- Crypto.com has introduced Crypto.com Pay to all Shopify merchants.
- Merchants who signup until the 30th of next month will not pay the 0.5 percent settlement fees on all transactions.
Popular crypto platform Crypto.com is allowing Shopify merchants to incorporate Crypto.com Pay. On the 17th of May, Crypto.com announced that all Shopify merchants could begin enabling Crypto.com Pay on their electronic storefront. This means that shoppers now have another means of paying for their goods with cryptocurrencies. Merchants who use Crypto.com Pay swiftly receive their cryptocurrencies from the global user of Crypto.com’s services. Also, these merchants enjoy zero fees on all transactions.
Shopify Merchants welcome Crypto.com Pay
Crypto.com is welcoming Shopify merchants to Crypto.com Pay with juicy offers. Shopify merchants will not pay the 0.5 percent settlement fee on all transactions within one month of integrating Crypto.com Pay. The crypto platform said the offer is only valid for merchants who sign up for Crypto.com Pay between now and the 30th of June. Also, no setup fee.
The co-founder and CEO of Crypto.com commented on the Crypto.com integration with Shopify merchants. Kris Marszalek noted that the company prioritizes providing merchants and customers with the ability to use crypto in commerce. He pointed out that the company is delighted in the relationship with Shopify as it expands its offerings to more people globally.
Furthermore, Crypto.com customers can pay for their purchase using over 20 tokens. The acceptable tokens include BTC, SHIB, ETH, DOGE, APE, etc. Besides a 0.5 prcent settlement fee, merchants do not pay transaction fees when using Crypto.com Pay.
Lead of Blockchain Ecosystem at Shopify, John S. Lee, acknowledges the integration with Crypto.com Pay. He said:
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. Our growing blockchain ecosystem demonstrates our commitment to supporting merchants with alternative payment methods on their storefronts, helping to further what’s possible in commerce.
Crypto.com’s continuous growth
Crypto.com was founded in 2016, and it has exploded to become one of the fastest-growing cryptocurrency platforms globally. With more than 5,00 employees in offices in America, Europe, and Asia, the crypto platform boasts about 50 million customers. It has truly been living up to its vision- “ Cryptocurrency in Every Wallet.”
Meanwhile, Crypto.com Pay launched in 2018, integrating top companies. The likes of TIME Magazine, Coinzilla, and Ledger are some of Crypto.com Pay’s merchants. It also offers services to platforms such as WooCommerce and Oveit.
Recently, the company entered into a five-year partnership with Australian Football League (AFL). Under the deal, Crypto.com became the Official Currency Exchange and Official Cryptocurrency Trading Platform for AFL and Australian Football League Women’s (AFLW). The crypto company is also the official sponsor for FIFA World Cup 2022, which will happen later this year.