Accept Factom Payments on Your Website
Let your customers pay with FCT. Get Euro payouts or convert to Bitcoin.
Factom (FCT), is a blockchain-based company whose primary goals are to inspire honesty and transparency in the business sector. They are creating products that help with data management, and reduce costs related to documenting, compliance, and litigation.
Their platform and software are open sourced, so anybody can actively contribute to the project, or use it for themselves. Their technological solutions are targeted towards enterprises, governments, and non-profits.
Factom is securing their data through the Bitcoin Blockchain, but it also creates additional blockchains for the companies and applications on their platform. For more information, you should visit their official website or FAQ.
How to accept Factoids payments on your website?
CoinGate makes it easy to receive customer payments in most popular cryptocurrencies, including Factoids. To make it simple for merchants, all received payments are automatically settled to EUR/USD or to BTC, depending on your preference.
To integrate our payment gateway on your website, choose either:
- One of CoinGate ready-made integrations for e-commerce content management systems or web billing platforms (like WooCommerce, Magento, PrestaShop, OpenCart, WHMCS and similar)
- Developer API that can be configured for any website and different codebases (e.g. Ruby, PHP, Omnipay, Python, NodeJS...)
- Payment buttons for accepting donations or simple payments (for example, if you only sell one or several products)
To get started with accepting Factoids as well as Bitcoin, Litecoin and other coins, first, sign up with CoinGate. Then, create API credentials if you are planning to use our e-commerce plugins or the API; if not, go ahead and create your first payment button.
If you wish to keep all your received payments in cryptocurrency (i.e. to receive payouts in Bitcoin), then no verification is usually needed to use CoinGate. For Euro or U.S. Dollar settlements, you will have to pass our simple merchant verification procedure by uploading your business documents and director's ID.
How it Works - Accept Factoids Payments on Any Store
Payouts in Euros, U.S. Dollars or Bitcoin
You are selling a product or service in your store and set the price in a currency of your choice (for example 10€).
We calculate how much bitcoins it is worth, in real-time, by selecting the best price from several Bitcoin exchanges.
Your Customer pays with bitcoins and Altcoins.
You receive 9.90€ (10€ - 1% processing fee).