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Crypto-Commerce: Banking on Blockchain for B2B Payments

GetElastic

After significant hype with the rise of cryptocurrencies, there was a ‘Blockchain winter.’ The predictions for rapid adoption by 2020 never materialized; however, the underlying technology, Blockchain, still holds promise, especially in the B2B payments space. How Blockchain for B2B Payments Works. Transactions are ?distributed

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Crypto-commerce: banking on blockchain for B2B payments

GetElastic

78% of businesses have reported attempted or actual B2B payments fraud last year ( rising steadily since 2013), and international fraud has risen 136% in the last two years. 35% of B2B buyers and suppliers are interested in blockchain-based payment networks and 26% believe blockchain is the “preeminent payment technology of the future.”.

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ecommerce in Nigeria – tips for success

Payoneer

However, despite the coronavirus pandemic’s boost, eCommerce in Nigeria faces several challenges, including inadequate logistics infrastructure, limited payment options, high shipping costs, and low consumer trust. In addition, successful ecommerce in Nigeria requires navigating Nigeria’s unique market challenges.