BigCommerce announced a strategic partnership with BitPay and CoinPayments to easily and securely deliver cryptocurrency payment solutions to BigCommerce merchants in select countries.
With the expansion of its crypto ecosystem, BigCommerce opens up opportunities for its merchants to offer payment options, broaden market share, tap into a new customer base and accelerate international growth through innovation.
"A new era of consumers are passionate about transacting using crypto, and we're helping them do it. Merchants embracing this new technology can remain relevant and maintain a cutting edge as the world of payments continues to shift to digital currency," said Marc Ostryniec, chief sales officer at BigCommerce, which is an open software-as-a-service ecommerce platform that helps merchants build, innovate and grow their businesses online.
With BitPay, merchants can accept a variety of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Bitcoin Cash (BCH), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC), Litecoin (LTC), XRP (XRP) and five USD-pegged stablecoins (BUSD, DAI, GUSD, USDC, and USDP).
"Accepting cryptocurrency can be intimidating and complex with, at times, a learning curve. We've teamed 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," said BitPay CEO Stephen Pair.
CoinPayments, which has more than 115,000 merchants in 190 countries, is a crypto payment gateway giving merchants the ability to accept real-time global payments from over 100 cryptocurrencies including Bitcoin, Ethereum and Litecoin with a 0.5% processing fee.
"Amidst an increase in demand worldwide for alternative payment solutions, our partnership with BigCommerce provides merchants of all sizes with a trusted, streamlined, and scalable solution to accept cryptocurrency payments," said Kalin Kalinov, chief marketing officer of CoinPayments.
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