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ecommerce in Nigeria – tips for success

Payoneer

Recent policies, such as the ban on cryptocurrency exchanges by banks and the increase in taxation, including VAT, may limit the payment options available to online shoppers and reduce patronage for eCommerce stores. As a result, despite some concerns over regulation and security, cryptocurrency adoption continues to grow in Nigeria.

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How to Accept Payments Online in 2023

Ecommerce Platforms

Even a decentralized transaction with something like cryptocurrency has organizations that manage the network. There’s also the benefit of driving customer retention and satisfaction by generating embedded quotes within emails and your website. With that said, you must use a payment processing service to accept payments online.