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How to accept Litecoin (LTC) payments with PHP

Over the last decade, the way we can receive value over the internet has dramatically shifted from traditional payments to programmable money. Cryptocurrencies like Litecoin have emerged and can be embedded into online shops or e-commerce sites to receive customer payments.

In its simplest form, all that is needed to receive Litecoin (LTC) payments in PHP is to display a Litecoin address to the customer. Albeit outside of the scope of this document, it is easy to create a Litecoin address programmatically and obtain control of the private key. This is a good starting point if you are a PHP developer and wish to create your own Litecoin address.

This simple type of Litecoin payment integration is suitable for anonymous donations, but requires a lot of additional overhead to make it play well with accounting systems, compliance, and regulatory requirements. Connecting them with customer information and monitoring the Litecoin Network to detect the correct payment transaction and mark the sale as completed, introduce plenty of additional complexity in PHP.

Fortunately, Whalestack provides a suite of APIs and a convenient PHP software development kit (SDK) for online merchants and e-commerce site who wish to accept Litecoin payments. Using Whalestack, it is no longer necessary to continuously monitor various blockchains for payment transactions. Whalestack creates cryptocurrency payment transactions on your behalf and automatically notifies you once the payment has been settled.

Read our SDK guide and learn how to accept Litecoin payments with this tutorial.

Creating a Litecoin payment request is as simple as firing the below API request using the PHP SDK.

$response = $client->post('/checkout/hosted', array(
    'charge' => array(
        'billingCurrency' => 'EUR', // a billing currency as given by GET /currencies
        'lineItems' => array( // a list of line items included in this charge
            array(
                'description' => 'PCI Graphics Card',
                'netAmount' => 169.99, // denominated in the currency specified above
                'quantity' => 1
            )
        ),
        'discountItems' => array() // an optional list of discounts
        'shippingCostItems' => array() // any shipping costs?
        'taxItems' => array() // any taxes?
    ),
    'settlementAsset' => 'USDC:GA5ZSEJYB37JRC5AVCIA5MOP4RHTM335X2KGX3IHOJAPP5RE34K4KZVN' // your settlement asset as given by GET /assets (or ORIGIN to omit conversion) 
));

The API request returns a list of cryptocurrency payment methods and deposit addresses, including Litecoin. These can be displayed back to a customer to complete payment.

Moreover, the Whalestack platform provides built-in business accounting tools, invoicing and customer management. Most importantly payments in Litecoin can automatically be settled in your national fiat currency and withdrawn directly into your bank account. Inspect our PHP SDK on GitHub to get started.

Last Update: Oct 2, 2023

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© Whalestack LLC 2018-2024 · Termos de Serviço · Política de Privacidade · Política de PLD e CSC · Política Anti-Fraude · Processamento de Dados · Licença A Whalestack LLC (Número da Empresa 0000970546) é uma companhia de responsabilidade limitada incorporada na Rua Jedności, 65-018 Zielona Góra, Polônia. A Whalestack LLC reporta-se ao Inspetor Geral de Informações Financeiras e é autorizada pelo Ministério das Finanças da Polônia a prover serviços de câmbio e custódia de moeda virtual sob o número de Provedor de Serviços de Ativos Virtuais RDWW-311. União Europeia Licenciada e Regulamentada na UE © Whalestack LLC 2018-2024 · Termos de Serviço · Política de Privacidade · Política de PLD e CSC · Política Anti-Fraude · Processamento de Dados · Licença
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