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.