The use of micropayments is increasing, and there are several micropayment plugin options for your WordPress site.
The key is to finding the right micropayment plugin for your website which answers your requirements.
WordPress MicroPayment Plugins
Several Ways to Use MicroPayment Solutions in WordPress
The Micropayment plugin can be used in a variety of ways:
– It allows to create a virtual payment solution to facilitate community interaction.
– It can add a points management system that supports in-site transactions for the selling of goods and services.
– To add or change points for downloading or uploading files or for writing questions or answers in your site forum.
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Leading WordPress MicroPayment Solutions
The following are the top options overall for micropayments plugins in WordPress:
- CM MicroPayments Plugin
- MediaPass
- Transact
- MicroPayments by VideoWhisper
- Coil Web Monetization
These micropayment plugins offer the most diverse options for users to expand their businesses successful without involving third party websites. They offer a variety of helpful, innovative and user friendly options to complete transactions easily and effectively.
1) CM MicroPayments Plugin
WordPress MicroPayment Plugin
The CM MicroPayment platform plugin for WordPress by CreativeMinds adds a virtual currency to you site without the need for external payment processing. The plugin fully supports in-site transactions and integrates well with both WooCommerce and Easy Digital Downloads and their payment gateways. This micropayment plugin makes transactions faster and easier, while providing excellent security and support when needed.
The CM Micropayment platform plugin creates a digital wallet for every registered user to use for in-site transactions. The plugin offers easy wallet management, including the adding or subtracting of currency with transactions. Users can access all transaction reports, convert points to discounts and real currency via PayPal or other supported payment gateway, allow for the purchase of bonus points and preload a wallet.
Infographic showing the many ways to use the MicroPayments Plugin
2) MediaPass
MediaPass
MediaPass is a great micropayment plugin for small businesses and visual content users. The plugin is simple to implement and very mobile responsive. The plugin offers subscription plans, single transactions, and one time access to content with micropayments. This plugin is a great choice for increasing revenue streams, as well as charging by user, category or tag specifically.
3) Transact
Transact
Transact allows to implement the payment model to your site and charge visitors for accessing the content. It supports setting low prices for single posts from $0.01 to $50.00. It also allows to turn on fixed price for monthly or annual subscriptions with unlimited access to content. The payment model provided by this plugin offers lower fees than PayPal or credit cards.
4) MicroPayments by VideoWhisper
MicroPayments by VideoWhisper
MicroPayments by VideoWhisper supports 3 wallet tokens: internal, MyCred and TeraWallet for WooCommerce. These tokens can be earned with site activities or purchased using popular gateways like PayPal, Stripe and others. Content authors on your site can sell access to posts, images, videos by setting subscriptions, so users need to pay recurring fee.
5) Coil Web Monetization
Coil Web Monetization
Coil Web Monetization has its own membership network and allows you to monetize your content. You can receive a stream of micropayments for every second when Coil members view your content. To do this, you need to create an account with an ILP-enabled digital wallet and get a payment pointer, then install the plugin to your site. Monetization can be enabled either globally or to specific posts or pages.
Conclusion
In conclusion, while there are many good micropayment plugin options, it is important to find the right option for your business. All of these plugins are customizable, mobile responsive and offer a variety of payment options for content. Micropayments can be small transactions, but there are quite a few each year and that number continues to grow more and more, so choose the best micropayment plugin for your business.
