How Coinbase's Crypto Analogue of Paypal Works

February 13, 2018

One of the largest cryptocurrency exchanges in the world Coinbase has recently announced the launch of a service that provides online merchants with an opportunity to integrate cryptocurrency payment system using Coinbase Commerce plugin, which is similar to an online payment operator Paypal.

Unlike the previous solutions by Coinbase, which required from user an account on the exchange, this service requires from user only cryptocurrency. 

Coinbase has yet to launch Coinbase Commerce officially, although some users got the access to the plugin to test it. 

Coinbase Commerce looks like this:



After clicking on Coinbase button, user may select cryptocurrency:



Clicking on any button opens a new screen, that crypto users may find familiar:



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