GrineoPay Launches WooCommerce Crypto Gateway with Flat 0.5% Fee
News related to:GrineoPay · 2 min read
GrineoPay, a global cryptocurrency payment gateway, has launched a new WooCommerce plugin designed to slash e-commerce processing costs for online merchants. The plugin, which introduces a flat 0.5% fee per transaction, aims to provide a more cost-effective alternative to traditional payment processors that typically charge 2.9% plus fixed fees.
The GrineoPay Crypto Gateway plugin supports a comprehensive range of major cryptocurrencies and stablecoins, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Litecoin (LTC), Monero (XMR), Dogecoin (DOGE), Cardano (ADA), Tron (TRX), Tether (USDT) across multiple networks, and USD Coin (USDC) across multiple networks. This wide range of supported assets ensures that merchants can accept payments in the digital currency of their choice, enhancing flexibility and reducing the risk of chargebacks.
The plugin is built natively for the WooCommerce ecosystem, offering full compatibility with both WooCommerce Classic Checkout and the newer WooCommerce Blocks Checkout. Additional merchant-friendly features include a seamless native modal checkout experience, webhook-based automatic order status updates, configurable minimum order amounts, optional checkout discounts to incentivize crypto payments, and a built-in admin diagnostics panel for quick troubleshooting. The plugin also advertises support for recurring subscription flags, making it compatible with WooCommerce Subscriptions extensions.
From a security standpoint, the plugin enforces end-to-end SSL/TLS encryption, secure webhook signature verification, server-side validation of crypto asset availability, and automatic sanitization of stored API credentials. No sensitive payment data is stored on the merchant's server, and the entire customer payment flow operates on a non-custodial basis, ensuring that transactions are irreversible and secure.
GrineoPay is currently available to merchants worldwide, excluding restricted jurisdictions. Businesses can create a free merchant account, configure their payout wallets, and begin accepting crypto payments within minutes by visiting the official GrineoPay platform. The company's mission is to empower merchants to accept digital asset payments securely and with ultra-low transaction fees, bypassing the friction, high costs, and limitations of legacy banking systems.
The launch of the GrineoPay Crypto Gateway plugin is part of a broader trend in the e-commerce industry towards more efficient and cost-effective payment solutions. As the global E-Commerce Platforms Market continues to evolve, GrineoPay aims to play a significant role in shaping the future of online commerce by offering a cutting-edge payment gateway that caters to the needs of modern businesses.