I am excited to announce that you can now accept STEEM and SBD as payments on your online store via this Wordpress/WooCommerce plugin: WooCommerce Steem Payment Method

Wordpress plugin: https://wordpress.org/plugins/woo-steem-payment-method/
Github: https://github.com/sagescrub/woocommerce-steem-payment-method

As I am in the midst of creating a new online store for the upcoming seed business, we wanted a way to accept STEEM and SBD as a payment.

I started looking for options several months ago and there were very few and limited ways to do this - the only viable ones were payment gateways that take an extra percentage off of the transaction.

I did stumble upon a plugin created by Hive account@recrypto but it had fallen out of service and development over a year ago. Motivated to have my website able to accept STEEM I forked the plugin and began updating the code to get it in working shape again.

Along the way I decided to add some new features and after all that work I realized this is too good not to share with the STEEM community!!

The best thing about this plugin is that your online store can accept payments in a peer-to-peer fashion. Payments are made directly from your customer's wallet to your store's STEEM wallet. There is no payment gateway in the middle meaning there is no transaction fee.

This is truly in the spirit of STEEM being both open source and decentralized.

There are so many people earning STEEM on steemit. Currently there are so few places to spend it (short of taking it to an exchange) and so few ways for merchants to accept steem as payment.

I really hope this helps the Steemit community have more tools to be able to use STEEM in the new economy. For the business folks out there, consider using this plugin to accept STEEM so that we can keep STEEM within the STEEM economy and build value.

Overview of Features

1. There is no extra transaction fee. Payments are made directly between customer and store owner via SteemConnect.
2. This plugin will automatically detect if payment was made once it is posted to Steem Blockchain.
3. If payment is not completed within several minutes of submitting an order an automatic payment reminder email will be sent to the customer with instructions for submitting payment.
4. Currency exchange rate between FIAT and STEEM/SBD is automatically calculated at time of checkout.
5. Currency exchange rate between FIAT and STEEM/SBD can be optionally displayed below the product price on the product page.

Feedback & Contribution

I would love to hear your feedback if you use this plugin. Likewise if you are a developer interested in contributing please let me know!

Wordpress Plugin Link:

Learn more here and install the wordpress plugin (requires woocommerce)
https://wordpress.org/plugins/woo-steem-payment-method/

GitHub link:

https://github.com/sagescrub/woocommerce-steem-payment-method

Special thanks to Hive account@recrypto for his hard work with the initial version of this plugin.