$SHIB: BigCommerce, BitPay, and CoinPayments Collaborate to Further Boost Crypto Adoption

$SHIB: BigCommerce, BitPay, and CoinPayments Collaborate to Further Boost Crypto Adoption

Open a SaaS e-commerce platform BigCommerce (Nasdaq: BIGC) reports “a strategic partnership with cryptocurrency leaders BitPay and CoinPayments to provide easy and secure cryptocurrency payment solutions to BigCommerce merchants in select countries.”

BigCommerce’s press release He stated that “By expanding the crypto ecosystem, BigCommerce opens opportunities for its merchants to offer payment options, expand market share, tap into a new customer base and accelerate international growth through innovation.”

Austin-based BigCommerce “provides merchants with advanced enterprise-grade functionality, customization and performance with simplicity and ease of use,” and “tens of thousands of B2C and B2B businesses in 150 countries and many industries use BigCommerce to create beautiful and engaging online products including Ben & Jerry’s, Molton Brown, SC Johnson, Skullcandy, Solo Stove, and Vodafone.”

The press release went on to say that “BigCommerce’s open and flexible approach to e-commerce means merchants can choose which cryptocurrency payment solutions work best in their BigCommerce store,” and that “with one-click integration, merchants can start offering cryptocurrency as another payment method to shoppers who They are looking to spend their cryptocurrency.”

Mark Ostrnik, BigCommerce’s chief sales officer, said this:

Expanding our crypto ecosystem to include the best and trusted partners is just one step towards driving innovation and growth for our merchants. A new era of consumers are excited about transacting with cryptocurrency, and we’re helping them do just that. Merchants that embrace this new technology can stay relevant and stay ahead of the curve as the payments world continues to shift to digital currency.

Crypto payment processor BitPay enables merchants to “accept a variety of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Bitcoin Cash (BCH), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC), and Litecoin (LTC), XRP (XRP), and 5 stablecoins pegged to the US dollar (BUSD, DAI, GUSD, USDC, and USDP).

Stephen Beer, CEO of BitPay stated:

Accepting cryptocurrencies can be intimidating and complicated with a learning curve at times. We’ve teamed up with BigCommerce to help reduce the lift on merchants to add crypto as a payment option alongside existing payment methods with just a few clicks. Our strategic partnership and integration with BigCommerce is taking crypto into the mainstream and supporting a different future of payments to transform how merchants receive money around the world.

BigCommerce also mentioned that some of the main benefits of this partnership are as follows:

  • By offering cryptocurrency as a payment method, merchants can unlock their brands in an entirely new global marketplace to develop trust and loyalty with forward-thinking consumers across a range of retail categories.
  • With crypto transactions, fees are often much lower than traditional financing, which reduces transaction costs for merchants and puts savings back into business.
  • By expanding the payment options to choose from, merchants are able to simplify the purchasing path to enhance the shopper experience.
  • By accepting cryptocurrencies, merchants are gaining a competitive advantage by transitioning with technological advancements in e-commerce and changing consumer demands.

Source link

Leave a Comment