E-commerce giant Shopify supports cryptocurrency payments
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Answer E-commerce giant Shopify supports cryptocurrency payments
Cryptocurrency has become one of the prominent payment methods that commerce platforms and digital stores can take advantage of.
Recently announced Popular e-commerce platform Shopify has partnered with CoinPayments, a cryptocurrency payment processor, which allows all Shopify customers to accept cryptocurrency as payment.
According to the press release, the announcement follows a successful trial that Shopify started in 2019.
The new partnership from now on will allow CoinPayments to make a visible payment option available to all merchants on the Shopify platform.
Jason Butcher, CEO of CoinPayments, stated that the combination of Shopify and CoinPayments is unstoppable in the digital financial payments industry.
Butcher added:
By combining our easy-to-use crypto digital payments platform with Shopify’s extensive merchant base, we look forward to providing a seamless process for anyone looking to do business with cryptocurrency.
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Merchants will now get faster payments with 1,800 cryptocurrencies powered by CoinPayments, the press release states.
In February, Canadian multinational e-commerce company Shopify joined the Facebook Libra Project Association.
Shopify will work jointly with the Libra Association to create a payment network that makes money easier to reach and support merchants and consumers everywhere.
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