article thumbnail

Central Bank Digital Currency In India: The New Money Is Here!

Forrester eCommerce

India’s central bank, Reserve Bank of India (RBI), is now focusing on Central Bank Digital Currency (CBDC). Things have been a little hazy around the use of cryptocurrencies in India. The world of money is changing, and India has made impressive progress toward innovations in digital payments.

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. trillion at the time of writing this article — a figure that is higher than the market capitalization of JPMorgan Chase, Bank of America and Wells Fargo. of their total transaction in Bitcoins.

Insiders

Sign Up for our Newsletter

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

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. These machines function the same as traditional ATMs, with the extra capability of purchasing and storing cryptocurrencies.

article thumbnail

Does Customer Age Matter for Fraud Prevention?

Retail TouchPoints

However, by understanding how fraudsters target different age groups, merchants can tailor their fraud prevention programs to fit the risk profiles for their customer demographics. This approach can reduce fraud losses and improve the shopping experience for good customers. K eep bots out of your customers’ accounts and checkout.

article thumbnail

Trends Analysis: Why Cryptocurrency May Still Be Important for eCommerce

ESW

Cryptocurrency, and Bitcoin especially, are more likely to draw raised eyebrows than excited grins these days. Bitcoin may be the first cryptocurrency, but it’s far from the only option these days. Most people aren’t yet ready to manage cryptocurrencies. Beyond Bitcoin: Other Cryptocurrencies Driving eCommerce Today.

article thumbnail

eCommerce and Cryptocurrency: Helping SMBs Navigate a Changing Payment Landscape

Korona

The use of cryptocurrencies for online shopping has shown parallel expansion. What Is Cryptocurrency? What Are The Top Cryptocurrencies To Know ? How to Pick a Cryptocurrency eCommerce Gateway. What Is Cryptocurrency? Cryptocurrency is a digital asset. What Are The Top Cryptocurrencies To Know ? .

article thumbnail

Tech Trends Shaping Retail: From AI to Blockchain

365 Retail

As retail sectors evolve, technology continues to play a pivotal role in shaping business strategies and enhancing customer satisfaction. The Rise of Artificial Intelligence in Customer Service Artificial intelligence has revolutionised the way retail businesses interact with you, enhancing both the efficiency and quality of customer service.