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mobnepal
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Activity: 1218
Merit: 1006
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March 15, 2018, 11:34:36 AM |
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Coinpayments offers same or even better service for just 0.5% transaction fee and bitpay take around 1% service fee.
You are asking large sum on start of the year and only offer yearly package which might not be suitable for some early merchants. Also 3 transaction per month for free is nothing, increase it to some big numbers if you want some customers to try your service.
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MyCryptoCheckout
Copper Member
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Activity: 15
Merit: 0
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March 15, 2018, 10:16:30 PM |
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Edward from MyCryptoCheckout here. Coinpayments offers same or even better service What do you mean by "better service"? big numbers How many transactions per month were you thinking would be a good and fair number for both us and our users?
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examplens
Legendary
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Activity: 3444
Merit: 3468
Crypto Swap Exchange
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March 15, 2018, 10:22:59 PM |
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Edward from MyCryptoCheckout here. Coinpayments offers same or even better service What do you mean by "better service"? big numbers How many transactions per month were you thinking would be a good and fair number for both us and our users? Or maybe to try first few months with an unlimited number of transaction monthly. Then you can get much more new users who will try your plugin(he'll probably help you to improve them if there any bugs) "better service" means "checked and safe", also I would always take x% transaction fee than xx% yearly.
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MyCryptoCheckout
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Activity: 15
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March 15, 2018, 10:35:46 PM |
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"checked and safe" Safe? The coins go peer-to-peer, directly from the buyer to the seller wallets. The seller can use any wallet they prefer and we never come into contact with the coins, unlike the vast majority of services out there such as Coinpayments or Bitpay. I don't understand what could be safer? "I would always take x% transaction fee than xx% yearly." We don't charge any yearly percentage. It's a flat-fee for unlimited transactions per year. Why would you prefer a % per transaction and numerous TXs?
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examplens
Legendary
Offline
Activity: 3444
Merit: 3468
Crypto Swap Exchange
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March 16, 2018, 08:05:08 PM |
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"checked and safe" Safe? The coins go peer-to-peer, directly from the buyer to the seller wallets. The seller can use any wallet they prefer and we never come into contact with the coins, unlike the vast majority of services out there such as Coinpayments or Bitpay. I don't understand what could be safer? "I would always take x% transaction fee than xx% yearly." We don't charge any yearly percentage. It's a flat-fee for unlimited transactions per year. Why would you prefer a % per transaction and numerous TXs? Your offer is not friendly with small website business. Only website with $10k can have 0.59% fee. There is much more correct payment per transaction. I am sure that you will get more feedback and new customers with small rate per tx.
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MyCryptoCheckout
Copper Member
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Activity: 15
Merit: 0
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March 17, 2018, 12:05:46 AM |
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There is much more correct payment per transaction. Bitpay isn't really comparable since you can only take Bitcoin or Bitcoin Cash and pay 1% for each transaction. Coinpayments charges a 0.5% transaction fee, in addition to the TX fee the customer pays. Coinpayments gets the coins, then they charge you a TX to put them back on the blockchain and send them to your wallet they control, then another TX to send them out to another wallet you own or an exhange. For Bitcoin in particular they also say "We currently subsidize Bitcoin withdrawals so you pay a flat TX fee of 0.00070000 instead of the full TX fee." https://www.coinpayments.net/help-fees That currently equals $5.87 when the average Bitcoin transaction fee should only be $1.45 https://bitinfocharts.com/comparison/bitcoin-transactionfees.html#3m. Our product was made to be peer-to-peer so we can't take a percentage of transactions because we never touch the coins. The free tier allows for 3 free payments per month. We were hoping that this would be good for small businesses to get their crypto payments going so as to not have to pay for anything at all until a sufficient amount of sales start coming in. The plugin can be found in the Wordpress plugin repo for free even! https://wordpress.org/plugins/mycryptocheckout/Do you still think our business model still looks bad compared to places like Coinpayments?
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StakeIt
Member
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Activity: 280
Merit: 43
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March 18, 2018, 05:30:22 AM |
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MyCryptoCheckout definitely outperforms other crypto payment plugins such as GoURI & BitPay.
We like the fact that we can use any wallet we want to & worry less about transactions going through (particularly with GoURI, we had transactions stuck for days). On top of that, we don't have to transfer coins as much as we did with other plugins (from the customer -> payment plugin wallet address -> our revenue wallet address).
The plugin was extremely straightforward & easy to set up. It took us less than a few minutes to understand the plugin settings & have transactions going smoothly.
Yearly subscription fees of $59 are in the long-run a much more affordable option as opposed to paying certain % as commissions on transactions. In fact, $59 is little to none even when it comes to a small business...
Other than that, what we really needed was a prompt response from the customer service team. With other payment plugins, we usually had to wait days and sometimes even weeks to just to get a response to our ticket... but MyCryptoCheckout team always responds to our inquiries within a matter of hours.
Highly professional team & a definitely recommended plugin.
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earnbitcoins (OP)
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March 19, 2018, 05:25:12 AM |
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It certainly is one of the best!
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thefoxbot
Copper Member
Newbie
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Activity: 29
Merit: 5
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March 23, 2018, 08:20:50 AM |
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hey, we like your idea but have some questions before we will use your system. 1. is there a way to create a barcode in the payment process? 2. why are there differences between the amount I would charge from customer and the amount I have to pay? http://prntscr.com/iv6wvcmaybe we can talk about and we hope we can use your system soon because we like the idea. thank you
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MyCryptoCheckout
Copper Member
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March 23, 2018, 08:22:50 AM |
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thank you Check your e-mail. You've already gotten a reply to your e-mail from a few minutes ago.
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bL4nkcode
Copper Member
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Activity: 2142
Merit: 1306
Limited in number. Limitless in potential.
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March 23, 2018, 09:54:27 AM |
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What are the exchange/s used for the price rates of this plugin?
Maybe you should include those details on your site since there are different rates for each coin in any exchange. And how about to those aren't WordPress websites? When do you want to make such?
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MyCryptoCheckout
Copper Member
Newbie
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Activity: 15
Merit: 0
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March 23, 2018, 09:58:43 AM |
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What are the exchange/s used for the price rates of this plugin? OpenExchangeRates for the fiat currencies. Coinmarketcap for crypto. Maybe you should include those details on your site since there are different rates for each coin in any exchange. I'll add a note to the documentation pages. And how about to those aren't WordPress websites? When do you want to make such? So far, nobody has shown any interest in anything other than WooCommerce and EDD. We tried contacting Shopify but they're not interested in our 0% transaction fees and flat-rate. :/
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thefoxbot
Copper Member
Newbie
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Activity: 29
Merit: 5
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March 24, 2018, 08:01:37 AM |
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Great support and good guys behind this project. We asked for a QR code and to fix the BTC-BTC payment pairs since we only use BTC and wouldn’t change to fiat. Both wishes are now in a new beta. We are testing this now and looking forward for a good result.
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StakeIt
Member
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Activity: 280
Merit: 43
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March 24, 2018, 11:33:23 AM |
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Great support and good guys behind this project. We asked for a QR code and to fix the BTC-BTC payment pairs since we only use BTC and wouldn’t change to fiat. Both wishes are now in a new beta. We are testing this now and looking forward for a good result.
Their support system is particularly superior as compared to other payment plugins and we like the fact that our ideas & feedback gets implemented! 10/10!
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MyCryptoCheckout
Copper Member
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Activity: 15
Merit: 0
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March 24, 2018, 11:41:09 AM |
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we like the fact that our ideas & feedback gets implemented That's awfully kind, but it's only logical to do as our users ask of us. One would think.
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coingal2017
Copper Member
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Activity: 60
Merit: 0
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May 05, 2018, 04:39:18 AM |
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i like this crypto payment plugin, already sent email to info@mycryptocheckout.com. Thanks.
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2girls
Sr. Member
Offline
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
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May 05, 2018, 06:37:44 AM |
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Edward from MyCryptoCheckout here. Coinpayments offers same or even better service What do you mean by "better service"? big numbers How many transactions per month were you thinking would be a good and fair number for both us and our users? Is this plug-in Free of cost ? I think we cant compare it with coinpayments because those are just bit complicated to include in word press site.
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MyCryptoCheckout
Copper Member
Newbie
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Activity: 15
Merit: 0
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May 05, 2018, 08:39:49 AM |
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Is this plug-in Free of cost ? For three transactions a month, yes. If you need more than three a month, then you'll probably want to purchase a flat-rate, yearly license, which allows unlimited transactions per month with 0% fees.
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onurgozupek
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May 05, 2018, 08:41:35 AM |
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This is the most exciting Wordpress plugin I've heard. There are several options but as mentioned they charge fees per transactions. Yearly fixed fee is way better option to calculate expenses. Thanks for sharing...
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