article thumbnail

Decoding China’s Central Bank Digital Currency

Forrester eCommerce

The digital yuan, the central bank digital currency (CBDC) of China, has already been tested in several major cities across the country. In fact, the digital yuan […].

article thumbnail

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. According to a study from Digital 2020 , 47% of users have seen a significant increase in the time they spend shopping online.

Insiders

Sign Up for our Newsletter

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

article thumbnail

PayPal Purchases Cryptocurrency Security Provider Curv

Retail TouchPoints

Financial terms of the deal were not disclosed, and PayPal expects to complete the purchase in the first half of 2021. Curv will join the newly formed group, bringing its strong team of technologists to add technical expertise in these areas. “The

PayPal 149
article thumbnail

Build-A-Bear Expands Metaverse Pawprint with Tycoon Game Launch

Retail TouchPoints

However, the brand adapted to the changes in brick-and-mortar retail, in part by turning its stores into microfulfillment centers and also by bringing its signature bear-making experience online in November 2021.

Games 189
article thumbnail

The Growth of Digitally Exclusive NFTs is Creating Real-World Opportunities for Retailers

Retail TouchPoints

The Gucci bag that Grellet mentioned was sold on the gaming platform Roblox for 350,000 Robux (the digital currency traded in this digital world), which works out to roughly $4,115 — $700+ more than the bag’s real-world retail value of $3,400. It is essentially clip art of a rock.

Retail 207
article thumbnail

Gartner Predicts COVID Will Accelerate These Top 5 Digital Commerce Trends

GetElastic

The COVID-19 pandemic has drastically changed consumer buying behaviors and accelerated the evolution of and shift to digital commerce for businesses globally. The point at which digital currency outpaces cash is rapidly approaching, accelerated by COVID, and will eventually be the daily-standard. All rights reserved.

article thumbnail

eCommerce and Cryptocurrency: Helping SMBs Navigate a Changing Payment Landscape

Korona

between 2021 and 2030. First, as crypto becomes more and more popular you will be ahead of the curve by opening up your store to digital currencies for tech savvy enthusiasts. Whether you buy into its viability in 2022 or not, it’s becoming clearer every day that crypto is here to stay.