- The modern consumer has a deep interest in crypto-based financial dealings.
- As a result of the collaboration, stores will be able to take several cryptocurrencies.
BigCommerce, a Nasdaq-listed e-commerce platform, has revealed a new collaboration meant to strengthen and broaden the company’s crypto ecosystem. It has formed a partnership with two of the most prominent names in the cryptocurrency payment industry, BitPay and CoinPayments. This partnership will allow BigCommerce to more effectively serve merchants in targeted geographies by providing them with access to secure cryptocurrency payment processing.
Marc Ostryniec, chief sales officer at BigCommerce stated:
“Expanding our crypto ecosystem to include trusted best-of-breed partners is just one step towards driving innovation and growth for our merchants.”
Addition to Existing Payment Methods
Moreover, Ostryniec said, the modern consumer has a deep interest in crypto-based financial dealings. To that end, he’s eager to provide a hand. According to Ostryniec, successful businesses are the ones who embrace new payment methods.
BigCommerce’s flexible e-commerce platform means that merchants may integrate whatever crypto payment methods they like. As a result of the collaboration, stores will be able to take several cryptocurrencies.
BitPay CEO Stephen Pair stated:
“We’ve teamed up with BigCommerce to help minimize the lift for merchants to add crypto as a payment option alongside their existing payment methods in just a few clicks. Our strategic partnership and integration with BigCommerce moves crypto into the mainstream and supports a different future for payments.”
CoinPayments is accepted by over 115,000 businesses in 190+ countries. BigCommerce’s crypto payment solution will also benefit from this development. In addition, the platform is working to expand the crypto ecosystem to include more retailers.
This will allow tapping into a larger customer base while also reducing costs and threats associated with transactions. Also, the firm will be able to continue to innovate, which is important for offering new services to merchants and accepting other forms of payment.
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