Tag Archives: Payment

4 E-Commerce Payment Trends for 2023

Online shopping and e-commerce accelerate each year, growing, adapting, and branching out in ways that can be either surprising or predicted. Being at the front of these digital innovations can create profitable transformation and increase business success. Online sales rake in trillions of dollars around the world annually. E-commerce is big business, and sites like WooCommerce and Shopify are dominating the online shopping arena with their forward-thinking approach to commerce.

Looking for some insight into what lies ahead for online merchants? Here are four emerging or growing trends to keep an eye on this year.
 

Social Commerce

 
Social commerce is when companies use social media to sell their products directly to their followers or audience on a particular platform. Sites like…


Source link

Premier Managed Cloud Company, FullHost, Announces Cryptocurrency Payment Option, Further Solidifying Commitment to Client Happiness

With the aim to exceed expectations at the core of its business, FullHost unveils cryptocurrency as a new option in payment for its industry leading services. 

VICTORIA, B.C., April 19, 2022 /PRNewswire/ — FullHost, the hosting and support company offering flexible solutions in the Cloud and beyond, announces it will accept Cryptocurrency as an official form of payment for its services. Considering this form of currency as an in-demand means of paying, especially in the world of technology services, FullHost is proud to provide this option to its clients. By expanding their payment options, the organization continues to put the client first, understanding that making payment via Cryptocurrency exchange may create more avenues for convenience and ease. 

According to Chris Tilden,…


Source link

Banks $20 Limit On Naira Cards Frustrating Visa Renewal, Web Hosting Payment, Nigerians Lament

When the Central Bank of Nigeria began to ration dollars due to the stringent situation of foreign exchange in the country, most Nigerians who are seeking renewal of VISA and e-commerce businesses did not know they will be caught in the web of the new policy.

The Central Bank of Nigeria began the struggle to fix Nigeria’s forex woes in 2020 when the COVID-19 pandemic impacted on oil prices.

A lot of pressure was exerted on the Nigerian forex earnings from oil which contributes over 90 per cent of forex proceeds.

The bank introduced several policies to contain the impact of the Naira which has lost over 36 per cent of its value from N305 to N416 per dollar.

Nigeria sorts foreign exchange obligations through the official Importer and Exporter Window and the parallel market rates.

But…


Source link