Shopify Adds Merchant Support For NFTs

Merchants using Shopify as their e-commerce platform now have the opportunity to accept bitcoin payments thanks to an integration with San Francisco-based Coinbase's merchant services starting today. The way it works is simple: the merchant signs up for an account on Coinbase, enables the integration on the Shopify backend, and then enters their credentials to complete the process. From there, it's bitcoin madness. Already, four merchants have decided to use the integration. They are: Leap Motion, Boosted Boards, Soylent, and iOgrapher. A statement from Soylent on the integration: We have....

It’s looking like the “Shopify of NFTs” is actually just going to be Shopify. The e-commerce powerhouse is implementing NFT support for marketplaces, NHL superstar Alexander Ovechkin is the latest athlete to jump in, Lollapalooza has got some tokens for you, and more. Where do we even begin? Let’s deep dive into this week’s non-fungible […]

On the tails of Bitcoin Black Friday, BitPay Inc. announced a new record of processing 55,288 of bitcoin merchant transactions in November. BitPay continues to sign on new merchants daily and most recently released a new merchant pricing model and merchant directory. Taking the lead in the payment processing space in the Bitcoin community, BitPay also brought on Virgin Galactic as a merchant to go as far as facilitate the acceptance of Bitcoin for flights to outer space! BitPay onboarded over 3,000 merchants and also worked with Shopify to integrate BitPay into its checkout process to....

GoCoin has become the latest payment processor to be integrated into the Shopify e-commerce platform, joining Coinbase and BitPay in offering cryptocurrency payments options to merchants on the platform. Unlike Coinbase and BitPay, however, GoCoin will allow merchants to take payments not only in bitcoin, but also the altcoins dogecoin and litecoin. Eric Benz, GoCoin's business development advisor, said the deal has been months in the making, and was only completed because Shopify merchants like GAW Miners asked the e-commerce platform for altcoin payment options. Benz explained: "In the....

The Tezos NFT ecosystem gained a lot of traction over the past year due to its low cost of minting and energy efficiency. The Tezos blockchain partnered with Web3 automation platform Taco to allow Shopify users to access Tezos nonfungible tokens (NFTs) via Taco’s NFT loyalty program. The e-commerce giant has established itself as a growing destination for brands looking for Web3 engagements.TheTaco app allows brands to integrate Web3 solutions such as NFTs to increase engagement with customers and e-commerce platforms such as Shopify use Taco app plugins to offer these services to their....