Shopify, a no-code ecommerce storefront creation platform, has integrated with Solana Pay, a decentralized payment protocol created by Solana Labs. This integration will expand the payment processing capabilities of merchants using the Shopify platform.
Solana Pay's direct integration with Shopify eliminates bank fees, holding times, and chargebacks while facilitating direct settlement of USDC, a cryptocurrency pegged to the value of the US dollar stablecoin, with Solana. Solana Pay distinguishes itself by being "fee-free," unlike credit cards that come with processing fees.
Furthermore, several crypto-focused brands, such as Helius, Mad Lads, and MonkeDAO, have announced their plans to integrate Solana Pay into their Shopify storefronts. The company also stated that crypto wallets that have integrated with Solana Pay, such as Phantom, Solflare, and Glow, will be compatible with this plugin.
By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.