The new plugin will allow a majority of the online eCommerce stores accept cryptocurrency payments from their global customers.
Given the explosion of the cryptosphere, Coinbase’s valuations have soared by 500% during the last eight months.
The addition of support for ERC 20 tokens will be done across the entire range of digital asset products of Coinbase.
The MCC code changes made by the card issuers and the card networks resulted in charging extra fees to the customers.
Coinbase, the largest cryptocurrency exchange and wallet provider in the U.S., has launched a PayPal-like plugin. Coinbase Commerce allows to make Bitcoin, Bitcoin Cash, Ethereum and Litecoin payments.
The US largest cryptocurrency exchange, has made several important announcements in its latest blog post, mostly regarding PayPal withdrawals and accepting new US credit cards.
The new Coinbase Commerce button will be integrated on merchant websites and used by customers to make payment from four different crypto options.