Shopify Now Supports Hundreds of Crypto Tokens Through Solana Pay via Helio - Decrypt
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Shopify Now Supports Hundreds of Crypto Tokens Through Solana Pay via Helio
Payments can be made in Solana or BONK, for example, and Crypto payments platform Helio on Thursday announced a significant update to its Solana Pay plugin for Shopify, opening the door for millions of Shopify merchants to a
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🛍️ Shopify now supports hundreds of crypto tokens through Solana Pay via Helio Payments.
🔒 Payments are secured by the blockchain and settled directly between merchant and buyer.
💰 The upgrade allows merchants to bypass traditional payment intermediaries, saving on fees and solving e-commerce problems.
💸 The initial version of Solana Pay processed $50 million in transactions for over 200 stores, saving merchants over $1 million in fees.
🌐 The upgraded plugin adds Web3 functionality, including NFT airdrops and token-gated features, to enhance customer loyalty programs and drive adoption among Shopify merchants.
Top Highlights
- Shopify Now Supports Hundreds of Crypto Tokens Through Solana Pay via Helio Payments can be made in Solana or BONK, for example, and
- Crypto payments platform Helio on Thursday announced a significant update to its Solana Pay plugin for Shopify, opening the door for millions of Shopify merchants to accept payments in hundreds of cryptocurrencies.
- The update encompasses enhanced features for broader token support, improved loyalty programs, and seamless integration, expanding the capabilities of the Solana-based payments service. In an interview with Decrypt, Helio CEO and co-founder Stijn Paumen said the ultimate power of Solana Pay is super-fast payments secured by the blockchain and sett...
- This allows merchants to bypass traditional payment intermediaries such as banks and card issuers, solving persistent e-commerce problems like high fees, chargeback rates, and slow payouts,” he said.
- First launched last year, Helio’s Solana Pay plugin enables Shopify merchants to accept low-fee cryptocurrency payments. In the first six months, the initial version processed approximately $50 million in transactions for over 200 stores, saving merchants over $1 million in fees. “If we can migrate 10% of e-commerce payments to the blockchain ove...
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