Hong Kong-based cryptocurrency platform Crypto.com announced on Thursday the launch of its Pay Checkout plugin for e-commerce platform, WooCommerce. According to Crypto.com, the plugin enables merchants to accept cryptocurrency, and may instantly convert to fiat currencies of choice for merchants.
“Powered by the Crypto.com’s PCI:DSS level 1 compliant platform, the Crypto.com Pay Checkout plugin safeguards customer payment data, providing merchants peace of mind while offering customers the option to pay in cryptocurrencies. Customers making CRO payments to merchants will receive up to 10% cashback in CRO in their Crypto.com wallet.”
Crypto.com also noted that merchants may pay zero processing fees for settlements in crypto, or save up to 80% on fees versus typical payment processors. Crypto.com then added:
“Tap into the global cryptocurrency economy and start accepting Bitcoin and other popular cryptocurrencies on your website.”