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World-renowned eCommerce platform, Ecwid, has integrated popular fintech payment app Crypto.com Pay plugin in its check out.

Now, Ecwid users can make payments for purchased items with cryptocurrency using Crypto.com Pay. The eCommerce platform currently boasts of over 1 million Ecwid online shops in over 75 countries worldwide.

Crypto.com confirmed this announcement in an official blog post. With this integration, the fintech platform will add over 1 million merchants via Ecwid. Moreover, this would go a long way in facilitating global crypto adoption and awareness.

As a result, merchants on the Ecwid platform could now “easily accept cryptocurrency through the Crypto.com Pay checkout plugin”. Besides, it also comes with an offer for zero settlement transaction fees for the first six months.

According to the announcement, merchants will be able to accept payments in Bitcoin (BTC), Litecoin (LTC), Ripple (XRP) and Crypto.com native tokens (CRO).

Furthermore, there is an important feature to benefit the merchants still skeptical of the volatile nature of cryptocurrencies. It enables them to opt immediately for the conversion of crypto to fiat. Incidentally, the fiat currencies that the Crypo.com platform support include the US Dollar and the Euro. 

About Crypto.com

Founded in 2016, Crypto.com envisions driving global crypto adoption by ensuring everyone has the sole decisionmaking power regarding their money. Notably, the Crypto.com Pay app plugin is designed to protect and secure customer data while providing them with the option to make crypto payments. 

Merchants, wishing to take advantage of this new feature, can download the Crypto.com checkout plugin by visiting the Ecwid app listing page.

Crypto.com has recently been in the limelight with the listing of its MCO tokens on the Indian crypto exchange CoinDCX. It also added soft staking support for VeChain VET tokens, while EOS and XLM became available on the fintech platform as loan collateral. To mark the occasion of Bitcoin’s 3rd halving on May 12, Crypto.com had earlier offered BTC at half price.

(Excerpt) Read more Here | 2020-05-13 14:04:00

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