cryptoknowmics.com
BigCommerce, an Open SaaS e-commerce platform for well-known and rapidly expanding B2C and B2B brands, recently announced a strategic alliance with BitPay and CoinPayments, two of the biggest names in the cryptocurrency industry, to deliver crypto payment services to BigCommerce merchants in specific countries. https://twitter.com/BigCommerce/status/1570406670894776321
More Opportunities For Merchants By BigCommerce
BigCommerce increases the potential for its merchants to provide payment options, increase market share, reach a diverse consumer base, and promote innovation to boost global growth. According to Marc Ostryniec, chief sales officer at BigCommerce,
"Expanding our crypto ecosystem to include trusted best-of-breed partners is just one step towards driving innovation and growth for our merchants. A new era of consumers are passionate about transacting using crypto, and we're helping them do it. Merchants embracing this new technology can remain relevant and maintain a cutting edge as the world of payments continues to shift to digital currency."
Open and Adaptable E-commerce Model
The open and adaptable e-commerce model of BigCommerce allows businesses to select the cryptocurrency payment options that perform great in their BigCommerce store. With a single-click interface, a business can start accepting cryptocurrencies as a second form of payment from customers. Companies may take several cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Bitcoin Cash (BCH), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC), Litecoin (LTC), XRP (XRP), and five stablecoins tied to the USD (BUSD, DAI, GUSD, USDC, and USDP) with the help of BitPay. BitPay invented blockchain payment technology and has supported over 100 cryptocurrency wallets while processing more than $5 billion in payments since 2011.
Benefits Of The Collaboration
Tens of thousands of international B2C and B2B BigCommerce businesses rely on the crypto technologies of the ecosystem to assist them to endure viable and competitive as global currencies change. Reaching out to more markets, reducing transaction fees, providing several payment options, lowering the risk, and moving toward technological advances are some of the significant benefits of this partnership.