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Smallbusinesses can now easily find employees across the world for both part-time contract work and full-time positions. So retailers, too, need to be prepared to accept payments across borders. Read on the learn more about cross-border payments and how smallbusinesses can make this process simple, reliable, and efficient.
A digitalcurrency could level that playing field so you could sell just as easily process payments from customers in Norway or customers in Kenya. Even a payment option like Bitcoin lets small and medium-sized eCommerce operations expand into new markets across the globe.
But how does this affect smallbusinesses? Even for small online retailers, it’s important that you’re not too late to the game. This reason alone is enough incentive for online retailers to make the switch to accepting cryptocurrencies. Tell us a little about your business. Type of Business: General Retail.
Globally, ecommerce growth projections are also on an upward trajectory: They show that retail sales may exceed $4.058 trillion by as soon as 2020. billion digital buyers worldwide by 2021 ( eMarketer ). of total retail sales. When you buy shoes from an online shoe retailer, it is a business-to-consumer transaction.
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