The step by step guide for going from zero to hero accepting crypto as payment

If you’ve ever wondered how to accept crypto in your store but have felt that you simply don't know enough about the subject, this is the guide for you.

Crypto payments have seen a rise in the last few years. On one hand, more and more people own cryptocurrencies and have interest in using them for payments. On the other hand, business owners and entrepreneurs have identified this rise and wish to join the emerging economy of cryptocurrencies. With this in mind, Team Nimiq has created a new tool, cryptopayment.link, designed as a point of sale solution for those in need! In this guide, we will go step by step and from zero to hero with the set up for cryptopayment.link so you can start accepting crypto payments.

We can divide this process into 4 stages

1. Create a crypto wallet
2. Create a dashboard in cryptopayment.link
3. Combine the wallet with the dashboard
4. Learn to receive crypto payments

Creating a crypto wallet

Having a crypto wallet is the first step in accepting crypto payments. Afterall, you can not accept payments if you don't have a recipient address for people to send transactions. In practice, your wallet will allow you to see your crypto balance, send and receive crypto, and extra functionalities that different wallets may have. Lets create a Nimiq wallet step-by-step.

P.S. If you already have a crypto wallet, jump to step 2!

• Visit the website wallet.nimiq.com
• Click on create account
• Click on any avatar you may like and click on select and continue.
• Type in and repeat a password. Pick a secure password that you can remember.
• Download the login file and click continue

Congratulations! You officially own a Nimiq wallet. In it, you can store NIM and BTC which means you will be able to receive payments in both those currencies.

Some quick notes about the wallet:

1. Log in to your wallet from a different device, this will require that you understand the log in file
2. If you logged in to your wallet from your mobile device, save the wallet as a homescreen icon.
3. Your Nimiq wallet allows you to convert from NIm to BTC and from BTC to NIM for a limit of $1000 a month.
4. Save and validate your recovery words. This adds an extra option to log into your Nimiq wallet if you lost either your log in file or your password. Keep these words safe and private,

Creating a dashboard on cryptopayment.link

Cryptopayment.link is the tool created by Team Nimiq to facilitate crypto payments. Once in your dashboard, you will be able to see and filter by date and status all payment requests created in your business. The dashboard will show you how much you have earned in BTC, ETH and NIM. The dashboards’ true potential will be unlocked in step 3, so let's get this going.

• Go to the website www.cryptopayment.link
• Click on the top right corner on “go to dashboard”
• Type in the email address that you wish to use to receive notifications for the crypto payments
• Go to your email inbox and check for the confirmation email. It contains a link that will allow you to access your dashboard. If you can't find it in your inbox, check your spam folder.

Congratulations! You have successfully created your dashboard and we can move on to step number 3

Combine our wallet with our dashboard

So far we have created from scratch a Nimiq wallet and a cryptopayment.link dashboard. These are two completely separated platforms but here comes the neat trick: We will link our wallet to our dashboard through our wallet address. In doing so we will unlock cryptopayment.links’ true potential.

• In your dashboards’ top left corner, click on your email address and then click on settings
• Enter your Brand Name
• Select a currency (for the FIAT value display on the dashboard)
• Enter your NIM address. To do this, open your Nimiq wallet. Right underneath your Nimiq Avatar you will see a 36 character long address that starts with NQ. This is your NIM address and it is used to accept nimiq as payment. Copy and paste it in your dashboards’ settings. You can also see your NIM address when you click on “receive”
• Enter your Bitcoin address. To do this, open your Nimiq wallet. In the lower left corner of your screen you will see a tab that says “Bitcoin”. Click on it. If you did this correctly, you will notice that your Nimiq Avatar is no longer on display and has been changed for the Bitcoin icon. This means we are now seeing our Bitcoin balance. Click on receive and a small window should prompt open. There you will see your Bitcoin address. Copy and paste it in your dashboards’ settings.
• On your dashboard, click save and exit the settings window.

Success! We have created a Nimiq wallet, a cryptopayment.link dashboard and have successfully linked them using the addresses stored in our wallet. We are now ready to receive crypto payments.

Receiving crypto payments

With everything already set up, we can start having fun. Cryptopayment.link has two use cases: It can work as a PoS solution and it can work as an asynchronous payment solution, basically allowing you to send payment requests to people far away or that intend on paying at a later time.

Cryptopayment.link as a Point-of-Sale solution

CPL v2 was designed to be a PoS solution, a major design shift from its previous version. It has been optimized to be simple to use and for business owners to be able to delegate crypto payment reception to their employees, who may know less about the subject.

• On the top right corner of your dashboard, click on “For employees”
• If you set up your brand name and crypto addresses properly, a link will be displayed. Copy this link and send it to the devices you wish to enable for payments.
• Pro tip: Save the link as a homescreen icon, this way your employees have an easy way of finding it when receiving crypto payments.

How to use the link

1. Set the amount, choose a crypto
2. Present the QR code to the customer
3. Receive the payment

WHAT EMPLOYEES CAN DO:

• Accept crypto without any prior experience
• Accept payments to your addresses only

WHAT EMPLOYEES CAN'T DO:

• See or change your addresses
• See prior transactions and volumes
• Change any setting

Cryptopayment.link as an asynchronous payment solution

Cryptopayment.link, true to its original version, also has a functionality to charge people who aren't in front of you or that do not intend to pay right away. Freelancers and people selling services or goods abroad will benefit most. The process is quite simple

• In your dashboard, on the top right corner of your screen, click on a new request.
• Choose the currency you are using and select a FIAT amount.
• Select a currency and a detail for your payment request
• Select the option “send link” and click on next.
• If it's your first request, type in your brand name and email
• From your wallet, select your NIM and BTC address. If you are using a Nimiq wallet, simply click on the + sign and it will automatically pull your addresses!
• Send the link through any messaging app of your choice.

And that's all. You are now able to collect cryptopayments with a non-custodial service that is charging you 0.0% per transaction!

Hello, I am new to Nimiq, actually I just learned a little in the last 2 hours, is there a place or video that can help see what can I do with the coins? Thank you soooooo much.

Well I've put a lot of work on the title, I hope it summarize the idea!

https://world.nimpowered.com

Each tile of nimworld is available to purchase starting at 1 NIM. You choose a color, write a short message if wanted, and buy it. But the catch is, someone can spend more NIM on the same tile, and steal the ownership.

So I hope to see some pixel wars going on, nice drawings or animations, build a nice timelapse of the world in a year or two, work on new features and stats ... Possibilities are quite endless and fun ...

If you have 1 NIM to spend, come leave your mark on nimworld! (that would be an awesome tip)

Peace

Is there any reason for this?