article thumbnail

Cryptocurrencies are the Future of Payments: Here is How Merchants Fit In

Retail TouchPoints

Bitcoin, along with many other cryptocurrencies today, finds itself in a rather unique position. At first glance, Gemini’s announcement seems to mirror that of cryptocurrency-based lender BlockFi’s December 2020 announcement of a Bitcoin Rewards Credit Card that would incentivize cardholders with 1.5%

article thumbnail

Cryptocurrency Regulations In The United Kingdom – A Guide To Follow

365 Retail

In essence, Cryptocurrency isn’t really considered to be a legal tender model in the UK. However, since 2020, when Bitcoin’s price began increasing, the government has become a little more concerned about the system. Unlike the USA, the United Kingdom was a little cautious about the usage of Cryptocurrency at the beginning.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Where Payment Processing Systems Are Headed In 2020

RTP blog

Here’s what you can expect in 2020. Cryptocurrencies Are Becoming More Popular Bitcoin is the most commonly known cryptocurrency, but there are currently more than 1,600 different blockchain networks in existence. It’s possible that retailers will begin accepting cryptocurrencies. What makes cryptocurrency appealing?

article thumbnail

PayPal Purchases Cryptocurrency Security Provider Curv

Retail TouchPoints

In October 2020, PayPal committed to helping shape the role that digital currencies will play in the future of commerce and financial services, and the company recently created a business unit focused on blockchain, crypto and digital currencies.

PayPal 151
article thumbnail

FORRward: A Weekly Read For Tech And Marketing Execs

Forrester eCommerce

Put Facebook and cryptocurrency in the same sentence, and you’re guaranteed headlines. In reality, we still don’t know exactly what or when Facebook is planning to launch; possibly in early 2020 and possibly named […]. Facebook’s Planned ‘Coin’ – Much Ado About We-Don’t-Know-What Given Facebook’s 2.4

article thumbnail

GameStop Accelerates Transformation into Tech Business with NFT Marketplace Launch

Retail TouchPoints

billion of cryptocurrency through NFT marketplaces, up from just $106 million in 2020, according to blockchain analytics firm Chainalysis. We are excited to continue to deepen Immutable’s relationship with GameStop and are looking forward to building the future world of Web3 gaming together.”. In 2021 online users sent more than $44.2

article thumbnail

How to Adapt Your Ecommerce Business to Increase Sales in 2021

Retail TouchPoints

According to a study from Digital 2020 , 47% of users have seen a significant increase in the time they spend shopping online. Increased popularity and use of cryptocurrencies : Bitcoin continues to be a player in the shadows. Its popularity increases even though it’s an abstract concept that’s difficult to understand for many users.