Tl;dr: WooCommerce merchants can now offer crypto payments safely and conveniently through Coinbase Commerce.
As we work to onboard the next 100 million people into the cryptoeconomy, we are thrilled to announce a strategic partnership with WooCommerce to allow their customers to pay in crypto.
WooCommerce is the most popular open source e-commerce platform in the world, powering 25% of the top million online stores, and allowing millions of businesses to sell and manage orders online. WooCommerce, built on WordPress, and makes it possible for anyone, anywhere to sell online with unlimited customization. Now, WooCommerce merchants can also accept payment in crypto. Powered by Coinbase Commerce, Woocommerce merchants are now able to accept Bitcoin, Bitcoin Cash, DAI, Ethereum, Litecoin, Dogecoin, or USD Coin.
“We’re very pleased to welcome Coinbase Commerce to the WooCommerce Marketplace as a crypto payment processing partner. Coinbase and WooCommerce share very similar values around the importance of freedom and flexibility for people to buy and sell online. At a practical level, Coinbase Commerce offers full-featured merchant tools to accept and manage crypto payments from customers. We’re excited to watch what happens when one of the world’s biggest and most trusted brands in crypto becomes easily available to WooCommerce merchants around the world.” - Dave Lockie, Web3 Lead at Automattic
Coinbase Commerce is a platform that helps merchants anywhere in the world accept cryptocurrency payments. Merchants can get paid in crypto, and access powerful tools for crypto integration and business analysis. We currently support a full spectrum of companies from the Chicago Bulls to Google Cloud.
"We are always looking for new ways to get more people involved in the cryptoeconomy. WooCommerce already allows merchants all over the world to accept online payments — and now they’ll be able to accept payments in crypto as well. We look forward to building on our partnership with WooCommmerce and finding even more ways to help customers and small businesses make crypto a part of their daily lives." Matt Watts, Coinbase Business Development
According to a study conducted by Deloitte, nearly 75% of online merchants reported their intent to accept cryptocurrencies within the next 12 months. Our partnership with WooCommerce will make this even easier. Interested merchants can sign up for Coinbase Commerce here, and download the extension here.
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.