Cryptocurrency has made its way into the mainstream. E-commerce stores adopt traditional payment modes like Credit/Debit card payments that are far from enough. It's time to consider adding cryptocurrency as a payment option for your e-commerce customers. There are many online payment service providers that offer e-commerce payment methods, among which, BitPay/Coinbasement/Nowpayments/MixPay stand out to make it quick and easy for e-commerce stores to start accepting cryptocurrency payments.
Why should Online T-shirt Shop owners care about Cryptocurrency?
According to online-shopping statistics: "In 2019, it's estimated there are 1.92 billion digital buyers, and eCommerce sales account for 14.1% of retail purchases worldwide. In 2023, eCommerce retail purchases are expected to rise from 14.1% to 22%.”
Due to its undeniable advantages, such as e-commerce customers can buy different things around the world without leaving home, online shopping has become more and more popular than ever before.
Cryptocurrency enthusiasts are more likely pioneers of something new. Spending a lot of time in front of their computers, they are more likely to do online shopping without leaving home. As of 2021, cryptocurrency users have reached over 300 million worldwide. And over 18,000 businesses are already accepting cryptocurrency payments. From large tech companies to small retailers, the list of businesses accepting payments in cryptos keeps growing rapidly.
Online shoppers are no strangers to digital payment types and Kiwi buyers tend to want a variety of options, so allowing cryptocurrency payments becomes another payment option. More importantly, accepting cryptocurrency may be a good way to attract a new target market.
Benefits of accepting cryptocurrency for Online T-shirt Shop owners?
As an Online T-shirt Shop owner, adopting cryptocurrency as another payment mode on your website requires no more hesitation. With the MixPay API, your customers will be able to pay with cryptocurrency in your online T-shirt shop. A good payment method helps you to attract both new and existing customers with personalized service. This became easy and possible after integrating with MixPay API.
Besides bringing in a large number of cryptocurrency enthusiasts into your online T-shirt shop, there are still other benefits of accepting cryptocurrency payments for an e-commerce store, like:
- cryptocurrency is chargeback-proof;
- there are zero to low transaction fees associated with cryptocurrency;
- fast transactions
With the growing popularity of cryptocurrency, there has been a spike in the global adoption of cryptos. And a growing number of e-commerce platforms such as Shopify, Magento, WooCommerce, and BigCommerce are beginning to integrate with third-party services like MixPay to accept cryptocurrencies. As more and more online shopping websites have also started accepting digital currencies as payments, why not join and accept the cryptocurrency payments on your website to enjoy the benefits it brings to your online T-shirt shop!
How to accept cryptocurrency with MixPay in an online T-shirt shop?
There are only 3 steps for developers as follows:
- Create the payment link with MixPay API or bot(7000101422).
- Place the payment link on a button on your website.
- Customers scan the QR code to pay and the Online Payment look query the payment results.
Click here to get a detailed guide.
You can also integrate MixPay using the JS Plugin we provide. It helps you have a more user-friendly experience on mobile, such as automatically pulling up a wallet and the user can select a certain wallet to pay. When the user doesn't have a wallet on their phone, they will be alerted to make a manual transfer.
Simple integration with MixPay API will offer your customers an easy way to spend their cryptocurrency in your online T-shirt shop.
With the API integration of MixPay's online payment solution, your online T-shirt shop can accept both fiat and cryptocurrency on the same payment button(Supported assets). Furthermore, regardless of what crypto your customers pay with, you can set up to accept the settlement coin as you wish.
The crypto paid by the user is settled directly to your Mixin bot, MixPay user, or Mixin Wallet. That is to say, the assets in your Mixin bot are programmable, and the assets in MixPay you can withdraw and manage easily.
Here is a demo of MixPay.
Which T-shirt shops accept cryptocurrency?
- Off-White, the contemporary luxury label founded by the late Virgil Abloh, is now accepting cryptocurrency payments in its London, Paris and Milan flagship stores.
- Malaysian custom t-shirt manufacturer SaltyCustoms will now accept cryptocurrency as a means of payment.
- Btc Wardrobe accepts cryptocurrency as one of the payment modes.
- How to Accept Crypto Payments as a Small Business
- Why You Should Accept Cryptocurrency in Your eCommerce Store
- Top 10 Online Stores Accepting Payments in Cryptocurrency
- Accept Cryptocurrency Payments for Your E-commerce
MixPay Protocol is a decentralized web3 payment protocol, which connects different chains, different tokens, different wallets, and exchanges, whether it is an on-chain wallet (MetaMask, Trust Wallet) or a centralized wallet (Blockchain.com, BlockFi), or exchanges (Binance, Coinbase). As long as they access the MixPay Protocol, they can provide their users with safe, simple, and free payment services anywhere in the world marked by MixPay, without merchants needing to care about what wallet or token the customer uses to pay, just like what Visa and Mastercard do in the traditional payment field.