Monetise your WordPress site with Coil
Coil is a really cool web monetisation platform that allows users to anonymously stream micropayments to content creators, which I think is going to be a really interesting space to watch over the next few years.
And great news – it’s really easy to add Coil to your WordPress site, because they have just released a plugin!
Coil has a great overview of this, and instructions on how to configure the plugin on their website, or you can just follow the instructions below:
1. Install the Coil Web Monetisation in your WordPress site
2. Add your Payment Pointer address in your plugin Global Settings
Webmonetization.org recommends a couple of ILP-enabled wallet providers that have payment pointers. They are:
3. Set the monetisation policy in your Content Settings
4. Finally, set your Excerpt Settings
And that’s it!
Once you’ve installed and configured your plugin, if a Coil subscriber visits your site and they have the Coil browser extension enabled, Coil will stream micro-payments to your ILP-enabled wallet for as long as the user is actively browsing your website!