Shopify goes Crypto

21^st May 2020

Shopify (NYSE:SHOP) and crypto-currency payment processor CoinPayments announced a new strategic partnership after jointly conducting a beta test last year.

The collaboration will make CoinPayments’ cryptocurrency payment processing solution accessible to all Shopify merchants as both companies seek to broaden the adoption of digital currency payments.

A new collaboration with @CoinPaymentsNET means more $Crypto payment routes for @Shopify sellers, @benjaminpirus reports. https://t.co/abC6O0LQOJ
— Cointelegraph (@Cointelegraph) May 20, 2020

As part of the partnership, CoinPayments will now be a visible payment option for merchants on the Shopify platform, making crypto-currency transactions easier and more accessible while reducing transaction fees. Sellers will now be paid faster in one of the 1.8K crypto-currencies supported by CoinPayments.

Source: Shopify Help Center:
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