How does Coinbase Commerce work?

Coinbase Commerce, offered by the cryptocurrency exchange Coinbase, is an enterprise digital payment service. It allows merchants to accept payments in various cryptocurrencies like Bitcoin, Ethereum, and more. The service integrates with checkout workflows and can be added as a payment option on shopping portals. Payments made by customers are credited to the merchant's Coinbase Commerce account and can be transferred to their desired wallet. The platform uses a two-factor authentication mechanism for security.