Accept VeriCoin Payments on Your Website
Let your customers pay with VRC. Get Euro payouts or convert to Bitcoin.
VeriCoin (VRC), and Verium Digital Reserve (VRM) represent the world's first binary blockchain payment system. VRC tokens are the cryptocurrency, and VRM tokens represent a digital reserve. They both have different mining algorithms, block times, but work in parallel to each other.
By using two blockchains, VeriCoin /Verium is consistently providing low cost, high speed, security transactions on a scalable network. VRC tokens use a proof-of-stake-time algorithm, while VRM tokens are designed to be mined using only CPU's.
Future updates will streamline the ownership and transactions between these two chains. These payment channels will enable VRC and VRM tokens to be instantly interchangeable without using any third party exchanges or applications.
Disclaimer: You can only accept VRC tokens with CoinGate's integration with ShapeShift.io. The nature of this particular cryptocurrency dictates that we speak about both tokens at the same time.
Official Website: http://www.vericoin.info/
How to accept Vericoin payments on your website?
CoinGate makes it easy to receive customer payments in most popular cryptocurrencies, including Vericoin. 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 Vericoin 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 Vericoin 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).