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Support CenterNewsShop.com Now Accepts Bitcoin Payments
Shop.com Now Accepts Bitcoin Payments
2022/03/08 17:04:10

The e-commerce portal offers the option to pay with Bitcoin, Ether and Dogecoin as well as several major dollar-pegged stablecoins.


United States-based e-commerce platform Shop.com is the latest site to adopt cryptocurrency payments. 


The company, which is owned by Market America, announced its partnership with crypto payment service provider BitPay, which will allow it to accept payments in several cryptocurrencies, including Bitcoin (BTC).


The new partnership enables Shop.com users to select the BitPay option during checkout to pay via their crypto wallets. Currently, users have the option to pay with Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Wrapped Bitcoin (WBTC), Dogecoin (DOGE) and Litecoin (LTC), as well as five U.S. dollar-pegged stablecoins.


Describing the partnership as the next chapter in doing business, Shop.com president and chief operating officer Steve Ashley said that the BitPay integration is available in all the countries in which Market America operates, including the United States, Canada, Australia, Hong Kong, Taiwan, the United Kingdom, Singapore and Malaysia.


BitPay is used by companies that usually deal with fiat currencies to act as a gateway for crypto payments. Businesses such as Las Vegas Auto Gallery and American luxury hotels The Kessler Collection signed a deal with BitPay to accept Bitcoin payments.


A recent study by the crypto payments provider revealed that both crypto holders and non-owners show clear interest in crypto payments.


As Cointelegraph reported, as many as 93% of responding crypto users indicated that they would consider making purchases in crypto in the future, while 59% of consumers who have never held crypto are interested in using it to make purchases.

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