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This article was published on November 27, 2013

Shopify adds support for Bitcoin, letting more than 75,000 of its merchants accept the virtual currency

Shopify adds support for Bitcoin, letting more than 75,000 of its merchants accept the virtual currency
Emil Protalinski
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Emil Protalinski

Emil was a reporter for The Next Web between 2012 and 2014. Over the years, he has covered the tech industry for multiple publications, incl Emil was a reporter for The Next Web between 2012 and 2014. Over the years, he has covered the tech industry for multiple publications, including Ars Technica, Neowin, TechSpot, ZDNet, and CNET. Stay in touch via Facebook, Twitter, and Google+.

As expected, e-commerce platform Shopify today announced it has added support for Bitcoin. The integration means the company’s more than 75,000 merchants can now start accepting the virtual currency, alongside its other payment services like Shopify Payments and PayPal.

Yet Shopify lists a few advantages to accepting Bitcoin payments:

  • Customers from around the world can check out with digital currency.
  • The currency works just like cash.
  • Transactions cannot be reversed by the buyer (unlike credit cards or PayPal).
  • You can choose to receive your payments in Bitcoins (paid into your Bitcoin wallet) or paid in your local currency directly into your bank account every business day.
  • Transactions are secure and meet the highest standards for ecommerce security.

Shopify says it is using BitPay as its payment processor, a popular choice for sites looking to add Bitcoin support.

Accept Bitcoin with Shopify

See also – WordPress.com criticizes PayPal, credit card firms for restrictions, now lets you pay with Bitcoin and Electronics hobbyist shop Adafruit now accepts Bitcoin

Image Credit: Mark Dunkley