Solana's native SOL, as well as the BONK token, will be added to the new payment option in the future.
Solana’s native SOL, as well as the BONK token, will be added to the new payment option in the future.
Initially, USDC payments will be accepted via the integration, but more crypto-assets will added down the line.According to the official press release, Solana Pay will essentially eliminate bank fees, chargebacks, and holding times while allowing immediate, direct payment settlement of USD stablecoins compatible with Solana.
Commenting on the development, Solana Foundation’s Head of Commerce Business Development, Josh Fried,“Solana Pay on Shopify opens up millions of merchants to a more dynamic and efficient payment choice, while consumers get the convenience and increased utility of being able to pay for goods and services with digital dollar currencies from the vast network of merchants using Shopify.”
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