Coinbase Commerce Brings Crypto to Millions of Online Merchants

August 5, 2018

 

Coinbase Commerce is a cryptocurrency payment solution that helps online merchants to accept cryptocurrency payments. They have recently released a number of announcements that are improving the accessibility of their products to a greater number of online vendors. Nearly 28% of all online vendors make use of WooCommerce, one of the most popular eCommerce platforms. Coinbase Commerce has released a WooCommerce plugin, which can be downloaded from GitHub. According to Coinbase, all WooCommerce merchants –“now have access to cryptocurrency payments from customers around the world. This increased access will lead to more widespread adoption, and ultimately, moves us closer to our goal of an open financial system”Bitcoin and litecoin can be sent from Coinbase Commerce, and the team is working on building similar functionality for bitcoin cash and ethereum. Merchants who use the React payment button can also embed a Coinbase Commerce function with a React component. They have also announced a Python library for Coinbase Commerce, and are considering Ruby, PHP, and Node.js. This will increase accessibility. Coinbase Commerce merchants do not have to pay fees to accept payments and remain in control of all funds.

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