Shopify, the all-in-one online commerce website, now allows all of its merchants to accept Binance’s tokens BNB and BUSD via Alchemy Pay.
Alchemy Pay, a worldwide cryptocurrency payment solution provider has worked with Binance and Shopify to integrate BNB and BUSD for payments to all Shopify merchants. Shopify is the worlds largest e-commerce platform with over 218 million consumers in 2019. BNB and BUSD are both Binance coins, with BNB giving users a variety of benefits on the Binance platform and BUSD an easy to use stablecoin pegged to $1 USD each. Now BNB and BUSD are available to spend with all Shopify merchants, along with 9 other cryptocurrencies, including Bitcoin. Merchants from many countries around the world, such as the United States, Singapore, Thailand, Hong Kong and more can now start accepting all of the available cryptocurrencies from their buyers.
This is a very big milestone for Binance and provides another use case for both of their platform cryptocurrencies, BNB and BUSD. This new, hybrid paying method that allows for both the payment of fiat currencies and cryptocurrencies was developed hand in hand with Alchemy Pay and their partner QFPay.
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