Woo Commerce is amongst the most popular payment platforms available today. It’s being used by over 28% of all online merchants. And now Coinbase, the US largest crypto bank, announced that it is releasing a Woo Commerce plugin.
The plugin will be downloadable from Github as a part of the Coinbase Commerce offering. Coinbase explained that the Woo Commerce businesses will “have access to cryptocurrency payments from customers around the world,” and continues:
“This increased access will lead to more widespread adoption, and ultimately, moves us closer to our goal of an open financial system.”
A huge market
Many companies are attempting at making it easier to use cryptocurrency by online merchants. Coingate has partnered with Prestashop recently, bringing cryptocurrency within reach of over 80,000 European sellers.
With the Woo Commerce plugin, Coinbase has a chance of owning a huge chunk of the market while accelerating adoption.
At this moment Coinbase allows sending Bitcoin (BTC) and Litecoin (LTC) from Coinbase Commerce directly. Ethereum (ETH) and Bitcoin Cash (BCH) are being tested and will soon follow.
Do you believe that the Coinbase Commerce Woo Commerce plugin will be a success? Do you think it will increase adoption? Share your thoughts in the comments below!