Last Updated on May 19, 2022 by Bitfinsider
In a blog post, the Singapore-based crypto exchange revealed that Shopify merchants may now incorporate Crypto.com Pay, its in-house payment solution, into their online store.
To welcome Shopify merchants to Crypto.com Pay, Crypto.com will waive the 0.5% settlement fee on all transactions for one month after integrating.
Customers who purchase with the crypto exchange’s own currency, Cronos (CRO), may receive up to 10% cashback.
“Giving more customers and traders the ability to trade cryptocurrencies is a priority for Crypto.com,” said Kris Marszalek, CEO of Crypto.com. “We’re incredibly excited about the integration with Shopify and look forward to bringing this capability to even more customers and merchants around the world.”
“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 S. Lee, Lead of Blockchain Ecosystem at Shopify. “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.”
In over 175 countries, Shopify has around 1.7 million sellers. Strike, a payment software, has revealed a similar integration with the online shop platform, allowing for Bitcoin Lightning network payments.
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