This extension is in our Payment category. Please remember that it is the merchant’s responsibility to ensure the proper PCI compliance level of their store, as applicable by PCI regulations. The PCI Self-Assessment is one tool you can use when evaluating Payment extensions and how they may affect your PCI compliance level. For more information on Marketplace policies, please review the Marketplace Terms & Conditions.

Bitcoin payment by Speed

by Speed

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Edition

Your store version

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Trader Information

Overview

Speed offers a global, scalable, secure, and customizable solution to accept Bitcoin payments. Businesses of all sizes can use this integration to easily start accepting Bitcoin payments, and increase their revenue and customer base with Speed and Magento.Speed is a leading Bitcoin payment processor to help businesses easily start accepting Bitcoin payments at their online or offline store instantly. We process payments quickly, allowing merchants to get paid faster and get an instant payout. There are no hidden charges, maintenance, or setup fee. Speed is available in more than 100 countries and languages to help your business go global with low fees. This extension is compatible with more than 100 lightning and on-chain wallets.

Extension/Integration

Accept Bitcoin on your Magento store, instantly & globally over the Lightning Network or on-chain, at a low cost. Using the Speed extension you can provide your customers with a user-friendly, secure, branded, and device-optimized experience for making bitcoin or stablecoin payments in just a few minutes.

Account & Pricing

You will need to sign up on first to create a free merchant account after which you can configure the integration plugin inside your Magento store. The installation guide describes installation steps for the Speed plugin to your Magento store.Create your free account with Speed, there are no costs involved in acquiring this integration plugin. Speed charges a 1% transaction fee after a total of 0.5 BTC in total are received.

Why choose Speed? (Features)

There are no hidden charges, or maintenance.
There is no risk of chargebacks or fraudulent payments.
Accept cross-border payments without the involvement of a bank. It's easy to go global.
Withdraw your balance in bitcoin, stablecoin, or fiat currency. Network fee applicable.
There is no setup fee. Simply create a Speed account and install the plugin.
It's highly safe, secure, and anonymous for you and your customer.
Easy setup. No need for coding. Connect Speed with your store by simply copying and pasting your secret keys.
Automatic conversion to Bitcoin via real-time exchange rate feed and calculations.
You get 1000 testnet coins in your Speed account to test the integration.
Get full access to all solutions of Speed as you sign up.

Customer Journey

The customer adds the product to the cart and proceeds to the Speed checkout page.
A QR code payment form will be generated, prompting the user to complete their payment. They can scan the QR code or copy the LNURL.
Our locked-in exchange rate offers customers 10 minutes to complete their payment, avoiding price fluctuations.
Once the payment has been made, you will receive an instant confirmation of the successful payment. You can withdraw BTC manually or set up payments to happen every day.

Speed’s vision is to provide easy to use and secure platform for businesses and individuals to accept and send Bitcoin payments. We want to help businesses easily adapt to this expanding demand for cryptocurrency payments by providing solutions for every industry & business type. We are building a payment infrastructure to help businesses and individuals transact in Bitcoin and stablecoin.

Security

We help businesses to process payments and do not store any payment information of the merchant’s customer. We re-direct the users to the Speed checkout page. The customer data on merchants’ websites is stored on Magento’s server.

Technical Specifications

Seller profile

Speed

Seller contact

E-mail

Current Version

2.0.10

Adobe Commerce platform compatibility

Magento Open Source: 2.4 (current)

Type

Stable Build

Updated

02 December, 2025

Documentation

Reference Manuals

Installation Guides

User Guides

License Type

Open Software License 3.0 (OSL-3.0)

Policy

Quality Report

All tests were conducted on the latest versions of Adobe Commerce that existed for the compatible release lines at the moment of the extension submission. Latest versions of all other software were used, as applicable.

Release Notes

2.0.10:

Compatible with Magento Open Source : 2.4
Stability: Stable Build
Description:
Bug Fixes and Security enhancements

2.0.9:

Compatible with Magento Open Source : 2.4
Stability: Stable Build
Description:
Support New Order Status and Cancel Order status configuration

2.0.8:

Compatible with Magento Open Source : 2.4
Stability: Stable Build
Description:
Bug fixes and Webhook related fixes.

2.0.7:

Compatible with Magento Open Source : 2.4
Stability: Stable Build
Description:
Bug fixes and validation changes.

2.0.6:

Compatible with Magento Open Source : 2.4
Stability: Stable Build
Description:
Improved email handling — order confirmation emails are now sent only after successful payment confirmation instead of immediately on order placement.

2.0.5:

Compatible with Magento Open Source : 2.4
Stability: Stable Build
Description:
- Fixed webhook verification issue
- Added payment method display for admin-created orders
- Enabled guest checkout (order creation without login)
- Cancel order on payment cancellation

1.0.1:

Compatible with Magento Open Source : 2.4
Stability: Stable Build
Description:
- webhook bug fixes

1.0.0:

Compatible with Magento Open Source : 2.4
Stability: Stable Build
Description:
Initial release

Support

The best place to start if you need help with a specific extension is to contact the developer. All Adobe Commerce developers have both a contact email and a support email listed.