E-commerce industry has witnessed a substantial amount of growth and development in the last few years. The major reason behind this growth and development of this industry is the growing popularity of online shopping. Nowadays most people find it very convenient to browse through online stores for shopping, instead of visiting a physical shop. There are innumerable times when you visit physical stores and don’t find products, which match your choice and requirement. Online shopping is the best solution to avoid the hassles of gushing from one shopping store to another. Online shopping is the most convenient way to get high quality products at reasonable rates.
Payment system has always been the biggest obstacle in the growth of E-commerce world. Most of the payment systems offered by online stores are not safe and people dither from risking their valuable money in online shopping. In order to effectively deal with this obstacle crypto currency were invented. Crypto currency is also known as digital currency and it was invented in the year 2009 by Satoshi Nakamoto. The name of first crypto currency was Bitcoin and it is one of the most popular online monetary transaction systems in the E-commerce world. This crypto currency has revolutionized the payment system of E-commerce industry by making it extremely secure and convenient. Even after introduction of various types of crypto currencies in the coin market, Bitcoin is still ruling to be the best in E-commerce industry. Most of the industry giants accept Bitcoin for processing online payment.
Payment system has always been the biggest obstacle in the growth of E-commerce world. Most of the payment systems offered by online stores are not safe and people dither from risking their valuable money in online shopping. In order to effectively deal with this obstacle crypto currency were invented. Crypto currency is also known as digital currency and it was invented in the year 2009 by Satoshi Nakamoto. The name of first crypto currency was Bitcoin and it is one of the most popular online monetary transaction systems in the E-commerce world. This crypto currency has revolutionized the payment system of E-commerce industry by making it extremely secure and convenient. Even after introduction of various types of crypto currencies in the coin market, Bitcoin is still ruling to be the best in E-commerce industry. Most of the industry giants accept Bitcoin for processing online payment.