New Partnership Adds Crypto Payment Routes to Shopify

New Partnership Adds Crypto Payment Routes to Shopify

CoinPayments Crypto Payment Processor Partnership means enhanced compatibility for Canadian e-commerce giant Shopify digital asset payments.

“Shopify is a natural fit for us,” Jason Butcher, CEO of CoinPayments, told Cointelegraph via email, adding:

“As they look to bring new features to their merchant base and CoinPayments works to drive cryptocurrency adoption globally, it makes sense to create an integration that enables easy, secure, and cost-effective transactions.”

Shopify sellers can accept thousands of assets

Shopify sellers may now leverage the digital asset payment processing network of CoinPayments, paving the way for sellers to accept 1,800 different cryptocurrencies as payment, a detailed statement from May 20.

Shop asserted the compatibility of cryptocurrency payments before the CoinPayments partnership. Coinbase Commerce, BitPay, and GoCoin, though CoinPayments is adding to the offering.”CoinPayments is the largest cryptocurrency payments processor on the Shopify platform with the most extensive global reach,” Butcher said.

The two companies have just concluded a trial period

The official partnership comes after the two organizations complete a phase of testing. Beta operations started in 2019 and tested the waters on a few fronts.

Butcher elaborated:

“The beta trial process involved a full functionality and security test with live merchant interactions before becoming publicly available to the entire Shopify platform.”

Aeternity, one of the blockchain outfits in the industry. Also, it has also recently opened an option for digital asset tipping for social media influencers. Also, bringing more in-roads to the mainstream world.