If you’ve ever thought of making payment with Crypto on Amazon, you may find the “Moon browser extension” an easiest choice to do so. The new startup is enabling users to pay for items on Amazon using Bitcoin, Ethereum, Litecoin and Lightning Network.
Moon, the new browser extension is now available for Google Chrome, Brave and Opera browsers. Although Amazon itself isn’t integrating this payment option, rather a startup “Moon” is enabling it via a payment widget. This means, once you install the extension, the Moon extension will insert its payment widget on a checkout page of Amazon as soon as you land there. At present, Moon supports only Amazon and added Nike “as coming soon”.
Moreover, crypto enthusiasts can link the extension to their Coinbase account. With this, users can directly pay BTC, ETC or LTC by using Coinbase’s API directly. The platform reads that;
Moon is a non-custodial service that enables trustless payments. Moon supports daily limits, 2FA and revocable permissions for users paying with crypto from their Coinbase account.
Although Amazon has already amassed world’s largest audience, the giant hasn’t entered the crypto space yet. Moreover, Moon’s service is only available in the US and Canada at the moment but it seeks to expand its services to other countries and other e-commerce websites as well.
Well, Moon’s effort of integrating the crypto service with Amazon looks pretty simple but the approach could be even simpler and capture major audiences if the giant itself accepts crypto payment. On the other hand, Japan’s e-commerce giant Rakuten which is also known as Amazon of Japan is already in a game of cryptocurrency. In fact, it had started accepting Bitcoin as a payment early this year. Moreover, back in April, 2019, Rakuten also opened its new cryptocurrency exchange, Rakuten Wallet.
Image Source – Shutterstock
Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the crypto currency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal or accounting advice. This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was not compensated to submit this article Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.