In order to safeguard your PayPal or Stripe account from potential suspension or limitations, it’s crucial to provide your customers with payment alternatives that pose lower risks, with a particular focus on cryptocurrency transactions. Despite the growing popularity of cryptocurrencies, many individuals remain unfamiliar with using them for payments. To address this, a strategic approach involves incentivizing customers to opt for crypto payments by offering coupon codes or gifts upon confirmation of orders paid through cryptocurrency.
Implementing a reward system on your website becomes essential for this purpose. The key strategy lies in offering customers valid promo codes when they choose payment gateways associated with minimal or zero risks of limitations—especially in the case of crypto payments.
Here’s a step-by-step guide on how to proceed:
- Install the “Payment Gateway Per Coupon Code” Plugin: Encourage crypto payments by integrating the “Payment Gateway Per Coupon Code” plugin available at this link.
- Utilize the Plugin’s Features: This WordPress plugin enables you to motivate customers to complete their transactions using cryptocurrencies. By selecting crypto payment gateways during the checkout process, customers automatically become eligible for promo codes, serving as an incentive to choose crypto over traditional payment methods.
- Incentivize Crypto Payments: Ensure that customers selecting PayPal or Stripe, for instance, will see an “Invalid coupon code” message. This gentle nudge reinforces the promotion of crypto payments, emphasizing the benefits and security associated with such transactions.
By employing this plugin, you not only enhance the security of your PayPal and Stripe accounts but also foster greater adoption of cryptocurrency payments among your customer base.