Crypto.com Pay, a payment service offered by the cryptocurrency exchange, is now available to all Shopify retailers. According to an announcement made on Tuesday by Crypto.com, more than 2.1 million daily active Shopify businesses from around the world can now integrate the payment solution and profit from reaching more customers with greater access to crypto payments. Crypto.com co-founder and CEO Kris Marszalek reported this: We are incredibly excited to integrate into Shopify, and to bring this capability to even more customers and merchants around the world. Merchants will be able to receive crypto payments instantaneously thanks to Crypto.com Pay's off-chain, real-time access to payments made via the Crypto.com App.
The service has no transaction fees, and the 0.5 percent settlement fee payable after the promotion is 80 percent less than what is charged by most payment processors. Merchants that want to take advantage of the deal must sign up before June 30, 2022. Customers of Crypto.com Pay will be able to pay for online purchases with more than 20 tokens thanks to the integration. Bitcoin (BTC), Ethereum (ETH), Crypto.com Coin (CRO), Shiba Inu (SHIB), Dogecoin (DOGE), and ApeCoin will be among them.
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