NOWPayments, a cryptocurrency payment solution, has announced that E-commerce platforms like Shopify and WooCommerce will now be able to accept payments in Cardano ADA. The decision was announced in a Reddit post and is tipped to provide a significant boost to Cardano ADA.
NOWPayments is also in talks with Etsy to accept payments in ADA.
Jeremy Firster of Cardano Foundation Tweeted about the development on Wednesday. He thanked NOWPayments for supporting the growing Cardano Ecosystem.
*Cardano is a free and publicly available blockchain that is open for all to use*https://t.co/5LpER40yPg
— Jeremy Firster (@JeremyFirsterCF) April 21, 2021
In addition to Shopify and WooCommerce, it will also provides six other plugins that allow vendors to accept ADA payments.
NOWPayments allows merchants to deal in over 50 Fiat and Cryptocurrencies. These include prime currencies like BTC and ETH. Crypto payments are sent directly to the merchant’s digital wallet.
The platform will also be providing automatic conversion for Vendors who don’t have a digital wallet.
The latest development will fast-track Cardano ADA’s mainstream use as a payment method.
Cardano is currently the sixth-largest Cryptocurrency in the world with a market cap of close to $36 Billion. Cardano reached an all-time high value of $1.56 on April 14 and is currently valued at $1.12.