Shopify expands Bitcoin offerings with Coinbase partnership

A new partnership between Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term processor Coinbase and Ecommerce platform provider Shopify gives merchants more BTC payment options.

The new integration is fairly simple to enable. Firstly a merchant needs to sign up for a Coinbase account, if they do not have one already, authorize the integration in Shopify’s back-office interface, and enter their Coinbase credentials

Shopify has announced on 4 merchants already using the new Bitcoin option. The merchants include Leap Motion, Boosted Boards, Soylent, and iOgrapher.

“We have been looking for a simple and secure way to accept bitcoin ever since we decided to build our ecommerce website on Shopify. Our customers have been asking for it from the very beginning. We are excited to offer bitcoin Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term via Coinbase’s Shopify plugin because Coinbase makes checkout extremely simple while still maintaining a high level of bitcoin wallet security. Compared to other processors, Coinbase provides a seamless end-to-end experience – from the customer checkout to the Shopify storefront to our own secure Coinbase wallet,” read a statement by Soylent on their new BTC support.

This is not the first time Bitcoin processing is made available to Shopify merchants. European BTC processor BIPS has offered an unofficial plugin for Shopify since November 2013. Shortly after BIPS’ revealed their add-on, Shopify partnered with BitPay to offer official Bitcoin integration to its merchants.

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