Store.com Declares Acceptance of Cryptocurrencies to Start the Subsequent Chapter of Enterprise

Last weekend at Market America Worldwide Shop.com 2021 International Convention (MAIC2021), e-commerce company president Steve Ashley announced that Shop.com sites from around the world will be accepting cryptocurrencies through Bitpay. This means that Bitcoin, Ethereum, Bitcoin cash, and several other digital assets can be used to purchase products through Shop.com’s websites.

Shop.com now accepts digital currencies through Bitpay

Shop.com accepts cryptocurrencies through Bitpay, the largest crypto payment service provider in the world. Steve Ashley, President and COO of Shop.com, announced “the use of cryptocurrency as the next chapter when buying products on all Shop.com websites”. Ashley revealed the crypto support at the Market America Worldwide Shop.com 2021 International Convention (MAIC2021).

“Today I announce that Shop.com will offer Bitcoin, Ethereum and several other cryptocurrencies through Bitpay,” said Ashley. “We will be offering this on Shop.com sites worldwide in all of our market countries,” added Ashley.

Shop.com is a fairly popular ecommerce web portal, ranked 26,133 worldwide and 191st compared to “ecommerce and shopping” websites according to Similarweb.com statistics. Shop.com is owned by Market America, a multi-level marketing (MLM) company founded in 1992. Market America bought Shop.com in late 2010 for an undisclosed amount and it was unveiled to the public the year after the company was founded.

“Shop.com and Market America are such great brands,” said Sonny Singh, Bitpay’s chief commercial officer, in a statement to Bitcoin.com News. “What I really like about them, because they fit so well, is their international presence. The fact that you only produce 40% of your volume in America means it is a truly global brand, ”added Singh. Bitpay’s chief commercial officer continued:

It is very difficult to make payments in countries like Taiwan, Thailand, Argentina, Brazil and Indonesia. Credit cards are not everywhere and in these countries BitPay and Crypto are the cheapest and fastest payment option to accept Bitcoin and get crypto payment options as well.

JR Ridinger, Founder and CEO of Market America, said Shop.com continues to be a trendsetter thanks to Steve Ashley’s leadership. “As various online retailers scramble to come up with a plan of action to implement things like accepting cryptocurrency as an online payment method, thanks to Steve Ashley – we’ve already done that,” said Ridinger.

When visiting the Shop.com website, the web portal shows a newly added message about crypto acceptance. The message leads to a page that describes how Shop.com customers can use the Bitpay crypto payment system to pay for items. The website also states that Shop.com customers “can earn cashback on thousands of products with Bitpay”.

What do you think of Shop.com announcing that the company has implemented crypto acceptance across all of its websites? Let us know what you think on this matter in the comments below.

Tags in this story

Bitcoin, Bitcoin Cash, BitPay, Bitpay Payment Providers, Crypto Acceptance, Crypto Payments, Ethereum, Isotonix, JR Ridinger, MAIC2021, Market America, MLM, Shop.com, Sonny Singh, Steve Ashley

Photo credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement for any product, service, or company. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.


Share post on

Sonic BTC is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

The transition between fiat and bitcoin Bitcoin

The transition between fiat and bitcoin

One world, two systems: Why Bitcoin and Fiat have to learn to live togetherTwo...

By wpadminsonic164
Gary Gensler Says Bitcoin is Actual Bitcoin

Gary Gensler Says Bitcoin is Actual

Gary Gensler, the new chairman of the Securities and Exchange Commission (SEC), confirmed the...

By wpadminsonic164
Plan B’s stock-to-flow bitcoin pricing mannequin is forecasting $ 100,000 by Christmas, S2F creators are discussing the time mannequin Bitcoin

Plan B’s stock-to-flow bitcoin pricing mannequin is forecasting $ 100,000 by Christmas, S2F creators are discussing the time mannequin

The pseudo-anonymous Bitcoin analyst named Plan B gave its 704,000 Twitter followers an update...

By wpadminsonic164
How do NFTs evaluate to Bitcoin? Bitcoin

How do NFTs evaluate to Bitcoin?

Check out this episode on YouTubeListen to this episode:This episode of "Bitcoin Bottom Line"...

By wpadminsonic164
Remembering Bitcoin Pioneer Hal Finney (Could 4, 1956 – August 28, 2014) Bitcoin

Remembering Bitcoin Pioneer Hal Finney (Could 4, 1956 – August 28, 2014)

Seven years ago today, legendary computer programmer and recipient of the very first Bitcoin...

By wpadminsonic164
Worldline, Bitcoin Suisse accomplice, to allow retailers to simply accept Bitcoin in Switzerland Bitcoin

Worldline, Bitcoin Suisse accomplice, to allow retailers to simply accept Bitcoin in Switzerland

The European payment and transaction service provider Worldline has teamed up with Bitcoin Suisse,...

By wpadminsonic164
Bitcoin worth breaks 50,000, bitcoiners put together for brand spanking new all-time highs Bitcoin

Bitcoin worth breaks 50,000, bitcoiners put together for brand spanking new all-time highs

At around midnight on Sunday, Bitcoin price broke $ 50,000, the highest price since...

By wpadminsonic164
Discovering Monetary Freedom In Afghanistan Bitcoin

Discovering Monetary Freedom In Afghanistan

Roya Mahboob — the first female Afghan tech CEO, one of TIME’s most influential...

By wpadminsonic164

Latest Posts

Uncategorized

Noboni.com: Best Girl’s Online Shopping in bd

Noboni.com is the best Bd online shopping for girls. We 🏷️ offer the latest...

By wpadminsonic164
Monero, Stellar, AAVE Value Evaluation: August twenty second – AMBCrypto Information Stellar

Monero, Stellar, AAVE Value Evaluation: August twenty second – AMBCrypto Information

Major cryptocurrencies have shown mixed trading so far, with Bitcoin reversing its losses by...

By wpadminsonic164
BITCOIN CRASH (essential add)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!! Videos

BITCOIN CRASH (essential add)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!!

BITCOIN CRASH (important upload)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!!...

By wpadminsonic164
Binance allegedly seeks authorities funding underneath regulatory strain, focusing on $ 200 billion valuation – Yahoo Finance Binance

Binance allegedly seeks authorities funding underneath regulatory strain, focusing on $ 200 billion valuation – Yahoo Finance

The world's leading cryptocurrency exchange Binance seeks government funding despite being in the crosshairs...

By wpadminsonic164
Bexplus lists Cardano (ADA), provides 100x leverage and 100% deposit bonus – CryptoGlobe Cardano

Bexplus lists Cardano (ADA), provides 100x leverage and 100% deposit bonus – CryptoGlobe

In order to do justice to the fast growing market for Cardano ($ ADA),...

By wpadminsonic164
Ethereum’s EIP-1559 improve burned $ 400 million in ETH: report Ethereum

Ethereum’s EIP-1559 improve burned $ 400 million in ETH: report

Ethereum's EIP-1559 upgrade burned $ 400 million in ETH instead of handing it over...

By wpadminsonic164
Dogecoin

Why Bitcoin, Dogecoin, Ethereum – and in addition Coinbase – are on the transfer at this time – Motley Idiot

What happened Towards the end of the week, cryptocurrency prices in Friday morning trading...

By wpadminsonic164
The transition between fiat and bitcoin Bitcoin

The transition between fiat and bitcoin

One world, two systems: Why Bitcoin and Fiat have to learn to live togetherTwo...

By wpadminsonic164