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Alex Danco
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Something we’re thinking about a lot at Shopify right now is “accelerated checkout for crypto payments”. It’s actually a really tricky problem! Here’s why: 1/
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Alex Danco
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Shopify has supported crypto payments for years, via payment partner apps like Coinbase Commerce. When, the user selects “pay with crypto” at Pay Now they’re taken to an offsite page hosted by the payment app to answer q’s like “which wallet? Which coin” before finally handing off to wallet to sign tx. 2/
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Alex Danco
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This setup is a lot of clicks, but it works- because payment apps have a dedicated page they own, where they can get whatever info they need - and, therefore, allowing the wallet to *only* have to ask for final signature.
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Alex Danco
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Now, what we’d RATHER see is something a lot more “accelerate-able” where the checkout can make a lot of assumptions for the buyer, while allowing them the option to make edits to those assumptions at any time - without ever hitting a back button. That last part is the hard part.
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Alex Danco
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What “good” really looks like is, the buyer on a checkout can be accelerated right through to their wallets as fast as possible, where the payment app has an extension target to offer, “review or make changes” *from inside the wallet*.
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rkfalcon ↑🔵
@falcon
by assumptions do you mean shipping details? and is this something on the wallet provider to allow users the ability to store and edit such assumptions from within their wallets?
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Alex Danco
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Not shipping because that’s resolved in checkout, it’s assumptions that are pertinent to the payment itself For example, “pay with what coin”, but also, “pay in instalments?” Or anything that can be worked out on a DEX by the payment app
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Alex Danco
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The thing that wallets have to do is provide extension targets to payment apps (which is a tall order, but we have some ideas here)
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