Coinbase introduces Paypal-like payment system

in #coinbase6 years ago

The crypto money exchange Coinbase announced that PayPal-like payment service platform will be available on the market. The system called Coinbase Commerce will be open around the world from now on.

Coinbase established a platform like Paypal
The company will make it easier for the platform to accept payments in digital currencies like Bitcoin, Bitcoin Cash, Ethereum and Litecoin directly into the user-controlled wallet.

Coinbase has delivered the following about the system:

Coinbase Commerce can be integrated directly into a customer's payment stream or added as a payment option in an e-commerce platform. Only an e-mail address and telephone salespeople can register at Bitcoin, Bitcoin Cash, Ethereum and Litecoin and begin accepting payments.

The dashboard on the payment platform displays a list of wallet kicks held in all supported crypto currencies.

Shopify already integrated into the system
Coinbase has already integrated the platform with Shopify, a multi-channel trading platform, many of which are in the process of integration.

Shopify allows users to open their own online store. Now Coinbase has also integrated the option to accept payments in crypto-currency via Commerce.

However, the current volatility in the digital currency of Coinbase Commerce's crypto money payment platform will not be as popular as PayPal, since it makes it harder to correct the payment amount. This also applies to some gaming platforms that have recently stopped buying digital currencies.

Earlier this month Australia's Brisbane airport partnered with TravelbyBit to launch the world's first digital currency airport terminal.

TravelbyBit accepts Bitcoin, Dash, Ethereum and other digital currencies.

At the moment, there are a lot of well-known companies such as Microsoft, Expedia, Subway, Lush, Target, CVS, WordPress.com, Overstock, Dominos Pizza and Paypal that have accepted Bitcoin as a payment tool.

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