Shopify Cred Partnership To Expand More Payment Options for Merchants By CIOTechOutlook Team

Shopify Cred Partnership To Expand More Payment Options for Merchants

CIOTechOutlook Team | Friday, 15 September 2023, 02:48 IST

CRED, a high-trust network of creditworthy individuals, companies, and institutions, and Shopify Inc, a provider of vital internet infrastructure for commerce, announced a partnership that would extend CRED's payment alternatives to Shopify merchants. CRED members can utilize their preferred payment method for a smooth and quick buying experience on Shopify merchant platforms. CRED pay is presently accessible to select Shopify merchants and will soon be available to all merchants.

CRED members tend to spend 40% more than the average consumer when shopping online. With this integration, Shopify merchants can add CRED Pay - a trusted payment partner - to their payment stack. This will enable merchants to improve prepaid conversions and offer a seamless and rewarding shopping experience to the top 1% of consumers in the country. CRED members can transact on Shopify-powered merchant websites using their preferred payment modes and access curated rewards and offers, as per business wire.

With zero fees for merchants, applicable for the first 30 days, brands can curate exclusive benefits and rewards for CRED members.

“CRED X Shopify will expand the D2C brand ecosystem available for CRED members to discover and experience. For anyone looking to build a D2C first brand or build their online business, Shopify is the platform of choice. Shopify merchants can leverage the trusted payment suite from CRED to unlock greater revenue potential by enabling smooth transactions, expanding payment options, and building curated campaigns for CRED members," said Miten Sampat from CRED.