expands services with Shopify by offering 0 transaction fees expands services with Shopify by offering 0 transaction fees - mco card best cashback cardWith today's announcement, one of the world's best-known cryptocurrency exchanges,, has enabled Shopify merchants to receive cryptocurrency payments with the help of Pay. expands the reach of traders

Thanks to this integration, Shopify merchants will be able to tap into the market of customers who prefer to pay in cryptocurrencies and open up opportunities for current users who want to take advantage of this service.

To further incentivize Shopify merchants, also offers to waive the 0,5% settlement fee for the first month after integration on all transactions. This will help expand its payment services to other Shopify users as well.

Currently, allows users to make payments around the world with zero transaction fees, and it also incentivizes individuals to use its native token, Cronos, with its payment platform. Users who pay through using Cronos receive a significant amount in crypto-cashback, which can go up to 10% in certain periods.

In the future, users will be able to pay Shopify merchants using 20 cryptocurrencies, from Bitcoin to Apecoin, via Ethereum, Cronos, Dogecoin and Shiba Inu.

Commenting on this announcement, co-founder and CEO Kris Marszalek said:

“Providing more customers and merchants with the ability to trade using cryptocurrencies is a priority for We are incredibly excited to integrate into Shopify and bring this functionality to even more customers and merchants around the world. " expands its partnerships

Marketing and advertising are's strengths, with brand ambassadors like Matt Damon. The exchange is therefore leveraging this to reach a wider audience. 

As part of this strategy, the most recent transaction was's five-year partnership with the Australian Football League, which has become the official cryptocurrency exchange and official cryptocurrency trading platform for both AFL and for the AFLW.

But while it excels on the expansion front, it may not fare as well on the front of the Investors, as the Cronos owner is trying to recover from the devastating collapse of 9 May.

Although CRO rose 16,64% over the course of the week, it will be difficult for the altcoin to counter the 43,35% drop in price during the crash.