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Crypto Payments Adoption in FinTech: How Do Retailers Fit in?

Retail TouchPoints

For retailers, the revolutionary payments shift towards cryptocurrency will certainly come with challenges, but it may all be worth it. Industry leaders such as Starbucks and Burger King are already embracing crypto payments. Here are three tips for implementing these changes into retail operations without compromising your business.

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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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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. As such, more and more industries and businesses are incorporating this technology into their functionality. Today, we see the tendency more clearly. Instant payments.

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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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GameStop Lays Off Additional Workers, Cuts Crypto Exposure Following Weak Q3

Retail TouchPoints

While the scale of the layoffs is unknown, the cuts are reportedly having a greater impact on the cryptocurrency side of the business, where at least six software engineers have said they were let go, according to Axios. GameStop is undergoing another round of layoffs, according to a post on LinkedIn by a GameStop executive. billion , down 8.5%

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Where Payment Processing Systems Are Headed In 2020

RTP blog

But it’s worth remembering the level of impact they had on the industry. 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.

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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.,