Coinbase (NASDAQ: COIN), together with Primer, the world’s first automation platform for payments and commerce, announced a strategic integration that allows merchants in global markets to add crypto as a standard method of payment at checkout. According to the update, Coinbase Commerce, Coinbase’s platform to help merchants accept cryptocurrency payments, can be added to Primer’s Universal Checkout with clicks, not code. As a result, merchants using Primer can now add crypto payments easily and quickly to their checkout page, which is critical given that 40% of global consumers are expected to use cryptocurrency to make a payment within the next year. “The payments landscape is evolving at a rapid pace, and consumers are expressing a tremendous amount of excitement for cryptopayments,” said Roy Zhang, group product manager, Coinbase Commerce. “Merchants are faced with the challenge of building seamless checkout experiences that offer consumers the flexibility they want. With Coinbase Commerce and Primer working together, any merchant can make secure cryptocurrency payments as readily available to their customers as traditional payment methods like credit cards.”
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About Coinbase Global Inc.
Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto. The company started in 2012 with the radical idea that anyone, anywhere should be able to easily and securely send and receive bitcoin. Today, Coinbase offers a trusted and easy-to-use platform for accessing the broader cryptoeconomy. Built for institutions, Coinbase Prime integrates advanced agency trading, custody, prime financing, staking, staking infrastructure, market data, and reporting that supports the entire transaction lifecycle. Coinbase combines these capabilities with leading security, insurance and compliance practices to provide institutional clients of Coinbase with a full-service platform to access crypto markets at scale. For more information about Coinbase, visit https://Investor.Coinbase.com.
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