Helio has made a series of upgrades to its Solana Pay Shopify plugin, the crypto payments company announced Thursday morning.
The plugin allows businesses on the e-commerce platform to accept payments through the Solana network. The plugin charges a transaction fee of 0.75%, which is lower than the 1.5 to 3.5% typically charged by credit cards.
The new version of the plugin adds “hundreds” of cryptocurrencies that can be used for payments. A video of the possible cryptocurrencies shared with Blockworks included bitcoin, ether, solana, PayPal’s PYUSD, and memecoins including ORE and MOTHER. The plugin previously only accepted USDC.
Using Jupiter, merchants can automatically exchange the variety of accepted coins for stablecoins.
The upgrade also allows users to withdraw crypto to their wallets using fiat, and allows merchants to automatically convert crypto to fiat. In addition, the upgrade provides a more streamlined checkout process and allows merchants to offer features such as NFT airdrops and allow listings for customers.
To be clear, Shopify itself does not help with the upgrades. Anyone can apply to add a plugin to the Shopify App Store. The Solana Foundation led Shopify’s first integration with Solana Labs-created Solana Pay in August, Helio CEO Stijn Paumen told Blockworks. Helio took over integration activities from the Solana Foundation in December 2023, Paumen said.
If there’s a setup-related takeaway here, perhaps it’s that PYUSD on Solana now has a payments-related use case – something PayPal had hoped for when it rolled out in late May.
Read more: PayPal’s stablecoin goes live on Solana
Since the acquisition in December 2023, Helio’s Shopify plugin has achieved $50 million in sales volume through partnerships with more than 200 stores, the company said in a press release. Entrepreneur and anti-aging influencer Bryan Johnson is a Helio-Solana Pay customer, and Solana Labs used the plugin when requesting pre-orders for the second Solana Mobile device.
Payments on Ethereum, BNB and more than 10 other blockchains are coming to the Shopify plugin soon, Paumen said.