The post Is Shopify’s USDC Checkout the End of Card Fees? appeared on BitcoinEthereumNews.com.

Shopify and Coinbase Partner for Seamless USDC Payments Shopify support for USDC payments via Coinbase’s Base network is an e-commerce innovation, giving merchants and consumers a frictionless, low-cost way of transacting anywhere globally. Coinbase CEO Brian Armstrong (left) and Shopify CEO Tobi Lutke announcing Shopify’s USDC payments on Base. Source: Tobi Lutke Shopify merchants can now accept USDC payments from consumers anywhere, via their existing checkout and order fulfillment flows—no new integrations or third-party gateways necessary. Customers can pay with USDC on Base using hundreds of supported crypto wallets, whether they’re checking out as guests or using Shop Pay, making the process both flexible and user-friendly. How Base Network Slashes Costs and Speeds Up Settlements For merchants, the experience is designed to be as familiar as possible. By default, USDC payments are settled automatically to the merchant’s local currency, with the payout credited directly to their existing bank account. This eliminates the hassle of foreign exchange or multi-currency fees, which are standard pain points for traditional cross-border trade. Merchants who prefer to hold crypto can instead withdraw their USDC balance directly to their own wallet. With Shopify’s ongoing integration with Stripe, the complexity of crypto payments is tucked out of sight, allowing merchants to manage their money more simply and with greater flexibility. Such new payment infrastructure is powered by a smart contract-based protocol designed for e-commerce by Coinbase and Shopify. The protocol brings to digital payments the same “authorize now, capture later” ease of merchants with credit cards but with the speed and international coverage of stablecoins. Refunds, chargebacks, delayed capture, and regulatory compliance are all natively enabled, so merchants do not lose any of the safeguards they have with older payment rails. Stablecoins and the Future of Global Commerce One of the greatest advantages of USDC on Base…

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Filed under: News - @ June 13, 2025 5:25 pm