Millions of Wix merchants can now accept 12 different cryptos
Bitpay, a cryptocurrency payments business located in Atlanta, said on Tuesday that Wix, an Israeli software startup, has enabled its Software as a Service (SaaS) e-commerce platform to take crypto-asset payments. Wix businesses will be able to accept 12 different cryptocurrencies, including bitcoin, dogecoin, bitcoin cash, ethereum, litecoin, and stablecoins, thanks to the integration.
SaaS Platform Wix Implements Bitpay Infrastructure So Merchants Can Accept Crypto
Wix, a worldwide SaaS platform founded in 2006 by Israeli software developers Nadav Abrahami, Avishai Abrahami, and Giora Kaplan, allows customers to create mobile and HTML5 websites without coding knowledge. Wix stated on October 12 that it will be adopting Bitpay’s bitcoin payment processing infrastructure so that customers of the Wix e-commerce platform may pick it as a payment option.
Wix Merchant users may take bitcoin (BTC), bitcoin cash (BCH), dogecoin (DOGE), ethereum (ETH), litecoin (LTC), wrapped bitcoin (WBTC), and XRP in addition to five other stablecoins such as BUSD, DAI, GUSD, USDP, and USDC (in specific jurisdictions).
Wix’s product offerings, such as the website builder, company management services, and web hosting, generate around $1 billion in sales, according to metrics.
“With over 210 million users, Wix is one of the largest and most extensively used online creation platforms, so this is another step forward in bringing bitcoin into the mainstream,” said Stephen Pair, Bitpay’s CEO, in a statement. “By connecting into the vast trillion-dollar cryptocurrency economy, businesses can go to market rapidly and grab incremental revenues,” Pair added.
Wix Executive Notes the Move Gives Merchants a ‘Whole New Market of Customers Who Prefer to Pay With Crypto’
Universal Air Travel Plan (UATP), the youth fashion and retail brand Pacsun, Shop.com, Dr. Luke’s music company Prescription Songs, the luxury hotel group The Kessler Collection, Verifone, the pet services platform Wag, the virtual cloud desktop startup Shells, the luxury fashion e-tailer Jomashop, and the leader in collector car, vintage and antique motorcycle, and road art, have all partnered with Bitpay in the last year.
Wix’s head of billing and payments, Omer Shatzky, says, “We’re continuing to connect with creative payment partners to provide Wix merchants even more payment choices to offer their consumers.” “By partnering with Bitpay, Wix merchants have access to a whole new market of customers who choose to pay with bitcoin and other cryptocurrencies, as well as a way for their business to participate in the rapidly developing cryptocurrency industry.”
According to the release, Wix merchants and their customers will be able to utilize the Bitpay service in the United States, United Kingdom, Germany, Canada, Australia, and Brazil in the first round of the Wix rollout.