Shopify, Coinbase, and Stripe have teamed up to make payments easier, faster, and more accessible to entrepreneurs around the world. Now, stores on Shopify can accept USDC, avoiding complicated technical issues and additional fees.
Sellers can already accept payments in USDC via the Base network using the usual Shopify tools. Everything is set up as simply as possible, without the need to delve into complex settings. Customers can pay with USDC through many different crypto wallets, including guest payment mode and Shop Pay. The funds received are automatically converted into the desired currency. But if you want to keep the USDC, you can withdraw it directly to your wallet. Thanks to the partnership with Stripe, accepting crypto payments has become easier.
What advantages does this give to the business?
Using the USDC allows you to avoid sudden exchange rate fluctuations that are often found in other cryptocurrencies. Transactions are processed instantly, even when it comes to international transfers, and fees remain very low. This is especially true for companies that do business with clients from other countries.
Shopify and Coinbase have joined forces to offer something special: a symbiosis of time-tested payment methods and advanced blockchain technologies. Smart contracts are now available to users, allowing them to temporarily "freeze" funds until the transaction is completed. It's like with a credit card, only faster and without borders, thanks to the crypt.
By accepting payment in USDC, the company has not just added another option for customers. She opened the door to the global financial system of the future. This is an opportunity to enter new markets, attract buyers from all over the world and forget about the problems of conventional payment systems.
Shopify is not going to stop on its way to unlimited commerce. The integration of the USDC makes this future significantly closer.