Crypto exchange platform Crypto.com has announced that its payments product Crypto.com Pay is now available to all Shopify merchants.
With this, Shopify merchants from across the world can now integrate the payment solution and benefit from reaching more customers with expanded access to crypto payments, according to Crypto.com’s announcement published on Tuesday.
Crypto.com o-founder and CEO Kris Marszalek said:
We are incredibly excited to integrate into Shopify, and to bring this capability to even more customers and merchants around the world.
John S. Lee, the Lead of Blockchain Ecosystem at Shopify also hailed the partnership as a great move meant to benefit both merchants and customers.
We’re happy to welcome Crypto.com to help Shopify merchants provide an additional fast and convenient way for customers to pay for their online orders.
Shopify merchants to enjoy 0% settlement fee
Crypto.com Pay offers off-chain, real-time access to payments made via the Crypto.com App and merchants will be able to receive crypto payments instantly.
The service is available at zero transaction fees, with the 0.5% settlement fee charged after the promotion 80% lower compared to what is charged by typical payment processors.
Shopify merchants who wish to tap into the offer have to sign up by June 30, 2022.
With the integration, Crypto.com Pay customers will pay for online purchases via more than 20 tokens. These will include Bitcoin (BTC), Ethereum (ETH), Crypto.com Coin (CRO), Shiba Inu (SHIB), Dogecoin (DOGE) and ApeCoin (APE).
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