Shopify payments with USDC support on Base. What’s important is that it handles auth, capture AND refunds. 

People have lost uncountable amounts of money with crypto transaction mistakes. And when you buy products sometimes you want a return. 

And soon, merchants *anywhere* can accept usdc.

Today, we are launching USDC support on @Shopify Payments. We have partnered with Coinbase to build a new escrow smart contract on @base that makes crypto payments work seamlessly for ecommerce. Auth, capture, refunds - all work as you expect. We have worked with @stripe to make https://t.co/5zE8EwoT3p

Rohit Mishra

Shopify payments with USDC support on Base. What’s important is that it handles auth, capture AND refunds. 

People have lost uncountable amounts of money with crypto transaction mistakes. And when you buy products sometimes you want a return. 

And soon, merchants *anywhere* can accept usdc. 

https://x.com/amishrarohit/status/1933242942929375306?s=46&t=iLSaYO2O7t6yPdmEXeqMdA

Applied AI, databases, data, vibe coding (sic.), open source, community/devrel, remote. 

itinerant businessperson. globalist.

I’m tryna get my dog groomer on USDC like damn stop charging me the credit card fees

you probably don’t think about liquidity enough // it is what it is  // build value, not valuation

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Won’t the groomer just accept a p2p transaction?

I dislike when they give you a cash discount in some places…

And then there are places like Australia where it’s legal to add these credit card surcharges!

I always assume having something like CB business will help with Quickbooks. 

Operating on Venmo seems kind of painful for accounting

Agreed. And Venmo has that feed. 

What is the workflow with the dog groomer? Shopify checkout?

It’s really strange that square who might have had the best lead for this, didn’t really go this route. Maybe Jack was far too focused on lightning.

Yup. Easy pickings. Win on negligible transaction fees. Though… 

Swipe/chip insert versus QR codes. 

Terminal redesign. It’s actually been done in a lot of asia - the prevalence of e-wallets have QR payments everywhere. 

Just switching the backend settlement rails.

Opportunity.

It’s a Clover terminal I think - but yeah stuff like Toast, Clover and other modern POS should be the next target of Coinbase