Fri, September 16, 2022 ▪ 6:00 pm ▪
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BigCommerce, the Open SaaS e-commerce platform, will now support cryptocurrency payment solutions. It recently partnered with crypto app Bitpay and crypto payment gateway CoinPayment to create one-click integrations. These integrations will allow over 60,000 merchants to receive payments in bitcoin and cryptocurrencies. This dual partnership will allow BigCommerce to have a broader cryptocurrency ecosystem. Merchants will have new payment options, which will facilitate their development in new markets.
BigCommerce integrates bitcoin and cryptocurrency payments
E-commerce giant BigCommerce is entering another phase with the integration of bitcoin and cryptocurrency payments. According to its September 15 press release, it has partnered with Bitpay and CoinPayment. This partnership aims build one-click integrations for 60,000+ merchants around the world are accepting crypto payments. The e-commerce platform does not intend to stop there. It plans to expand similar partnerships to expand its cryptocurrency ecosystem.
Consideration of innovative payment solutions is good news for BigCommerce and its customers. Remember that this platform helps companies to set up their e-commerce stores with a touch of ease of use and the integrations of their partners. The platform has approx. 60,000 merchants worldwideeveryone can receive payments in bitcoin and cryptocurrency.
Bigcommerce, Shopify’s Rival Updates
The democratization of cryptos is a reality, companies that do not link to it will be overcome. To stay ahead of the curve, Shopify’s perennial rival has decided to focus on a new type of merchant. These are cryptocurrency holders, who only grant interest to stores that accept digital currency paymentss. It is in this sense that Marc OstryniecBigCommerce executive admits that: “A new age of consumers is passionate about transactions using cryptocurrencies, and we are helping them to do just that.”
The integrations brought by the two platform partners are aimed at all merchants. To encourage them, the e-commerce giant takes up the advantages of these payment solutions. In the press release published by BigCommerce, the company insists on greater visibility. With bitcoin and crypto as alternative payment methods, we are targeting a wider clientele. The other advantages of this new infrastructure concern the costs. They will be lower and lower operating costs.
The partnership with Bitpay and CoinPayment it will also help companies gain control over their portfolios. That way, they can easily reduce all the risks associated with false chargebacks. Stephen Parthe CEO of Bitpay, knows that the start will not be easy and that merchants will have to be supported. “Accepting cryptocurrency can be daunting and complex at times with a learning curve (…) we have partnered with BigCommerce to help minimize the advantage for merchants to add cryptocurrency as a payment option alongside their existing payment methods with just few clicks. », he specified.
In short, the e-commerce platform BigCommerce only has two partners in its bitcoin and crypto ecosystem. However, the e-commerce giant intends to expand its integrations through new partnerships.
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A PhD candidate in financial law and an experienced SEO web editor, Cédrick Aimé is passionate about cryptocurrencies, trading, etc. He naturally participates thanks to his articles in the daily blockchain revolution for a better democratization of DeFi.