Since 2019, NOWPayments has been operated by ChangeNOW, an instant crypto exchange with a close relationship with Binance, Ledger, and Atomic Wallet. Its mission is to provide a crypto payment gateway for merchants and customers. In order to offer our customers the greatest freedom in payment choices, we chose NowPayments as our primary payment gateway. At the time of this writing NowPayments.io accepted more than 70 different cryptocurrencies and they are offering more all the time. Not only does NowPayments process the most popular and even the newest cryptocurrencies out there, but through their partners will also process Visa or ApplePay transactions. We at Michael's Book Corner never get the details of these transactions as all proceeds are converted into the currencies we specify and transparent to the customer. There is also an option, upon request, to process a payment more directly. If we receive a request for an invoice specifying payment in Monero or Litecoin straight across, then we can issue an invoice for payment in just that currency. By not setting a specific currency in our usual invoice, the customer has the choice of paying in any currency desired which NowPayments will process. These choices are presented in a drop-down list within the invoice. The way it works is that our store specifies a set of preferred currencies with an priority for conversion and payment. The customer then pays with their personal preferred currency, then NowPayments exchanges this for the store's preference. Everyone is happy!
Michael's Book Corner links with NowPayments.io through their API and has integrated this function into both the Buy Now buttons for single items as well as the Multi-Currency Cart available in the Payments Menu Drop-Down List utilizing the NowPayments gateway.
By entering the matching delivery e-mail from the order into the NowPayments invoice, the customer will receive a notification when payment has been processed. With careful choice for the final payment currency conversion, Michael's Book Corner strives to make the payment process move as quickly and seamlessly as possible. Buy our choosing of highly liquid currencies, we strive to reduce the transaction time considerably. We know this would be an issue if we chose Bitcoin or similar currency with high transaction fees and seek to avoid anything which might slow down our customers. To this end, we have also adopted the Bitcoin Lightning Network via BTCPay Server for those wishing to pay with BTC in order to speed those transactions along.
For single purchases (one book or trilogy set) use the blue NowPayments Buy Now button for single item, proceed as follows.
In utilizing the NowPayments Multi-Currency Cart (from Pay/Delivery drop-down menu) for multiple purchases proceed as follows.
Example of NowPayments.io Invoice for Michael's Book Corner displayed on the NowPayments.io website.
BTCPay Server is a self-hosted, open-source cryptocurrency payment processor. It's secure, private, censorship-resistant and free. Michael's Book Corner utilizes the BTCPay Server system run courtesty of ExitPay.org operating a free service. Any donations to their operation are via Michael's Book Corner only and are not passed to the customer. This server is one of a few non-profits which participates in the Bitcoin Lightning Network.
The Lightning Network is dependent upon the underlying technology of the blockchain. By using real Bitcoin/blockchain transactions and using its native smart-contract scripting language, it is possible to create a secure network of participants which are able to transact at high volume and high speed. This network gathers up transactions and batch processes them with the goal of reducing transaction fees and time limitation which make small Bitcoin transactions difficult if not impossible on a practical basis.
For single purchases (one book or trilogy set) use the orange Buy Now button for single item, then proceed as follows.
For multiple purchases select Bitcoin Basket from the Pay/Deivery drop-down menu, then proceed as follows.
Example of BTCPay Server Bitcoin Lightning Network Invoice for Michael's Book Corner displayed on the ExitPay.org website.