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Shopify goes Crypto

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.

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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