article thumbnail

PayPal Purchases Cryptocurrency Security Provider Curv

Retail TouchPoints

In October 2020, PayPal committed to helping shape the role that digital currencies will play in the future of commerce and financial services, and the company recently created a business unit focused on blockchain, crypto and digital currencies.

PayPal 151
article thumbnail

Why Backend Orchestration is the True Payment Experience Unlock

Retail TouchPoints

To tackle this challenge, retailers are increasingly adding on new payment options, from buy now, pay later (BNPL) financing to accepting digital currencies and even biometric-based payment systems. I think it’s about taking a big step forward by optimizing payment systems.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Retail TouchPoints

However, even if you’re not yet set up for in-store crypto payments, you can still integrate a digital currency option into your ecommerce or click-and-collect offering. Payment terminals and tablets are simply not yet designed to execute cryptocurrency payments.

article thumbnail

Tech Trends Shaping Retail: From AI to Blockchain

365 Retail

As digital currencies like Bitcoin become more mainstream, retailers are exploring the benefits of these transactions, which offer you high security and lower transaction fees.

article thumbnail

How to Adapt Your Ecommerce Business to Increase Sales in 2021

Retail TouchPoints

To not be left behind, ecommerce businesses can start investigating how to incorporate this new payment system into their websites and enjoy the advantages it offers. Among the principal advantages are the fact that transactions are faster and have lower fees, which can increase your profit margin.

article thumbnail

The 19 Ecommerce Growth Challenges of 2018, Outlined by Amazon’s Annual Report

BigCommerce

This expansion increases the complexity of our business and places significant strain on our management, personnel, operations, systems, technical performance, financial resources, and internal financial control and reporting functions. Executive Summary.

article thumbnail

How NFTs Can Fight Fraud and Increase Customer Loyalty

Omnisend

But to really understand NFTs, it’s also important to understand how it works with other systems within the blockchain ecosystem. All the systems that we are familiar with, are centralized—whether that’s the government, the banks, or various other institutions. Trustless here doesn’t refer to a lack of trust in the system.