article thumbnail

5 ways cryptocurrency benefits ecommerce

GetElastic

Issuing as a mysterious concept narrowly known by those in IT and developing into worldwide hype, cryptocurrency has become a controversial phenomenon in today’s world. Let’s discuss some advantages of cryptocurrency in ecommerce. Maybe, the best thing about cryptocurrency is a decentralized exchange. Decentralized payments.

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.

Insiders

Sign Up for our Newsletter

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

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

Where Payment Processing Systems Are Headed In 2020

RTP blog

For example, biometric identity verification is becoming more commonplace. Cryptocurrencies Are Becoming More Popular Bitcoin is the most commonly known cryptocurrency, but there are currently more than 1,600 different blockchain networks in existence. It’s possible that retailers will begin accepting cryptocurrencies.

article thumbnail

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

Retail TouchPoints

Regulators have also been confused distinguishing between NFTs, stablecoins, and cryptocurrencies. FINCEN’s report ultimately determined cause to doubt any regulatory action for NFTs, or any cryptocurrency, and concluded that no regulatory action was a priority of the agency at this time. In the U.S.,

article thumbnail

Digital Wallets and Cryptocurrency: DTC Brands Must Prepare for the Future of Money

ESW

Whether you love it or are indifferent, cryptocurrency is here to stay — for better or for worse. The question has as much to do with other forms of digital payment processes as it does with cryptocurrency itself. What Cryptocurrency and Digital Wallets Can Offer Brands. Bitcoin turned 10 years old in 2018.