Shopify & Solana Pay Partnership (Patreon)
Published:
2023-08-23 23:09:14
Imported:
2023-08
Content
More huge news for SOL - PS I made a video on the power of Solana Pay last year
I need to check out $SHOP again :D
TLDR
- Solana Pay, a decentralized payment protocol by Solana Labs, has integrated with Shopify.
- This integration enables millions of Shopify businesses to use Solana Pay for payments.
- Solana Pay was launched in February 2022 and is built on the Solana blockchain.
- Initial payment option for the integration is USDC, the second-largest stablecoin.
- Solana Pay is considering adding cryptocurrencies like SOL and BONK in the future.
- Shopify accounts for 10% of total U.S. e-commerce and $444 billion worth of global economic activity.
- Solana Pay integration offers fee-free transactions, with an average cost of $0.00025 per transaction on the Solana blockchain.