CryptoCom Payment Now Available for Shopify Merchants

CryptoCom has announced enabling Shopify merchants to leverage its payment solution  – CryptoCom Pay – on their online storefronts.

According to the official blog, the crypto trading platform said that this latest move would help it expand its reach by providing more options for customers to purchase cryptocurrencies.

CryptoCom – Shopify

Shopify has announced that CryptoCom Pay will waive the 0.5% settlement fee for all transactions within a month of integrating. This is to encourage Shopify merchants. The offer is available for stores until June 30th. Customers can currently purchase more than 20 tokens including Bitcoin (BTC), Ethereum(ETH), Cronos [CRO], Shiba Inu (“SHIB”), Dogecoin (“DOGE”), and ApeCoin” (APE)

Kris Marszalek (Co-founder and Chief Executive Officer at CryptoCom) commented on the developments. He stated that the company’s top priority is to offer more merchants and customers the opportunity to trade cryptocurrencies using cryptos.

John S. Lee, Head of Blockchain Ecosystem at Shopify also spoke.

“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. 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.”

Shopify Advances its Steps

E-commerce giant Shopify has teamed up with Strike, the digital payment platform. This partnership will allow merchants in the United States to receive Bitcoin payments faster and cheaper via the Lightning Network. As reported earlier, Shopify’s focus is on tapping the previously unexplored segment and purchasing power while letting its merchants generate savings via low-cost payment processing.

Shopify announced previously that it would allow merchants to trade NFTs via its platform, after partnering up with GigLabs. At the beginning of this year, the company’s founder, Tobias “Tobi” Lütke, joined Coinbase’s Board of Directors.

Shopify was last month sued by TaskUs and Ledger for a data breach that occurred two years ago. The plaintiffs accused that both Shopify and TaskUs were aware of the violation in Ledger’s database for more than a week before notifying customers.

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