Helio has made a number of updates to its Solana Pay plugin for Shopify, the cryptocurrency payments company announced Thursday morning. The plugin allows businesses on the e-commerce platform to accept payments through the Solana network. The plugin charges a transaction fee of 0.75%, which is lower than the 1.5 to 3.5% fees typically charged when using credit cards.
The new version of the plugin added “hundreds” of cryptocurrencies that can be used for payments: Bitcoin, Ether, Solana, PYUSD and memecoins, including ORE and MOTHER. Previously, the plugin only accepted USDC. Shopify itself does not participate in updates. Anyone can apply to add a plugin to the Shopify App Store. The Solana Foundation led the initial integration of Shopify with Solana Pay, created by Solana Labs, in August. Helio took over operations of the integration from the Solana Foundation in December 2023.
Using Jupiter, merchants can automatically swap the variety of accepted coins to stablecoins.The upgrade also lets users onramp crypto into their wallet using fiat and lets merchants offramp crypto into fiat automatically. Besides this, the upgrade creates a more streamlined checkout process and lets merchants offer features like NFT airdrops.
Image: Bitcoin Sistemi
