E-commerce platform Shopify has announced they are including digital currency Bitcoin as a payment option for their over-70,000-strong client stores.
The move comes as the value of Bitcoin continues its upward trend value, priced at about $390 USD at the time of this writing. Shopify will handle Bitcoin payments via BitPay.
The announcement, as posted on the company’s forums:
Hey Everyone,
Just a quick update on this: our Bitpay integration is feature-complete and can be added to your store now. Due to the fact that it’s a very new feature and not something we’re ready to roll out to all stores just yet, you will need to contact me to have it enabled, and I may want to follow up with you for your feedback once you’ve been using it for a while, but it works. When active, Bitpay will appear as a credit card processor in the Checkout page of your shop admin – enter your access key and you’ll be all set to go.
One caveat: at this time, Bitpay functions in the same way as the other credit card processors on Shopify, meaning that you can’t use Bitpay in conjunction with Authorize.net, Stripe, or other credit card processors. PayPal Express Checkout can be used as a secondary option with Bitpay in the same way it can be used with all other gateways.
Unfortunately, as noted above, stores that elect to use BitPay may not use it in concert with a card processor like Authorize.net (at this time, at least).