Coinbase Commerce — Accept BTC, ETH & other digital currencies in your business

Ironically Stripe recently discontinued support for Bitcoin payments. Today, Coinbase introduces it's Stripe-like competitor focused on digital currency transactions. This is a big move for Coinbase, extending its offering. Side note: Keep an eye on their Toshi platform. It could be a sleeper.

Ah this is cool! I've implemented in a website and I was wondering, would it be possible to have an embedded link that doesn't automatically apply styling to the button? I don't want to have to undo the css you guys apply.

Is Coinbase putting on extra support staff to be able to respond to users in a timely manner? Reddit is full of accounts of extremely slow service times, frozen accounts, lack of communication experiences between company and user. How is the exchange, who is unbelievable busy already, add a new layer/service and scale its support commensurately? Thanks.

Hi everyone! I work on the Coinbase Commerce team. Happy to hear your feedback and answer any questions you have

Will Coinbase Commerce support immediate conversion to Fiat currencies to mitigate price volatilities of cryptos?

I see posts on Reddit and Twitter about Coinbase's horrible Customer Support nearly weekly. It's a shame that they are launching a new product when people can't even get their money out of Coinbase.

Pros:

Cool idea!

Cons:

Coinbase's support team has been overwhelmed for over a year. How can they support a new product too when they can't support their old one?

As someone who had to deal with Coinbase support - which took about two months to get a single reply - I'm excited, but scared.

We've been waiting this for a while now. Too bad simple things like refund arent considered yet very easy. Also, quick "bug", but you mention the amount to pay in ETH/LTC... but in € it doesn't include the fees. Which makes pretty much all orders under paid. that must be fixed quickly. Besides this, waiting for withdrawal to be active to propose it on our shop, and transposing payment in fiat, otherwise not interesting for actual businesses.

They had a page called "Coinbase merchants". They just changed the name, did PR again and added extra currencies.

Just tried it and it's working very well. To test it, I created a product at 2$ US. I paid in Litecoin, and it cost 5 cents in gas. There is no fee on Coinbase side. Wow!

@rrhover I would like to challenge the justification for this being product of the day, I really question the criteria on how you came to this simply because Coinbase has so many customer complaints for its most basic service..not to mention their fees.

For me Coinbase helped me jump on board on crypto. They have different mechanisms for security which was awesome so basically it made me fell very safe when doing my first purchase. However the fees were scandalous. I bought 30 USD in crypto and after the initial purchase and sending them to a personal wallet I ended up with 23 USD in bitcoin at the end.

So if you're new and are afraid go for it but I would rather recommend bit panda who just recently introduced Segwit which dramatically reduces fees.

Pros:

Best alternative for crypto newbies

Cons:

Insanely high fees

We just deployed this on our website https://www.wolverinecryptotradi.... Working out the kinks but overall easy to use! Love it!

no way to tell what the cost benefit analysis for this simply because the relevant information is hidden until you've signed up, then its still unclear. This more like a vague promise rather than a product.

Pros:

possibility of receiving payments

Cons:

unclear options, expensive, poor support

Like other have mentioned, easy entry into crypto but high fees and multiple times not being able to use the platform coupled with almost non-existant support having to wait weeks to get a response that doesn't even address your question. It's nice they want to add new features for us but they need to first be able to support the existing features and user base.

Pros:

Easy, Entry Level

Cons:

Expensive, Understaffed support

@maksim_s What are the fees for processing the transaction or moving the funds? I don't see anything in your FAQ.

New Blockchain projects like Stack, Monitha with Fiat support will take over as soon as they are live. Don't see why a merchant want to maintain one service for only crypto another for Crypto+Fiat, unless theres a huge price difference.

My team at Cointaxes.com applied for access with a use-case for the service and we were quickly granted a log-in. Excited to get it implemented in our site shortly.

Pros:

Enables accepting digital currency on your platform

Able to create multiple products

Straight forward and easy to implement

Highly secure!

Cons:

Requires use of a third party wallet for withdrawals (Jaxx)

[Disclosure: I am an engineer on the Coinbase Commerce team]

Coinbase Commerce's non-custodial payment processor is so exciting, especially for merchants with customers around the world. I can sell my e-books or accept donations across all borders plus it's free to use! Super excited that Coinbase is offering this product free of charge to build up the crypto ecosystem.

Pros:

no one can steal my funds! so easy to set up and no middle man

Cons:

no auto-conversion to fiat yet. bitcoin network fees are still $3+

Any idea when we can see more billing plugins like a WHMCS module?