HighKart to expand Bitcoin etailer business to India - Information portal

HighKart to expand Bitcoin etailer business to India

(no votes)

11.03.2014 Количество просмотров 389 views
HighKart.jpgHighKart, an Indian online ecommerce website, has added Bitcoin as a payment method.

As of now, there are more than 500 ecommerce startups in India. The majority of the startups has popped up within the last five years. HighKart detours its focus from consumers who trust in fiat currencies to embracing the Bitcoin crypto-currency. However, HighKart’s model relies on rejecting fiat currencies in order to turn over profits.

Currency exchanges are the most popular Bitcoin-based business right now. Still, Maninder Gulati, Vice President at Bitcoin startup investment company Lightspeed Ventures, claims that both ecommerce and exchanges are not practical solutions for the Indian Bitcoin ecosystem at the moment. He delves into the problem by stating that ecommerce retailers do not comply with the real problems of the crypto-currency business which take into account dealing with liquidity, awareness, convenience, and security.

HighKart retails more than 150 products, ranging from digital currency mining equipment to fashion accessories.
Source:  The Paypers


  from 27.02.2017 to 4.02.2017 Loyalty Expo 2017  
  from 18.04.2017 to 19.04.2017 4th International PLUS-Forum “Online & Offline Retail» 2017  
  from 7.06.2017 to 8.06.2017 8th International PLUS Forum “Cards, Payments and Mobile 2017”  
  from 12.06.2017 to 14.06.2017 Global E-commerce Summit 2017  
  All Events

Retail-loyalty.org - only
the main news on the Market!