Tuesday, July 1, 2025
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Decentralized Finance

WooCommerce and DePay Partner to Bring Web3 Payments to Online Merchants

November 22, 2022
in Decentralized Finance
Reading Time: 3 mins read
5
SHARES
262
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

Swiss Web3 payment startup DePay today announced that they are joining forces with the self-hostable, open-source eCommerce plugin WooCommerce, pushing decentralization further and providing merchants with the ability to have customers send payments directly to their own wallets with tens of thousands of accepted tokens on supported blockchains with on-the-fly conversion.


Simply install the DePay Payments WooCommerce plugin.

 

“DePay makes Web3 and crypto payments as straightforward as possible for merchants and their customers, without requiring a custodial approach,” said David Lockie, Web3 Lead at Automattic. “We wanted to offer WooCommerce merchants a wide range of crypto payment providers, and were instantly impressed by DePay’s flexibility across chains and coins, as well as their focus on a great user experience for all parties.”

“WooCommerce is the best way for merchants to run their shops without intermediaries. With the launch of DePay Payments for WooCommerce, this now also applies to payments.”, said Sebastian Pape, Founder of DePay.

The mechanism of blockchain transactions is inherently peer-to-peer and decentralized. Nevertheless, most of today’s established Crypto Payment solutions manage wallets for their customers, embedding a decentralized technology into centralized structures. As a result, the buyers pay intermediaries who credit the merchant’s account after processing each payment. Merchants then need to request the withdrawal of their funds as opposed to receiving the payments directly into their wallet.

Aiming for a paradigm shift, DePay establishes a new model by using decentralized finance (DeFi) to enable any-to-anything payment conversions managed by smart contracts, allowing merchants to receive all incoming payments in real-time.

WooCommerce and its parent company Automattic are strong partners for DePay thanks to their mission to drive decentralization further. We share their goal of democratizing commerce by removing barriers to entry based on income, gender, and geography.

The benefits for Woo merchants include:

  • Instant Cashflow: Received payments are settled and available for the merchants in real-time.
  • Automatic Conversion: Tokens are automatically converted (e.g. to stablecoins) as part of the payment transaction.
  • Unmatched token acceptance: By using DeFi, DePay grows the amount of accepted tokens by a hundredfold.

About DePay
DePay pioneers Web3 Payments with the power of DeFi. Driving mass adoption of blockchain-based payments, DePay merges the core ideas of decentralization and interoperability with state-of-the-art Web3 technologies.

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
Tags: AutomatticDavid LockieDePaySebastian PapeWooCommerce
ShareTweet1ShareSendShare2
Previous Post

Airswift Launches A Full-Stack Cryptocurrency Payment Gateway

Next Post

Join BC.GAME’s Coco’s Carnival Now and Win Up To $2,100,000 or a TESLA

Related Posts

VicBit Trading Center Launches CSR Initiative to Promote Digital Inclusion and Education

VicBit Trading Center, a global digital asset platform known for its secure and transparent trading environment, has launched a dedicated Corporate Social Responsibility (CSR) initiative aimed at enhancing financial inclusion and digital literacy across emerging economies. This move underscores the platform’s broader mission to contribute to equitable global access to...

Read moreDetails

CICADA Finance Successfully Completes Token Generation Event (TGE) on BNB Chain on the 29th

CICADA Finance has officially completed its Token Generation Event (TGE) on BNB Chain on the 29th through a fair launch, marking a key milestone in the platform’s mission to build sustainable, real yield infrastructure for the next generation of decentralized finance (DeFi). This event, held on the 29th, introduces CICADA’s...

Read moreDetails

5IR Funds Leads $10M Round in GreatX to Unlock Real Estate Yield Through DeFi

Dallas, TX, June 30, 2025 --(PR.com)-- 5IR Funds, a venture fund backing foundational technologies of the fifth industrial revolution, including infrastructure for the tokenized economy, today announced it is leading a $10 million strategic investment in GreatX, a decentralized finance-native (DeFi) protocol built to transform real estate equity into capital-protected, yield-generating...

Read moreDetails

Blockchain GExpected to Reach USD 1,172.8 Billion by 2033, Industry Growing at a CAGR of 62.59%

Market Overview:The blockchain gaming market is experiencing rapid growth, driven by distributed holdings and the empowerment of the player, economic models based on play-to-earn, and integration with decentralized finance (defi). According to IMARC Group's latest research publication, "Blockchain Gaming Market Size, Share, Trends and Forecast by Game Type, Platform, and...

Read moreDetails

How Smart Solana Founders Are Dominating Pump.fun with VoluDex

Smart Solana token creators are using VoluDex to simulate organic volume and gain real traction on Pump.fun. https://voludex.net - In the fast-paced ecosystem of Solana memecoins, thousands of tokens are launched every day. But only a few ever get noticed. The real difference? Visibility - and smart founders know that...

Read moreDetails

CryptoMiningFirm Launches GreenMine 2.0: A Next-Generation, AI-Powered, Carbon-Neutral Cloud Mining Platform

London, UK, June 30, 2025 (GLOBE NEWSWIRE) -- CryptoMiningFirm, a global innovator in green cloud mining solutions, today announced the official launch of its next-generation platform, GreenMine 2.0, a fully automated and carbon-neutral cloud mining ecosystem. With this release, CryptoMiningFirm aims to democratize cryptocurrency mining by eliminating traditional entry barriers...

Read moreDetails

SEALSQ Finalizes Strategic Investment in WeCan Group with 28.30% Equity Stake Acquisition

Geneva, Switzerland, June 30, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced the completion of its strategic investment in WeCan Group SA (“WECAN”), a Swiss blockchain and data...

Read moreDetails

Unleashing Ghostdriver by Tearline: Browser-Native AI Agent for Seamless Web2 and Web3 Task Execution

British Virgin Islands, BVI, 27th June 2025, ZEX PR WIRE, In an era where every second counts for securing everything from coveted collectibles to critical crypto assets, Tearline unleashed Ghostdriver: a groundbreaking browser-native AI agent set to revolutionize how users interact with the internet. Ghostdriver is a powerful, autonomous system...

Read moreDetails

XRP News: Vaultro Finance $VLT Presale on XRP Enters Final 12 Hours – Secure Your $VLT Before The Presale Ends

SINGAPORE, June 28, 2025 (GLOBE NEWSWIRE) -- The moment of truth is here: with only 12 hours remaining, Vaultro Finance’s $VLT presale is hurtling toward its finish line, having already claimed 90% of its token allocation. As the clock ticks down, fierce FOMO is driving investors to lock in positions...

Read moreDetails

XRP News: Vaultro Finance $VLT Presale on XRPL Surpasses 90% with Just 12 Hours Left – Join $VLT Presale

SINGAPORE, June 28, 2025 (GLOBE NEWSWIRE) -- Vaultro Finance has just smashed through another landmark: over 90% of its $VLT presale allocation has now been claimed. With only 12 hours remaining and 10% of tokens left, this surge underscores the feverish demand for XRPL’s first fully decentralized index fund protocol,...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Top Cross-Chain DeFi Solutions to Watch by 2025

    38 shares
    Share 15 Tweet 10
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    67 shares
    Share 27 Tweet 17
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    57 shares
    Share 23 Tweet 14
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    36 shares
    Share 14 Tweet 9
  • Web 3.0 Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

    6 shares
    Share 2 Tweet 2
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

Web 3.0 and AI Summit 2025

2025-09-11
Frankfurt
Summit

Latest on Web3Wire

  • Sekur Private Data Ltd. Announces Closing of its Non-Brokered Private Placement – Insiders Participate in Offering
  • Sekur Private Data Ltd. Announces Closing of Its Non-Brokered Private Placement
  • Industry First — Supermicro Systems Certified by Intel for an Immersion Cooling Solution
  • Last Mile Solutions (“LMS”) and Orchestro.AI Partner to Power Smarter E-Commerce Delivery Networks
  • Jumia Opens New Warehouse in Egypt to Boost Logistics, Job Creation, and Digital Economy

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.