The popular American cryptocurrency exchange Coinbase launches a new service that will allow merchants to directly integrate cryptocurrency payments using the Coinbase Commerce button, reminiscent of a similar service provided by PayPal and other payment operators. This is reported by Trustnodes.
Unlike other options provided by Coinbase and requiring an account on the exchange, serving a limited number of countries, customers only need to have a cryptocurrency to pay for purchases using the new service.
While official information about the service on the network is almost non-existent, and registration on the Coinbase Commerce website is not available, but on some sites a new button has already appeared. As with other payment methods, after selecting the product, you are directed to the payment page of the following form:
Clicking on the payment option with Coinbase Commerce, you enter the window for choosing the cryptocurrency:
Here are 4 options: Ethereum, Bitcoin, Bitcoin Cash and Litecoin. The same cryptocurrency users can buy through the main Coinbase service.
After choosing a cryptocurrency, you enter the payment page, which differs little from the usual payment interface in purses.
Thus, BitPay may have a serious competitor in the face of Coinbase. To date, BitPay serves about 100,000 merchants, and Coinbase – about 50,000. Popular payment service has recently integrated Bitcoin Cash, while the addition of other options is only in its plans, while Coinbase is ready to provide support for four cryptocurrency.