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Shopify Makes Accepting Crypto Easy for Merchants with Latest Integrations

May 20, 2022 by Knowlton Thomas Leave a Comment

Crypto.com announced recently that Shopify merchants can now enable Crypto Pay on their online storefronts, giving customers more ways to make their purchases.

Founded in 2016, Crypto.com is an exchange app offering 250 cryptocurrencies to 50 million customers across 90 countries. Crypto Pay allows merchants to receive cryptocurrencies instantly from a global base of users with zero transaction fees.

“Providing more customers and merchants the ability to engage in commerce using cryptocurrencies is a priority for Crypto.com,” said Kris Marszalek, Chief Executive Officer of Crypto.com. “We are incredibly excited to integrate into Shopify, and to bring this capability to even more customers and merchants around the world.”

Through Crypto.com Pay, customers can pay with more than 20 tokens, including BTC, ETH, CRO, SHIB, and even DOGE.

“We’re happy to welcome Crypto.com to help Shopify merchants provide an additional fast and convenient way for customers to pay for their online orders,” said John Lee, Lead of Blockchain Ecosystem at Shopify.

Last month, Shopify struck a similar integration deal with Strike, a digital payments platform built on Bitcoin’s Lightning Network.

“Our growing blockchain ecosystem demonstrates our commitment to supporting merchants with alternative payment methods on their storefronts, helping to further expand what’s possible in commerce,” Lee added.

“We’re proud to partner with Shopify to provide merchants with a cheaper and faster way to accept US dollars using Bitcoin technology,” Jack Mallers, CEO of Strike, said in April. “The Lightning Network is a global payments network that lowers costs, enhances speed, drives innovation, improves financial inclusion, and brings the power of choice to consumers and merchants.”

In a similar vein, crypto acceptance is also gaining steam amongst non-profit organizations too.

Filed Under: News Tagged With: Crypto.com, Shopify, Strike

 
 

About Knowlton Thomas

Knowlton Thomas is Editor-in-Chief of The Midway Advance and Senior Writer for Fintech.ca. Over more than a decade of journalism, he has penned thousands of articles and dozens of essays on technology, health, and culture across a variety of publications.

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