Crypto.com launched a payment plug-in for Ecwid, an e-commerce platform similar to Shopify or WooCommerce. The plug-in allows merchants to accept crypto for their products.
Crypto.com announced the partnership on Monday. The plug-in, called Crypto.com Pay Checkout, allows shoppers to pay for their products with crypto on e-commerce websites running on Ecwid, which the company says is more than 1 million.
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Traders can choose which currency they want to accept as settlement. Although they can receive the cryptosystems directly, they can also avoid exposure to volatility by letting Crypto.com convert the money into US dollars or Euros.
Currencies supported by the plug-in include
- Bitcoin Trader
- Bitcoin Evolution
- Bitcoin Billionaire
- The News Spy
- Bitcoin Profit
- Bitcoin Circuit
- Bitcoin Era
- Immediate Edge
- Bitcoin Revolution
- Bitcoin Code
, Ether (ETH), Litecoin (LTC), XRP and the native website token, Crypto.com Coin (CRO). The use of CRO will also entitle customers to a refund of their crypto currency.
To support the initiative, Crypto.com will also waive the settlement fee for the first six months of using the plug-in on Ecwid.
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In March, Cointelegraph reported on the integration of Crypto.com with tax software that helps keep track of crypto-asset purchases.