CoinPayments  & OpenCart Join Forces to Further Fuel Crypto Adoption Amongst Online Businesses

The COVID-19 pandemic gave cryptocurrency adoption a seemingly unprecedented boost, forcing the world to rethink the way they pay, opening the door more to online payment and e-commerce solutions.

Businesses are now, more than ever, waking up to the realization that accepting crypto payments means gaining access to a multibillion-dollar market.

Recent studies have shown that the benefits associated with crypto payments apply to both merchants and buyers. On the one hand, crypto payments help merchants acquire new customers while eliminating the risk of fraud-related chargebacks. For buyers, cryptocurrencies have proven to be a cheaper, quicker and safer alternative to credit cards.

At CoinPayments, we’ve experienced tremendous growth resulting from this new wave of crypto adoption.

Active now in over 180 countries and processing over $130 million in crypto payments every month for over 62,000 active merchants, CoinPayments is the world’s leading crypto payment gateway.

That’s why we are joining forces with OpenCart, an open-source e-commerce platform serving over 350,000 businesses globally, to help more merchants benefit from cryptocurrency solutions.

Through joint marketing efforts, we aim to make every merchant’s transition into crypto as smooth as possible, equipping them with information and seamless tools they need to start accepting crypto payments using the pre-built OpenCart plugin.

Because we understand that as crypto adoption continues to rise, so too will merchants’ opportunities to scale their business.

We will work together to continuously provide merchants with unique ways to market their business to the crypto community, helping drive up sales and improve bottom lines.

And, with industry-low payment processing fees of 0.5%, CoinPayments’ promise is to make crypto payments accessible for all merchants through instant, global, and secure transactions.

Integrating CoinPayments and OpenCart gives a whole new perspective for online businesses as they may now incorporate cryptocurrency payments as part of their eCommerce solutions. To boost sales, it’s essential to address this growing trend of crypto adoption. In the course of achieving this goal, strong social media presence is a useful from the point of view of customer engagement. Customers tend to trust brands that have positive social media reputation. That is why many businesses opt to buy facebook likes to enhance their social engagement.

This, in effect, reflects favorably on the brand’s reputation. For instance, the more likes a brand has, the greater the level of trust and interest in the brand. This means more users will explore your offerings and content. All of these when paired with effective crypto payment solutions gives the exact impact that all brands desire. More traffic on the well-mantained Facebook page means more clicks directed to your store, higher conversion rates and better brand establishment in the fast growing digital economy. Using both, social media and cryptocurrency, strategies drives tremendous results to business in the current fierce market. 

Want to start accepting crypto?

Find OpenCart’s plugin here, it’s that easy!