TL;DR
- Helio Pay has enhanced its Solana Pay integration on Shopify, now supporting Bitcoin, Ethereum, and various Layer 2 solutions, providing merchants with a broader range of cryptocurrency payment options.
- Solana’s high transaction speeds and low fees have made it the default network for Helio Pay, with over 1,000 Shopify stores using the platform for seamless crypto checkout experiences.
- The update includes features like NFT-based loyalty programs and a single dashboard for managing all crypto payments, simplifying operations, and enhancing customer options.
Helio Pay, a leading crypto payments platform, has announced a significant enhancement to its Solana Pay integration on Shopify. This update now supports multiple blockchain networks, including Bitcoin, Ethereum, and various Layer 2 solutions.
The expansion aims to provide merchants with a broader range of cryptocurrency payment options, streamlining transaction management and offering customers more flexibility in their payment choices.
Leveraging Solana’s Speed and Cost-Effectiveness
Since its inception, Helio Pay has relied on Solana for its speed and cost-effectiveness, establishing it as the default network for transactions.
Solana’s high transaction speeds and low fees have made it an ideal choice for merchants looking to reduce costs and improve efficiency. Over 1,000 Shopify stores currently use Helio Pay, which claims to offer one of the most seamless crypto checkout experiences available.
New Features and Benefits
With the latest update, merchants can now accept payments in Solana, Bitcoin, Ethereum, and Layer 2 networks. This multichain approach is designed to attract a broader audience, particularly customers familiar with Bitcoin and Ethereum.
Helio Pay’s CEO and co-founder, Stijn Paumen, emphasized the flexibility this offers, stating, “We will offer buyers the flexibility of paying on Bitcoin, Ethereum, and more whilst merchants still settle on Solana.” This change matches the increasing trend in e-commerce to use blockchain technology for more flexible payment options.
The expanded platform also includes features like NFT-based loyalty programs that provide exclusive discounts, Discord gating, and listing for community engagement. Merchants can manage all crypto payments from a single dashboard, streamlining operations and enhancing customer options.
Simplified Integration for Merchants
Integrating Solana Pay into a Shopify store is straightforward. Merchants can easily add the app from the Shopify App Store, complete the necessary business information, and set up a unique Solana wallet address.
The platform supports automatic conversions of stablecoins like USDC, PYUSD, and EURC, and offers real-time payouts globally with a low 0.75% fee. Payments are irreversible, eliminating chargebacks and reducing disputes.
