Coinbase Commerce released a new update that allows the integration of WooCommerce, an e-commerce plugin for WordPress. Other features in the update include functionality to send Bitcoin [BTC] and Litecoin [LTC] directly from the Commerce app.
This comes as a part of Coinbase Commerce’s presentation as a non-custodial payment solution provider with support for cryptocurrencies.
Reportedly, the WooCommerce plugin powers over 28% of all online stores, which makes it a sizeable market entry for Coinbase. These online stores now have access to worldwide payments in cryptocurrencies with Coinbase. In their own words:
“This increased access will lead to more widespread adoption, and ultimately, moves us closer to our goal of an open financial system.”
They have released details of the WooCommerce plugin support on their Github page.
New features have been added to the app that allows users to send Bitcoin and Litecoin from the app, with the team “working hard” on doing the same for Ethereum [ETH] and Bitcoin Cash [BCH].
Commerce is also releasing a Python library for its API, with additional libraries under construction for Node.js, Ruby and PHP. This is in line with their intention to increase adoption of cryptocurrencies in an accessible manner.
They ended their announcement with reassurances to the users that all payments made through the platform are peer-to-peer, which results in a wallet-to-wallet payment. This, they state, allows merchants to not pay fees to accept a transaction and gives them “complete control” over their funds.
Elias Yami, a cryptocurrency analyst, stated on the move:
“The Coinbase Commerce app allows for a two-fold strategy implementation for the service. Added support for users to integrate cryptocurrencies with existing payment solutions will not only increase adoption but also ensure it occurs through Coinbase Commerce. Moreover, the increasing occurrence of Coinbase’s name in US markets will drive adoption further.”
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