The partnership was announced on 11th May revealing that the plug-in will allow merchants to accept crypto for their products.
https://t.co/vCNztABJoG Pay Checkout plugin is now available for over 1 million @ecwid merchants🛒! No fees for crypto payment processing for the first 6 months🤩. Full details: https://t.co/yrtmNRVIXx #PayWithCRO #CryptoComPay #PayEverywhere #CRO pic.twitter.com/K86hiBIkRx — Crypto.com (@cryptocom) May 11, 2020
The merchants can choose which currency they want to accept as settlement.
While they can receive the cryptocurrencies directly, they can also avoid exposing themselves to volatility by letting Crypto.com convert the money to United States dollars or euros.
The currencies supported by the plug-in include:
Crypto.com Coin (CRO) website’s native token
Using CRO will enable clients for cashback on their crypto. Initially, Crypto.com will waver the settlement fee for the first six months of using the plug-in on Ecwid.