Millions of Shopify Merchants Can Accept Hundreds of Cryptos as Helio Upgrades Solana Pay Plugin
Crypto payments platform Helio has launched a major update to its Solana Pay plugin for Shopify.
Solana Pay enables merchants to accept low-fee crypto payments in their Shopify stores.
According to the press release shared with Cryptonews, the upgraded plugin allows “millions of Shopify merchants worldwide to accept payments in hundreds of cryptocurrencies.”
They benefit from real-time conversions settling payments in stablecoins, including USDC, EURC, PYUSD, and USDY. The latter is a tokenized note secured by short-term US Treasuries and bank demand deposits.
The team remarked that the aim of this new release is to onboard millions of merchants to crypto commerce.
It will also “set a new standard for e-commerce payments by improving the payment experience, enhancing customer loyalty programs, and integrating Web3 features.”
Helio CEO and co-founder Stijn Paumen commented that merchants can easily reach customers by installing Solana Pay in “a few simple clicks.”
“Enabling the largest e-commerce platform to accept faster-than-card crypto payments is a significant step towards the mass adoption of crypto payments.”
Solana Mobile will leverage the updated plugin to sell its Chapter 2.
The product is available for preorder and will ship next year.
Steven Laver, Mobile Engineering Lead at Solana Labs, remarked that “it makes perfect sense to allow users to pay for a blockchain product on-chain.”
More than half of the checkout sessions for Chapter 2 came from mobile devices, he said.
“With Helio’s Solana Pay plugin for Shopify, we’re taking product preorders denominated in USDC and have saved more than $1 million in card processing fees so far – savings that can be reinvested back into the product development process.”
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