How to Accept Monero Payments uploaded to blog.makepostsell.com


Description

How to Accept Monero Payments

MakePostSell now supports cryptocurrency payments through Monero (XMR)! To accept crypto payments, simply add your cold wallet address to your shop settings, and the Monero payment button will automatically appear at checkout.

Crypto Settings Configuration

Navigate to your shop's settings page and look for the "Crypto Settings 🪙" section:

Payment Risk Thresholds

  1. Medium Risk Threshold ($):
  2. Orders below this amount require minimal confirmations

  3. Default: $10.00

  4. High Risk Threshold ($):

  5. Orders above this amount require maximum confirmations

  6. Default: $100.00

  7. Cryptocurrency Quote Expiry Time (seconds):

  8. How long cryptocurrency payment quotes are valid
  9. Range: 300-7200 seconds
  10. Default: 3600 seconds (60 minutes)

Monero (XMR) Configuration

  1. Cold Wallet Address:
  2. This is the only requirement to accept Monero payments
  3. Enter your cold wallet address where this shop's Monero funds will be swept
  4. Once configured, you'll see: "✓ Monero wallet configured and ready to accept payments"

Important Note: We cannot verify you control this address. Please double-check it's correct! Consider sending a small test amount from another wallet to verify.

How It Works

  1. Automatic Integration: Once you add your Monero cold wallet address, the system automatically enables crypto payments for your shop.
  2. Checkout Experience: Customers will see a Monero payment option alongside traditional payment methods at checkout.
  3. Crypto Cash Register: Our automated crypto cash register processes cryptocurrency quotes for shopping carts in real-time.
  4. No Human Intervention: The entire process is automated with no humans in the loop.
  5. Refund System: Built-in automated refund capabilities for crypto transactions.

Benefits of Accepting Monero

  • Privacy-Focused: Monero offers enhanced privacy features for both merchants and customers
  • Lower Fees: Cryptocurrency transactions typically have lower fees than credit card processing
  • Global Reach: Accept payments from customers worldwide without currency conversion hassles
  • Optional Integration: Use Monero alongside or instead of traditional Stripe credit card processing

By following these steps, you can set up and customize your shop on MakePostSell, making it ready for customers and transactions with both traditional and cryptocurrency payment options.





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