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FARFETCH Joins Gucci and Other Luxury Brands in Accepting Crypto Payments

Retail TouchPoints

Luxury platform FARFETCH will accept cryptocurrency payments for all purchases on the FARFETCH Marketplace, with plans to expand to FARFETCH Private Clients in the coming months and to all customers in the U.S., FARFETCH customers can scan a QR code to access their cryptocurrency wallets and use more than 60 popular forms of crypto payments.

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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. At first glance, Gemini’s announcement seems to mirror that of cryptocurrency-based lender BlockFi’s December 2020 announcement of a Bitcoin Rewards Credit Card that would incentivize cardholders with 1.5%

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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.

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Cryptocurrency Regulations In The United Kingdom – A Guide To Follow

365 Retail

In essence, Cryptocurrency isn’t really considered to be a legal tender model in the UK. Critically, your company will have to comply with CFT/AML reporting and consumer protection obligations as well. Unlike the USA, the United Kingdom was a little cautious about the usage of Cryptocurrency at the beginning.

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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.

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NFTs will Bridge the Gap Between the Real World and the Metaverse

Retail TouchPoints

The retail store, on the other hand, appeared further down the road in ancient Greece, where merchants sold goods in the Agora city center. Reintroducing NFTs for Retail Selling digital products to consumers is not new. Consumers buy digital services from Netflix. The first currency goes back to 3000 B.C. In the U.S.,

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The Reality of the Metaverse: Debunking 3 Myths about the World(s) of Web3

Retail TouchPoints

While the initial consumer and media hype surrounding the metaverse seems to have simmered down from its 2021 highs, the virtual spaces that were the talk of the town last year continue to grow and attract visitors — consumers and brands alike. “ It makes a ton of sense for a brand like Gucci , though, that is all-in on the metaverse.