Shopify is one of the most popular electronic commerce platforms that exist today. One of the most important features of this platform is its policy of accepting many international currencies as payment methods for each of its virtual stores. Remember that Shopify has over 70,000 active stores within that platform. There are many things that make Shopify one of the most popular online trading platforms. Also, one of the most recent innovations that the company has developed is to accept the virtual currencies like bitcoin to be able to pay in some of these stores. For anyone who owns a virtual store here it would not be difficult to make the necessary configuration to start receiving Bitcoin as a means of payment.
Shopify accepts the bitcoin Shopify, through the BitPay system. In this sense, Shopify opens the door to all Bitcoin users to make purchases using the virtual currency.
This platform was created in 2006 in the Canadian city of Ottawa. Since then, it has spread to all the countries of the world, and its platform has been adapted to all the changes of the technological world even, to all the languages most used and the national currencies where it works
According to some specialists in the area, the integration of Bitcoin as a means of payment on the platform also means the adoption of the payment system Bitcredits.io, which is an alternative system to Stripe and PayPal. Which are the most used in the world so far. Bitcredits.io has been widely used as a means of payment to purchase products from the photovoltaic or solar thermal industry through the website yetisolar.com.
But, the use of Bitcoin in virtual stores continues to grow. In recent weeks, several electronic payment platforms and Internet buying and selling businesses have adopted Bitcoin as a means of payment for their products and services, which has favored the quotation of this virtual currency in recent days.
The company began accepting Bitcoin payments in November last year. In addition, Shopify began an alliance with Coinbase; In this way, all merchants who own a store virtual in Shopify can now choose which Bitcoin payment processor they want to use.
Louis Kearns, director of payments for this company has said that this decision to use Bitcoins and Coinbase will be two elements that will allow the merchants to select the payment processing company of the digital currency that best suits the needs of their business.
Kearns told CoinDesk:
"We have found that by supporting multiple payment providers encourages them to innovate a bit more and their customers benefit as a result. We see this as a very positive contribution for Shopify and for Bitcoin in general. "
Shopify has also created a broader section of educational resources for all those who wish to use Bitcoins as a means of payment. Here they have included information about BitPay and Coinbase, and how they can be activated by online merchants.
Kearns also said that merchants can take advantage of Shopify to test with both payment processors before choosing the one that most can adapt to their needs.
"We wanted to provide an option for merchants to select the Bitcoin payment provider that they would like to use."
Kearns, -Even said that many customers have requested the use of Coinbase Shopify after choosing as a payment processor to BitPay, this because of the different features offered by each platform. In addition, Kearns said that it is very likely the new offer and have adopted the Bitcoin, will make Shopify much more attractive for more merchants, which will allow the company to attract new investors:
"Each payment processor has different properties that make it more attractive to traders. For example, Coinbase is much more focused on offering its services in the United States, so you need to have bank accounts in the country to make bitcoin exchanges to legal tender money, while BitPay operates with a more international reach. "
