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. His company has been accepting Bitcoin as a payment method for a half decade. For many companies, Bitcoin simply represents a system that facilitates the movement of money with comparatively low transaction costs.

article thumbnail

How to Adapt Your Ecommerce Business to Increase Sales in 2021

Retail TouchPoints

The sectors that have grown most because of the pandemic have been food, personal care and fashion. This is software with self-learning capabilities that can speed up the company’s decision-making and operation. Increased popularity and use of cryptocurrencies : Bitcoin continues to be a player in the shadows.

Insiders

Sign Up for our Newsletter

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

article thumbnail

As Gen Z Gains Spending Power, Luxury Brands Go Big with Digital  

Retail TouchPoints

Once reserved for an ultra-affluent clientele with disposable income to spend on shopping trips in the world’s most fashionable cities, the luxury category is undergoing a significant transformation. Customers’ cryptocurrency wallets are accessible simply by scanning a QR code. UK and Europe by late 2022.

article thumbnail

Experts predict the biggest fintech trends for 2023

365 Retail

Whilst buy now pay later has raised concern in recent years, the online trend allowing customers to split their payments into interest-free instalments continues to surge. . Alongside this, data shows the term “Banking as a service” has seen 176% global increase, too. . Cryptocurrency will become an everyday way to pay .

article thumbnail

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

Retail TouchPoints

Not only do they own more metaverse goods (VR headsets and devices, cryptocurrencies or NFTs) than other generations, but 62% said they would like to do things in the metaverse. The fashion influencers that I follow are always sharing when there’s a new brand that’s able to be purchased via crypto,” she said.

article thumbnail

Global Sneaker Platform The Edit LDN enters the Metaverse with Bloktopia

365 Retail

Moses launched the business in January 2020, and has scaled the company to new heights with a 525% growth from Y1 to Y2 & on track to deliver another 500% growth in Y3, making The Edit LDN the UK’s no1 sneaker destination for servicing a global audience. A number of designer labels have followed suit.

article thumbnail

ecommerce in Nigeria – tips for success

Payoneer

The market is comprised of five major categories: Electronics & Media, Fashion, Furniture & Appliances, Food & Personal Care, and Toys, Hobby & DIY. How Payoneer can help with payments to and from Nigeria Payoneer provides you with the tools and services to effectively manage your incoming and outgoing business payments.