The current scenario of Ecommerce and crypto payments Statista data predicted that 72% of Ecommerce sales will take place on a mobile device by 2021, which highlights the importance of a better global payment mechanism. Another report stated that there has been a 700% surge in the number of businesses accepting bitcoin payments since 2013. Foresight Business predicts the North American virtual currency market alone will reach $1.8 billion by 2027 from $250 million in 2019. Why Ecommerce has embraced crypto payments The Ecommerce industry was quick to identify the…
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