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eCommerce and Cryptocurrency: Helping SMBs Navigate a Changing Payment Landscape

Korona

between 2021 and 2030. The use of cryptocurrencies for online shopping has shown parallel expansion. Major brands such as Home Depot and Microsoft have begun accepting crypto as part of their eCommerce payment options. Also, processors like Paypal now have crypto gateways accepting many different coins. Table of Contents.

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How to Adapt Your Ecommerce Business to Increase Sales in 2021

Retail TouchPoints

It’s estimated that these figures will continue to rise gradually in 2021, due to the ongoing prevention methods put in place internationally along with the changes in consumer spending habits. This is software with self-learning capabilities that can speed up the company’s decision-making and operation. Growing Trends in 2021.

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Ripple and Lunu partner to enable luxury retailers to accept cryptocurrency payments

365 Retail

Today, Ripple , the leader in enterprise blockchain and crypto solutions, has announced a partnership with Lunu to support the Berlin-based company’s luxury retailers in accepting cryptocurrency as a form of payment in store and online using Ripple’s Liquidity Hub. RippleNet’s annualized payment volume run rate now stands at $15B.

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How to Sell NFTs on Shopify – The Complete Guide

Ecommerce Platforms

There are various use cases for cryptocurrencies and the technology that powers it, the blockchain. Since essentially any digital property can be turned into an NFT and sold for value, the process has garnered attention from digital creators and collectors for all the right reasons. One of these points of innovation is that of NFTs.

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As Gen Z Gains Spending Power, Luxury Brands Go Big with Digital  

Retail TouchPoints

billion , which is a 28% increase compared to the same period in 2021. Kering — owner of brands such as Gucci , Yves Saint Laurent and Bottega Veneta — reported revenue of more than $10 billion during the first half of 2022, a 16% increase compared to the first six months of 2021. UK and Europe by late 2022.

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The Environmental Impact of NFTs

Ecommerce Platforms

But whether thought of as financial savior or ecological disaster, there’s no doubting that many still consider NFTs to be the cutting edge and possibly the future when it comes to digital art. NFTs were created as a way for artists to ensure that their digital art cannot be counterfeited. What is an NFT?

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What Gives NFT Value?

Ecommerce Platforms

To help you through the process, here’s a lowdown on NFTs, their functionality, and their accrued value. When you think of fungible assets, you can refer to cryptocurrency such as Bitcoin, which can be replaced by another unit of its kind. million on March 22, 2021. Creating, selling, and buying NFTs is a detailed process.