What Is a Payment Processor?

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All online businesses thrive on digital payments, such as credit and debit card payments, electronic wallet payments, and even cryptocurrency payments. However, no eCommerce business can accept these digital currencies without a payment processor and payment gateway. Today, let’s take a close look at what a payment processor is, what it does, and how it works. We’ll also go over the types of currencies that payment processors accept and whether you can use a standard payment processor to accept crypto tokens at your eCommerce business. Payment Processors Explained Both retail…

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eCommerce vs Retail

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The modern market is booming as COVID-19 fades into the background, and both eCommerce and retail businesses have massive opportunities to expand. For many, there’s no better time to become entrepreneurs! If you want to start your own business and make it as a merchant, you have to answer one key question: Will your business be an eCommerce enterprise? If you’ve never owned or run a business before, you may not know what the differences between eCommerce and retail are — or why they matter. Today, let’s take a look…

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Optimizing an eCommerce Conversion Funnel

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If you operate an eCommerce business, you need to understand the importance and stages of eCommerce conversion funnels. eCommerce conversion funnels are valuable visualization tools that can help you maximize the profits of your business and streamline the customer journey. Today, let’s break down how you can optimize an eCommerce conversion funnel in detail. What Is an eCommerce Conversion Funnel? An eCommerce conversion funnel isn’t that different from a conversion funnel for a retail or in-person business. In a nutshell, a conversion funnel is a metaphor for the “consumer journey.”…

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eCommerce Strategy – What It is and How to Use It

Whether you run an exclusively online business or have a retail shop you want to expand into the online sphere, eCommerce strategy is crucial. Without understanding how to optimize your site for eCommerce success or market effectively to online customers, your digital business efforts will flounder and potentially fail. Fortunately, there are lots of ways you can practice a good eCommerce strategy, plus specific techniques you can use to see almost instantaneous improvements. If you don’t know where to start, read on – we’ll break down what an eCommerce strategy…

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The Rise of eCommerce in the Metaverse

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The Metaverse is confusing, there’s no doubt about it.  Lots of companies are throwing the term around, using it to describe what they are doing, or just trying to figure out how it fits into their business model. One thing, however, is certain. The metaverse will change the face of eCommerce and has already started doing so.  What is the “Metaverse”? The term “metaverse” first appeared in the 1992 novel “Snow Crash” but recently came to mainstream popularity when Facebook announced a change in name to “Meta”. As a result…

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Beginners Guide To Becoming An eCommerce Entrepreneur

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You want control of your finances, your professional destiny, and to bring something new to the world. It sounds like your ideal career is that of an eCommerce entrepreneur.  The eCommerce market offers unprecedented freedom and flexibility, especially for prospective business owners with imagination and the drive to succeed. Anyone can become an eCommerce entrepreneur, but only some will succeed. Not sure where to start? Read on for a detailed guide to becoming an eCommerce entrepreneur for beginners. What Is eCommerce? In a nutshell, eCommerce is any business transaction that…

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How To Build an E-Commerce Website from Scratch

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The e-commerce market is growing faster than ever, and it might be the best time to build your own e-commerce website. The right e-commerce website can let you advertise and sell products to people around the globe, especially if you leverage cryptocurrency transactions. But what if you don’t know how to build an e-commerce website from scratch? In that case, you’ve come to the right place. Below, we’ll break down how to construct an e-commerce website of your very own step-by-step.  How Do I Build an E-Commerce Website? Many business…

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CoinPayments Partners with the Emerging Payments Association, Aims to Drive Cryptocurrency Payments Adoption

Emerging Payments Association - Cryptocurrency Payment Processor

CoinPayments, the world’s leading cryptocurrency payments processor, today announced its newly formed partnership with the Emerging Payments Association (EPA), a global organization focused on connecting the payments ecosystem and encouraging innovation across the industry.  As part of the EPA’s diverse membership base, CoinPayments will work with the organization to drive further adoption of cryptocurrencies as a form of payment globally.  “CoinPayments’ decision to join the EPA is a signal to the payments industry: cryptocurrencies are going mainstream,” said EPA Executive Chairman David Hunter. “We can’t wait to work closely with…

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BitTorrent – Merchant Spotlight

BitTorrent, founded in 2004 and headquartered in San Francisco, was one of the first internet peer-to-peer file sharing sites and has continued to evolve as the internet has become more adopted and available globally. Its mission is to build a better internet, one that is full of options and not rules. To get a sense of how important BitTorrent is, you can just look at the numbers that it handles: 170 million people use BitTorrent clients every month, and the BitTorrent protocols move as much as 40% of the world’s…

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