Yellow is a bitcoin payment processor that enables merchants to accept bitcoin payments without any risk. Our product is an API based solution that is easy to integrate with all major e-commerce platforms, such as Magento, Wordpress and Drupal.
With Yellow, online merchants can start accepting bitcoin payments with low-to-no merchant fees and receive timely settlements in their local currency.
The below 6 steps explain how Bitcoin payments are processed by Yellow:
1.
The customer completes their shopping cart on the merchant';s site and proceeds to check out
2.
Yellow generates a unique, one-time-use Bitcoin address to accept payment which is then displayed on the merchant's site.
3.
The address is displayed both in text and QR-code form.
4.
The customer sends payment (in Bitcoin) to the Bitcoin address, using either their smartphone Bitcoin wallet to scan the QR-code, or a web or desktop based Bitcoin wallet (e.g., blockchain.info, Bitcoin-QT)
5.
Bitcoin payment is received and the customer is redirected to an order confirmation page on the merchant's site
6.
Yellow converts the received Bitcoin payment into a national currency (like AED) and transfers it to the merchant's bank account
Releases (14)
| Date | Version | Notes |
|---|---|---|
| 2015-07-16 | 1.0.3 | Add option for merchant to include Yellow transaction fees in amount invoiced to customer. |
| 2015-06-17 | 1.0.2 | Fix issue where "Pay with Bitcoin" was still displayed even after plugin was disabled.
|
| 2015-05-31 | 1.0.1 | Add option to display the text message "Pay with Bitcoin" instead of the "Bitcoin | powered by Yellow" image in the payment method section on checkout. |
| 2015-04-26 | 1.0.0 | * Payment invoice is now responsive
|
| 2015-03-21 | 0.2.4 | * Remove unnecessary directory from package |
| 2015-03-19 | 0.2.3 | * Add back the payment method image left out of last release |
| 2015-03-19 | 0.2.2 | * Plugin logs accessible through Magento Admin panel: System > Yellow Bitcoin > View Logs
|
| 2015-01-12 | 0.2.1 | Styling and layout fixes |
| 2015-01-07 | 0.2.0 | Verify signature on inbound IPNs
|
| 2014-10-13 | 0.1.7 | Hide widget when other payment methods are selected |
| 2014-10-13 | 0.1.6 | Fix IPN error on some statuses |
| 2014-09-30 | 0.1.5 | Remove $0.30 USD stub |
| 2014-09-30 | 0.1.4 | Connect to production server. |
| 2014-09-25 | 0.1.3 | Mark stable. |
