We are a start up company going to open an online shopping website. Our CEO wants to incorporate Bitcoin as our payment method. How can we set up a Bitcoin network?
You can use one of the merchant solution providers, such as: coinbase, BitPay, for generating addresses per payment (as paypal does) redirects / serve the client with payment request at 3rd party . or, you can handle payment process inhouse by generating address for each payment and saving the pk / HD wallet will take much longer and develop time to do.
- Your custom solution using language specific library (for example NBitcoin for C#).
- Your custom solution using bitoind and JSON-RPC communication protocol.
- Integration with Bitcoin payments processor - this is the simplest but your money are kept and managed by foregin company for some time and probably you have to pay for the service.