Coinbase Commerce 400k milestone on Shopping.io
Coinbase Commerce is Coinbase’s own payment processing service giving merchants the option to accept crypto as a form of payment. Coinbase Commerce can be directly integrated into a merchant’s checkout flow or added as a payment option on an e-commerce platform. With just an email address and a phone, merchants can sign up and begin accepting payments. Coinbase Commerce allows merchants to accept payments using Bitcoin, Bitcoin Cash, DAI, Ethereum, Dogecoin USD Coin, USDT, APE Coin, Shiba and Litecoin, with payments being sent directly to a merchant wallet.
Shopping.io has utilized Coinbase Commerce over the past year to streamline our shopping experience and to give users a wider range of payment avenues for online payments through Amazon, eBay Walmart, and Home Depot.
Since the integration of Coinbase Commerce on July 16th 2021, it has facilitated the bulk of all transactions on Shopping.io, channelling 48% of all order fulfillments. Coinbase Commerce has aided Shopping.io in tapping into the crypto e-commerce market in the USA. This being said, transactions through Coinbase Commerce are highest in the USA at 97% with the top coins used being Ethereum, Bitcoin and Litecoin. Purchases through Coinbase commerce range from Lego sets and Nespresso capsules to iPhones, GoPros, and Oculus Headsets. These sales have had such a profound effect that we are now celebrating over $400,000 in transactions.
“Coinbase Commerce has been a valuable and trustworthy addition to our platform. I’m thoroughly looking forward to seeing how we can develop the crypto ecommerce space together.” Arbel Arif, Shopping.io founder and CEO
Shopping.io was established as of December 2020 and was founded by drop-shipping veterans with a vision to change how we make purchases with crypto.
Shopping.io gives you the ability to make purchases seamlessly online with your favourite cryptocurrencies and enjoy exclusive rewards on the platform, along with a variety of token specific discounts.
$SPI is Shopping.io’s native token and unlocks plan discounts and benefits on Shopping.io including free international shipping. $GSPI is Shopping.io’s governance token, unlocking our business plan for drop shippers and businesses alike allowing discounts on various purchases.