We have a new partnership with leading ecommerce platform, Demandware, and we have also built a new plugin for Spree Commerce. We are now a Demandware LINK Technology Partner. This opens the bitcoin payment option to hundreds of major Demandware retailers, from Adidas to Columbia. Our plugin for Spree Commerce will enable Spree's 45,000+ web merchants to easily accept bitcoin.
Demandware offers a cloud-based merchant platform uniquely suited for its prominent retail clients. With merchandising and marketing capability, Demandware's platform enables its retailers to create consistent and responsive shopping experiences for their customers. Demandware's decision to allow its merchants to integrate a bitcoin payment option through BitPay will help to create even more seamless buying and selling experiences.
Spree is one of the most popular eCommerce platforms in the world, producing open-source code which individuals and businesses can modify, customize, and build upon to create their ideal digital storefronts. Spree's product enables the sale of a remarkable variety of products and services through a convenient common platform. It has also been translated into thirty languages, allowing for merchants around the globe to use their service. Now their BitPay clients can use a custom plugin option to accept bitcoin, a truly universal currency. Spree's diverse customer base can more easily accept bitcoin and cater to a global marketplace.
Merchants who use Spree and Demandware's simple and efficient storefront software will now be able to accept the world's quickest, most secure, and inexpensive payment method - bitcoin. Using BitPay's instant conversion and unlimited free processing plan, Spree and Demandware merchants will be able to accept bitcoin as payment and receive daily settlements at no cost.
We are pleased to offer our merchants these new ecommerce options, and we aim to move bitcoin internet commerce forward.