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When it comes to payment processors in ecommerce sites, the talk used to be about credit cards, PayPal, COD (cash on delivery), et al. But now it’s shifting towards bitcoins and digitalcurrencies. Digitalcurrencies are the future of ecommerce. Currently, there are countless merchants who accept bitcoins.
Coinbase Commerce is a merchantpayment solution that helps online businesses accept cryptocurrency payments. The platform leverages blockchain technology in order to facilitate digital asset payments for its customers. Launched by Coinbase, a popular U.S.
Since essentially any digital property can be turned into an NFT and sold for value, the process has garnered attention from digital creators and collectors for all the right reasons. The platform also accepts mobilepayment methods for added convenience. As such, this move by Shopfiy was a big deal.
Bitcoin was the original digital coin or cryptocurrency; a decentralised digitalcurrency that relies on a peer-to-peer network technology – which has shaken the world. Bitcoin can be used to purchase goods and services just like “regular” money can. Next simply hit next to confirm and send your payment.
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