SHOPIFY STARTED WORKING WITH COINPAYMENTS

E-Commerce platform Shopify from Canada has started working with CoinPayments. Now it will surely allow businesses accept payments using the platform (in cryptocurrencies). According to Shopify, which serves more than a million businesses in 175 countries, the partnership with CoinPayments will allow merchants of the platform to receive payment in cryptocurrencies. Last year, Shopify tested the CoinPayments solution before deploying it on the platform. Under the terms of the partnership, companies will be able to receive payments in any of the 1800 cryptocurrencies supported by CoinPayments. 

The new initiative will help Shopify merchants make fast cross-border payments and eliminate the need to work with multiple payment operators in different jurisdictions around the world.

CoinPayments CEO Jason Butcher said:

By combining our easy-to-use global cryptocurrency payment platform with Shopify's extensive merchant base, we want to simplify processes for everyone who wants to do business using cryptocurrencies. We believe that our joint solution is the future of payments for business.

Jason Butcher

Earlier this year, Shopify, together with the real Items Foundation startup, conducted beta testing of a new plug-in on the VeChain blockchain and a cloud-based Tam application for verifying the authenticity of tokenized goods.