Accept crypto payments via Knaken Settle
Buckaroo is the first payment provider in the Netherlands to offer crypto payments. A partnership was started with Knaken at the beginning of 2024. Knaken is a company that offers consumers a platform to manage their crypto wallets. By partnering with this crypto platform, it becomes possible to conduct online transactions using cryptocurrency, which is seamlessly converted into euros through the payment platform "Settle.". With this collaboration, Buckaroo anticipates to the future where crypto payments will become increasingly common.
Advantages of Knaken-Settle
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Reach more customers
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Capitalize on the future of payments
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Increase the conversion of your webshop
About Knaken-Settle
Settle allows users to pay with more than 150 different cryptocurrencies. This system allows instant payments without the need for a wallet, making it a pioneer in simplifying transactions with cryptocurrencies including Bitcoin, Ethereum and USDC. Buckaroo facilitates the daily transactions between Settle and any company that wants to use Settle.
Reach more customers
More and more consumers in the Netherlands are active in the crypto market. In addition to the growth in cryptocurrency trading, there is also an increasing demand for making online purchases with cryptocurrency. Make sure you can also serve these customers during the checkout on your website and add Knaken Settle to your payment methods! Currently Knaken is only available in the Buckaroo Checkout and Buckaroo API.
Frequently Asked Questions
Which cryptocurrencies are supported by Buckaroo and can be integrated into my webshop?
Almost all coins can be used. View which coins are available here
Are there specific technical requirements for my online store to implement Buckaroo's cryptocurrency payment option?
Currently, Knaken-Settle is available in the Buckaroo Smart Checkout and in the Buckaroo API. In the Buckaroo Checkout, you have the default choice of showing all payment options or you can select which payment options can be used to pay per customer.
If you are using our API, you will need to adapt your technical integration to use Knaken-Settle.
For plugins, Magento 2 will support Knaken very soon. For other plugins, Knaken will be made available if there is sufficient demand.
Are there any additional costs or fees associated with accepting cryptocurrency payments through Buckaroo?
No, there are no additional costs involved.
Is there a maximum limit for the amount that customers can pay with cryptocurrency in my webshop?
Yes, consumers can make a maximum of € 10.000 in payments per month.
What happens if technical problems occur with the cryptocurrency payment option in my webshop?
Buckaroo customer service is available during working hours to help with any problems you may encounter.
Are cryptocurrency transactions processed in the same way as traditional payments for refunds or cancellations?
Refunds follow the same procedure as payments conducted through, for instance, PayPal.