Can I accept payments with a lesser-known cryptocurrency?

Myntcoin
Visitor
2 0 6

Hi, Is it possible to accept payments with a new cryptocurrency that is not well known?

Replies 5 (5)

Blair
Shopify Staff
2067 273 254

Hi @Myntcoin,

 

Thank you for reaching out to the Community! I'm happy to provide some assistance with accepting payments on the shop, to ensure this gets resolved. 

 

As it currently stands, cryptocurrencies can be considered an acceptable form of payment that's offered on your online store. For a complete list of all available payment methods that support cryptocurrencies, you can check out our Cryptocurrency documentation. 

 

These include: 

 

  • Crypto.com
  • Coinbase Commerce
  • BitPay
  • DePay
  • OpenNode
  • Strike
  • Lunu 
  • Bit2Me Commerce 
  • IBEX Pay

 

As you're looking for a specific cryptocurrency, I encourage you to browse this list to see if it's supported by one of the available payment providers. It's also important to note that you will need to verify that cryptocurrencies are acceptable as a form of payment in your region before you can begin accepting them.

 

Please let me know if you have any other questions or concerns. 

Blair | Shopify 
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Myntcoin
Visitor
2 0 6

Hi,

 

Thank you for the answer. Unfortunately the cryptocurrency I need to be accepted in my store is not listed there. How do you recommend I proceed?

Blair
Shopify Staff
2067 273 254

Hi @Myntcoin,

 

Thank you for the prompt response!

 

In the case the cryptocurrency is not listed within one of the payment providers mentioned above, it would indicate it's not currently supported. While I can completely understand how that may not be ideal, I encourage you to select another provider from this list as an alternative. 

 

I would however, be more than happy to make note of the cryptocurrency you'd like to use. Would you please be able to share the name of it?

 

We are always looking for ways to improve the platform and would be happy to share this suggestion with our Developers. 

 

I look forward to your response.

Blair | Shopify 
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 - Was your question answered? Mark it as an Accepted Solution
 - To learn more visit the Shopify Help Center or the Shopify Blog

TiffanyWalters
Visitor
1 0 0

Accepting payments with a new and lesser-known cryptocurrency is entirely feasible. The world of cryptocurrencies is continually evolving, with new digital assets emerging regularly. To embrace this opportunity, you can set up your payment processing system to accommodate a variety of cryptocurrencies, including those that aren't widely recognized.However, it's essential to prioritize security when dealing with digital currencies. Utilizing a secure wallet that splits private keys across multiple devices can provide an extra layer of protection for your transactions.While not all cryptocurrencies may have the same level of acceptance or liquidity as established ones like Bitcoin or Ethereum, being open to new options can broaden your payment horizons.

ralifo
Visitor
2 0 10

Stripe supports USDC and USDP, if you have a Stripe US account. Check this article for the solution: https://www.linkedin.com/pulse/how-accept-crypto-payments-stripe-shopify-step-by-step-guide-pbvof