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.

article thumbnail

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. After all, offering this option opens the door to a whole new audience of more than 106 million people across the world that hold assets in cryptocurrency. Get ready for a technology retouch.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Walmart Steps Up Ecommerce Investment With Cross-Border Commerce and NFT Projects

Retail TouchPoints

Walmart is beefing up its ecommerce operations on several fronts via cross-border commerce, metaverse investments and a new executive. marketplace, while CNBC has reported that the company plans to create its own cryptocurrency and collection of NFTs. The retail giant announced that it is encouraging Indian retailers to join its U.S.

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. There’s a bigger discussion about what crypto — and the blockchain technology behind it — can do for the entire eCommerce sector. This could prove to be the real story of cryptocurrency’s rise. Alternatives.

article thumbnail

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

Retail TouchPoints

Due to the global financial crisis, advancements in blockchain technology as well as the proliferation of digital assets available built momentum for NFTs. Regulators have also been confused distinguishing between NFTs, stablecoins, and cryptocurrencies. Also, the technology may be utilized to reduce fraud. In the U.S.,

article thumbnail

Where Payment Processing Systems Are Headed In 2020

RTP blog

However, payment technology is perhaps the best it’s ever been. And technology is one way to heighten security, both for FinTech companies and consumers. They were one of the technological shifts that changed the very nature of card transactions. It’s possible that retailers will begin accepting cryptocurrencies.

article thumbnail

eCommerce and Cryptocurrency: Helping SMBs Navigate a Changing Payment Landscape

Korona

The use of cryptocurrencies for online shopping has shown parallel expansion. Naturally, though, as with any emerging technology, there are some factors and challenges of which you should be aware. What Is Cryptocurrency? What Are The Top Cryptocurrencies To Know ? How to Pick a Cryptocurrency eCommerce Gateway.