article thumbnail

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.

article thumbnail

4 Ways Retailers Can Add Crypto Successfully

Retail TouchPoints

Many people in finance and retail considered 2021 the “year of the cryptocurrency.” While the NYC payroll department likely cannot do that, it signals the mayor’s intentions to encourage cryptocurrency adoption. According to Coin ATM Radar, as of December 2021 there were more than 30,000 cryptocurrency ATMs around the world.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Retail TouchPoints

During its July 26, 2022 earnings release, LVMH reported revenue of approximately $37.3 billion , which is a 28% increase compared to the same period in 2021. These luxury houses remained healthy over the first half of 2022 while they also embraced virtual components to enhance their businesses. UK and Europe by late 2022.

article thumbnail

Turn Innovation into Action: Top 10 Takeaways You’ll Get From #RIC21

Retail TouchPoints

The agenda for the virtual 2021 Retail Innovation Conference , taking place Nov. Wondering whether BNPL, cryptocurrencies and NFTs will have staying power or are passing fads? NFT, cryptocurrency and metaverse reality check. These breakthrough technologies have the potential to reshape both consumer and business transactions.

article thumbnail

Trends Analysis: Which Consumers Are Moving on From Credit Cards?

ESW

Cash is a millennia-old form of payment, yet it’s still the way much of the world exchanges value. Even payment methods like PayPal, which were built for the internet, are nearly 20 years old. In the face of an increasingly sophisticated global eCommerce marketplace, can an old payment method like credit cards keep pace?

Consumer 113
article thumbnail

Online Retail in 2021: How to Create an Excellent eCommerce Experience

Korona

Have a location service embedded to provide quick information on delivery options in their region. Another option that can entice a customer to take the plunge is offering multiple avenues for payment, such as PayPal, cryptocurrency, credit cards, installment plans, etc. Social media marketing implementation.

article thumbnail

ecommerce in Nigeria – tips for success

Payoneer

Nigeria’s ecommerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest ecommerce market globally. of Nigerian ecommerce revenue. million in revenue in 2021. of the revenue for Nigeria’s top 100 online stores.