms
- Payment buttons for accepting donations or simple payments (for example, if you sell only one or a few products)
To start accepting Monero, as well as Ethereum, Litecoin and other cryptocurrencies, first sign up. Then create API credentials if you are going to use our e-commerce plug-ins or APIs. If not, just create your payment button.
To keep all payments received in a cryptocurrency (i.e. receive payments in xmr) on Plisio, verification is not required.