=== BizFirst: Accept Crypto USDC payments on your WooCommerce Store (Solana) === Contributors: bizfirst Tags: USDC, Crypto, Requires at least: 2.6.0 Tested up to: 6.0.0 Requires PHP: 7 Stable tag: 1.0.0 License: GPLv2 or later License URI: https://www.gnu.org/licenses/gpl-2.0.html BizFirst plugin enables you to accept USDC payments from your customers using BizFirst. == Description == https://www.youtube.com/watch?v=VPvJR8yGols Accept Crypto (USDC) payments in the simplest manner using BizFirst (Currently live on the Solana Blockchain) BizFirst is the most conversion-optimized, stable, and configurable Crypto checkout & payment solution available for WooCommerce. **What does BizFirst do?** BizFirst lets you: - Accept USDC payments directly from your WooCommerce Store. - Send USDC invoices for customers who place orders on Whatsapp/ Instagram/ FB - Run NFT-based loyalty programs - you can offer discounts for users who hold a specific NFT Collection OR issue your store-branded discount NFTs! With the click of a button, your customers access a conversion-optimized checkout window using which they can connect their Solana Wallet (SKY Wallet, Phantom or Glow Wallet) **[Try a live demo to see what a Crypto-Charged WooCommerce checkout looks like](https://bizfirstmerch.com)** **Benefits** - **REDUCE** upto 80% on interchange fees (Just pay 0.5% vs 3-3.5% on Traditional Payments) - **GET** your money instantly (3 seconds vs 3-6 working days) - **GO GLOBAL** (Crypto is global from day 0) - **ATTRACT** customers via NFT-based Loyalty Programs **Usage of third party services** This plugin calls the Checkout API on BizFirst Servers to create a checkout instance for a given WooCommerce order. The USDC payment is collected on the secure servers and then the user is directed back to the Wordpress site with the order confirmation. - Third party endpoints used: [https://app.bizfirst.xyz/api/checkout](https://app.bizfirst.xyz/api/checkout) - Link to the service: [https://bizfirst.xyz](https://bizfirst.xyz) - Terms of use: [https://www.bizfirst.xyz/terms-of-use](https://www.bizfirst.xyz/terms-of-use) - Privacy policy: [https://www.bizfirst.xyz/privacy-policy](https://www.bizfirst.xyz/privacy-policy) == Screenshots == == Frequently Asked Questions == = What is the BizFirst Suite? = BizFirst is a suite of tools that enables merchants anywhere in the world to accept [USDC](https://www.circle.com/en/usdc) payments on [Solana](https://solana.com/). There are various features that allow users to use our platform in different ways: ‍ 1. For Merchants, who currently run a store on an eCommerce platform, we offer quick integrations [[WooCommerce](https://www.bizfirst.xyz/faq#), More platforms coming soon]. With this integration, merchants will be able to a. Accept USDC payments on their E-Commerce Store b. Send USDC invoices to customers. c. Run NFT based loyalty programs i.e. offer discounts for existing NFT collections, issue & redeem NFT coupons on their store. ‍ 2. For advanced use cases, we also offer an API suite. [Contact us](hello@bizfirst.xyz) = What are the key benefits of accepting Crypto payments via BizFirst? = 1. **Save Money on Interchange Fees:** Traditional Payments cost between 3-3.5% interchange fees to merchants. Payments accepted through BizFirst will cost you 0.5% ‍ 2. **Get your money faster:** Traditional Payment Methods will take 5-10 days to actually transfer your money. With Crypto, you can take it right after accepting the payment. Settlement takes 5 seconds. ‍ 3. **Take your business Global from Day 0:** Crypto payments are global from Day 0 ‍ 4. **Avoid Chargebacks:** Crypto payments are irreversible by default. You can choose to refund a customer via BizFirst. ‍ 5. **Increase Sales:** There are now 300M users & believers of Crypto worldwide. Accepting Cryptocurrency & using NFTs can put you ahead of the pack and help you reach out to this whole new target audience. [Large Brands have seen incredible success using NFTs as a tool for Marketing, now you can too!](https://www.wsj.com/story/nike-adidas-and-under-armour-are-getting-into-the-nft-game-677a93b6). = How can I sign up? = To sign up for an account, go to [https://app.bizfirst.xyz/](https://app.bizfirst.xyz/) = How can I sell something once I have signed up for an account? = There are two ways of selling with BizFirst: ‍ 1. **Integrate BizFirst into your E-Commerce Store.** To do this: a. Create your BizFirst Account b. Click on the blue banner “Integrate your WooCommerce Store” button on the top of your BizFirst dashboard and follow the on-screen instructions. This process will take you less than 5 mins to complete. ‍ 2. **Create a hosted Checkout/ Payment Invoice** is the easiest way to get started selling your products for USDC. To do this: a. Create your BizFirst Account b. Click on “Invoices” on the sidebar. c. Fill out the details of the product/service & the details of the recipient. d. Send the invoice to the recipient directly via BizFirst. You can also copy the invoice link and share it over text. = Which cryptocurrencies can I accept? = We only support USDC on Solana. The reasons are as follows: ‍ 1. **USDC for Volatility:** Payments are best done in low-zero volatility assets to avoid losses i.e. a T-shirt sold for $10 worth of crypto should not turn to $5 worth of crypto when redeeming for USD. [USDC is the most trusted stable-coin](https://www.circle.com/en/usdc) with the price pegged to the dollar i.e. Each USDC is worth $1.00 and is always redeemable on a 1:1 basis for US dollars via Centralised Exchanges such as Coinbase and FTX. ‍ 2. **Solana for Cost and Speed: Solana is one of the fastest blockchains with one of the lowest costs, which makes it ideal for users to use in payments.** = What is a seed phrase and why do I need it? = BizFirst creates a semi-custodial wallet for your safety where you also get access to your Seed Phrase. A seed phrase is a sequence of 12 words that gives you, access to the cryptocurrency that you have received. This can be imported to any Solana Wallet to access your USDC.