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BigCommerce Has Partnered With BitPay and CoinPayments to Deliver Crypto Payments Solutions

September 17, 2022
in Fintech
Reading Time: 3 mins read

BigCommerce (Nasdaq: BIGC), an open SaaS e-commerce platform for rapidly growing and established B2C and B2B brands, has announced a strategic partnership with a cryptocurrency organization. bit pay When coin payment Easily and securely provide cryptocurrency payment solutions to BigCommerce Enterprise merchants in selected countries.

By expanding its crypto ecosystem, BigCommerce offers merchants the opportunity to offer more payment options, increase market share, tap into new customer bases, and accelerate international growth through innovation. open.

Expanding our crypto ecosystem to include trusted best-of-breed partners is just one step in driving merchant innovation and growth, he said. Mark Ostriniec, Chief Sales Officer of BigCommerce. New age consumers are passionate about transacting with cryptocurrencies and we are helping them do just that. As the world of payments continues to shift to digital currencies, this new technology Merchants who adopt are able to stay relevant and stay on the cutting edge.

BigCommerce’s open and flexible approach to e-commerce means merchants can choose the cryptocurrency payment solution that works best with their BigCommerce store. One-click integration allows merchants to start offering cryptocurrency as an alternative payment method for shoppers looking to use cryptocurrency.

With BitPay, merchants can use Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Bitcoin Cash (BCH), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC), Litecoin (LTC), It can accept a variety of cryptocurrencies, including XRP. (XRP) and five USD-pegged stablecoins (BUSD, DAI, GUSD, USDC, and USDP). A pioneer in blockchain payment technology, BitPay has processed over $5 billion in payments since 2011 and supports over 100 crypto wallets.

Accepting cryptocurrencies can be intimidating and complicated, sometimes with a learning curve. Steven pairOur strategic partnership and integration with BigCommerce will help bring cryptocurrencies mainstream, support a different future of payments, and change the way merchants around the world receive money.

With over 115,000 merchants in 190 countries around the world, CoinPayments empowers merchants with the ability to accept real-time global payments from over 100 cryptocurrencies, including Bitcoin, Ethereum and Litecoin, with processing fees as low as 0.5%. A crypto payment gateway that provides

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With growing global demand for alternative payment solutions, our partnership with BigCommerce provides merchants of all sizes with a reliable, streamlined and scalable solution for accepting cryptocurrency payments. Karin Kalinov, Chief Marketing Officer of CoinPayments. As the number of cryptocurrency holders around the world continues to grow, we are excited to partner with BigCommerce to offer merchants a unique opportunity to reach new audiences and grow their business.

BigCommerce’s crypto ecosystem provides industry-leading crypto technology to tens of thousands of global B2C and B2B BigCommerce merchants, striving to keep them viable and sustainable as currencies around the world evolve. I’m here. Key benefits of this partnership include:

  • Reach a wider market. By offering cryptocurrency as a payment method, merchants can open up their brands to entirely new global markets, fostering trust and loyalty with forward-thinking consumers across a range of retail categories. .
  • Reduce transaction fees. With crypto trading, fees are often much lower than in traditional finance, reducing transaction costs for merchants and passing the savings on to their businesses.
  • Reduce risk. Blockchain technology was built with security first, reducing issues related to buyer fraud. Merchants have full control over all funds held in their store wallet and are protected from reverse chargebacks after receiving those funds.
  • more payment options. By expanding the payment options available, merchants can streamline the purchase path and improve the shopper experience.
  • innovation. By accepting cryptocurrencies, merchants gain a competitive edge by keeping up with technological advances in e-commerce and changing consumer demands.

BigCommerce’s growing crypto ecosystem currently consists of technology partners BitPay and CoinPayments and will continue to expand.

  • Francis Bignell

    Francis is a journalist with a BA in Classical Civilizations and a professional interest in North and South America.

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