Crypto.com. Image: Crypto Times
Crypto.com, the world’s fastest growing cryptocurrency platform, announced that Shopify merchants can now enable Crypto.com Pay in their online storefronts and expand their reach by giving customers the option to shop with cryptocurrencies.
Crypto.com Pay allows merchants to instantly receive cryptocurrencies from a growing global base of Crypto.com users with zero transaction fees. This service is available to all Crypto.com app users worldwide.
To provide more incentives for Crypto.com Pay merchants, Crypto.com offers customers cryptocurrency cashback rewards when they checkout with Cronos Token (CRO), which can be up to 10% during promotion periods. .
Providing more customers and merchants with the ability to trade using cryptocurrencies is a priority for Crypto.com and we are incredibly excited to integrate Shopify and bring this feature to even more customers around the world.
Kris Marszalek, co-founder and CEO of Crypto.com.
Crypto.com Pay features zero transaction fees and only 0.5% settlement fees – an 80% savings in fees when compared to typical payment processors. Merchants do not need to pay any setup costs and the integration takes just a few minutes. Through Crypto.com Pay, customers can pay with over 20 tokens, including BTC, ETH, CRO, SHIB, DOGE, and APE.
For Shopify’s Blockchain ecosystem leader John S. Lee, providing yet another fast and convenient way to pay demonstrates the company’s commitment to supporting merchants. “We are happy to welcome Crypto.com to help Shopify merchants provide more of this option for customers to pay online, helping to further expand what is possible in commerce.”
Since launching in 2018, Crypto.com Pay has helped merchants like TIME Magazine, Ledger and Coinzilla, as well as platforms like WooCommerce and Oveit, tap into the global cryptocurrency economy and accept cryptocurrencies on their websites.
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