Bitcoin and cryptocurrency payments boosted by Coinbase Commerce service

Coinbase Commerce lets you pick a cryptocurrency like bitcoin and then gives you a merchant’s destination wallet for payment.


Coinbase; Screenshots by Stephen Shankland/CNET

Coinbase, a company that houses people’s digital wallets for bitcoin and other cryptocurrencies, has a new way to pay.

The service, called Coinbase Commerce, “enables merchants to accept multiple cryptocurrencies” so funds arrive directly in their own wallets. It can be integrated straight into their own online checkout processes, Coinbase said in a blog post Wednesday.

Bitcoin rose to prominence as a digital currency, but many today are cautious since its value has been highly volatile, transaction times are slow, transaction fees have been increasing, and many people bought cryptocurrencies not to spend it but to hang on in hopes its worth would continue to…


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