RATE Group | Will Shopify’s New Cryptocurrency Partnership Widen Its Moat?
89323
post-template-default,single,single-post,postid-89323,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Will Shopify’s New Cryptocurrency Partnership Widen Its Moat?

27 May Will Shopify’s New Cryptocurrency Partnership Widen Its Moat?

Posted at 09:05h in Cryptocurrency News by

Shopify‘s (NYSE:SHOP) platform allows its merchants to accept payments in bitcoin, Litecoin, Ethereum, and over 300 other types of cryptocurrencies. It recently expanded that reach by partnering with cryptocurrency payments processor CoinPayments, which helps merchants process 1,800 types of cryptocurrencies.

Shopify claims the partnership will “make cryptocurrency transactions easier and more accessible while reducing transaction fees.” CoinPayments CEO Jason Butcher declared the partnership would deliver a “seamless process for anyone looking to do business using cryptocurrencies.”

CoinPayments has processed over $5 billion in cryptocurrency payments since its founding in 2013 and provides clients with various APIs, shopping cart plugins, and digital wallets. Shopify’s cryptocurrency expansion…

Source link

Tags:
, , , ,