TL;DR Breakdown
• BitPay supports Wix to accept 12 cryptocurrencies as payment.
• Wix will open crypto payments in the United States and four other countries.
One of the most used crypto rewards platforms globally, BitPay, has partnered with Wix to pay for its SaaS services. Thanks to this link consolidated between both companies, the Wix platform will accept Bitcoin as a payment method.
The American compensation platform is a perfect fit for the E-Commerce provider looking to adapt to new technologies. With this new cancellation method, more customers will take Wix to request their outstanding management services.
BitPay supports renewals at Wix
BitPay, one of the largest crypto payments providers globally, supports Wix, an advertising and SaaS solutions company, and wants to include BitPay’s Bitcoin in its system. According to the platform manager, all commercial companies will grow quickly if they include cryptocurrencies as a means of payment, considering that decentralized currencies are very famous today.
The beneficiary company is pleased to receive BitPay’s support to push its services into new territories. According to announcements, Wix users can use crypto payments in 12 cryptocurrencies such as BTC, Dogecoin, Litecoin, XRP, Ethereum, WBTC, and Bitcoin Cash. The platform’s clients can also use the service using five types of Stablecoins as USDC, USDP, GUSD, DAI, and BUSD.
BitPay’s CEO said that Wix is one of the best SaaS solutions firms hosting just over 200 million customers worldwide. With this wide participation in the crypto market, Wix could increase the number of its clientele.
Possible Wix expansions
Not only will Wix increase your business operations after the BitPay integration, but it will also pave the way for you to expand your E-Commerce services. According to studies, most companies that accept cryptocurrencies as payment grow twice as much as companies that do not use the new financial system. The study also reveals that cryptocurrencies fans spend much more money than those who use fiat currencies because companies launch offers.
Payment fees within the BitPay platform are usually more affordable compared to traditional methods helping customers save money. Therefore, it is that many people prioritize the crypto platform over competing companies.
The statements clarify that the payment in cryptocurrencies in Wix will start for users in the United States, Brazil, Germany, Canada, and the United Kingdom. However, the company plans to expand these virtual payments to other territories it dominates. For these transactions to be completed, the user must accept the 1 percent payment fee, which is affordable.
