ForumPay’s crypto payment infrastructure has now integrated with Shopify, giving one of the world’s largest e-commerce communities a simple way to accept all major cryptocurrencies while receiving the fiat currency of their choice.
Shopify powers a vast community of merchants selling across the globe, and the new integration means each of them can tap into the growing market of nearly one billion cryptocurrency users without adding friction to their checkout. When a Shopify store enables the option, customers simply choose to pay with crypto and complete their purchase through ForumPay’s secure hosted payment page.
Merchants can accept payment in any major cryptocurrency, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Litecoin (LTC), Tether USDT and USDC, while receiving the local fiat (USD, EUR, GBP and many more) currency of their choice. As with every ForumPay transaction, the conversion rate is guaranteed, so merchants are fully protected from any movement in the value of the underlying asset. There are no chargebacks, no fraud risk and no PCI-DSS compliance costs, and incoming funds settle in the merchant’s chosen currency on the next business day.
“Shopify powers a huge share of the world’s online stores, so bringing ForumPay to its merchants was a natural next step for us”, said Joshua Tate, ForumPay Co-Founder and Chief Executive Officer. “Any Shopify business can now give its customers the option to pay in crypto and settle in their own currency, with the speed and security our merchants have come to rely on.”
The integration is part of ForumPay’s continued work to make cryptocurrency a practical, everyday payment option for businesses of all sizes, helping merchants attract new customers and increase revenue while removing the complexity usually associated with accepting digital assets.
About ForumPay
ForumPay is a complete cryptocurrency-to-fiat payment technology firm; its core processing technology helps businesses attract new customers, optimize customers’ ability to spend, and increase revenue. ForumPay’s wallet-agnostic solution enables crypto consumers to spend their preferred cryptocurrency, from any wallet for everyday goods and services to luxury goods, automobiles, real estate, and private jets. ForumPay eliminates merchant exposure or risk by processing transactions with instant crypto-to-cash conversion. ForumPay merchants receive payments in the currency of their choice directly into their bank account. The transactional experience is similar to accepting other popular payment methods, including cash, credit cards, and bank transfers, but simpler, faster, and more secure.
Paul Wordsworth
Director Global Account Management
_________________________________________________________________________
Bitcoin.com accepts no responsibility or liability, and shall not be liable, whether directly or indirectly, for any loss, damage, claim, cost, or expense of any kind, whether actual, alleged, or consequential, arising out of or in connection with the use of, or reliance upon, any content, goods, or services referenced in this article. Any reliance placed on such information is strictly at the reader’s own risk.
