Widget

The Inqud Crypto Widget stands at the heart of our crypto acquiring platform, serving as the primary interface for configuring and managing cryptocurrency payments. It's designed to be both powerful and user-friendly, ensuring that businesses can effortlessly tailor their crypto payment processes.

To start working with the widget, it is necessary to proceed with the setup.

2️⃣Step 2. Widget setup

Available currencies for the widget.

After creating the widget, by default, all currencies in it are disabled. To enable the payment acceptance feature through the widget, you need to activate currencies for a specific widget. All available currencies for activation will be displayed in the settings.

Please note that the merchant has the ability not only to enable specific tokens but also to choose specific networks for each of these tokens.

Currently supported blockchains and cryptocurrencies:

💱Coverage

Auto convert

For added convenience, you can activate the auto-conversion feature. This helps mitigate risks associated with highly volatile currencies. How does it work? Upon enabling this feature, you'll need to choose a specific currency into which you want to convert incoming payments in the selected currency. After activating this setting, all payments received through the widget in the chosen currency will be automatically converted based on market rates.

Fees

For each currency, there are fees associated with deposits. By default, these fees are deducted from the deposit amount, meaning they are automatically charged to the merchant's account.

However, with flexible settings, you have the option to shift these fees to the end user. This can be done in two ways:

  1. Displaying the Fee in the Widget: You can configure the system so that the end user sees the actual fee for each payment directly in the widget.

  2. Hiding Fee Information: With an additional setting, you can disable the display of information about the charged fee for the end user, making it invisible to them.

These flexible settings allow you to tailor the fee system according to your preferences and business strategy.

Checkout vs Request vs Payment

  1. Payment: This refers to the actual transaction that is recorded on the blockchain. A payment includes key details such as the blockchain used, the type of token, the transaction amount, and the target address.

  2. Request: A request is an action initiated by a merchant, directed at the end user, to make a payment in a specific cryptocurrency on a designated blockchain.

  3. Checkout: Checkout constitutes a request from the merchant to the end user for the payment of a monetary amount, which can be optionally predefined, and is usually expressed in USD or other fiat currencies. In this process, the end user is granted the flexibility to choose the blockchain and cryptocurrency through which they wish to make the payment.

Explore subjects in more details:

CheckoutsRequestsPayments

Request and checkout webhoks

Webhooks provide merchants with the capability to receive real-time notifications about cryptocurrency payment transactions. This feature enables seamless synchronization and updating of their internal systems with the latest payment information.

Inqud facilitates comprehensive notification services for merchants on three distinct levels:

  1. Checkouts: Receive updates specifically related to the checkout process.

  2. Requests: Get notified about various payment requests initiated by merchant.

  3. Payments: Stay informed about the status and details of actual payment transactions.

Refer to Web Hooks page to grasp into technical details:

🪝Web Hooks

Domain management

To utilize the Inqud Crypto Widget in embedded mode, merchants must first verify the domain where the widget will be placed. Upon successful verification and approval of the domain, the merchant can then associate it with the widget, paving the way for integration into their system.

Domain management guide

  1. Navigate to the "Crypto widgets" section and select "Widgets."

  2. Choose the widget to which you want to link the domain.

  3. In the profile of the selected widget, locate the "Domain Management" section.

  4. In the dropdown list, choose the desired domain. Please note that only widgets for which you have completed Inqud verification will be displayed in the list.

For more details please refer to:

Domain managementEmbedded Widget overview

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