Shopify Expands Crypto Payment Options Through Crypto.com Pact
Shopify (SHOP), a e-commerce platform for merchants, now has access to Crypto.com as another way for accepting cryptocurrency payments.
Sellers use the Crypto.com Pay feature can allow customers to settle their accounts with over 20 tokens, according to a statement.
Strike, the payments network headed by Jack Mallers announced integration for Bitcoin Lightning payments with Shopify in April. Merchants can apply for the integration with Shopify in April by Jack Mallers, Head of Strike. also able to accept crypto with Coinbase Commerce and BitPay, according to Shopify’s website.
“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,” John Lee, Shopify’s lead of blockchain ecosystem, said.
Shopify merchants receive a bonus by using Crypto.com Pay will not pay settlement fees for one month.
Shopify, an Ottawa-based company, saw its shares rise more than 11% during NYSE trading at 15:28 UTC.