CoinPayments, the world’s leading cryptocurrency payments processor, announced a new strategic partnership with Shopify. The collaboration will bring CoinPayments’ crypto payments processing platform to all Shopify merchants as both companies look to fuel wider adoption of payments in digital currencies.
This announcement follows a successful beta trial that started in 2019. Under the terms of the partnership, CoinPayments will now be a visible payment option for merchants on the Shopify platform and will make cryptocurrency transactions easier and more accessible while reducing transaction fees. Vendors will now get paid faster in any of the 1,800 cryptocurrencies supported by CoinPayments while gaining access to untapped markets globally. This partnership further enables cross-border payments, allowing merchants to eliminate the hassle of working with multiple payment processors across different jurisdictions.
“The combination of Shopify and CoinPayments is unstoppable in the payments industry,” said CoinPayments CEO Jason Butcher. “By bringing our easy-to-use global crypto payments platform together with Shopify’s extensive merchant base, we look forward to delivering a seamless process for anyone looking to do business using cryptocurrencies. As leaders in ecommerce and crypto payments, our combined expertise reflects the future of business transactions.”
The collaboration with Shopify is just one of several expected announcements that will expand CoinPayments’ simple and secure crypto payments platform to a new set of partners and merchants.
Interesting in learning about developing an eCommerce strategy?
TSG’s Directory of eCommerce Providers & Marketplaces takes a deep dive into the developing digital world of commerce, highlighting industry statistics, figures, and trends. The report provides information on 355 leading eCommerce technologies and platforms.
Click here to learn more and download a preview.
The post World’s Leading Crypto Payments Processor CoinPayments Announces Strategic Partnership with Shopify appeared first on The Strawhecker Group.