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

Retail TouchPoints

Get ready for a technology retouch. We’re all used to traditional payment methods, and fully digitized payment solutions have not yet become mainstream. 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.

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Everything You Need to Know About Bitcoin and Blockchain in Ecommerce

Ecommerce Platforms

But now it’s shifting towards bitcoins and digital currencies. Digital currencies are the future of ecommerce. Local currencies couldn’t be converted to bitcoin easily and, as a result, no retailer would even think of accepting bitcoins as payment. Blockchain is the name of the technology powering bitcoin.

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Digital Wallets and Cryptocurrency: DTC Brands Must Prepare for the Future of Money

ESW

Certainly, the dominant payment methods, credit cards and bank cards, are 40-year-old technologies. Financial technology, or fintech, is one of the fastest-growing industries in the world right now. That’s why it’s critical for brands to stay up to date with those technologies. And those innovations are certainly happening.

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Gartner Predicts COVID Will Accelerate These Top 5 Digital Commerce Trends

GetElastic

Uncertainty around the virus has kept the doors to traditional brick-and-mortar stores shut for most of the past year, forcing buyers and sellers alike to adopt new digital purchasing pathways, both in-store and online.

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Coinbase Commerce Review (Sep 2021): Everything You Need to Know

Ecommerce Platforms

The platform leverages blockchain technology in order to facilitate digital asset payments for its customers. based cryptocurrency exchange, Coinbase Commerce focuses on making digital currency transactions easier for businesses. Software developers selling app solutions for mobile devices.

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Understanding Bitcoin Wallet – How Does It Work?

365 Retail

However, it is still a new and constantly evolving technology. Bitcoin is a decentralised digital currency. It is a peer-to-peer currency and its transactions are made directly from user to user. Bitcoin wallets can be broadly divided into 5 types: software, mobile, online, hardware, and paper wallets.

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How to Sell NFTs on Shopify – The Complete Guide

Ecommerce Platforms

There are various use cases for cryptocurrencies and the technology that powers it, the blockchain. Instead of looking for third-party merchant services integrations, each Shopify user can accept credit card, debit card, and other digital payments from the get go. The platform also accepts mobile payment methods for added convenience.

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